Dutch District Court Declares Crown Van Gelder Bankrupt

Paper Excellence announced the donation of $50,000 to the Pacific Salmon Foundation to support regeneration and recovery of wild Pacific salmon. These funds will support the Pacific Salmon Foundation’s Community Salmon Program which supports volunteer and community–driven organizations that undertake salmon conservation and restoration projects. “With half of Pacific salmon populations in a serious state of decline, we welcome the generous donation from Paper Excellence, which will advance vital community-based salmon enhancement and conservation activities,” said Michael Meneer, President & CEO, Pacific Salmon Foundation. “The Community Salmon Program supports more than 300 volunteer-led programs in B.C. with dedicated individuals committed to improving salmon habitat and survival.”

Interfor Corporation announced that its wholly owned subsidiary, Interfor East Ltd. , has acquired a total of 28,684,433 common shares in the capital of GreenFirst Forest Products Inc. (“GreenFirst”) from Rayonier A.M. Canada G.P., which represents approximately 16.2% of GreenFirst’s issued and outstanding common shares. The total cash consideration was approximately C$56 million, or C$1.94 per share, and certain price protection provisions will apply in limited circumstances during a defined period following the transaction. This acquisition was made for investment purposes and builds upon, and is complementary to, Interfor’s recent expansion into Eastern Canada through the acquisition of EACOM Timber Corporation in February 2022.

Effective with orders starting February 1, 2018 and later, Tekra, A Division of EIS, Inc. will increase prices on all products in our digital film line by 4-8%. This includes Dura-Go®, JetView™, Digi-Go™, DuraKote™ and ToneKote™ products. This increase is necessitated by inflation, rising operational costs, and raw material costs.