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Pactiv Evergreen

All articles tagged with #pactiv evergreen

Suzano to Acquire Pactiv Evergreen's U.S. Paper Plants for $110M
business1 year ago

Suzano to Acquire Pactiv Evergreen's U.S. Paper Plants for $110M

Pactiv Evergreen has agreed to sell its Waynesville and Pine Bluff facilities to Suzano, a global paper and pulp producer, for $110 million. The deal is expected to bring economic benefits and job opportunities to the Waynesville area, which was impacted by previous mill closures. The sale is anticipated to be finalized in the fourth quarter of this year.

Pactiv Evergreen's Mill Closure Threatens $12M Agreement and Small Mountain Town.
business2 years ago

Pactiv Evergreen's Mill Closure Threatens $12M Agreement and Small Mountain Town.

North Carolina Governor Roy Cooper has warned Pactiv Evergreen that the closure of its paper mill in Wagram would be a "clear breach" of the $12m agreement the company signed with the state in 2019. The agreement was aimed at supporting the mill's operations and retaining jobs. Cooper has urged the company to reconsider its decision, which would result in the loss of 300 jobs and have a significant impact on the local economy.