CellMark acquires Paper Tube & Core Corp.
The Austin, Texas-based North American recycling business unit of CellMark has acquired Paper Tube & Core Corp. (PT&C). That Paterson, New Jersey-based firm specializes in collecting, repurposing and recycling large paper cores and tubes on a global scale.
An email sent by PT&C President Russ Panzer and Vice President of Operations Jeff Schindle states in part, “We are pleased to announce that Paper Tube & Core Corp. was recently acquired by CellMark Inc., an employee-owned independent supply chain services company. We have joined CellMark’s Recycling Division, adding a new element to an existing network of offices and production facilities across North America, Europe, the Caribbean, South America and Asia.”
The duo also writes that “the entire PT&C team will be staying on and is excited about this growth opportunity.”
The specialty core and tube operation will continue operating out of its New Jersey production facility with a slight rebranding as Paper Tube & Core, A CellMark Company.
ND Paper announces recycled pulp operation
ND Paper, an Oakbrook Terrace, Illinois-based producer of pulp, paper and packaging, has announced plans to launch a new recycled pulping operation in Old Town, Maine. ND Paper is the U.S. division of Nine Dragons Paper (Holdings) Ltd., a large containerboard producer headquartered in China with $10 billion of annual sales.
According to a news release from ND Paper, the new production line will make about 200 metric tons of unbleached recycled pulp per day at full capacity. The Old Town mill plans to consume regionally sourced recovered paper, mostly old corrugated containers (OCC), as its primary feedstock for the new recycled pulping operation. ND Paper says it expects to be at full capacity for production and staffing of this line by the third quarter of the year.
At full operation, the recycled pulping operation will support about 20 new jobs. ND Paper also plans to spend money locally and elsewhere in Maine on services such as fiber sourcing, operational and maintenance supplies and logistics.
According to ND Paper, the Old Town mill began operations in 1860 as a sawmill, moving into pulp products in 1882 as the Penobscot Chemical Fiber Co. After multiple ownership changes over the years, the facility was idled in October 2015. ND Paper purchased the shuttered mill in October 2018 and has since invested millions of dollars into its restart. In addition to unbleached recycled pulp, the mill produces unbleached softwood kraft pulp.
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