Ladies and gentlemen, the first class of inductees to the Paper Industry International Hall of Fame in Appleton, Wisconsin was inducted more than two decades ago in 1995, and today, more than 150 papermaking innovators and legends have been enshrined. This month, we profile Luigi Lazzareschi, who was inducted into the Hall of Fame in 2018.

The PM40 closed Friday, 12 December 2025, at 5284.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

In this issue of Disconnected Comparisons, we evaluate Nine Dragons and Boise Cascade.

The PM40 closed 12 December 2025 down 10.1% from the 13 December 2024 level.

The Trump Administration's executive orders cut across dozens of industries. This searchable tool breaks down the orders and their impact.

Embarks on transformational, portfolio-wide strategy to catalyze growth, further strengthen competitive position and maximize cash generation capabilities.

The negotiations involved more than 950 employees across all staff groups in Finland, primarily located in Jyväskylä, Tikkurila in Vantaa, and Raisio. Valmet employs about 19,000 people worldwide, including approximately 6,000 in Finland.

This year, Metsä Group has burned 90 retention tree groups and carried out controlled burning on ten sites. New forest fire habitats were thus created for a total of 100 sites all over Finland. With these measures, Metsä Group promotes the living conditions of species dependent on forest fire sites with the aim of improving the state of forest nature in line with the principles of regenerative forestry.

Do you have a mentor?

Interfor announced that it has made several leadership changes. Mike Mackay has been appointed Executive Vice President & Chief Financial Officer, effective December 8, 2025. Mr. Mackay, who joined Interfor in 2015, has held several leadership roles in the Company's finance organization, most recently serving as Vice President, Corporate Development & Treasury. Mr. Mackay will succeed Rick Pozzebon, who will be leaving Interfor to pursue other opportunities.

Effective January 1, 2026, Essity's business areas will be as follows: Health & Medical, Personal Care, Consumer Tissue and Professional Hygiene. The new business areas reflect the organizational change being made to accelerate the company's growth rate and more rapidly achieve its financial targets.

Read the monthly newsletters here or subscribe and have them emailed to you hot off the press!

Incidents in 2025: We are updating this list as these happen in the pulp, paper and forest products industry

We are updating this list as these happen in the pulp, paper and forest products industry

We are updating this list as these happen in the pulp, paper and forest products industry

Check out the monthly newsletters here or subscribe and have them emailed to you hot off the press!

Pulp and Paper Manufacturers report to the US Securities and Exchange Commission

What they want us to know...

Canfor Corp currently owns approximately 54.8% of the issued and outstanding Canfor Pulp Shares.

The $7,000 fine was documented in October 2025, though state regulators said the mill later demonstrated compliance with an air pollutant limit.

Rengo Co., Ltd. has announced the start of operations at a new heavy-duty corrugated packaging plant for its subsidiary TRICOR Packaging & Logistics AG in Goch, Germany.

The curtailments will begin on December 15th and is expected to reduce production by 13 million board feet.

World's largest pulp producer partners with ISN® to improve safety, sustainability, and compliance standards.

CO280 announced that it successfully completed a carbon capture field pilot at a US pulp and paper mill.