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Celebrating all things paper: The wonder and the legacy, continued

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 Harold Miller who was inducted into the Hall of Fame in 2024.

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The PM40 closed Friday, 15 August 2025, at 5430.

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

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In this issue of Disconnected Comparisons, we evaluate Quad and Smurfit Westrock .

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The PM40 closed 15 August 2025 down 2.9% from the 16 August 2024 level.

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Executive Order Tracker | tariffs, duties, United States, Canada,

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

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Just in....

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NOREXECO

Interview with NOREXECO | NOREXECO,

In this special episode, we talk with Stein Larsen, CEO NOREXECO ASA.

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Market News of Note

Boise Cascade Company reported net income of $62.0 million, or $1.64 per share, on sales of $1.7 billion for the second quarter ended June 30, 2025, compared with net income of $112.3 million, or $2.84 per share, on sales of $1.8 billion for the second quarter ended June 30, 2024.

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Supplier News

Röchling Industrial Oepping GmbH & Co. KG, a specialist in high-quality functional components and a leading partner in the international paper industry, has acquired the industry-leading EZ eco smart fabric cleaning technology effective August 1, 2025.

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Environmental

Canada is allocating $45.7 million to advance wildfire science, improve risk assessments, and strengthen community resilience through 30 projects nationwide. The investment supports both research initiatives and Indigenous-led fire stewardship, with $41.7 million directed to 20 research and demonstration projects and $3.9 million to 10 Indigenous-led projects, according to Natural Resources Canada.

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Amusing & Interesting

What is your decision point in driving vs. flying for business trips?

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Major Announcements

The International Society of Automation (ISA) -- the leading professional society for automation -- has announced the program for the 2025 ISA Automation Summit & Expo (ASE) this fall at Disney's Coronado Springs Resort in Lake Buena Vista, FL.

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Restructurings

Due to prolonged weak profitability and the uncertain market outlook, Metsä Group is to initiate the planning of a significant cost savings and profit improvement programme. The aim of the programme is to achieve annual cost savings of approximately EUR 300 million, which are expected to be implemented gradually from 2026.

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S & F Arguments

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

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Reported Risk

Risks: Fires, Fatalities and Catastrophes in 2025 | fire, accidents, fatality, disaster, explosion, pulp, paper, industry,

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

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Closures/Reductions

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

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Capital Projects

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

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Industree 4.0

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

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Corporate SEC Filings

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

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Other Corporate News

What they want us to know...

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Labor & Union Actions

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Mergers & Acquisitions

This transaction, which includes over 173,000 acres of timberlands across the Southeastern United States, follows Greif's previously announced intent to divest the business as part of its strategic portfolio optimization. The deal is expected to close shortly before or after the Company's fiscal year end, subject to customary closing conditions.

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Legal

Rayonier Advanced Materials Inc., a U.S. and global leader of cellulose-based technologies, together with the United Steel Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union AFL-CIO ("USW"), announced the filing with the US Department of Commerce ("USDOC") and the US International Trade Commission ("USITC") of parallel antidumping and countervailing duty petitions on Brazil, and an antidumping petition on Norway, concerning U.S. imports of High Purity Dissolving Pulp ("HPDP").

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Major Expenditures

UPM Adhesive Materials, formerly known as UPM Raflatac, is investing in a new, state-of-the-art coating line and other facility and material handling upgrades in its label material factory in Johor Bahru, Malaysia.

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Operations News

Tom Erik Foss-Jacobsen assumed his position as Borregaard's new CEO on 1 August.

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Joint Venture

Xampla has announced that Huhtamaki's Taste hot food boxes, featuring the material innovation company's Morro coating, are now available at Bunzl UK & Ireland.

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Final Word

The Final Word by Helen Roush

Innovation in energy

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Wise Advertising

Something to consider...
Something to consider...

Having trouble reaching decision makers?

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The Fine Print

At your service

Permission granted for reprinting, as long as entire articles are reprinted without modification or truncation.

"PaperMoney" is a registered trademark (USPTO Reg. No. 2947381) of Talo Analytic International, Inc.


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