Recent Articles

Two-Day Online Auction Scheduled for June 4-5, 2025, Featuring Extensive Paper Production Equipment from a 135-Year-Old Facility

Ahlstrom is retaining all 260 employees at the Stevens Point facility, according to Tricia Schwartz, the company's communication manager for North America.

UPM Specialty Papers will invest over 10 million euros in the modernization of UPM Tervasaari mill in Valkeakoski, Finland. The investment will allow UPM Specialty Papers to boost capacity and improve production stability in its highly specialized products, such as glassines and flexible packaging papers.

On Wednesday, 28 May, a ceremony was held in Mönsterås to mark the start of construction of Södra's new kraft lignin plant. The facility is an important step in Södra's strategy to make more from every tree and develop its business by adding new bio-based products. The plant will support the green transition and strengthen the local labour market.

The duration of temporary layoffs is up to 90 days.

Capitalizing on unique off-market opportunity to further enhance Southern Timberlands portfolio with highly productive and strategically located acreage.

Norske Skog has reached an important and historic milestone with start of recycled containerboard production at the Golbey mill. The total investment of approximately EUR 400 million makes it the single largest investment in Norske Skog's history.

Tom Erik Foss-Jacobsen has been appointed CEO of Borregaard ASA. He succeeds Per A. Sørlie, who will retire after 26 years in the position.

It has proposed closing five packaging sites in the UK following a strategic review of the region. It did not specify which locations are earmarked for closure.

Stora Enso has entered into an agreement to divest approximately 175,000 hectares of forest land, equivalent to 12.4% of its total forest land holdings in Sweden for an enterprise value of EUR 900 million, equivalent to SEK 9.8 billion or US$1.02 billion.

Agreement with local buyer includes manufacturing facility and associated timber licenses in British Columbia.

This latest Euro 15 million investment in Saint-Séverin underscores Ahlstrom's enduring commitment to sustainable innovation.

At the end of March, Rottneros announced a reduction corresponding to 47 positions. The notice applied to both Rottneros Mill and Group functions.

Sofidel raised acquisition bid from $126 million to $180 million; Kimberly-Clark named back-up bidder for Royal Paper assets

Smurfit Westrock--the packaging company formed through the merger of Ireland's Smurfit Kappa and U.S.-based Westrock--has approved a $150 million (about R$840 million) investment to expand and modernize its operations in Brazil. The investment, already cleared by the board, is expected to be implemented over a period of 18 to 22 months.

A packaging and labeling company in southwestern Wisconsin is preparing to shut down one of its facilities, citing shifting business conditions and resulting in layoffs affecting dozens of workers.

When a recruiter approached Andy Silvernail about joining International Paper to turn around the 127-year-old company, he initially said no.

Kadant Black Clawson LLC, a subsidiary of Kadant Inc., successfully started up a new lightweight recycled containerboard line at Cascades' Bear Island facility in Ashland, Virginia.

Graphic Packaging Holding Company announced that Alessandro Maselli has joined its Board of Directors. Mr. Maselli is currently President and Chief Executive Officer of Catalent Pharma Solutions and a member of its Board.

Kasperkovitz has more than 15 years of experience in various management functions in Europe, North America and Asia, which represent the group's most important production regions and markets.

Having started working in industry in 1970, I would say the industry of those days was more closely related to the inventions of the Fourdrinier brothers than it is to the industry of today. Nearly all computerization and electronics of today have been invented or perfected since 1970. This is true from the most mundane tasks through the most sophisticated operations to the headquarters functions.

The PM40 closed Friday, 30 May 2025, at 5141.

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

The PM40 closed 30 May 2025 down 10.6% from the 31 May 2024 level.

In this issue of Disconnected Comparisons, we evaluate Greif and Mercer International.

Kimberly-Clark expects that its common stock will cease trading on the NYSE at market close on Thursday, May 29, 2025, and will commence trading on Nasdaq on Friday, May 30, 2025.