Recent Articles

Kimberly-Clark Corp.'s potential sale of its international tissue business has attracted interest from companies including Royal Golden Eagle Pte, Brazil's Suzano SA and Asia Pulp & Paper Co., according to people familiar with the situation.

International Paper, which owns the nation's largest cardboard recycling mill in Cedar Rapids, will be building a $260 million facility in Waterloo near the city's airport.

Nordic Paper has entered into a new financing agreement as change-of-control provisions of the previous financing agreement were triggered when Strategic Value Partners, LLC, through Coniferous Bidco AB, reached a controlling shareholding in Nordic Paper in December 2024.

Boise Cascade announced Jeff Strom will become its new chief operating officer (COO), effective January 20, 2025. This new role will oversee the operations for its Wood Products and Building Materials Distribution (BMD) divisions.

These measures involve change negotiations affecting approximately 360 employees, with up to 215 potential job reductions.

Smurfit Westrock plc has reported a forthcoming change in its executive leadership. Jairo Lorenzatto, the President and Chief Executive Officer for the LATAM region, is set to step down from his role at the end of January for personal reasons. The company announced in a recent filing with the U.S. Securities and Exchange Commission that Alvaro Henao will succeed Lorenzatto as of February 1, 2025.

Transaction Represents 96th Acquisition for Leading Distributor of Foodservice Packaging and Janitorial Sanitation Products.

The Day Street Mill operated for 122 years before being shutdown in 2023. Now, Georgia-Pacific is deciding what to do next with the supercentenarian property.

Employees' last days at the facility will be in March, according to the worker adjustment and retraining notification filing.

The biofuel plant will be upgraded and a new pellet factory will be built.

Interfor announced that it has completed the previously announced divestiture of its operations in Québec, Canada to Les Chantiers de Chibougamau Ltée.

Lindenmeyr Munroe plans to expand operations into the Florida market with a Tampa-based distribution facility.

Finch Paper announced the promotion of Drew Gardner as Chief Executive Officer, effective February 1, 2025. Drew succeeds Debabrata Mukherjee, who has led the company since 2013 and will continue his service to Finch Paper as Chairman of the Board.

Huhtamaki appoints Ralf K. Wunderlich (58) as President and CEO effective on January 15, 2025 when the Company's current President and CEO Charles Héaulmé steps down. Charles will be available as needed to secure smooth transition until July 2025.

Jerry Cheatham, a 36-year finance leader within Sonoco, has been named interim Chief Financial Officer, replacing Chief Financial Officer Rob Dillard, who has departed the Company.

Kendrick McBride, Casey Redwine and Brent Siegel have been named plant managers at three Roseburg Forest Products mills.

The business provides engineering, supply chain, kitting and assembly, automation, digital and logistics solutions that help customers reduce total costs, improve their sustainability footprint, mitigate risk, and grow sales.

Södra has decided to divest its forest holdings and related activities in the Baltics as part of its strategy to focus on members' forests and maximize value for these estates. The decision involves approximately 153 thousand hectares of land, mainly located in Latvia, with the remainder in Estonia.

C&L was founded in 1975 and acquired by Henry and Blythe Bowman in 1996. When acquired, C&L had 10 employees and revenue of less than $1 million. Under Henry's leadership, C&L expanded its operations, adding machinery and other facilities. Today, C&L employs approximately 115 people and serves customers within a 150-mile radius.

Do you think fires are a major problem in pulp and paper mills?

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 the late Alf de Ruvo, who was inducted into the Hall of Fame in 2015.

The PM40 closed Friday, 17 January 2025, at 5786.

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 17 January 2025 up 10.1% from the 19 January 2024 level.

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

President-elect Donald Trump's threat to impose a 25% tariff on Canadian imports could significantly disrupt the U.S. lumber supply chain, according to Rajan Parajuli, an associate professor of forest economics and policy at NC State University.