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Displaying 1 - 25 of 18968 articles

Rayonier Advanced Materials President and CEO De Lyle W. Bloomquist announces intention to retire

Rayonier Advanced Materials Inc., a global leader of cellulose-based technologies, announced that President and Chief Executive Officer De Lyle W. Bloomquist has informed the Board of Directors of his intention to retire by the time of the Company's 2026 Annual Meeting of Stockholders, expected in May 2026. Mr. Bloomquist also confirmed he will not stand for re-election to the Company's Board of Directors. To ensure continuity and a smooth transition, Bloomquist will remain in his role as CEO until a successor is appointed.

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Atlas Holdings Completes Acquisition of The ODP Corporation; Craig Gunckel Named Chief Executive Officer

Atlas Holdings ("Atlas") completed the previously announced acquisition of The ODP Corporation ("ODP" or the "Company"), a leading provider of products, services and technology solutions to businesses and consumers, in an all-cash transaction valued at approximately $1 billion.

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Fire at Pactiv facility in Macon, Georgia

After hours of fighting the flames, crews were successful in putting out the fire, and no injuries were reported.

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Billerud invests in new headbox at Gruvön mill in Sweden

The rebuild at the Gruvön mill is scheduled for April 2026.

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CEO of Lenzing AG Rohit Aggarwal resigns due to personal reasons, effective 31 January 2026

CEO of Lenzing AG Rohit Aggarwal resigns due to personal reasons, effective 31 January 2026. Following Mr. Aggarwal's departure, Lenzing AG will be led by a three-member Managing Board. The process to appoint a new Chief Executive Officer has been initiated by the Supervisory Board and an appointment will be announced at the appropriate time.

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Update: Fire in Tolko's Williams Lake mill results in temporary layoffs for repairs

Tolko Industries Ltd. in Williams Lake has issued temporary layoffs to 35 employees while repairs take place at the Lakeview mill facility.

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Graphic Packaging appoints new CEO and announces cost cutting measures

Robbert Rietbroek Appointed President and CEO, Effective January 1, 2026; Michael P. Doss to Step Down as President and CEO, Effective December 31, 2025

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Pratt Industries opens Warner Robins, Georgia facility

U.S. Agriculture Secretary Brooke Rollins and Georgia Agriculture Commissioner Tyler Harper say the new Warner Robins facility strengthens local jobs and provides vital support for farmers.

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Metsä Board completes change negotiations, cuts 310 positions across all operating countries

In Finland, the process ended earlier, reducing 150 positions, as the company reported in November 2025. Negotiations in other countries have now concluded, resulting in 160 additional reductions. Altogether, the company will reduce 310 positions through the process.

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ProAmpac to Acquire TC Transcontinental Packaging from TC Transcontinental

ProAmpac, a global innovator in flexible packaging and material science, announced that it has signed a definitive agreement to acquire TC Transcontinental Packaging ("TCP") from TC Transcontinental for US$1.51 billion (approximately CAD$2.1 billion), subject to customary adjustments for debt and debt-like items, cash, and net working capital.

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West Fraser Timber to curtail High Level, Alberta, mill; 190 jobs affected

West Fraser Timber Co. Ltd. announced that it will indefinitely curtail its oriented strand board (OSB) mill in High Level, Alberta in the spring of 2026 following an orderly wind-down and consumption of the mill's existing log supply.

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Boise Cascade Announces CEO Transition: Nate Jorgensen to retire, Jeff Strom appointed successor

Boise Cascade Company announced that Nate Jorgensen, Chief Executive Officer, plans to retire effective March 2, 2026. The board of directors has unanimously appointed Jeff Strom, Chief Operating Officer, to succeed Jorgensen effective March 3, 2026. Jorgensen will continue to serve as a director on the Company's board after his retirement. The Company does not plan to backfill the chief operating officer role after the transition.

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Roof fire at Des Plaines, Illinois International Paper facility quickly contained

The fire was extinguished roughly 15 minutes after the fire department arrived. Firefighters confirmed there were no injuries, and the fire did not extend into the interior of the building.

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Domtar Wood Products announces temporary curtailment of lumber production

Domtar Wood Products announced a curtailment in its lumber production. Due to challenging market conditions and ongoing economic uncertainty, Domtar will temporarily reduce its lumber production by 100 million board feet for the fourth quarter of 2025, including additional curtailments for the holiday season, at its facilities in Quebec, Ontario, and the United States.

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Packaging Corporation of America to shut down machines in Washington, affecting 200 jobs

Packaging Corporation of America announced that it will permanently shut down the No. 2 paper machine (W2) and kraft pulping facilities at its Wallula, WA containerboard mill. PCA will continue to operate the No. 3 paper machine (W3) and recycled pulping facilities at the mill.

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Roseburg Forest Products closes Weed, California facility, consolidates operations in Oregon mills

Roseburg Forest Products announced that it has ceased operations at its Weed, Calif., veneer plant as of Dec. 3, 2025. The company is consolidating veneer production at its Oregon mills, where it has installed new, highly efficient veneer equipment. The move strengthens Roseburg's long-term competitiveness in engineered wood and softwood plywood markets.

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UPM plans to increase its growth focus through streamlined business portfolio

UPM is a material solutions company with world-class businesses in growth markets. With the intended graphic paper Joint Venture between UPM and Sappi announced today, UPM aims to position the communication paper business for continued value creation for its customers in a way that benefits UPM shareholders. Assuming the Joint Venture is formed, UPM would achieve a stronger growth profile, improved margins and leverage, with no direct sales exposure to the declining European and North American graphic paper markets.

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Canfor Corporation to acquire Canfor Pulp

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

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UPM discontinues label materials production in Nancy, France

The change will impact 79 employees.

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Domtar announces permanent closure of mill in Crofton, B.C.; Hundreds of Vancouver Island mill workers lose jobs ahead of Christmas

Domtar pulp mill in Crofton to close, leading to 350 job losses.

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Emergency crews respond to fire at Georgia-Pacific in Hosford, Florida

A fire has been reported at Georgia-Pacific in Hosford early Wednesday, Dec 3.

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Metsä Group restarts Joutseno pulp mill and curtails Rauma mill for one month

Metsä Group will restart its Joutseno pulp mill on 8 December 2025, ending a production shutdown that began in June. Concurrently, the company will initiate an approximately one-month production curtailment at its Rauma pulp mill, starting 15 December 2025, with a gradual restart scheduled from 7 January 2026. The adjustments are a response to current market demand for long-fibre softwood pulp.

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Fire damages exterior wall, some electrical components, at Tolko Lakeview in Williams Lake

3 apparatus, 1 command vehicle and 25 firefighters responded and were there approximately 6 hours with an additional hour of cleanup afterwards.

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Conifex Timber to shut down Mackenzie sawmill for a month; new biofuel project makes progress

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

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Essity AB Announces Strategic Reorganization of Business Areas

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.

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Displaying 1 - 25 of 18968 articles

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