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No injuries were reported in the incident.

A Chinese firm, Huanrong Paper, is set to construct a paper manufacturing plant in Uzbekistan's Samarkand region, in a project valued at around $500 million, local authorities have said.

Tetra Pak takes another major step towards the next generation of sustainable packaging materials with its €60 million investment in a new pilot plant for its paper-based barrier technology at the company's facility in Lund, Sweden.

International Paper, a global leader in sustainable packaging solutions, has completed the sale of its Global Cellulose Fibers (GCF) business to funds affiliated with American Industrial Partners (AIP). As part of the sale agreement, AIP acquired the GCF business for $1.5 billion including the issuance to International Paper of preferred stock with an aggregate initial liquidation preference of $190 million.

Thunder Bay Pulp and Paper has decided to halt its newsprint production due to a significant decline in demand. This decision will impact 150 jobs as per their latest announcement on January 22. The company will be filing notices with the provincial labor ministry to implement this change within the current quarter.

About 120 employees were laid off in July, with hopes they would return to work in the new year.

Metsä Board has signed an agreement to acquire the Winschoten Sheeting and Distribution Hub in the Netherlands from Konvertia Group. The transaction is expected to be completed in February 2026. The parties have mutually agreed not to disclose the acquisition price.

The statement says a major factor was last month's announcement of the closure of Domtar's pulp mill in Crofton, B.C., which Atli says effectively eliminated the demand for wood chips produced at Beaver Cove.

The construction of the terminal will be carried out through a joint venture between CMPC and Neltume Ports.

Since becoming Chief Operating Officer (COO) in 2020, Fuller has been responsible for the Company's global consumer and industrial operations as well as its diversified businesses and Information Technology.

The agreement enables Canfor Corporation to acquire all Canfor Pulp shares it does not already own. Shareholders will receive either 0.0425 Canfor Corporation shares or $0.50 in cash per Canfor Pulp share. Canfor Corporation currently owns 54.8% of Canfor Pulp's issued shares.

The Canadian Forest Sector Transformation Task Force has held its first meeting to begin work on restructuring and modernizing Canada's forest industry. The initiative aims to enhance competitiveness, sustainability, and product diversification.

Georgia-Pacific shut down the facility last July.

MM Packaging Leeuwarden, based in the Netherlands, is known for producing folding cartons and maintains relationships with customers in both the Dutch and broader European markets.

The company said that the pilot is safe and sustained only minor injuries. Weyerhaeuser added that it's working with the FAA and the National Transportation Safety Board to determine what led up to the crash.

In my nearly 76-year lifetime, I have never seen as many hot spots around the world as there are now. Starting with Ukraine, we follow with Gaza Strip, Taiwan, Venezuela, Iran, Greenland and perhaps one or two more. The Chinese Belt and Road Initiative has made substantial inroads in South America, an important source of the world's pulp.

The PM40 closed Friday, 30 January 2026, at 5467.

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 January 2026 down 9% from the 31 January 2025 level.

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

Forests minister scrambles to increase timber to B.C.'s forest industry.

Packaging stocks rose on Friday after Packaging Corp. of America announced plans to increase containerboard prices by $70 per ton effective March 1, according to Bloomberg's Green Markets Box Report.

Due to a continued weak market and lower prices as well as a weaker USD, Rottneros forecasts a significantly lower EBITDA result in the fourth quarter of 2025 compared with the same quarter last year.

Miami Machine, Inc., a leading manufacturer of heavy-duty and specialty industrial equipment for Paper Mills, announced the addition of a third manufacturing location at 605 Clark Street in Middletown continuing the company's growth following its acquisition in April 2025.

Valmet has completed its most significant research and development program to date, Beyond Circularity, which ran for four years as part of Business Finland's Veturi initiative. Launched in 2022, the program involved over 370 partners and aimed to advance sustainability and support customer industries in achieving carbon neutrality and a green transition.

ANDRITZ has acquired a 51% stake in Baoding Sanzheng Electrical Equipment Co., Ltd., a China-based provider of advanced industrial induction heating systems.