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Hans Sohlström has over 30 years of experience in business leadership, including over 10 years as CEO predominantly in the forest and renewable materials industries. Most recently he led Ahlstrom Corporation, Ahlström Capital and Rettig Group.

If you are in your thirties or forties, you may not have previously seen the kinds of turmoil going on in the pulp and paper industry now. Today, demand is soft and thus prices are soft, thus squeezing profits and cashflow. This has not happened in the surviving grades for a long time (we have nearly stopped producing any grades that were designed for their communicating ability, today the industry is composed largely of those grades demanded for their physical properties). We have been remarking for the last few weeks that the containerboard segment is undergoing unprecedented turmoil. Now this turmoil has hit the board rooms.

The PM40 closed Friday, 29 September 2023, at 4976.

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 29 September 2023 up 13.2% from the 30 September 2022 level.

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

Mörrum is a specialty mill with two dedicated lines, one producing a wide range of premium paper pulps and the other dedicated to dissolving pulp for textiles and other applications together with the unique OnceMore® process.

The delivery is scheduled for the third quarter 2024.

Headquartered in Düren, Germany, Heimbach is a global supplier of paper machine clothing for the production of all grades of paper and cardboard on all machine types as well as high-tech textile products used in a variety of sectors, such as the food processing, chemicals, construction materials and automotive industries.

Andritz has received an order from Nordic Paper to deliver a new wood room with chip and bark handling for its Bäckhammar mill in Sweden.

Holmen Paper takes another stride toward innovation by upgrading its online monitoring system on PM11 to the advanced Intellinova Parallel EN system from SPM Instrument.

Ledinek will manufacture and deliver a new planer line for exterior elements to Moelven Edanesågen AB from Sweden, part of the Norwegian-Swedish Moelven Group, which produces wood elements and systems for the construction sector. As part of a major investment at the Edane site in Sweden, a new production line for planing and sorting will also be built.

The new 723 E material handler is equipped with a 1.25 m² grapple and is responsible for cutting to length and sorting logs after they have been delivered to the log yard. Thanks to its compact dimensions, the handling machine can be maneuvered quickly and easily over the entire company premises.

Toscotec will supply a technological upgrade of Paper Prime's PM1 at their Vila Velha de Rodão mill in Portugal. Planned for mid-2024, the project aims to achieve substantial energy savings and production increase.

Graphic Packaging International has recently commissioned Voith to supply multiple stock preparation lines, integrated reject handling and the wastewater pre-treatment system for its newest, most advanced coated recycled board (CRB) mill being built in Waco, Texas.

The BTG Group appoints Xin Shun Cui as the new President and CEO. This strategic move comes as Robert Crossman, the former President and CEO, took on a new role as President Products and Service North America within the Voith Paper organization.

The South Ostrobothnia Centre for Economic Development, Transport and the Environment issued its statement on the Environmental impact assessment (EIA) report for the Kaskinen paperboard mill of Metsä Board, part of Metsä Group. This concludes the mill project's environmental impact assessment procedure.

SCA and Holmen have now conducted the feasibility study regarding a jointly owned sawmill. The study shows that the conditions to jointly create a large-scale and competitive operation are good. Work now continues to evaluate the different development options that have been identified.

Company partnering with Carbon Direct to deliver scientifically robust, high-quality forest carbon credits.

Finnish-Swedish forestry firm Stora Enso, battery producer Amperex Technology Ltd (ATL) and other parties have invested $18 million in start-up CarbonScape to commercialise bio-graphite for use in batteries, they said on Tuesday.

Trace to permanently sequester carbon dioxide (CO2) underground, while Molpus continues to manage the aboveground acreage as a sustainably managed working forest.

Smurfit Kappa announces that it has been named in TIME's 'World's Best Companies' list and Sustainability Magazine's 'Top 100 Companies' list, two global recognitions that underscore the company's unwavering commitment to sustainability, environmental responsibility, and corporate stewardship.

Pactiv Evergreen will soon offer its customers certified-circular polypropylene (PP) packaging products leveraging ExxonMobil's Exxtend™ technology for advanced recycling. These innovative products will meet all regulatory requirements and specifications for food contact applications.

In response to the summons for Jackson Wijaya to appear before the Standing Committee on Natural Resources, Shane Moffatt, Head of the Nature & Food campaign at Greenpeace Canada, said...

Report details LP's resilience and sustainability across its operations and commitment to carbon-negative products.

Sofidel, a leading global provider of paper products, has earned a Climate Pledge Friendly badge from Amazon. This label highlights Sofidel's unwavering commitment to sustainability and environmental responsibility.