Recent Articles

Kimberly-Clark on Thursday struck a deal with Brazilian pulp maker Suzano to sell a majority stake in its international tissue business, valuing the business at about $3.4 billion, the Kleenex tissue maker said.

According to early reports, the incident involves a turbine fire inside the facility, prompting an immediate call for mutual aid.

The expansion is expected to create approximately 35 new jobs, adding to the more than 600 people Green Bay Packaging currently employs in Conway County. The company also noted that this investment could potentially double the production capacity of the Arkansas Kraft facility.

International Paper, a global leader in sustainable packaging, on June 3 announced the strategic exploration of a new sustainable packaging facility in Salt Lake City, Utah. The exploration of a prospective new facility is part of International Paper's strategic growth plans to expand manufacturing capabilities in the United States. The company is eyeing Utah to increase its footprint in the region and better serve customers by meeting the growing demand for high-quality, sustainable packaging.

Kimberly-Clark has announced plans for a $130 million expansion of its Mobile facilities, adding a new production line to make hygiene products.

The divestment of Metsä Group's parent company Metsäliitto Cooperative's wood supply business in Latvia to ACA Timber has been completed. The seller is Metsä Forest Latvia SIA, a subsidiary fully owned by Metsäliitto Cooperative. On 3 March 2025, Metsä Group announced the divestment of its wood supply business in Latvia, which at the time still required approval by the Latvian Competition Authority.

Firefighters responded with an aggressive attack, and the flames were brought under control.

As of 1 July 2025, Metsä Group's Executive Management Team will consist of the heads of each of the five business areas, the Group EVP, CFO, the EVP, Human Resources, and the EVP, Legal and Compliance..

UPM Raflatac business area and reporting segment will be renamed UPM Adhesive Materials as of June 12, 2025. The new reporting segment name will be in use from the Interim Report Q2 2025 onwards.

What is your current view of the pulp and paper industry?

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 Derek H. Page, who was inducted into the Hall of Fame in 2003.

The PM40 closed Friday, 13 June 2025, at 5129.

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 13 June 2025 down 7.4% from the 14 June 2024 level.

In this issue of Disconnected Comparisons, we evaluate Graphic Packaging and Stora Enso.

The amended and restated loan agreement includes, among other things, a liquidity covenant and a profitability target replacing the current leverage covenant up to and including 30 September 2026.

The Greenpac Mill, located in Niagara Falls, New York, manufactures lightweight containerboard, made with 100% recycled fibres.

Sappi's current shareholder split is around 70% South African and 30% non-South African

Magnera Corporation announced it will be added to the broad-market Russell 3000® Index following the annual reconstitution of the Russell indexes. The reconstituted indexes are set to take effect after the U.S. market closes on June 27, 2025.

Net income increased 6.5% to $47.3 million or $0.82 per diluted Class A share compared to net income of $44.4 million or $0.77 per diluted Class A share.

The installation has passed Site Acceptance Testing (SAT) and is now running at verified industrial speed.

The closing of the transaction is expected within 30 to 60 days.

Contract covers mechanical maintenance of the stock preparation line.

The start-up is scheduled for 2026.

The delivery will support the rebuild of a paper machine and is part of the customer's broader effort to enhance sheet quality and increase paper strength properties for their corrugated board production.

Valmet changes its financial reporting structure to reflect its new strategy, which was published today, and the new operating model announced on March 31, 2025. The new operating model and reporting structure will take effect on July 1, 2025.