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Displaying 76 - 100 of 18201 articles

Metsäliitto Cooperative names Jussi Vanhanen CEO

Vanhanen will resign from the Board when he assumes his position as CEO.

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Georgia-Pacific announces $83 million expansion of Palatka, Florida facility

The mill, which produces consumer tissue products, is adding a warehouse and building a new trailer yard.

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Nordic Paper approves environmental investments for Bäckhammar of up to SEK 450 million

Nordic Paper has decided to approve environmental investments of up to SEK 450 million relating to water at the Bäckhammar pulp and paper mill in Sweden. The investments are prerequisites in a new production permit for increasing production volume above the level permitted today.

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Huhtamaki acquires Zellwin Farms Company for $18 million

Huhtamaki has acquired Zellwin Farms, a privately-owned business located in Zellwood, Florida in the United States. The $18 million enterprise value transaction will support Huhtamaki's growth within the molded fiber industry, specifically for egg cartons and egg flats.

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Rengo acquires 28.6% stake in KINKI DANBORU

Rengo Co., Ltd. announces that it has invested in KINKI DANBORU CO., LTD. through third-party allocation and acquired a 28.6% share of the company.

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Stora Enso to implement new organizational structure by July 1

Stora Enso plans to implement a new organisation with seven P&L responsible business areas reflecting the importance of its core business of renewable packaging in the business portfolio. The new flatter and streamlined organisation will increase customer focus, drive operational efficiency with increased integration, reduce complexity and enhance the Group's performance culture.

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Chillicothe's struggle is the story of small town Ohio

"The mill does not make products that are in high demand these days," said Jim Thompson, a Georgia-based paper industry consultant who grew up in Highland County, which is directly west of Chillicothe. "That's the basic problem." Thompson also said the site will be difficult to redevelop.

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Kimberly-Clark's $4 billion international tissue unit set for three-way M&A fight, sources say

Southeast Asia's Royal Golden Eagle (RGE) and Asia Pulp & Paper Co (APP), as well as Brazil's Suzano SA are the final bidders for Kimberly-Clark's international tissue business valued at around $4 billion, four people said.

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Suzano, RGE, CMPC eye International Paper's pulp assets

Operations generated $2.8bn in 2024 in three countries with eight mills and two conversion facilities.

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UPM Plywood starts change negotiations in Finland

The negotiations will affect approximately 100 senior salaried and directors working in UPM Plywood business organization, business functions and global functions in Finland.

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Hood Container facility to close in June, laying off 60 workers

The Simpsonville location specializes in corrugated packaging solutions and warehousing services.

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Seized Weyerhaeuser MDF oil pump causes fire

Columbia Falls firefighters responded to a fire in the hot oil room of the Weyerhaeuser MDF plant early Thursday morning, April 17.

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Pixelle Specialty Solutions Pauses Chillicothe Mill Closure

Senator Moreno announced this morning that the closure initially set for June 13th, 2025 has been delayed until the end of the 2025 calendar year. Congressman Taylor applauded Senator Moreno's advocacy and the resulting delay in the mill's closure.

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International Paper shutters box plant near Hazleton, Pennsylvania

International Paper Company says it's restructuring and shutting down its Hazle Township box plant, among three other locations across the country.

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Norske Skog Completes Sale of Boyer Mill to Boyer Capital

Norske Skog sold its Boyer mill in Australia to Boyer Capital, ensuring local ownership and future development.

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Sylvamo Announces CEO, CFO Transition Plan

Sylvamo, the world's paper company, is announcing Jean-Michel Ribiéras, chairman and chief executive officer, will retire Dec. 31.

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UPM: No solution in the labor dispute between UPM Plywood and the Industrial Union

Second proposal by the conciliator was accepted by UPM Plywood but rejected by the union.

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Ennis Acquires Northeastern Envelope

Founded in 1966, Northeastern Envelope is a leading manufacturer to the trade of a wide of variety of envelopes. In addition to their custom converting and manufacturing, Northeastern inventories hundreds of double window and single window envelopes allowing for same day shipping.

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Sofidel Celebrates Groundbreaking of Duluth, Minnesota Expansion

Sofidel proudly marked the beginning of a new chapter in its Duluth mill with a groundbreaking ceremony for expansion.

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International Paper in talks to divest five facilities in Europe

The sale of these plants was agreed to with the European Commission as a remedy for IP's acquisition of DS Smith Plc, as published on the Commission's website on January 24, 2025. The conclusion of the divestment is subject to the European Commission's approval of the proposed purchaser.

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$7 Billion
$7 Billion

Repeating myself over and over (my wife Laura says this is my most predominant quality), today there are two broad general grades of paper and paperboard being successful. Both fall in the category of being desired for their physical qualities. These are containerboard and tissue. Papers sought for their communications qualities (except for packaging, which has both physical and communications qualities) are for the history books, if anyone was still printing such tomes in quantity.

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PM40

The PM40 closed Friday, 2 May 2025, at 5144.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

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RearView

The PM40 closed 2 May 2025 down 6.8% from the 3 May 2024 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Kimberly-Clark and PotlatchDeltic.

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Kimberly-Clark cuts 2025 profit forecast as tariffs set to drive up costs

Kimberly-Clark slashed its annual profit forecast on Tuesday as the Kleenex tissue maker said it would incur about $300 million in costs this year due to U.S. President Donald Trump's broad trade tariffs.

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Displaying 76 - 100 of 18201 articles

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