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The PM40 closed Friday, 11 April 2025, at 5055.

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 11 April 2025 down 8.2% from the 12 April 2024 level.

In this issue of Disconnected Comparisons, we evaluate 3M and Louisiana Pacific.

The Trump Administration's executive orders cut across dozens of industries. This searchable tool breaks down the orders and their impact.

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 Tad Bretting, who was president and CEO of C.G. Bretting Manufacturing Company in Ashland, Wisconsin, who was inducted into the Hall of Fame in 1999.

AFT has received an order for a comprehensive stock preparation and approach flow system rebuild from a major customer in Asia-Pacific. The project involves converting production to thermal paper grades.

Bruks Siwertell has received an order for a second Bruks truck tipper platform for Domtar's Windsor paper mill in Quebec, Canada.

The company sources the technology from Valmet Oyj.

The contracts include the replacement of an economizer in the recovery boiler and the implementation of the SYNERGY Services concept for the white liquor plant and pulp drying processes.

Solenis acquired Diversey Holdings, Ltd. in 2023 and now operates as one integrated company with aligned sustainability policies.

Designed for chemical brown pulp producers, the optimizer is a unique combination of automated controls for cooking and refining that helps mills achieve high pulping output while cutting costs and stabilizing quality.

The agreement is for three years, with the option of being extended by a further two years.

Valmet is planning to cut about 1,150 staff globally including 395 in Finland, the company said in a press release on Monday.

Valmet is to supply two OptiWin Drum two-drum base winders to Wuzhou Special Paper's paper machine PM 21 in China.

Unifor is calling for a large-scale Team Canada approach to support the forestry sector across Canada after the U.S. Department of Commerce's recent announcement that will more than double the combined duties on Canadian softwood lumber.

Worker was struck by pole, fatally injured in 2023.

Ruling Maintains Aymium's Patent and Leading Position in Renewable Batteries and Anodes

The money is going to workers who lost jobs when Pactiv Evergreen's Canton paper mill closed and workers were laid off at the company's Waynesville facility.

Rayonier Advanced Materials (RYAM) has launched a new legal challenge to Fernandina Beach's denial for its plan to build a bioethanol production plant, this time in U.S. District Court in Jacksonville.

UFP Industries, Inc. announced its Deckorators® brand continues to expand market presence with the acquisition of a 30-acre site in Lackawanna, a suburb of Buffalo, New York.

PM11 has the capacity to produce up to 470,000 tonnes of corrugated base paper annually, operating at a width of 8.9 metres and a speed of 1,600 metres per minute.

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

Plans for a paper manufacturing plant in Trumbull County are moving along, and an announcement could come as soon as May, according to Howland Township Trustee James LaPolla.

Pixelle Specialty Solutions has owned the mill since 2020. Previously, it was the Verso Paper Mill.

The acquisition of The Packaging Company (Midlands), which provides a range of packaging solutions, will allow Antalis to expand its packaging capabilities and diversify its product offerings.

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.

The land was purchased from Rayonier, Inc, a timberland real estate investment trust which had owned the land for more than 80 years and used it for timber production.

The acquisition will add 480,000 metric tonnes per year of capacity to ITC's paperboards and specialty papers business, the company said.

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.

Mondi said the Schumacher Packaging transaction expands its footprint, noting that it complements its existing network of corrugated solutions plants across Central and Eastern Europe.

BMI Group previously redeveloped the St. Mary's paper mill in Sault Ste. Marie.

Combined company offers greater choice, innovation and sustainability through strengthened product offering, manufacturing expertise, and R&D capabilities.

Sofidel America Corp. will Serve as "Stalking Horse Bidder" in Court-Supervised Sale Process

Proceeds Being Used to Reduce Approximately $1.5 Billion in Debt

Metsä Board Corporation's long-term CEO Mika Joukio has decided to step down from his CEO position as of 7 April 2025 in accordance with the agreement he has made with the Board of Directors of the company. The Board of Directors of Metsä Board Corporation has appointed Metsä Group's EVP, Strategy, Esa Kaikkonen (LLM, trained on the bench), as the new CEO of the company as of 7 April 2025.

Clearwater Paper Corporation has renewed the employment agreement with Arsen S. Kitch, who will continue in his role as President and Chief Executive Officer, according to a recent SEC filing.

After what is said to have been a messy and sometimes slow process, the choice will be between two internal candidates.

Oliver Taudien, senior vice president and general manager, Europe, is leaving the company after a transition period. He has been with Sylvamo since its inception as a spinoff of International Paper in 2021.

Ahlstrom will create a dedicated Performance Materials cluster to sharpen its strategic focus and optimize growth opportunities.

Efforts are under way to revitalize the former International Paper mill site in Georgetown County, which closed at the end of last year, leaving more than 600 employees jobless and impacting hundreds of families and businesses.

It comes after FSC extended the suspension from until March in January.

Microsoft announced on Friday that it is buying 3.7 million metric tons of carbon removal credits from CO280, a project developer that works with pulp and paper mills.

The Norwegian Environment Agency has issued a decision to exclude Norske Skog Skogn and Norske Skog Saugbrugs from the EU Emissions Trading System (EU ETS) for the period 2026 to 2030.

This move is set to impact around 130 employees and is a strategic step in the company's broader plan to consolidate its recycled paperboard production.

There was a massive fire department presence at the facility.

Pregis told its 40 or so employees this past week about the facility's closure.

Seventy-two people working at Smurfit Westrock's North Portland cardboard box plant will lose their jobs when the company begins shutting down the facility in June.

A West Fraser sawmill in Williams Lake will be reducing operations to a four-day work week due to log supply issues.

Officials say no injuries were reported.