Recent Articles

A unique opportunity to acquire high-capacity paper manufacturing equipment and mill support assets is set to unfold as three leading industrial asset management firms--PPL Group, CRG, and Rabin Worldwide--join forces to conduct a public auction of the former Ponderay Newsprint Mill located in Usk, Washington. The auction will be held online and the two-day sale will be on July 22nd and July 23rd. Pre-Auction offers are encouraged.

Kruger Products Inc. announced that its subsidiary, K.T.G. (USA) Inc. will be investing approximately $35 million in a new converting line for bathroom tissue and paper towels at its site in Memphis, TN. The installation is expected to be completed in Q2/2026 and will create about 20 jobs.

To ensure long-term viability, the proposed restructure includes the potential closure of Paper Machine 1, Paper Machine 4, Offline Coater 2, and Sheet Finishing.

Cascades Inc. announces that its corrugated medium manufacturing facility in Niagara Falls, NY will be permanently closed as part of the optimization of the Company's packaging production platform. Production will end no later than September 3, 2025.

Firefighters were able to get the fire under control in 50 minutes.

Thanks to the swift intervention of the Kreuzau fire department, it was ensured that no fire broke out in the boiler house.

The new state-of-the-art mill includes world-leading process technology and production equipment.

As a result of the negotiations, the total reduction of employees is 93 out of original estimation of 123 and made without compulsory redundancies.

Packaging Corporation of America on July 1 announced that it has entered into a definitive agreement to purchase the containerboard business of Greif, Inc. for $1.8 billion in cash. The transaction is expected to close by the end of PCA's third quarter, subject to certain customary conditions and regulatory approvals.

Rayonier Inc. announced the completion of the previously announced sale of entities holding its 77% interest in the New Zealand joint venture to a special purpose vehicle owned by an investment fund managed by The Rohatyn Group ("TRG"), a global asset manager specializing in emerging markets and real assets, for a purchase price of $710 million.<

Western Forest Products Inc. announced that the sawmill at its Columbia Vista Division, located in Vancouver, Washington, sustained extensive damage in a fire, rendering the mill inoperable.

International Paper, a global leader in sustainable packaging, today announced the completion of the divestiture of five European plants to PALM Group to satisfy regulatory commitments from its acquisition of DS Smith Plc.

International Paper stated the facility will close on Sept. 1, 2025. As a result, 107 employees -- both salaried and hourly -- will lose their jobs.

Domtar and Cranberry Business Park Ltd. come to terms over Catalyst Paper Tis'kwat mill site.

Ahlstrom, a leader in sustainable fiber-based specialty materials, today announces that it has received a binding offer for its Abrasives business unit from Munksjö, a leading international manufacturer of decor paper solutions.

American Forest & Paper Association President and CEO Heidi Brock issued a statement in response to H.R. 1, the One Big Beautiful Bill Act, being signed into law.

Novolex ®, a leading manufacturer in the food and beverage packaging industry, announced that Tamer Abuaita has been appointed Chief Operating Officer (COO), effective immediately. In this new role, Abuaita will oversee all Novolex global operating functions. He will be based in Charlotte, NC and will report to Novolex Chairman and CEO, Stan Bikulege. Abuaita succeeds Doug Owenby, who has served as Interim COO during the company's initial integration with Pactiv Evergreen. Owenby will continue in an advisory capacity.

As previously announced, Metsä Group's new President and CEO Jussi Vanhanen assumes his role today, 1 July 2025. He brings to the role extensive international leadership experience, particularly in the forest industry.

Do we need more containerboard capacity in the United States?

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 Christian Schiel who was inducted into the Hall of Fame in 2024.

The PM40 closed Friday, 11 July 2025, at 5412.

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 July 2025 down 2.9% from the 12 July 2024 level.

In this issue of Disconnected Comparisons, we evaluate Avery Dennison and PCA.

The negative comparable operating result was caused particularly by the weak demand for market pulp in Europe and China. The uncertainty caused by US import duties has had a negative impact on the purchasing behaviour of paperboard customers in particular.

Toscotec announces the acquisition of the brand and intellectual property of the company formerly known as Recard, a long-established company in the sector specializing in the production of Tissue paper machinery. This includes the acquisition of know-how, technical drawings, and any other intangible assets.