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Sutton, former President and Chief Executive Officer of Olin Corporation, brings more than three decades of global leadership experience in the chemicals and materials sectors, including a proven track record of operational excellence, disciplined capital allocation, and transformative value creation. During his tenure at Olin, he led the company through significant business platform upgrades, strengthened its financial position, and advanced key strategic initiatives that improved the company's competitive positioning and enhanced shareholder value.

Graphic Packaging Holding Company disclosed that its Compensation and Management Committee approved a retention package for Joseph P. Yost, Executive Vice President and President, Americas. The package includes a $2 million cash retention bonus and a grant of service-based restricted stock units (RSUs) valued at $2 million.

No injuries were reported, and the cause of the fire is still under investigation.

Western Forest Products' value-added division in Chemainus will receive $7.5 million to add two new continuous dry kilns to its manufacturing operation.

GreenFirst Forest Products will extend its holiday production curtailment to three weeks at three of its four sawmills due to challenging softwood lumber market conditions. The Hearst, Kapuskasing, and Cochrane mills in Canada will be shut down from 22 December 2025 to 9 January 2026 to align output with weak demand.

The acquired business operates 7 plants in central, northern and western Spain, has more than 150 employees and generates turnover of €33 million.

$6 million expansion project will create 36 new jobs, strengthen Wisconsin's paper industry.

Smurfit Westrock, a producer of sustainable paper and packaging, laid the first stone of its new production plant in Cajeme, Sonora, in which it will invest US$65 million.

Quad announced that it has made the difficult decision to permanently close its printing facility in The Rock, Georgia, in March 2026.

Eminence is also calling for GPI's board chair, Philip Martens, to resign amid alleged mismanagement of the CEO transition as well as other accusations, such as "eyebrow-raising stock sales" shortly before Doss' ouster.

Sims previously served as chief operating officer, leading commercial and operational functions, before succeeding Jean-Michel Ribiéras, who will retire as chairman and CEO Dec. 31.

Suzano, the world's largest pulp producer, has commenced operations this week at its new fluff pulp production line located in its Limeira unit in Brazil's São Paulo state. This R$490 million investment increases Suzano's total fluff pulp production capacity by more than 400%, from 100,000 to 440,000 tonnes per year.

Transaction is Expected to Close in Mid-2026

The closing impacts 189 employees.

The planned shutdown of Crofton's pulp and paper mill was scheduled to take place Dec. 15, but Domtar's senior director of public affairs said the change will benefit employees and suppliers.

Boise Cascade Company announced that it has completed the previously announced acquisition of Humphrey Company, Inc., a two-step distributor of building materials located in Chicopee, Massachusetts.

Lennart Eberleh, CEO of pulp producer Rottneros, has resigned to take up another position outside the company. He will leave his position during the first half of 2026, according to a press release.

All 144 employees who were temporarily laid off in early November are expected to return by Wednesday, representing about one-third of the mill's workforce.

The Board of Directors of Stora Enso Oyj has resolved to establish two new share-based incentive plans for the key employees of the Group and its subsidiaries. Stora Enso's goal is to offer remuneration that motivates, encourages, attracts, and retains top-tier employees. The Group carefully align remuneration elements with its strategy and long-term financial interests.

In her new role, Casteel will oversee all HR functions, including workforce strategy, compliance with labor laws and company policies, and talent management across recruitment, retention and succession planning.

Maria Mroué has been appointed as the Vice President of Communications and Brand for Metsä Group, effective 1 March 2026. She will report to Executive Vice President for Stakeholder Engagement Tomi Salo, joining from the single-family house construction company DEN where she served as Marketing, Communications and ESG Director.

Mativ Holdings, Inc. has announced the appointment of Scott Minder as Chief Financial Officer, effective January 1, 2026. Mr. Minder will succeed Greg Weitzel, who will remain with the Company through December 31, 2025.

I will say this about the forest products industries in 2026. I believe there are plenty of opportunities to handsomely profit in the stock market with forest products stocks in 2026. What do you need to do to do this?

The PM40 closed Friday, 2 January 2026, at 5365.

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The PM40 closed 2 January 2026 down 8.2% from the 3 January 2025 level.