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Strathcona Paper's parent company, PaperWorks Industries Inc., is headquartered in Fort Washington, Pennsylvania, U.S.A. The company responded that the incident at the mill was a minor fire that was quickly contained, and no one was injured. The mill has resumed normal operations.

The European Commission has approved the acquisition of joint control of Novolex Holdings and Pactiv Evergreen by Apollo Capital Management, all three based in the United States, and Canada Pension Plan Investment Board ('CPP Investments'), based in Canada.

The incident forced a one-day suspension of operations in the chemical plant.

UFP Packaging, a subsidiary of UFP Industries, expanded its U.S. manufacturing footprint by opening a new 165,000-square-foot corrugated facility in Jeffersonville, Ind., that will continue to undergo advancement and expansion throughout 2025. The latest expansion features advanced graphics and production capabilities for retail and e-commerce markets.

On Saturday, March 1, fire crews responded to stubborn fire at West Fraser's Riegelwood, North Carolina, sawmill.

Metsä Group's parent company Metsäliitto Cooperative will sell its wood supply business in Latvia carried out by Metsä Forest Latvia SIA to Latvian company ACA Timber. The parties have also agreed long-term deliveries of pulpwood and chips to Metsä Group.

Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions for food, beverage and industrial applications, announced a $50 million investment in its Cedar Rapids, Iowa facility to modernize and expand the production of industrial starches for the packaging and papermaking industries.

Tolko Industries, based in Vernon, B.C., has cut its consultant workforce, resulting in several people losing their jobs.

What will changing tariffs do to your business in the long term?

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 Alf de Ruvo, who was inducted into the Hall of Fame in 2015.

The PM40 closed Friday, 14 March 2025, at 5537.

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 14 March 2025 up 0.4% from the 15 March 2024 level.

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

British Columbia Premier David Eby has ordered the removal of all U.S. alcohol products from BCLIQUOR stores in response to recent statements by U.S. President Donald Trump about his intention to impose tariffs targeting Canada's dairy and lumber industries.

KP Tissue Inc., part owner of Canada's largest toilet and tissue paper producer, says it won't provide guidance for its next quarter and has delayed a decision on a major capital investment because of U.S. tariffs.

The U.S. Department of Commerce has proposed increasing the anti-dumping duty on Canadian softwood lumber from 7.66% to 20.07%, nearly tripling the rate set three years ago.

Weyerhaeuser's stock is gaining as investors anticipate that the company will benefit from new 25% tariffs on Canadian lumber imports. The Seattle-based firm, which owns 10.4 million acres of timberland in the U.S. and logging rights on another 14 million acres in Canada, is expected to sell lumber and wood panels at higher prices without the added cost of tariffs on cross-border shipments.

Sonoco Products Company, a sustainable packaging solutions provider, will implement a price increase of $70 per tonne for all grades of uncoated recycled paperboard (URB) in the US and Canada.

Due to rising input costs, particularly but not only for pulp, Sappi Europe intends to increase prices for coated and uncoated fine papers by 8% effective from 7 April 2025.

The start-up of the winder is scheduled for 2026.

Celebrating Leadership in Sustainability and Partnering Together to Improve the World.

Alexander Isola, member of the Andritz AG Supervisory Board since 2016, has announced his intention to step down after the upcoming Annual General Meeting on March 27, 2025.

The "world's first" tissue machine operating entirely on geothermal steam instead of gas is being unveiled at Essity's Kawerau paper mill.

Rayonier is selling entities that hold its entire 77% New Zealand joint venture interest for a purchase price of $710 million, subject to net debt, working capital, and other adjustments.

The 168MW project, owned by Port Hawkesbury Paper Wind (PHP Wind), will be the largest wind farm in Nova Scotia and Maritime Canada upon completion.