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Pack4 operates facilities in Lawrence, Massachusetts and Puerto Rico. The company specializes in custom protective packaging products, including foam, corrugated, tapes, bags, and stretch wrap, and serves a diverse range of industries with a focus on quality and service.

Crews successfully extinguished the flames, and no injuries were reported.

USG Corporation, North America's leading building materials manufacturer, today announced that President and Chief Executive Officer (CEO) Christopher Griffin will retire later this year after more than 30 years of service to USG. Concurrent with this news, USG's Board of Directors and owner Knauf Group, have appointed Christopher Macey--currently USG's Chief Operating Officer (COO)--as President and CEO, effective April 1, 2026.

The workers at Union Gap will be offered severance packages, and some may be offered positions at other facilities. Layoffs are also planned for CA and Kentucky this year.

Edgewell Personal Care Company announced that it has completed the sale of its feminine care business to Essity, a leading global health and hygiene company based in Sweden, for $340 million. Edgewell intends to use the net proceeds from the sale, after taxes and transaction costs, primarily to strengthen its balance sheet and pay down the balance of U.S. revolving credit facility while continuing to invest in the long-term growth of its core businesses.

The project is a candidate for up to $10 million in funding from the Minnesota Department of Employment and Economic Development's Minnesota Forward Fund, which provides grants and loans to businesses making "large private capital investments in new and existing industries."

The company intends to announce a new name and ticker symbol later in the first quarter of 2026.

Kimberly-Clark, which makes Scott toilet paper and Huggies diapers, said in June that it struck a $3.4 billion deal to sell most of its international tissue business to Brazil's Suzano, creating a joint venture in which it would hold a 49% interest. The companies said at the time Suzano would also have the option to purchase Kimberly-Clark's remaining ownership interest in the future.

Nix serves as Chief Financial Officer of First Citizens BancShares, Inc. (Nasdaq: FCNCA), a top 20 financial institution and the largest family-controlled bank in the United States, based in Raleigh, N.C.

Angella Broesch was promoted to Senior Vice President of Human Resources. Chris Forrey was promoted to Senior Vice President of Finance & Investor Relations. Both promotions are effective February 9, 2026.

Metsä Board has completed the acquisition of the Winschoten Sheeting and Distribution Hub in the Netherlands from Konvertia Group. The acquisition, signing of which was announced on 23 January 2026, strengthens Metsä Board's sheeting capacity and service capabilities in the European market.

Until a new Head of Business Area is appointed, President and CEO Ulf Larsson will serve as interim Head of Business Areas Containerboard and Pulp. Kalela will leave his role on 30 January 2026 and will, together with the company, ensure a robust transition process.

Will your employer be expanding this year?

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 Chester Floyd Carlson, who was inducted into the Hall of Fame in 2011.

The PM40 closed Friday, 13 February 2026, at 5805.

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 13 February 2026 down 2.2% from the 14 February 2025 level.

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

Multi-Color Corporation (MCC), a global label solutions provider, filed for Chapter 11 bankruptcy. The company has entered a restructuring support agreement with its major secured lenders to sail through the proceedings.

For the full year 2025, Sylvamo generated net income of $132 million and adjusted EBITDA of $448 million, representing a 13% margin.

Interfor recorded a full-year net loss of $344 million on sales of $2,806 million, as weak lumber market conditions and higher duties and tariffs increased costs and led the company to adjust operating levels to match demand.

Södra, a Swedish forest-owner cooperative with industrial operations in pulp, wood products and building systems, reports weaker 2025 results as demand softened, currency moves were unfavorable and raw material prices rose, and the company has carried out a broad action program during the year to reduce costs and protect competitiveness.

Fourth quarter sales were $1.165 billion, compared to $1.307 billion in the third quarter of 2025. Fourth quarter earnings were $(751) million, or $(9.63) per diluted share, compared to earnings of $(204) million, or $(2.63) per diluted share in the third quarter of 2025. Fourth quarter Adjusted EBITDA was $(79) million compared to $(144) million in the third quarter of 2025.

Rayonier reported 2025 adjusted EBITDA of $248.0 million, up 7.7% from 2024, and says results reflect weaker timber markets through the year alongside stronger Real Estate contributions.

SCA will increase the price on NBSK pulp (Northern Bleached Softwood Kraft) in Europe. The new price will be 1,710 USD (+100 USD), effective for March deliveries and invoicing.

The company is pushing cost cuts, shifting its pulp mix and expanding mass timber amid expected price gains.