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The incident was brought under control in about four hours after crews arrived "largely due to the density and composition of the materials involved," officials said.

Domtar said in a statement that it is exploring a variety of possibilities for the future of the waterfront site, and North Cowichan Mayor Rob Douglas said a number of interested parties have contacted the municipality directly looking to buy the site for a range of potential uses, including manufacturing, energy production, and other industrial purposes.

DS Smith looks set to close one of its South West sites with the loss of all 167 jobs.

Hilty is responsible for setting the IIB business unit's strategy, strengthening commercial execution, and driving financial results. He is based in Charlotte, North Carolina, and will report to Novolex Chairman and CEO, Stan Bikulege.

The transactions further advance UFP Industries' capital allocation strategy, which prioritizes investments in core, higher-margin businesses, disciplined M&A, and the expansion of manufacturing capacity in markets that support national customers across packaging and industrial end uses.

UFP Industries announced the acquisition of the operating assets of John Rock, Inc., a new pallet manufacturer headquartered in Coatesville, Pa., for approximately $48 million. The transaction fills a key gap in PalletOne, Inc.'s geographic reach and strengthens UFP Packaging's ability to serve national customers with a presence in the northeast region.

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, close to 150 papermaking innovators and legends have been enshrined. This month, we profile Theodore Wegner, who was inducted into the Hall of Fame in 2013

The PM40 closed Friday, 15 May 2026, at 4861.

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 15 May 2026 down 7.2% from the 16 May 2025 level.

In this issue of Disconnected Comparisons, we evaluate 3M and Rayonier Advanced Materials.

Kodiak Driver will haul timber from forest sites in Alberta, Canada later this year.

Södra is taking the next step in its innovation journey with the launch of Södra blue S - a new type of paper pulp that combines softwood fibres with oat hulls from Swedish grain processing. The initiative is a concrete example of how Södra explores new solutions while using resources more efficiently to create value and contribute to a more circular future.

Sonoco Products Company reported that Chief Accounting Officer Aditya Gandhi has notified the company of his intention to resign, effective May 29, 2026.

Keen joined Appvion in November 2025 as Strategic Sales Director, bringing more than 25 years of experience in the pressure-sensitive labels and specialty papers industry.

The company said it is actively addressing headwinds through cost-cutting initiatives, including workforce reductions.

Suzano, the world's largest pulp producer, announces its results for the first quarter of 2026 (1Q26), achieving a new all‑time record in pulp sales. Over the 12‑month period from April 2025 to March 2026, the company sold 12.7 million tonnes of pulp, the highest volume ever recorded in its history. During the same period, Suzano also sold 1.7 million tonnes of paper across the packaging, printing and writing, specialty, and tissue segments.

Interfor recorded a net loss of $63 million in the first quarter of 2026, compared with a $105 million net loss in the prior quarter, as benchmark lumber prices rebounded and the company's average selling price rose to $666 per thousand board feet. The company posted adjusted EBITDA of $31 million on sales of $643 million in the quarter.

Packaging Corporation of America announced that it intends to increase the quarterly cash dividend on its common stock to an annual payout of $6.00 per share from $5.00 per share, a 20% increase.

The company posted a net loss of $52.0 million, or $0.78 per share, compared to analyst estimates calling for a loss of $0.56 per share.

Sylvamo generated a net loss of $3 million and adjusted EBITDA of $29 million, representing a 4% margin. Cash used for operating activities was $10 million, and free cash flow was negative $59 million.

Magnera Corporation reported its second-quarter results for 2026, revealing net sales of $796 million and an operating income of $17 million.

Net earnings per common share of $0.38 (compared with $0.37 in Q4 2025 and $0.07 in Q1 2025).

Rayonier Inc reported its first quarter results for 2026, revealing a mixed bag of GAAP losses and significant pro forma improvements driven by its recently completed merger with PotlatchDeltic.

Amcor has reported attributable net income of $278m for the third quarter (Q3) of fiscal year 2026, up 41.8% from $196m in the prior-year period.

GAAP loss was $11.7 million, an improvement of 97.3%, compared to $425.5 million in prior year period (which included a $411.9 million goodwill impairment charge); GAAP EPS was $(0.22).