Recent Articles

Using the IFS solution, GBP will improve asset reliability by obtaining clearer visibility into asset availability, usage, and lifecycle.

Hood Container, a leader in the Containerboard and Packaging Industry, is pleased to announce the appointment of Alan Clark as the new President and Chief Operating Officer, effective January 1, 2025. Alan Clark succeeds Charlie Hodges, who will retire after a nearly 50-year career in the pulp and paper business.

Mondi has made good progress on the previously announced €20 million investment programme at its Neusiedler uncoated fine paper mills (Austria). The full benefit of the upgrades is expected from the first quarter of 2025, including reduced greenhouse gas emissions and increased energy efficiency and operational safety.

Investigators are looking into what started the fire.

Veritiv Operating Company, a leader in specialty packaging distribution, announced that it has acquired Arjay Company, including substantially all assets of PPE Sales, LLC, a distributor of packaging solutions and equipment serving customers in Long Island and the Greater Metropolitan New York area. The transaction represents the fifth acquisition of 2024 for Veritiv under the leadership of Sal Abbate, Veritiv's Chief Executive Officer.

Mayr-Melnhof Karton AG (MM) has agreed with Evergreen Hill Enterprise, Pte. Ltd., part of an Indonesian-based privately held group of diversified companies, on the sale of 100 % of the shares in TANN Group, headquartered in Traun, Austria, for a cash and debt-free enterprise value of EUR 360 million.

The Södra Foundation for Research, Development and Education has granted a total of SEK 12.5 million this year to 11 different research projects that, in a significant way, will promote the development of both forestry and forest industry operations.

As I start my 52nd year in the pulp and paper industry, I will have to say it is overall in the best condition that it has been in my lifetime. If your viewpoint is narrow and you focus only on fine papers and newsprint, you will likely disagree with me.

The PM40 closed Friday, 3 January 2025, at 5862.

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 3 January 2025 up 8.7% from the 5 January 2024 level.

In this issue of Disconnected Comparisons, we evaluate Rayonier and Boise Cascade.

The Notes were offered in a private placement and there was no public offering of the Notes.

Felix Schoeller increases price for its digital media products as of 1st January 2025.

Rottneros has entered into a new loan agreement with Danske Bank and Svensk Exportkredit whereby the existing long-term facilities will be refinanced. The new facilities amount to a total of 550 MSEK divided into term loan facilities of 400 MSEK in total and a revolving credit facility of up to 150 MSEK.

Metsäliitto Cooperative has signed a new EUR 200 million sustainability-linked revolving credit facility with a syndicate of eight banks. This new credit facility refinances the existing EUR 200 million facility signed in December 2018 and will be used for general corporate purposes. The facility has a tenor of five years and includes two one-year extension options.

If the Order Sought is granted by the AMF, Smurfit Westrock will cease to be a reporting issuer in the Canadian Jurisdictions and, as a result, will no longer be subject to continuous disclosure requirements under Canadian securities legislation.

Essity has received information that a minority of investors, in some of its Luxembourg-listed bond series, have initiated proceedings in English court.

Valmet has received the International Sustainability and Carbon Certification (ISCC) PLUS for its paper machine clothing production unit in Tampere, Finland. With the certification, Valmet can introduce new bio-based raw materials in its fabrics used in pulp, board, paper, and tissue production./span>

The delivery will take place during the mill's annual shutdown in the third quarter of 2025.

Chilean forestry group Celulosa Arauco y Constitución S.A. (Arauco) will invest $4.6 billion in building a bleached eucalyptus market pulp mill in Brazil.

Anu Salonsaari-Posti, SVP Marketing, Communications, Sustainability and Corporate Relations and a member of Valmet's Executive Team since 2013, leaves Valmet and continues her career outside the company.

Province approves first phase of $550M development.

Stora Enso violated the collective labour agreement when it dismissed employees in 2021, according to Finland's Labour Court.

Metsä Fibre is developing a new lignin product at its Äänekoski demo plant. The new lignin product, produced from lignin separated from the pulp process, can replace the fossil-based chemicals used in concrete production. The product is also being considered for other uses.

The International Paper - Riegelwood Mill application has been reviewed by the DAQ, Air Quality Permitting Section in Raleigh, North Carolina to determine compliance with the requirements of the North Carolina Environmental Management Commission air pollution regulations.<