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Mercer Mass Timber invests in its Okanagan Falls facilities (relevance: 11.1%, date: Aug 6, 2024)
New support for a mass-timber production facility is protecting sustainable forestry jobs in Okanagan Falls, British Columbia (B.C.), Canada, and continuing to strengthen B.C.'s position as a leader in mass-timber innovation.

Suzano starts operation of the world's largest pulp production line (relevance: 11.1%, date: Aug 6, 2024)
Cerrado Project required investment of around US$4.3 billion and will contribute to increase Suzano's production by more than 20%.

Weyerhaeuser closing Craven County, N.C. mill, 73 losing jobs (relevance: 11.1%, date: Aug 6, 2024)
Weyerhaeuser will close a lumber mill in Vanceboro in September, resulting in the loss of 73 jobs, according to paperwork filed with the state.

Clearwater Paper Enters into Definitive Agreement to Sell Tissue Business to Sofidel America Corporation for $1.06 Billion (relevance: 11.1%, date: Aug 6, 2024)
Clearwater Paper Corporation, a premier supplier of quality consumer tissue and bleached paperboard, today announced that it has entered into a definitive agreement to sell its tissue business to Sofidel America Corporation, a subsidiary of Sofidel S.p.A., a leading manufacturer of paper for hygienic and domestic use, for $1.06 billion, subject to adjustments for debt, cash, transaction expenses and net working capital.

Weaker tissue and TP demand hits Kimberly-Clark earnings (relevance: 11.1%, date: Aug 6, 2024)
Kimberly-Clark says supplies are constrained and private-label brands are offering more promotions.

Weyerhaeuser Acquiring High-Quality Timberlands in Alabama (relevance: 11.1%, date: Aug 6, 2024)
Bolt-on additions will further enhance Southern Timberlands portfolio and expand footprint in attractive markets.

International Paper's second quarter net sales increased to $4.73 billion; near-term performance to be challenging (relevance: 11.1%, date: Aug 6, 2024)
International Paper reported Q2 2024 financial results. Net sales for the Q2 increased to $4.73 billion, compared to $4.68 billion in the Q2 2023.

Sofidel Makes a Significant Step To Accelerate Its Growth in North America (relevance: 11.1%, date: Aug 6, 2024)
The transaction includes an annual production capacity of 340,000 metric tons distributed across four production sites in Shelby, North Carolina, Lewiston, Idaho, Las Vegas, Nevada, and Elwood, Illinois. The completion of the acquisition is expected within 2024, subject to receipt of customary regulatory approvals and satisfaction of other customary closing conditions.

Funds Managed by BTG Pactual Timberland Investment Group Sell Nearly 70,000 Hectares to Suzano in Mato Grosso do Sul, Brazil (relevance: 11.1%, date: Aug 6, 2024)
One of the largest timberland transactions to date in Brazil, and the largest ever in the state of Mato Grosso do Sul.

Sonoco's second quarter net sales decreased by 5 percent to $1.6 billion (relevance: 11.1%, date: Aug 6, 2024)
Sonoco Products Company reported financial results for its Q2 ended June 30, 2024. Net sales decreased 5% to $1.6 billion primarily driven by the Protective Solutions ("Protexic") divestiture, the closure of a thermoformed food packaging plant, the treatment of recycling operations as a procurement function beginning January 1, 2024 and lower selling prices; overall volumes were positive and up low single digits including the impact of acquisitions.

Canfor closes Arkansas acquisition, welcomes new Iron Mountain employees (relevance: 11.1%, date: Aug 6, 2024)
Canfor Corporation is pleased to announce the completion of the acquisition from Arkansas Resolute El Dorado Inc., of its lumber manufacturing facility in Union County, Arkansas. The transaction, previously announced on May 1, 2024, is a strategic complement to the Company's existing regional operations, including its adjacent El Dorado Laminating Plant and its nearby Urbana sawmill.

Kemira expands sodium chlorate capacity in Ortigueira, Brazil (relevance: 11.1%, date: Aug 6, 2024)
>Kemira announced an investment to expand the capacity of its sodium chlorate manufacturing facility in Ortigueira, Brazil.

Mondi plc Announces Board and Committee Changes (relevance: 11.1%, date: Aug 6, 2024)
Mondi Group is pleased to announce the appointment of Sucheta Govil as an independent non-executive director of Mondi plc with effect from 1 October 2024.

Kimberly-Clark Names Craig Slavtcheff Chief Research and Development Officer (relevance: 11.1%, date: Aug 6, 2024)
Robert Long to retire after 45 distinguished years in CPG.

AF&PA President and CEO Heidi Brock elected ICFPA President (relevance: 11.1%, date: Aug 6, 2024)
The International Council of Forest and Paper Associations (ICFPA) announced Ms. Heidi Brock, President and CEO of the American Forest & Paper Association (AF&PA), as its new President.

Luc Theriault Appointed President of Wood Products Business Unit at Paper Excellence Group (relevance: 11.1%, date: Aug 6, 2024)
The Paper Excellence Group announced that it has appointed Luc Theriault to president of its Wood Products business unit. The appointment is effective August 26, 2024.

SCA to hike kraftliner prices by €60 per tonne (relevance: 11.1%, date: Jul 16, 2024)
The new price is valid from August 1, 2024.

Stora Enso signs EUR 435 million funding agreement with European Investment Bank (relevance: 11.1%, date: Jul 16, 2024)
Stora Enso's EUR 1 billion investment in its Oulu mill in Finland is being financed, in part, by a new long-term bilateral loan.

Novolex Releases Sixth Annual Sustainability Report (relevance: 11.1%, date: Jul 16, 2024)
Report highlights a firm commitment to sustainability goals, including greenhouse gas reduction, certifications, enhanced data capturing, and new innovative products.

Susana Alejandro takes on the Presidency of Saica Group (relevance: 11.1%, date: Jul 16, 2024)
She is the first woman in the history of Saica as the head of the company.

Lenzing's CEO stepping down 'by mutual agreement' (relevance: 11.1%, date: Jul 16, 2024)
In a statement, Lenzing said its CEO Stephan Sielaff would not be renewing his contract with the company's management board, "by mutual agreement" with its supervisory board.

Irving showcases its pulp mill expansion plans to the public (relevance: 11.1%, date: Jul 16, 2024)
Irving Pulp and Paper, a subsidiary of J.D. Irving, Ltd., offered one of its first chances for the public to learn about the proposed $1.1B expansion Thursday at the Lancaster legion branch.

Hood Container Corporation Announces Agreement to Purchase Louisville, KY based Independent II, LLC (relevance: 11.1%, date: Jul 16, 2024)
Agreement emphasizes Hood Container Corporation's continued focus on corrugated packaging operations and includes all Independent II's corrugated, design, and manufacturing operations in Louisville, Kentucky.

Smurfit WestRock CFO: Consumer demand coming 'along nicely' (relevance: 11.1%, date: Jul 16, 2024)
The chief financial officer of newly formed paper packaging giant Smurfit WestRock said consumer demand is coming "along nicely" and at similar levels in the second quarter to the growth seen in the first three months of the year.

State board rescinds tax breaks for canceled upgrade of Billerud U.P. paper mill (relevance: 11.1%, date: Jul 16, 2024)
The Michigan Strategic Fund board on Tuesday voted to rescind $29.4 million in tax incentives for a $1.06 billion transformation of an Upper Peninsula paper mill after the facility's Swedish owner canceled the project earlier this year.