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Georgia-Pacific Spent $2 Billion to Improve 7 U.S. Facilities This Year (relevance: 11.1%, date: Jan 2, 2024)
In 2023, Georgia-Pacific, a major manufacturer of toilet paper and other paper-based products, reinvested some $2 billion into its operations. According to the company, the capital improvement projects include finishing new facilities and enhancing existing operations.

RearView (relevance: 11.1%, date: Dec 19, 2023)
The PM40 closed 15 December 2023 up 2.2% from the 16 December 2022 level.

Sonoco Acquires Inapel Embalagens Ltda. (relevance: 11.1%, date: Dec 19, 2023)
Global packaging leader Sonoco is pleased to announce the expansion of its flexible packaging service operations with the acquisition of Inapel Embalagens Ltda. in Brazil.

Clearwater Paper Announces Achievements in Its 2023 Sustainability Report (relevance: 11.1%, date: Dec 19, 2023)
Clearwater Paper Corporation has released its 2023 Sustainability Report, an annual update on the company's progress against its multi-year sustainability goals. The report also announces Clearwater Paper's new strategic sustainability framework, Everyday Responsibility. This forward-looking strategy centers the company's sustainability work and initiatives on three distinct pillars: Resource Stewardship, Trusted Products, and Thriving People and Communities.

Ontario invests $1.5 million in 15 forest biomass projects (relevance: 11.1%, date: Dec 19, 2023)
The Government of Ontario, Canada, is creating new opportunities in the forest sector and strengthening regional economies with an initial $1.5 million in funding for projects under the new Forest Biomass Program. These investments will develop the untapped economic potential and environmental benefit of new and emerging uses of underutilized wood and mill by-products, collectively known as forest biomass.

Huhtamaki MSCI sustainability rating score maintained at 'A', driven by decreased risk exposures and improvements in supplier collaboration (relevance: 11.1%, date: Dec 19, 2023)
As of November 28, 2023, Huhtamaki is rated 'A' (on a scale of AAA-CCC) on the MSCI ESG Ratings assessment. Maintaining our rating is fundamentally important for us and reflects our top-of-industry governance practices as well as our continuous work to produce more sustainable packaging.

UPM Specialty Papers now offers packaging papers certified for home composting (relevance: 11.1%, date: Dec 19, 2023)
UPM Specialty Papers now offers a wide range of packaging papers that are designed for home composting. Six UPM packaging papers are now certified as home compostable, according to the NFT51-800:2015 standard.

Saica Group acquires Ecovidal in Madrid, Spain (relevance: 11.1%, date: Dec 19, 2023)
Saica Group has reached an agreement to acquire the total shares of the waste management and collection company, Ecovidal-Miguel Vidal e Hijos. Through this acquisition, Saica Natur strengthens its presence in the Henares corridor, an important business, industrial and residential area in the north-east of Madrid region.

Georgia-Pacific to invest $150 million in tissue mill in Halsey, Oregon (relevance: 11.1%, date: Dec 19, 2023)
Investments to the Halsey mill will increase production capacity for high quality bath tissue, with initial production expected in 2025. By the end of this project, Georgia-Pacific will have invested over $200 million in paper machine and converting assets at Halsey since 2022.

Weyerhaeuser Announces $96.2 Million Modernization Project (relevance: 11.1%, date: Dec 19, 2023)
Weyerhaeuser, one of the world's largest private owners of timberland including 1.39 million acres in Louisiana, announced it is investing $96.2 million to modernize and decarbonize its Winn Parish lumber mill. The upgraded technology is designed to increase overall safety, productivity and product reliability.

$1 million in equipment losses: Pacific Bell files lawsuit over 2022 Mill Fire in California (relevance: 11.1%, date: Dec 19, 2023)
Pacific Bell Telephone Co. is suing an Oregon-based timber company, claiming negligence by Roseburg Forest Products Co. sparked the 2022 Mill Fire in Siskiyou County and cost the AT&T subsidiary more than $1 million in equipment losses as the blaze ripped through the community of Weed.

Elopak selects Little Rock, Arkansas for its new production plant in the USA (relevance: 11.1%, date: Dec 19, 2023)
Elopak has announced plans to build its first U.S. production plant with the latest state-of-the-art technology for better and more efficient production. The plant will produce Pure-Pak® cartons for liquid dairy, juices, plant-based products and liquid eggs. The new production facility will be located in Little Rock, Arkansas and is expected to start production in H1, 2025.

Strategic review of the Consumer Tissue Private Label Europe business concluded (relevance: 11.1%, date: Dec 19, 2023)
Essity continuously evaluates its various businesses to increase long-term value creation. In the strategic review of Consumer Tissue Private Label Europe it was concluded that the business as a result of the implemented divisionalization, is a competitive and value-creating part of Essity.

York Container Announces Expansion To Chicago Market (relevance: 11.1%, date: Dec 19, 2023)
Elgin, IL facility brings new capacity for sheets, brown shippers, and graphic packaging under one roof to support the company's growth throughout the Midwest.

Indonesian Billionaire Sukanto Tanoto Offers $3.3 Billion For Tissue Maker Vinda (relevance: 11.1%, date: Dec 19, 2023)
On Friday, his business group Royal Golden Eagle (RGE), unveiled an offer to take over Vinda International Holdings by buying shares in the Hong Kong-listed tissue maker at a premium price. Major shareholders of the company, Swedish personal care product maker Essity AB and Vinda's founder Li Chao Wang, who represent about 72.63% combined ownership in the company, have agreed to the offer.

Alain Lemaire to Pass the Torch to Patrick Lemaire as Chairman of Cascades' Board of Directors (relevance: 11.1%, date: Dec 19, 2023)
Cascades Inc., a leader in the recovery and manufacturing of eco-friendly packaging and hygiene products, announced that Alain Lemaire will step down from his role as Chairman of the Board of Directors at the Company's annual general meeting, to be held in May 2024, and that Patrick Lemaire will succeed him. Alain Lemaire will continue to sit on the Board as a director.

Konecranes Oyj to deliver 3 cranes to Sofidel America for paper mill expansion (relevance: 11.1%, date: Dec 19, 2023)
The order was won in late September 2023 with deliveries scheduled in Q3 2024.

RearView (relevance: 11.1%, date: Dec 5, 2023)
The PM40 closed 1 December 2023 down 1.3% from the 2 December 2022 level.

BlueLinx expands LP distribution partnership (relevance: 11.1%, date: Dec 5, 2023)
BlueLinx Holdings Inc. and Louisiana-Pacific Corporation (LP Building Solutions) announce again an expansion of their distribution partnership. The expanded collaboration will include LP's SmartSide Trim & Siding and LP SmartSide ExpertFinish Trim & Siding, in BlueLinx's Seattle and Spokane, Washington branches.

Monadnock Paper Mills' 2022 CSR Report Details Commitment to Sustainability and Resilience (relevance: 11.1%, date: Dec 5, 2023)
Monadnock Paper Mills, Inc., the oldest continuously operating paper mill in the United States, announces the launch of its 2022 Corporate Social Responsibility (CSR) Report, which details its commitment to sustainability and visions for the future. Monadnock Paper Mills continues to champion sustainability in the world of fiber-based solutions, setting its sights on a brighter, more eco-friendly future.

Metsä Board Husum folding boxboard capacity expansion starts up (relevance: 11.1%, date: Dec 5, 2023)
The project to expand folding boxboard production capacity has been completed at the Husum integrated pulp and paperboard mill in Sweden.

Felix Schoeller North America unveils new coating operation in Pulaski, New York (relevance: 11.1%, date: Dec 5, 2023)
Felix Schoeller North America is using a new silicone-coating operation at its Pulaski facility, having publicly introduced it for the first time on Nov. 15.

Massive 3M, DuPont PFAS Class Dismantled by Sixth Circuit (relevance: 11.1%, date: Dec 5, 2023)
Opinion follows skeptical previous ruling from last year.

Mativ Announces Completion of Sale of Engineered Papers Business (relevance: 11.1%, date: Dec 5, 2023)
The net impact of the transaction on Mativ's debt is expected to be a reduction of more than $600 million, which equates to approximately 35% of Mativ's outstanding debt balance as of the end of the third quarter, and is subject to customary post-closing adjustments.

CD&R Completes Acquisition of Veritiv Corporation (relevance: 11.1%, date: Dec 5, 2023)
Veritiv Becomes Privately Held Company