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Ingevity to close Crossett, Arkansas facility (relevance: 11.1%, date: Aug 20, 2024)
Ingevity Corporation announced additional steps to advance the company's strategic repositioning of its Performance Chemicals segment for sustained improved profitability. Actions include consolidating segment operations at the company's North Charleston, South Carolina, facility by moving oleo chemical refining to the North Charleston site's secondary refinery. This consolidation will include closing its Crossett, Arkansas facility in August.

Nippon to shut down Shiraoi Mill's fine paper PM 8 in September 2025 and close Yatsushiro Mill's N2 newsprint PM and coal-fired boiler in June 2025 (relevance: 11.1%, date: Aug 20, 2024)
Nippon to launch household paper business in Yatsushiro Mill, primarily targeting exports.

Green Bay Packaging Buys 80 Acres for Expansion Near Kohler Co. in Arizona (relevance: 11.1%, date: Aug 20, 2024)
While the precise intentions for the acquisition remain undisclosed, Green Bay Packaging's history of developing large plants throughout the country -- including a new 600,000-square-foot facility in Fort Worth and a 370,000-square-foot facility in Ohio -- indicates a pattern of strategic expansion, and it recently announced an expansion of its Great Lakes Packaging Division in Wisconsin with 270,000 square feet of manufacturing space.

Suzano Ventures makes strategic investment in BemAgro to accelerate development of precision silviculture applications (relevance: 11.1%, date: Aug 20, 2024)
Brazilian digital agriculture Software as a Service (SaaS) business BemAgro raises US$2.6 million (R$15 million) in latest funding round led by CNH, with Suzano Ventures and ATVOS joining as strategic investors.

Progroup starts production at its new corrugated sheetfeeder plant in Petersberg, Germany (relevance: 11.1%, date: Aug 20, 2024)
The latest Progroup corrugated sheetfeeder plant in Petersberg has been in routine production since the beginning of August. The Landau-based family company is extending its leading market position with its ultra-modern production site close to Pirmasens which will also create a combined total of 60 new jobs and training positions.

Luc Theriault Appointed President of Wood Products Business Unit at Paper Excellence Group (relevance: 11.1%, date: Aug 20, 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.

Valmet has completed the acquisition of Demuth, a provider of wood handling technology and services in South America (relevance: 11.1%, date: Aug 20, 2024)
Vanessa Hellwing has been appointed to the ANDRITZ AG Executive Board as of January 1, 2025. She will succeed Norbert Nettesheim as Chief Financial Officer (CFO) on March 28, 2025.

Procemex to supply web monitoring and inspection system to SCA Obbola, Sweden (relevance: 11.1%, date: Aug 20, 2024)
Procemex, a new Andritz Group member has received an order from the Swedish paper mill SCA Obbola to supply OnePlatform Web Monitoring & Inspection System for their PM2, the world's largest high quality kraftliner machine.

UFP Retail Solutions Women Recognized for Business Excellence and Rising Star Potential in the Building Products Industry (relevance: 11.1%, date: Aug 6, 2024)
UFP Retail Solutions, a subsidiary of UFP Industries, is proud to announce two of its best and brightest were selected from among hundreds of women to be named to the2024 list of Top Women in Hardware and Building Supply published by HBS Dealer, a leading trade publication.

Stora Enso appoints a new CFO and a new EVP Packaging Solutions division (relevance: 11.1%, date: Aug 6, 2024)
Stora Enso has appointed Niclas Rosenlew Group Chief Financial Officer. He will replace Seppo Parvi, who has previously announced that he will leave Stora Enso to continue his career outside the Company. Stora Enso has also appointed Carolyn Wagner Executive Vice President, Packaging Solutions division. She will replace Ad Smit who will retire. They will join Stora Enso latest in January 2025 and be members of Stora Enso's Group Leadership Team.

Berry and Glatfelter Announce New Brand Name and Identity in Connection with Proposed Merger of Berry's Business and Glatfelter (relevance: 11.1%, date: Aug 6, 2024)
Berry Global Group, Inc. and Glatfelter Corporation announced that the proposed merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films ("HHNF") business with Glatfelter progressed further today with the creation of the Magnera brand (pronounced 'Mag-nair-uh'), a global leader in the specialty materials industry.

Graphic Packaging Holding Company's second quarter net sales down 6 percent (relevance: 11.1%, date: Aug 6, 2024)
Graphic Packaging Holding Company's net income was $190 million, or $0.62 per share, based upon 306.9 million weighted average diluted shares.

UFP Industries second quarter net sales decreased by 7 percent (relevance: 11.1%, date: Aug 6, 2024)
UFP Industries, Inc. (UFPI) announced Q2 2024 results including net sales of $1.9 billion, net earnings attributable to controlling interest of $126 million, and earnings per diluted share of $2.05.

Greif Announces Sale of Delta Petroleum Company (relevance: 11.1%, date: Aug 6, 2024)
Greif, Inc., a global leader in industrial packaging products and services, announced it has sold Delta Petroleum Company, Inc. ("Delta"), a North American filling and logistics services business, to PSC Group LLC, a North American leader in product handling, site logistics, railcar repair, and sustainability services for the petrochemical, refining, and marine industries.

DS Smith Calls for Investment Into the UK and Alignment with Europe to Boost Growth (relevance: 11.1%, date: Aug 6, 2024)
DS Smith's Group Chief Executive has called for the new UK government to help make the UK a more attractive place to invest, and to align with EU regulation to support trade.

Suzano Agrees US$110 Million Purchase of Two US Industrial Facilities from Pactiv Evergreen (relevance: 11.1%, date: Aug 6, 2024)
The transaction is valued at US$110 million and includes two mills in Pine Bluff, Arkansas, and Waynesville, North Carolina, that manufacture liquid packaging board and cupstock.

Beto Abreu takes over as CEO of Suzano (relevance: 11.1%, date: Aug 6, 2024)
Suzano announces that Beto Abreu has assumed the role of CEO. As Suzano celebrates its centennial year and finalises construction of the Cerrado Project, the world's largest single-line pulp production facility in Ribas do Rio Pardo, Mato Grosso do Sul state, Abreu will now be responsible for leading the company's ambitious growth strategy.

Georgia-Pacific's Big Island Facility Earns Its First EPA ENERGY STAR® Certification for Energy Efficiency (relevance: 11.1%, date: Aug 6, 2024)
Georgia-Pacific's Big Island containerboard facility in Virginia earned its first EPA ENERGY STAR® Certification for energy efficiency this year. The facility joins two other Georgia-Pacific facilities - Brewton containerboard in Brewton, Alabama, and Leaf River Cellulose in New Augusta, Mississippi in earning this prestigious recognition for environmental stewardship.

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.