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Capital projects of note in 2025 (relevance: 11.1%, date: Jan 7, 2025)
We are updating this list as these happen in the pulp, paper and forest products industry

PM40 (relevance: 11.1%, date: Jan 7, 2025)
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.

Södra Foundation grants SEK 12.5 million for research (relevance: 11.1%, date: Jan 7, 2025)
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.

APRIL Group Wins 2024 Upakarti Award for Empowering Local SMEs (relevance: 11.1%, date: Jan 7, 2025)
APRIL Group recently won the 2024 Upakarti Award through its operating arm Riau Andalan Pulp and Paper (RAPP). The award recognises the company's contribution to empowering local small and medium enterprises (SMEs) around its operations in Pangkalan Kerinci, Riau.

UPM listed the only forest and paper industry company in the Dow Jones World and European Sustainability (relevance: 11.1%, date: Jan 7, 2025)
UPM has been listed as the only forest and paper industry company in the Dow Jones Global and European Sustainability Indices (DJSI) for the years 2024-2025. The indices cover environmental, social and governance aspects of responsibility.

Veritiv Acquires Arjay Company, Expanding Reach in Greater Metropolitan New York Area (relevance: 11.1%, date: Jan 7, 2025)
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.

Hood Container Corporation Announces Senior Leadership Changes: Alan Clark to assume position of President/COO (relevance: 11.1%, date: Jan 7, 2025)
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.

Stora Enso takes another huge impairment charge (relevance: 11.1%, date: Jan 7, 2025)
The Notes were offered in a private placement and there was no public offering of the Notes.

The Paper Packaging Company Announces Expansion to the United States (relevance: 11.1%, date: Jan 7, 2025)
The Paper Packaging Company, founded by Nigerian engineer and entrepreneur Chidi Oguegbu, will extend its eco-conscious operations to the United States in early March. The expansion coincides with the organization's tenth anniversary, underscoring a record of providing paper-based packaging alternatives to reduce single-use plastics.

CDC releases report on large blastomycosis outbreak at Billerud Michigan paper mill (relevance: 11.1%, date: Jan 7, 2025)
It was the largest known blastomycosis outbreak in the United States.

Georgia-Pacific completes investments in Mt. Wolf, Pennsylvania facility (relevance: 11.1%, date: Jan 7, 2025)
The upgrades included a new rooftop cyclone, a new corrugator and a state-of-the-art specialty gluer. This new equipment gives the plant improved efficiency, the ability to run digital print, and the capability to handle harder-to-run business.

Twin Rivers Paper appoints Tyler Rajeski as new CEO (relevance: 11.1%, date: Jan 7, 2025)
Tyler joined Twin Rivers Paper in April 2022 as Vice President of Finance and was named Chief Financial Officer in August 2022, leading the company's finance, accounting, treasury and tax functions. In April 2023, he was named President in addition to his role as Chief Financial Officer.

DS Smith Encourages Americans to Recycle This Holiday Gifting Season as Data Shows Improvement in Paper Packaging Recycling (relevance: 11.1%, date: Dec 17, 2024)
DS Smith's Reading, PA recycling infrastructure supports a circular system in the U.S., as American Forest & Paper Association trends point to increasing recycling rates over past years.

Ahlstrom expands its capabilities within specialty materials for life sciences with the acquisition of ErtelAlsop (relevance: 11.1%, date: Dec 17, 2024)
Ahlstrom, a global leader in fiber-based specialty materials, has acquired ErtelAlsop, a New York based manufacturer of high-performance liquid depth filter media serving end-markets in the pharmaceutical, food & beverage, flavors and fragrances, and chemical industries.

Enviva Announces Successful Emergence from Financial Restructuring Process Positioned for Sustainable Growth and Continued Market Leadership (relevance: 11.1%, date: Dec 17, 2024)
Enviva, LLC, a leading producer of industrial wood pellets, announced its successful emergence from Chapter 11 bankruptcy protection, marking a significant milestone in the Company's strategic transformation.

Georgia-Pacific Announces $90 Million Investment to Grow Consumer Tissue Business (relevance: 11.1%, date: Dec 17, 2024)
The investment at the Crossett mill will add 50 new jobs and will increase converting capacity for high quality bath tissue, including Georgia-Pacific's valued Angel Soft® brand. Initial production from this investment is expected in 2026. By the end of this project, Georgia-Pacific will have invested more than $250 million at Crossett since 2019.

Trex Company Teams with Weyerhaeuser to Expand Distribution Across California, Nevada, Arizona and New Mexico (relevance: 11.1%, date: Dec 17, 2024)
Trex Company, the world's leading manufacturer of wood-alternative decking and residential railing, has joined forces with Weyerhaeuser, a global leader in sustainable forestry and one of the largest manufacturers of wood products in North America, to significantly expand Trex's presence across the Southwest region.

Civil society organizations applaud Canada's natural resources committee's call to bring owner of Domtar, (formerly Paper Excellence) to testify (relevance: 11.1%, date: Dec 17, 2024)
As 11 civil society organizations, we call on decision-makers within the U.S. and Canadian governments to fully investigate this development and its implications to the forest industry writ large; we urge the European Commission to reject the proposed concentration of the two companies; we urge the Forest Stewardship Council (FSC) to revoke Domtar's FSC certifications and we urge Domtar's current purchasers not to renew contracts with the company.

The proposal of Valmet's Shareholders' Nomination Board for the composition and remuneration of the Board of Directors (relevance: 11.1%, date: Dec 17, 2024)
Mikael Mäkinen, Chair of the Board of Directors, and Jaakko Eskola, Vice-Chair of the Board of Directors, have informed Valmet's Nomination Board that they will not be available in the election of the Board of Directors in the next Annual General Meeting.

Valmet to deliver a modern lime kiln to Kuantum Papers Limited in India (relevance: 11.1%, date: Dec 3, 2024)
The project's duration is approximately one year, with the installation planned to take place at the end of 2025.

Kemira to lay off 23 employees (relevance: 11.1%, date: Dec 3, 2024)
Kemira's change negotiations initiated on October 14, 2024 have concluded. As a result of the negotiations 23 employees will be made redundant.

Amcor and Power Roll to deliver revolutionary solar photovoltaic film (relevance: 11.1%, date: Dec 3, 2024)
Amcor, a global leader in developing and producing responsible packaging solutions, announced it has signed a Memorandum of Understanding (MOU) with U.K.-based technology pioneers, Power Roll Limited. Amcor and Power Roll's collaboration aims to revolutionize solar-powered energy by developing a lightweight solar photovoltaic film that can deliver a low-cost alternative to silicon solar panels.

Mativ Releases 2023 ESG Report Highlighting Key Initiatives (relevance: 11.1%, date: Dec 3, 2024)
The report highlights Mativ's progress in sustainability, safety, and other key ESG priorities.

KCL Acquires Advanced Biocomposite Manufacturing Equipment from UPM (relevance: 11.1%, date: Dec 3, 2024)
KCL is pleased to announce the acquisition of advanced biocomposite manufacturing equipment from UPM, which announced in August that it is withdrawing from the production of biocomposite products. This strategic purchase will enable KCL to commence the production of innovative biocomposite materials, enhancing our service business and supporting our commitment to sustainability.

Quad Appoints Tim Maleeny as Chief Client Strategy Officer (relevance: 11.1%, date: Dec 3, 2024)
Industry veteran steps into Chief Client Strategy and Integration Officer role, reinforcing the marketing experience company's client-centric focus.