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Essity presents new financial targets following the divestment of Vinda (relevance: 11.1%, date: Jun 18, 2024)
Hygiene and health company Essity is presenting new financial targets based on the company's portfolio following the divestment of the subsidiary Vinda. The new targets are an increase in ambition with an emphasis on profitable growth and are based on the company's robust platform with leading positions in growing and attractive markets.

Valmet to deliver dewatering elements to Al Dhafra Paper Manufacturing Company in United Arab Emirates (relevance: 11.1%, date: Jun 18, 2024)
The delivery is scheduled for the Q2 2024.

Solenis Acquires Lilleborg from Orkla (relevance: 11.1%, date: Jun 18, 2024)
Strategic acquisition provides enhanced quality and sustainability for food and beverage and institutional customers.

Mondi and Meurer wake up coffee wrapping with new paper solution (relevance: 11.1%, date: Jun 4, 2024)
Mondi and machine producer Meurer have collaborated to create new packaging which holds and protects food and drink products during transportation.

UPM to supply Artigo with UPM BioMotion™ Renewable Functional Fillers for next-generation rubber flooring (relevance: 11.1%, date: Jun 4, 2024)
Artigo, an international rubber flooring company, will produce their next-generation flooring collections from 2025 with UPM BioMotion™ Renewable Functional Fillers (RFF).

Mercer International Inc. Releases 2023 Sustainability Report (relevance: 11.1%, date: Jun 4, 2024)
Juan Carlos Bueno, President and CEO of Mercer, stated, "The 2023 Sustainability Report demonstrates our dedication to progressing sustainable forest management and bioproduct innovation. We are committed to creating long-term value for our stakeholders by balancing environmental stewardship with responsible business growth."

Potlatchdeltic Releases 2023 Corporate Responsibility Report (relevance: 11.1%, date: Jun 4, 2024)
PotlatchDeltic Corporation has released its 2023 Corporate Responsibility Report. The Report highlights PotlatchDeltic's 2023 corporate responsibility accomplishments, linking them with the United Nations Sustainable Development Goals.

Billerud will not proceed with conversion of Escanaba mill to cartonboard production (relevance: 11.1%, date: Jun 4, 2024)
Billerud's Board of Directors has decided to not proceed with plans to convert its Escanaba mill to cartonboard production. Instead, the company will target to shift its product mix gradually towards packaging materials in North America with a moderate investment level.

Huhtamaki to consolidate its three Flexible Packaging manufacturing sites in United Arab Emirates (relevance: 11.1%, date: Jun 4, 2024)
Huhtamaki has decided to consolidate its three Flexible Packaging manufacturing sites in the United Arab Emirates, keeping one factory in Jebel Ali and expanding the one in Ras Al Khaimah. The transition will gradually take place during the second half of 2024.

Tolko Industries appoints Pino Pucci as President and CEO (relevance: 11.1%, date: Jun 4, 2024)
After 14 years as president and chief executive officer (CEO) of Tolko, and over 40 years with the company founded by his grandfather Harold, Brad Thorlakson has transitioned to the role of executive chair of the board. Further to Brad's transition, Pino Pucci has assumed the role of president and CEO.

Only getting larger (relevance: 11.1%, date: Jun 4, 2024)
I have been doing some research for a paper to be presented at a private client conference, so I will be a bit circumspect here, but the bottom line is this--pulp and paper companies will have no choice but to become larger. This is not driven by demand, but by necessary economies of scale.

Cookerly PR Adds DS Smith to Growing Client Roster (relevance: 11.1%, date: May 21, 2024)
The agency will develop and implement strategic communications campaigns to enhance DS Smith's position as a global leader in sustainable packaging solutions, paper products and recycling.

Huhtamaki recognized as a Climate Leader for three consecutive years (relevance: 11.1%, date: May 21, 2024)
Huhtamaki has achieved recognition as a Climate Leader in Europe, a commendation bestowed by the esteemed Financial Times. This prestigious acknowledgment is reserved for top-tier European companies with revenues exceeding €40 million, selected from a pool of nominees. The selection criteria are stringent, focusing on companies that have significantly reduced their Scope 1 and 2 emissions intensity between 2017 and 2022.

Sustana acquires fiber drying equipment for its De Pere, Wisconsin, facility (relevance: 11.1%, date: May 21, 2024)
Since its establishment, the De Pere mill has specialized in the production of wet lap fiber, with the capability of producing 450 tons per day of quality sustainable fiber.

Sofidel Honored With Prestigious SEAL Environmental Initiatives Award for Amazonia Project (relevance: 11.1%, date: May 21, 2024)
Sofidel, a leading global provider of paper for hygiene and household use, has been awarded the prestigious SEAL Environmental Initiatives Award for its exemplary work on the Amazonia project. The SEAL Awards, an environmental advocacy organization, recognize and honor individual programs that drive environmental progress and demonstrate leadership and commitment to a sustainable future.

Brazil's Suzano readies $15 billion bid for International Paper, sources say (relevance: 11.1%, date: May 21, 2024)
Brazilian pulp and paper company Suzano has approached U.S.-based International Paper to express interest in an all-cash acquisition that would be worth almost $15 billion, according to people familiar with the matter.

International Paper says it won't comment on rumors or speculation (relevance: 11.1%, date: May 21, 2024)
The company insists it is also focused on completing its previously announced combination with DS Smith, which offers a unique and highly compelling opportunity to create significant shareholder value above its base plan.

Saica Group acquires a majority share of LIC Packaging, Italy (relevance: 11.1%, date: May 21, 2024)
Saica Group has reached an agreement with the family owners of LIC Packaging to increase its participation, becoming the major shareholder of the company. LIC Packaging is located in the province of Brescia, in Lombardy, northern Italy. This plant has a revenue of 120 million euros in 2023 and provide direct employment to 351 people. The Bertoldo family will remain in the management of the business.

Metsä Group finalizes sale of Russian subsidiaries to VLP Group (relevance: 11.1%, date: May 21, 2024)
Following this transaction, Metsä Group no longer holds any assets in Russia, the company said in a statement. The terms of the deal, including the purchase price, remain confidential between the parties.

Indonesia's APRIL Group acquires controlling stake in India's Origami (relevance: 11.1%, date: May 21, 2024)
The Indian tissue market is expanding rapidly, driven by consumers' evolving perceptions of hygiene and personal care, Suneel Kulkarni of APRIL said.

Imperial Dade Acquires 3G Packaging, Inc. Expands Coverage in New York (relevance: 11.1%, date: May 21, 2024)
Transaction Represents 86th Acquisition for Leading Distributor of Foodservice Packaging and Janitorial Sanitation Products

Hugues Simon to succeed Mario Plourde as President and CEO of Cascades (relevance: 11.1%, date: May 21, 2024)
Cascades Inc. announces the appointment of Mr. Hugues Simon as its new President and CEO. Currently President of the Wood Products business at Resolute Forest Products, Mr. Simon will assume his new role no later than July 1, 2024. The appointment follows an extensive succession planning and recruitment process, supported by an international firm, in anticipation of Mario Plourde's planned retirement.

ANDRITZ Completes Combustion System Upgrade on Essity Tissue Machine in England (relevance: 11.1%, date: May 21, 2024)
ANDRITZ successfully completed the upgrade of the combustion system on a through-air drying (TAD) tissue machine at the paper mill of Essity in Prudhoe.

MEPCO commissions Voith with construction of complete production line for recycled containerboard at its Jeddah mill in Saudi Arabia (relevance: 11.1%, date: May 21, 2024)
Construction will start in Q3 2024, with commissioning expected in Q4 2027.

Solenis named best managed company, fourth consecutive year (relevance: 11.1%, date: May 21, 2024)
Solenis, a leading global producer of specialty chemicals used in water-intensive industries, today announced it has been selected as a 2024 Best Managed Company and a Gold Standard winner, which honors organizations that have been recognized for four or more years as Best Managed Companies.