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RearView (relevance: 11.1%, date: Apr 18, 2023)
The PM40 closed 14 April 2023 up 6.6% from the 14 April 2022 level.

UPM has sold all its business operations in Russia to Gungnir Wooden Products Trading (relevance: 11.1%, date: Apr 18, 2023)
Following Russia's war of aggression in Ukraine, UPM announced in March 2022 suspension of its business activities in Russia, including deliveries, wood procurement and the Chudovo plywood mill.

Sonoco sells off timberland (relevance: 11.1%, date: Apr 18, 2023)
The transaction was completed for $72 million in cash.

Norske Skog Bruck begins production of containerboard (relevance: 11.1%, date: Apr 18, 2023)
Norske Skog Bruck started its containerboard production last week, introducing 210,000 tonnes of competitive testliner and fluting capacity to meet the growing demand for renewable packaging. The production is based 100% on recycled fibre and will use steam from the new waste-to-energy plant, which opened in April 2022.

Iconex Acquires MAX International Converters, Inc., MAXStick Products Ltd. and Key Assets from McAuliffe Paper Inc. (relevance: 11.1%, date: Apr 18, 2023)
Transactions Allow Iconex to Serve Liner-Free Customers with Best-in-Class, High-Performance Products.

Interfor commits at least 30 percent of its Board members will be women (relevance: 11.1%, date: Apr 18, 2023)
Interfor Corporation provided an update on its ongoing director succession process. The Company has updated its diversity target for its board of directors ("Board") and commits that at least 30% of its Board members will be women by its next annual general meeting of shareholders ("AGM") in 2024.

Quad Solution for Packaging In-Store Displays Eliminates Plastic at its Earliest Point of Entry (relevance: 11.1%, date: Apr 18, 2023)
Innovative LAMà® Band rids hard-to-recycle waste from in-store signage.

Valmet to deliver a wash press to Holmen Paper AB's Braviken mill in Sweden (relevance: 11.1%, date: Apr 18, 2023)
The start-up is scheduled for April 2024.

RearView (relevance: 11.1%, date: Apr 4, 2023)
The PM40 closed 31 March 2023 up 5.1% from the 1 April 2022 level.

Kimberly-Clark Ranks Third Among Barron's 100 Most Sustainable Companies of 2023 (relevance: 11.1%, date: Apr 4, 2023)
Company Continues to Live its Purpose of 'Better Care for a Better World'.

Phoenix Paper Completes Inkjet Product Line Launch (relevance: 11.1%, date: Apr 4, 2023)
Phoenix Inkjet products provide Customers with Treated and Untreated Sheet Solutions.

Amcor, Nfinite enter into joint research agreement to leverage nanotechnology in recyclable and compostable packaging (relevance: 11.1%, date: Apr 4, 2023)
Amcor, a global leader in developing and producing responsible packaging solutions, announced a joint research project agreement with Nfinite Nanotechnology Inc. to validate the use of Nfinite's nanocoating technology to enhance both recyclable and compostable packaging.

Billerud in second place in the report Sustainable Companies (relevance: 11.1%, date: Apr 4, 2023)
Billerud comes second when Lund University and the business newspaper Dagens Industri rank the 131 largest companies on the stock exchange in Sweden from a sustainability perspective.

Essity and Voith develop groundbreaking concept for sustainable tissue production (relevance: 11.1%, date: Apr 4, 2023)
Hygiene and health company Essity has entered an exclusive partnership with the global technology company Voith to develop a new tissue making process that will reduce energy and CO2 emissions while cutting water consumption by up to 95%.

Government will ensure wood pulp giant Paper Excellence respects Canadian laws: Wilkinson (relevance: 11.1%, date: Apr 4, 2023)
Paper Excellence says it will appear before MPs if summoned by the Natural Resources committee.

Metsä Group and Fortum join forces to use carbon dioxide as by-product in forestry industry (relevance: 11.1%, date: Apr 4, 2023)
Metsä Group and Fortum, have initiated a pre-feasibility study on the recovery of wood-based carbon dioxide generated as a side stream in the forest industry.

Metsä Group adopts regenerative forestry principles (relevance: 11.1%, date: Apr 4, 2023)
Metsä Group's goal is to ensure that Finnish forest assets transfer in a more vibrant, diverse and climate resilient condition from one generation and owner to the next. Regenerative forestry means boosting economic growth and natural assets side by side. As the members of Metsä Group's parent company Metsäliitto Cooperative own around half of private forests in Finland, this goal is significant for all of Finland.

That's a wrap. Mondi and ATS-Tanner launch paper band for food bundles and multipacks (relevance: 11.1%, date: Apr 4, 2023)
Mondi has partnered with Swiss converter ATS-Tanner to create new kraft paper bundle packaging.

Sofidel in the Top 1% of Companies Rated by EcoVadis for Sustainability in the Tissue Paper Industry (relevance: 11.1%, date: Apr 4, 2023)
Sofidel, one of the world's leading paper groups for the production of paper for hygienic and domestic use known particularly in Italy and Europe for its Regina brand, has again this year received Platinum recognition from EcoVadis for its approach to sustainability and therefore confirming its place among the top 1% of companies in its sector worldwide.

UPM plans capacity reduction in Schongau and accelerates its exit plan in Steyrermühl (relevance: 11.1%, date: Apr 4, 2023)
UPM plans to adapt its uncoated publication paper capacity to a long-term profitable customer demand. The capacity reductions are planned to take place in Germany and Austria.

Smurfit Kappa completes exit from Russian market (relevance: 11.1%, date: Apr 4, 2023)
Smurfit Kappa Group plc announces that it has completed its exit from the Russian market. The Group announced its intention to exit the Russian market in an orderly manner on 1 April 2022 and subsequently entered into an agreement to sell its Russian operations to local management.

UFP Packaging Expands PalletOne Nationally (relevance: 11.1%, date: Apr 4, 2023)
It becomes the first coast-to-coast premier pallet supplier.

UPM Paso de los Toros pulp mill ready for start-up (relevance: 11.1%, date: Apr 4, 2023)
Major milestone in the transformative growth investment in Uruguay.

Munksjö appoints Manfred Bracher as CEO (relevance: 11.1%, date: Apr 4, 2023)
With the company entering its next growth phase as the first manufacturer solely dedicated to decor paper, Manfred will succeed current CEO Tomas Wulkan, who has led Munksjö since 2018, first as a division of Ahlstrom-Munksjo and most recently as an independent company.

RearView (relevance: 11.1%, date: Mar 21, 2023)
The PM40 closed 17 March 2023 up 0.2% from the 18 March 2022 level.