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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.

Sofidel Makes a Significant Step To Accelerate Its Growth in North America (relevance: 11.1%, date: Aug 6, 2024)
The transaction includes an annual production capacity of 340,000 metric tons distributed across four production sites in Shelby, North Carolina, Lewiston, Idaho, Las Vegas, Nevada, and Elwood, Illinois. The completion of the acquisition is expected within 2024, subject to receipt of customary regulatory approvals and satisfaction of other customary closing conditions.

Funds Managed by BTG Pactual Timberland Investment Group Sell Nearly 70,000 Hectares to Suzano in Mato Grosso do Sul, Brazil (relevance: 11.1%, date: Aug 6, 2024)
One of the largest timberland transactions to date in Brazil, and the largest ever in the state of Mato Grosso do Sul.

Sonoco's second quarter net sales decreased by 5 percent to $1.6 billion (relevance: 11.1%, date: Aug 6, 2024)
Sonoco Products Company reported financial results for its Q2 ended June 30, 2024. Net sales decreased 5% to $1.6 billion primarily driven by the Protective Solutions ("Protexic") divestiture, the closure of a thermoformed food packaging plant, the treatment of recycling operations as a procurement function beginning January 1, 2024 and lower selling prices; overall volumes were positive and up low single digits including the impact of acquisitions.

Canfor closes Arkansas acquisition, welcomes new Iron Mountain employees (relevance: 11.1%, date: Aug 6, 2024)
Canfor Corporation is pleased to announce the completion of the acquisition from Arkansas Resolute El Dorado Inc., of its lumber manufacturing facility in Union County, Arkansas. The transaction, previously announced on May 1, 2024, is a strategic complement to the Company's existing regional operations, including its adjacent El Dorado Laminating Plant and its nearby Urbana sawmill.

Kemira expands sodium chlorate capacity in Ortigueira, Brazil (relevance: 11.1%, date: Aug 6, 2024)
>Kemira announced an investment to expand the capacity of its sodium chlorate manufacturing facility in Ortigueira, Brazil.

Mondi plc Announces Board and Committee Changes (relevance: 11.1%, date: Aug 6, 2024)
Mondi Group is pleased to announce the appointment of Sucheta Govil as an independent non-executive director of Mondi plc with effect from 1 October 2024.

Kimberly-Clark Names Craig Slavtcheff Chief Research and Development Officer (relevance: 11.1%, date: Aug 6, 2024)
Robert Long to retire after 45 distinguished years in CPG.

AF&PA President and CEO Heidi Brock elected ICFPA President (relevance: 11.1%, date: Aug 6, 2024)
The International Council of Forest and Paper Associations (ICFPA) announced Ms. Heidi Brock, President and CEO of the American Forest & Paper Association (AF&PA), as its new President.

Luc Theriault Appointed President of Wood Products Business Unit at Paper Excellence Group (relevance: 11.1%, date: Aug 6, 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.

SCA to hike kraftliner prices by €60 per tonne (relevance: 11.1%, date: Jul 16, 2024)
The new price is valid from August 1, 2024.