Global Paper Money

PM40 (relevance: 11.1%, date: May 5, 2026)
The PM40 closed Friday, 1 May 2026, at 5125.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

Huhtamäki reports better-than-expected operating profit (relevance: 11.1%, date: May 5, 2026)
The quarter was characterized by geopolitical challenges, unfavorable currency effects, and weather-related disruptions in North America. Cash flow showed a marked improvement, with all segments contributing positively.

Suzano Selects Avondale Global Gateway as Gulf Coast Hub, Bringing Regular Wood Pulp Imports Back to Louisiana for First Time in More Than 30 Years (relevance: 11.1%, date: May 5, 2026)
Five-year agreement establishes Avondale Global Gateway as a key Gulf Coast terminal for Suzano's growing North American operations.

West Fraser Timber swings to loss in first quarter (relevance: 11.1%, date: May 5, 2026)
West Fraser Timber Co. Ltd. reported Q1 sales of US$1.33 billion, down from $1.46 billion in the comparable period of 2025. The company posted a loss of $188 million, compared to earnings of $42 million a year earlier.

Kruger Energy Begins Construction of 196 MW Wind Farm (relevance: 11.1%, date: May 5, 2026)
Kruger Energy has begun construction of the Saint-Paul-de-Montminy (SPDM) Wind Farm, a 196-MW project scheduled for commissioning in December 2027. Located within the municipalities of Saint-Paul-de-Montminy, Notre-Dame-du-Rosaire and Sainte-Apolline-de-Patton, the project represents an investment of more than $580 million.

Mondi opens new paper bags plant in Pittsburgh, Pennsylvania, to support growing eCommerce and industrial customer demand (relevance: 11.1%, date: May 5, 2026)
State-of-the-art packaging facility strengthens Mondi's manufacturing footprint in the United States.

Interfor to indefinitely curtail operations at two Ontario sawmills (relevance: 11.1%, date: May 5, 2026)
Interfor will indefinitely curtail operations at its Nairn Centre facility in Nairn & Hyman Township, about 55 kilometres west of Sudbury, and at its Gogama facility, about 190 kilometres north of Sudbury, in Ontario. In a statement issued April 23, the company cites weak market conditions, U.S. softwood lumber duties and other trade actions, and ongoing cost pressures.

Lecta Group CEO retires as company splits into three entities (relevance: 11.1%, date: May 5, 2026)
Gilles Van Nieuwenhuyzen will retire as Chief Executive Officer of the Lecta Group on 30 April, following the successful recapitalization of the group and its division into three operationally and financially separate companies. The announcement comes as the 67-year-old executive steps down after navigating significant market, energy and geopolitical volatility during his tenure.

Sofidel: a new photovoltaic system now operational in the United Kingdom (relevance: 11.1%, date: May 5, 2026)
Following the commissioning of a new biomass boiler in France in March, the Group - celebrating its 60th anniversary this year - has brought a new photovoltaic system into operation at its Rothley Lodge converting facility in Leicester, UK.

Kimberly-Clark flags potential $170 million cost impact from higher oil prices (relevance: 11.1%, date: May 5, 2026)
Keeps annual forecast intact as personal care products demand holds up

UPM-Kymmene Board of Directors has approved a demerger plan concerning the separation of the Plywood business into a new listed company (relevance: 11.1%, date: May 5, 2026)
Based on the strategic review, the Board of Directors of UPM has approved a demerger plan concerning a partial demerger of UPM. According to the demerger plan, UPM will demerge so that all assets and liabilities of UPM relating to the UPM Plywood business area, or mainly serving the UPM Plywood business area, are transferred to WISA Group Plc ("WISA Group"), a company to be established in the demerger (the "Demerger").

UFP Industries acquires Berry Pallets for about $20 million (relevance: 11.1%, date: May 5, 2026)
UFP Industries announced the acquisition of the operating assets, including real estate, of Berry Pallets, Inc., a pallet manufacturer based in Waseca, Minnesota for approximately $20 million.

Smurfit Westrock mulls London delisting as earnings miss estimates (relevance: 11.1%, date: May 5, 2026)
Smurfit Westrock said on Thursday it is considering delisting from the London Stock Exchange, as the cardboard box-maker reported earnings that missed market expectations as bad weather hit its North American business.

DuPont Announces New 2035 Sustainability Goals (relevance: 11.1%, date: May 5, 2026)
DuPont announced its new 2035 Sustainability Goals, outlining how the company will deliver growth through its progress in key impact areas of Sustainable Innovation, Resilient Operations, and People, Partners and Communities -- all rooted in Strong Governance.