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Rayonier Advanced Materials engages Houlihan Lokey to explore sale of paperboard and high-yield pulp assets (relevance: 11.1%, date: Nov 7, 2023)
Rayonier Advanced Materials Inc. announced that it has engaged Houlihan Lokey as its financial advisor to explore the potential sale of its paperboard and high-yield pulp assets located at its Temiscaming site.

Ilim Group presents its new mill in Ust-Ilimsk to Chinese partners (relevance: 11.1%, date: Nov 7, 2023)
Ilim Group presented to Chinese partners its new pulp and paperboard mill (the KLB Mill) in Ust-Ilimsk, Russia. The Mill's output will reach 600 thousand tons of kraftliner per year. Thereby, Ilim's aggregate exports to China will surge to 2.4 million tons per year.

Metsä Group is looking into construction of first mill producing Muoto packaging in Rauma (relevance: 11.1%, date: Nov 7, 2023)
Metsä Group is conducting a pre-study related to the construction of a first commercial mill for producing Muoto packaging products on its Rauma mill site, Finland. The goal is to determine the mill's technical feasibility and economic profitability.

Saica Is Expanding with Six Machines (relevance: 11.1%, date: Nov 7, 2023)
Massive investment in corrugated board-processing machinery is expected to ensure growth and quality.

Massimo Reynaudo appointed President and CEO of UPM-Kymmene Corporation (relevance: 11.1%, date: Nov 7, 2023)
Massimo Reynaudo has been appointed President and CEO of UPM-Kymmene Corporation as of 1 January 2024. Jussi Pesonen will continue as the President and CEO until 31 December 2023, after which he will work as an advisor to the Company and its management until he will retire from UPM on 30 April, 2024.

Suzano to Invest R$1.66 Billion in New Tissue Paper Mill, Expand Fluff Pulp Capacity and New Biomass Boiler (relevance: 11.1%, date: Nov 7, 2023)
The total investment of R$1.66 billion, announced during the disclosure of the 3Q23 results, is aligned with Suzano's strategic business avenues and underscores its commitment to constantly adapt its operations to evolving demand in Brazil and the global markets.

Resolute Forest Products and Performance BioFilaments conduct field tests of cellulose filaments (relevance: 11.1%, date: Nov 7, 2023)
Resolute Forest Products Inc., in collaboration with Performance BioFilaments, has taken another step toward developing a viable market for cellulose filaments (CF), an innovative wood-based biomaterial, by conducting field tests in Quebec sidewalks.

Greif Plans to Acquire IPACKCHEM (relevance: 11.1%, date: Nov 7, 2023)
Greif, Inc. announced that it has entered into exclusive negotiations to acquire I PACKCHEM Group SAS, a global leader in premium barrier and non-barrier jerrycans and small plastic containers, from an affiliate of SK Capital Partners, in a cash transaction valued at $538 million.

UPM supports the demolishing of Hiitolanjoki river's third dam and the return of landlocked salmon to their old spawning waters (relevance: 11.1%, date: Nov 7, 2023)
UPM supports the third and final phase of the Hiitolanjoki river restoration project in South Karelia, where the dam of the Ritakoski hydropower plant was demolished and the rapid restored. The restoration will allow Ladoga's landlocked salmon to rise to its old spawning waters and improves the status of the aquatic habitat of the river.

Kimberly-Clark Among Top 40 Nonwovens Industry Companies (relevance: 11.1%, date: Nov 7, 2023)
Nonwovens Industry recently named Kimberly-Clark as a Top 40 Nonwovens Industry Company in recognition of the role nonwovens continue to play as a key driver of innovation and growth for both our business and brands.

Rayonier Announces Initiatives to Enhance Shareholder Value (relevance: 11.1%, date: Nov 7, 2023)
Targeting $1 billion of select asset sales over the next 18 months.

Rayonier Announces Leadership Succession Plan (relevance: 11.1%, date: Nov 7, 2023)
Mark McHugh named President and CEO, effective April 1, 2024.

Jan Gurander proposed as new Chairman of Essity (relevance: 11.1%, date: Nov 7, 2023)
The Nomination Committee of Essity Aktiebolag (publ) proposes that Jan Gurander be appointed Chairman and member of Essity's Board of Directors at the Annual General Meeting in March 2024. As previously announced, Essity's current Chairman of the Board, Pär Boman, has declined re-election.

Boise Cascade Announces Promotion of Executive Leaders (relevance: 11.1%, date: Nov 7, 2023)
Boise Cascade Company announced the promotion of four of its business leaders.

Voith and Sun Paper Achieve Early Start-up of Nanning PM 2 and PM 3 State-of-the-art Packaging Paper Machine (relevance: 11.1%, date: Nov 7, 2023)
Within a month, Sun Paper has started up two packaging paper machines ahead of schedule this is the fourth follow-up order of this kind between Voith and Sun Paper.

RearView (relevance: 11.1%, date: Oct 17, 2023)
The PM40 closed 13 October 2023 up 8.7% from the 14 October 2022 level.

Pregis Releases 2022 Sustainability Report (relevance: 11.1%, date: Oct 17, 2023)
The reported milestones align with the Pregis Purpose to Protect, Preserve, and Inspyre and the company's commitment toward its visionary 2K30 objectives.

Lecta, committed to responsible sourcing (relevance: 11.1%, date: Oct 17, 2023)
Lecta chooses EcoVadis for its supplier certification process.​

New Tork Research Reveals Link Between Clean, Well-Functioning Workplace and Employee Satisfaction (relevance: 11.1%, date: Oct 17, 2023)
Tork, an Essity brand, announced new research revealing the link between clean, well-functioning workplaces and employee satisfaction. Notably, the research found that 86% of office employees regard cleanliness as the most important aspect of a good work environment.

Greif Inc. Acquires Reliance Products Ltd. (relevance: 11.1%, date: Oct 17, 2023)
With a single operating location in Winnipeg, Canada, Reliance's operations are strategically located to serve the primary agriculture markets in North America. Reliance products utilize a unique in-mold fluorination barrier (IMF) process which provides a compelling additional capability to the Greif portfolio of barrier technologies.

Mondi completes sale of Mondi Syktyvkar, concluding Russian exit (relevance: 11.1%, date: Oct 17, 2023)
Mondi has received RUB 57 billion ($568 million) into its London bank account and it is in possession of a letter of credit for the final RUB 23 billion ($229 million), which will be paid in two equal instalments in each of November and December 2023.

LP Building Solutions opens new manufacturing site in Bath, New York (relevance: 11.1%, date: Oct 17, 2023)
LP Building Solutions (LP) announces the opening of its new state-of-the-art LP SmartSide ExpertFinish prefinishing facility in Bath, New York. The 90,000-square-foot facility will bring more than 60 new jobs to the area over the next several years.

West Fraser in Newberry, South Carolina announces third expansion in 10 years (relevance: 11.1%, date: Oct 17, 2023)
The $17.7 million investment is expected to create 30 new jobs.

Sappi set to close Stockstadt mill in Germany, starts consultations on Lanaken, Belgium mill closure (relevance: 11.1%, date: Oct 17, 2023)
Sappi Europe completed a consultation process on the closure of Stockstadt mill in Germany and agreed on the social plan for the employees. In addition, an agreement has been signed for the sale of the site. The closure of the site should be completed during the first calendar quarter of 2024. Once all closure elements are taken into account, the impact is expected to be cash neutral.

Rayonier Advanced Materials elects Bryan D. Yokley to board (relevance: 11.1%, date: Oct 17, 2023)
Yokley retired from EY in June 2022, where he spent 34 years serving in various capacities, including Audit Partner in Georgia, New York, Australia, Sweden, California, and North Carolina.