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Empresas Copec agrees $450M capital injection for Arauco amid $4.6B Brazilian pulp mill project (relevance: 20.1%, date: Sep 1, 2026)
Empresas Copec has agreed to provide a capital commitment of $450 million to its forestry subsidiary Arauco. The board called an extraordinary shareholders' meeting for 10 September to approve the capital support agreement.

Duino mill now part of Mondi Group, Mondi to invest around €200 million in mill (relevance: 20.1%, date: Jan 17, 2023)
Mondi plans to invest around €200 million in converting the existing lightweight coated mechanical paper machine at the mill into a high-quality, cost-competitive recycled containerboard machine with an annual capacity of around 420,000 tonnes.

West Fraser Releases 2022 Sustainability Report (relevance: 20%, date: Jul 4, 2023)
West Fraser Timber Co. Ltd. has released its 2022 Sustainability Report, providing a comprehensive disclosure on topics such as climate action, sustainable forestry and environmental performance as well as a newly developed social performance strategy outlining priorities in areas including safety, diversity, equity and inclusion and Indigenous relations.

Suzano Recognised With ESG Model Enterprise Award in Beijing at 2022 International Green Zero Carbon Festival (relevance: 19.9%, date: Sep 6, 2022)
Suzano, the world's largest hardwood pulp producer, was awarded the ESG Model Enterprise Award at the 2022 International Green Zero-Carbon Festival held in Beijing on August 30, 2022. This was awarded by the festival's organising committee including some of China's most distinguished research institutions, consultancies, and media outlets.

Roseburg names Nadine Orozco as Director of Strategic Business Development (relevance: 19.8%, date: Apr 2, 2024)
Orozco will lead execution of Roseburg's strategic initiatives to drive company growth, diversification, and profitability.

Billerud to invest $127 million in Michigan facilities amid transition to paperboard production (relevance: 19.8%, date: Dec 17, 2024)
Swedish pulp and paper company Billerud announced it's investing in upgrades worth 1.4 billion Swedish kronor, about $127 million, at its U.S.-based production facilities. The majority, worth about $109 million, will go toward its graphic paper mill in Escanaba, Michigan, where earlier this year the company canceled a project to convert the plant into a cartonboard production facility.

Valmet to supply automation technology to Lemit Papers in Morbi, India (relevance: 19.8%, date: May 17, 2022)
The target of the investment is to ensure a smooth start-up, to optimize the equipment efficiency and to achieve premium board quality, Valmet announced.

Södra invests in climate-related research - distributes seven million kroner (relevance: 19.7%, date: Dec 20, 2022)
Södra's research foundation is now distributing seven million kroner to nine research projects to promote the development of family forestry. A number of the projects focus on how forestry is affected by an increasingly warmer climate in Sweden.

Södra commits to science-based targets (relevance: 19.6%, date: Mar 7, 2023)
In line with its ambition to be a leader in society's transition to climate neutrality, Södra has laid out its commitment to science-based targets for 2030 in its annual and sustainability report, and to reach net zero by 2040.

Canada invests over $20 million in British Columbia forest sector projects (relevance: 19.6%, date: Apr 1, 2025)
The Government of Canada has announced an investment exceeding $20 million to support 67 projects aimed at strengthening British Columbia's forest sector. The funding, unveiled by Minister Jonathan Wilkinson, will enhance competitiveness, sustainability, and resilience in the industry.

Resolute Forest Products and Performance BioFilaments conduct field tests of cellulose filaments (relevance: 19.5%, 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.

Enviva Partners, LP Announces Transformative Acquisitions and Increases 2020 Guidance (relevance: 19.5%, date: Jul 6, 2020)
Enviva Partners, LP announced that it has agreed to purchase a wood pellet production plant in Waycross, Georgia with associated export terminal capacity in Savannah, Georgia (the "Georgia Biomass Acquisition") from innogy SE and also has agreed to purchase the wood pellet production plant in Greenwood, South Carolina owned by our sponsor (the "Greenwood Acquisition" and, together, the "Acquisitions").

Smurfit Kappa completes exit from Russian market (relevance: 19.5%, 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.

Capital projects of note in 2022 (relevance: 19.5%, date: Jan 18, 2022)
We are updating this list as these happen in the pulp, paper and forest products industry

Appvion announces purchase of new equipment (relevance: 19.5%, date: May 17, 2022)
Soon after the company was sold to a new owner, Appvion announced the purchase of new equipment.

Metsä Group and Navalis Shipping to collaborate in reducing carbon dioxide emissions in shipping (relevance: 19.5%, date: Jul 2, 2024)
Metsä Group aims to reduce fossil carbon dioxide emissions from wood supply by 30 per cent from the 2022 level by 2030. In the first phase the focus is on reducing emissions from wood transport operated by lorries, trains and vessels.

CatchMark Timber Trust, Inc. Stockholders Approve Merger with PotlatchDeltic Corporation (relevance: 19.4%, date: Sep 20, 2022)
CatchMark Timber Trust, Inc. announced that, at the special meeting of stockholders (the "Special Meeting") held this month, its stockholders approved the merger of CatchMark with and into a wholly owned subsidiary of PotlatchDeltic Corporation, pursuant to the terms of the Agreement and Plan of Merger, dated as of May 29, 2022.

State of Kentucky OKs incentives for potential Kimberly-Clark project (relevance: 19.4%, date: Dec 21, 2021)

Sonoco concludes $725 million divestment of ThermoSafe unit (relevance: 19.4%, date: Nov 18, 2025)
Sonoco said net proceeds will be applied towards repaying existing borrowings.

Andritz AG appoints Joachim Schönbeck as new President and CEO (relevance: 19.4%, date: Aug 17, 2021)
At the end of the Annual General Meeting deciding on the discharge for the 2021 business year (scheduled for April 12, 2022), Wolfgang Leitner will end his functions on the Andritz AG Executive Board - after 34 years of successful work there, thereof 27 years as President and CEO.

Canfor Provides Update on Operating Schedules for Western Canadian Sawmills (relevance: 19.4%, date: Jun 7, 2022)
Canfor Corporation is announcing the continuation of reduced operating schedules at its Western Canadian sawmills due to the ongoing global supply chain challenges. The Company has been operating at approximately 80% of production capacity since late March 2022.

Södra to invest in bark-based tanning agent production at Varo mill in Sweden (relevance: 19.3%, date: Jun 18, 2024)
Södra is investing in a production line at Värö which will create a vegetable tanning agent from bark. This new tannin can be used to process leather in a more environmentally friendly way. Scheduled to be commissioned in 2026, the plant will have the capacity to produce tannins for millions of square metres of leather.

Suzano Announces R$4.4 Billion Investment Plan For 2020 (relevance: 19.2%, date: Dec 16, 2019)
The investments in maintenance planned for 2020 will amount to R$3.6 billion, while investments in expansion and modernization projects will require approximately R$300 million.

Metsä Board will not invest in Kaskinen folding boxboard mill (relevance: 19.2%, date: Apr 2, 2024)
The pre-engineering has now been completed and Metsä Board has decided not to proceed with the investment in the Kaskinen folding boxboard mill.

Ahlstrom completes sale of abrasives business to Munksjö (relevance: 19.2%, date: Oct 7, 2025)
Ahlstrom, a global leader in sustainable fiber-based specialty materials, announces that it has completed the divestment of its abrasives business unit to Munksjö. The transaction marks a key step on Ahlstrom's transformation journey to become the preferred sustainable specialty materials company.