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Sofidel Honored With Prestigious SEAL Environmental Initiatives Award for Amazonia Project (relevance: 25.1%, date: May 21, 2024)
Sofidel, a leading global provider of paper for hygiene and household use, has been awarded the prestigious SEAL Environmental Initiatives Award for its exemplary work on the Amazonia project. The SEAL Awards, an environmental advocacy organization, recognize and honor individual programs that drive environmental progress and demonstrate leadership and commitment to a sustainable future.

Western Forest Products appoints Glen Nontell as new Chief Financial Officer (relevance: 25.1%, date: Aug 6, 2024)
Western Forest Products Inc. announced that Glen Nontell has been appointed Chief Financial Officer effective August 1, 2024.

Ittihad Paper Mill to take maintenance shutdown at Abu Dhabi mill in UAE (relevance: 25%, date: Apr 16, 2024)
Ittihad Paper Mill (IPM) in Abu Dhabi, United Arab Emirates, has again selected Valmet as the main supplier of field services to its annual shutdown in 2024. The shutdown will take place at the end of July 2024.

A more insular world? (relevance: 24.9%, date: Nov 7, 2023)
Covid taught us that world-wide, smooth procurement had its perturbations. I never saw the phrase, "Force Majeure," except in contracts and textbooks, before 2021. Now it has become, no pun intended, lingua franca, especially on construction projects. Yet, it goes deeper than that.

Clearwater Paper Enters into Definitive Agreement to Sell Tissue Business to Sofidel America Corporation for $1.06 Billion (relevance: 24.9%, 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.

Weyerhaeuser Completes Sale of Initial Carbon Credit Offering (relevance: 24.8%, date: Jan 2, 2024)
Agreement Marks Company's First Transaction in the Voluntary Carbon Market.

Mayr-Melnhof Group's Kwidzyn project start postponed to 2024 (relevance: 24.8%, date: Sep 5, 2023)
Due to current market conditions, the start of the project has been postponed to 2024.

PM40 (relevance: 24.7%, date: Nov 5, 2024)
The PM40 closed Friday, 1 November 2024, at 5830.

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

Sonoco Releases 2024 Corporate Sustainability Report (relevance: 24.7%, date: May 20, 2025)
Sonoco Products Company, a global leader in value-added sustainable packaging, has released its 2024 Corporate Sustainability Report, marking its transformation into a more sustainable packaging company following the acquisition of Eviosys, Europe's leading metal packaging manufacturer.

Lecta is investing in a refuse-derived fuel (RDF) boiler for its Condat mill (relevance: 24.7%, date: Dec 6, 2022)
Lecta has decided to invest in a refuse-derived fuel (RDF) boiler for its Condat paper mill in France, which will be finished by mid-2024. This is a great energy transformation project that presents multiple environmental and economic advantages, in line with the Sustainability goals that Lecta is working on.

Monadnock Paper Mills announces Andrew Manns as new CEO (relevance: 24.7%, date: Oct 7, 2025)
Following the death of longtime chairman and CEO Richard G. Verney on Sept. 10, Monadnock Paper Mills and Monadnock Non-Wovens have announced that former CFO Andrew Manns will return as CEO and operations will continue without interruption under the direction of the board and Manns.

Metsä Group secures Euro 86.5 million EU grant for Muoto mill project (relevance: 24.6%, date: Mar 18, 2025)
Metsä Group has signed an agreement for partial funding from the EU Innovation Fund, securing a maximum grant of Euro 86.5 million for its Muoto packaging product mill planned for construction in Rauma, Finland. The company confirmed the agreement following negotiations that began in October 2024, according to Metsä Group.

Metsä Board commences change negotiations on possible temporary layoffs in Finland (relevance: 24.6%, date: Nov 7, 2023)
Metsä Board, part of Metsä Group, will initiate change negotiations on possible temporary layoffs for its paperboard and BCTMP mills in Finland. The negotiations involve a total of approximately 1,100 employees at the Joutseno, Kaskinen, Kemi, Kyro, Tampere, Simpele and Äänekoski mills.

UPM plans to increase its growth focus through streamlined business portfolio (relevance: 24.3%, date: Dec 16, 2025)
UPM is a material solutions company with world-class businesses in growth markets. With the intended graphic paper Joint Venture between UPM and Sappi announced today, UPM aims to position the communication paper business for continued value creation for its customers in a way that benefits UPM shareholders. Assuming the Joint Venture is formed, UPM would achieve a stronger growth profile, improved margins and leverage, with no direct sales exposure to the declining European and North American graphic paper markets.

Suzano Launches Venture Capital Initiative With US$70 Million to Invest in Startups (relevance: 24.3%, date: Jun 21, 2022)
The initiative will focus on companies operating within at least one of four bioeconomy applications: improving the measurement and management of carbon sequestration, accelerating and maximizing agroforestry yield, developing new technologies and applications for pulp biomass, and creating more efficient pulp packaging from renewable sources.

PM40 (relevance: 24.2%, date: May 7, 2024)
The PM40 closed Friday, 3 May 2024, at 5517.

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

PM40 (relevance: 24.2%, date: Jun 4, 2024)
The PM40 closed Friday, 31 May 2024, at 5751.

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

PM40 (relevance: 24.2%, date: May 21, 2024)
The PM40 closed Friday, 17 May 2024, at 5802.

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

Weyerhaeuser's third quarter net sales decreased to $1.7 billion (relevance: 24.1%, date: Nov 5, 2024)
Weyerhaeuser Company reported Q3 net earnings of $28 million, or 4 cents per diluted share, on net sales of $1.7 billion. This compares with net earnings of $239 million, or 33 cents per diluted share, on net sales of $2.0 billion for the same period last year and net earnings of $173 million for Q2 2024.

Rayonier Advanced Materials to close Temiscaming High Purity Cellulose plant, cut 275 workers (relevance: 24.1%, date: May 7, 2024)
Rayonier Advanced Materials Inc. (RYAM) is announcing that, effective July 2, 2024, it will suspend operations at its Temiscaming High Purity Cellulose (HPC) plant for an indefinite period.

PM40 (relevance: 24.1%, date: Dec 17, 2024)
The PM40 closed Friday, 13 December 2024, at 5888.

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

PM40 (relevance: 24.1%, date: Oct 15, 2024)
The PM40 closed Friday, 11 October 2024, at 6035.

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

PM40 (relevance: 24.1%, date: Sep 17, 2024)
The PM40 closed Friday, 13 September 2024, at 5737.

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

PM40 (relevance: 24.1%, date: Aug 6, 2024)
The PM40 closed Friday, 2 August 2024, at 5564.

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

PM40 (relevance: 24.1%, date: Jul 16, 2024)
The PM40 closed Friday, 12 July 2024, at 5575.

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