Major Announcements

Boise Cascade's Building Materials Distribution (BMD) division announced it has finalized the purchase of a five-acre site in Birmingham, AL.

Conifex Timber Inc. announced that Andrew McLellan has been promoted to President and Chief Operating Officer.

PotlatchDeltic Corporation announced that Jerry Richards will relocate to accept an opportunity with another company. Mr. Richards has resigned as the Company's Vice President and Chief Financial Officer, effective April 19, 2023 and he will be focused on ensuring a smooth transition through his final day on May 12, 2023. Mr. Richards joined the Company in 2013.

UPM has received the final operating authorization for its new UPM Paso de los Toros pulp mill from the environmental authorities. The start-up of the mill commences immediately, and first customer deliveries are expected to ship in May.

Rajeski's Expanded Role Includes Responsibility for Overseeing all Aspects of the Business.

Mercer Peace River (MPR) announces the completion of the Fibre Procurement Project. This milestone was celebrated with a ribbon cutting in front of the newly revitalized woodroom at the MPR site with dignitaries in attendance.

The strategic review includes exploring different options and may result in divestments, although no such decisions have yet been taken.

Cascades will work closely with its 300 affected employees to mitigate the impact of this announcement.

Norske Skog Bruck started its containerboard production last week, introducing 210,000 tonnes of competitive testliner and fluting capacity to meet the growing demand for renewable packaging. The production is based 100% on recycled fibre and will use steam from the new waste-to-energy plant, which opened in April 2022.

Streamlines Senior Leadership to Accelerate Business Performance.

Interfor Corporation provided an update on its ongoing director succession process. The Company has updated its diversity target for its board of directors ("Board") and commits that at least 30% of its Board members will be women by its next annual general meeting of shareholders ("AGM") in 2024.

Henrik Ehrnrooth was elected as Chair, and Kim Wahl as Deputy Chair of the Board of Directors of UPM-Kymmene Corporation at the Board of Directors' constitutive meeting that took place today following the Annual General Meeting.

Clearwater Paper Corporation announced the planned departure of Michael Murphy as senior vice president and chief financial officer. Mr. Murphy will continue to serve as the chief financial officer and assist the company in the transition through the second quarter of this year.

Gov. Roy Cooper urged the operators of a large western North Carolina paper mill set to shutter to find a way to keep it running, saying a closure would have a "devastating effect" on the region and its people.

The terminal consolidates Klabin's logistics strategy in the State of Paraná.

ND Paper, which is owned by Nine Dragons Paper Limited paper manufacturing company in China, is "taking extended downtime," at the mill, spokesperson Jay Capron said Tuesday afternoon. He cited the rising cost of fiber, along with energy costs and market conditions as reasons.

Major milestone in the transformative growth investment in Uruguay.

With the company entering its next growth phase as the first manufacturer solely dedicated to decor paper, Manfred will succeed current CEO Tomas Wulkan, who has led Munksjö since 2018, first as a division of Ahlstrom-Munksjo and most recently as an independent company.

"The public deserves much more transparency from Paper Excellence..."

It is well known that Jackson Wijaya, the ultimate and sole owner of Paper Excellence, is the son of the current head of APP. In the early days, Jackson benefited from some experience gained from the family business early in his life, as well as support getting his company started. This is hardly a unique or exceptional circumstance. The situation is entirely different today. Jackson operates his Paper Excellence independently. Many stakeholders and regulators - global funding institutions, regulatory bodies and certifiers, among others - have acknowledged this reality. Paper Excellence's acquisition of Resolute was extensively reviewed under the Investment Canada Act.

The owner, Pixelle Specialty Solutions, announced last year that it planned to close the mill, which employs 230 people. It cited business and financial challenges compounded by the explosion of a pulp digester in 2020. Last month, the company announced the mill would close weeks earlier than initially anticipated.

Södra's new cross-laminated timber (CLT) facility was inaugurated on the west coast of Sweden.

Weitzel to succeed Andrew Wamser as company continues to pursue its strategic growth objectives.

Södra has decided to investigate the conditions for a new large-scale sawmill in Kinda in Östergötland. A preliminary project will be undertaken and serve as a basis for a future investment decision.

The mill employs about 230 people and is the town's biggest private employer. The owners, Pixelle Specialty Solutions of Pennsylvania, had announced in September 2022 that the mill would close, citing economic forces that made operations unsustainable. In November, the date of the closure was set at April 30.