Major Announcements

Curtailment extended another month for paper operations.

By building the new TMP line at Skogn, the Company ensures that it can produce on all machines without recycled fibres.

In all, 516 workers will be without jobs when the shutdown is complete, and nearly 2,000 additional loggers will have to find buyers elsewhere. The mill is expected to be closed by year's end.

SCA's new facility in Obbola, outside Umeå, Sweden, has now been inaugurated. This means that the paper mill has the world's largest machine for kraftliner and with it a significantly increased capacity to produce climate-smart packaging material.

Hans Sohlström has over 30 years of experience in business leadership, including over 10 years as CEO predominantly in the forest and renewable materials industries. Most recently he led Ahlstrom Corporation, Ahlström Capital and Rettig Group.

Ms. Khanna is currently Executive Vice President and Chief Business Leader, Personal Health, for Royal Philips, a health technology company, a position she has held since 2020, while serving on the company's Executive Committee.

Niklas Beyes is appointed CFO and a member of Ahlstrom's Executive Management Team as of September 15, 2023. Current CFO Jorn P. Jensen will leave Ahlstrom on September 15 to pursue new opportunities outside the company.

International Paper announced that Chairman and CEO Mark Sutton has requested that the Board of Directors move forward with the next phase of the company's CEO succession plan. This phase in the process will include a comprehensive evaluation of internal and external candidates for Sutton's successor. Sutton will continue in his role as chairman and CEO until his successor is in place.

New site investment will propel consumer packaging made from recycled content in support of healthier planet.

Domtar Corporation, a part of the Paper Excellence Group, announced it will indefinitely idle the pulp and paper operations at its Espanola, Ontario, facility for an expected period greater than one year. The decision will result in a curtailment of Domtar's annual pulp production by approximately 280,000 air-dried metric tons of northern bleached softwood kraft pulp and approximately 69,000 tons of specialty paper. The announcement will affect approximately 450 employees.

Metsä Group's Kemi mills are getting ready for a maintenance and connection shutdown to prepare for the deployment of the largest ever investment of the forest industry in Finland - the new bioproduct mill and paperboard mill expansion in Kemi.

He will be responsible for operating and developing the family company's production sites as well as supply chain management.

Georgia-Pacific said that approximately 525 jobs will be directly impacted by the decision to close the mill.

The Board of Directors of Norske Skog ASA has appointed Geir Drangsland as the new CEO as of 1 September. Drangsland succeeds Tore Hansesætre, who has decided to leave Norske Skog after more than 14 years in the company.

Following the rockslide and subsequent production stop at Saugbrugs PM6 (paper machine 6) in April this year, Norske Skog has decided to restart production at the previously idled PM5. The restart of PM5 allows Norske Skog to continue supplying SC magazine paper to its customers and keep its market position.

In the 18 months since the indefinite curtailment, the majority of employees took voluntary severance, and a small number chose to transfer to another Paper Excellence Canada mill. When fully operating, Catalyst Paper tiskwat employed approximately 200 people.

Nebel has extensive experience in the pulp and paper sector, having previously served as President and CEO of Verso Corporation.

Weyerhaeuser Company announced the appointment of James "Joc" C. O'Rourke, President and CEO and a Director of The Mosaic Company, to the company's Board of Directors.

After more than 12 years as the head of Cascades Specialty Products Group (SPG), President and COO Luc Langevin announced that he passed the torch on July 1st.

Alexey Chernyaev began his career with the Company in 2016.

Hank Ketcham, Chairman of West Fraser's Board of Directors, announced that Ray Ferris, President and Chief Executive Officer, plans to retire on December 31, 2023.

Ms. Baker joins Clearwater Paper with extensive finance and executive leadership experience. In her last two roles she served as CFO, first at PGT Innovations and then at Hyliion Holdings.

Timothy Hess has decided to step down from his position as President and Chief Executive Officer for health reasons, effective August 7, 2023. In addition, the Company's Board of Directors announced that following a comprehensive search process, it has selected Ross Bushnell to succeed Hess as Pixelle's President and Chief Executive Officer.

The Tacoma mill employs approximately 400 people.

Mark W. Johnson named new Chief Legal Officer and Rajeev Kapur appointed Chief Information Officer.