Market News of Note

Kimberly-Clark expects that its common stock will cease trading on the NYSE at market close on Thursday, May 29, 2025, and will commence trading on Nasdaq on Friday, May 30, 2025.

"Most of our customers that export, especially to the U.S., really don't know what the price of their goods is going to be," said Cristian Infante, who heads Copec's forestry arm Arauco, in a presentation. "So they're trying to buy as little as possible."

Operations generated $2.8bn in 2024 in three countries with eight mills and two conversion facilities.

Revenue was $546.1 million in Q1 2025 compared to $479.4 million in Q1 2024, an increase of $66.7 million or 13.9%.

Mondi PLC reported on Thursday its profitability was robust for the first quarter of 2025, crediting a rise in sales volumes and cost-control efforts.

Suzano, the world's largest pulp producer, announces its first quarter results for 2025 (1Q25) with record net revenue of R$11.6 billion, up 22% on the same quarter last year (1Q24). The result was driven by the exchange rates, increased pulp sales volumes from the new Ribas do Rio Pardo mill, higher paper volume and prices and the positive contribution from our paperboard mills recently acquired in the U.S.

Q1 2025 operating loss of $29 million; shareholder net loss of $31 million, or $0.26 per share.

Net Loss for the quarter of $32 million, a $30 million decline from prior year quarter.

Net income of $27 million ($0.65 per diluted share) vs. $81 million ($1.94 per diluted share)

Canada and the United States have been without a softwood lumber deal since 2015 and B.C. softwood lumber exporters pay duties of 14.4 per cent with those expected to jump to 34.5 per cent in the fall.

GAAP: Net sales of $824 million, Operating income of $4 million.

Sales of $484.8 million decreased 3.1% year over year, and 0.2% on an organic basis

Sales of $1,154 million (compared with $1,211 million in Q4 2024 and $1,109 million in Q1 2024)

Adjusted EBITDA of $49 million and Net Loss of $35 million

Net sales for the first quarter of 2025 remained flat at $724 million.

Kimberly-Clark slashed its annual profit forecast on Tuesday as the Kleenex tissue maker said it would incur about $300 million in costs this year due to U.S. President Donald Trump's broad trade tariffs.

Unifor is calling for a large-scale Team Canada approach to support the forestry sector across Canada after the U.S. Department of Commerce's recent announcement that will more than double the combined duties on Canadian softwood lumber.

Last week, Rottneros issued a profit warning due to rising raw material prices, the world market's declining demand for mechanical pulp and an increasingly weaker dollar exchange rate. The Group is now giving notice of redundancy for 47 people, most of those affected are working at Rottneros Mill in Sunne.

Looking further ahead to 2027, International Paper predicts its free cash flow to be in the range of $2 billion to $2.5 billion.

U.S. President Donald Trump's tariff threat could motivate more Canadian lumber producers to shift to the U.S. southern border while accelerating efforts to find new markets, industry experts said.

The US president's proposal to increase domestic lumber production by expanding logging on federal lands faces major obstacles, including labor shortages, infrastructure deficiencies, and investment risks.

Nordic Paper is currently reviewing options for its long term financing. Due to this, the Board of Directors of Nordic Paper has decided to propose no dividend for the financial year 2024 to the Annual General Meeting to be held on 28 May 2025.

British Columbia Premier David Eby has ordered the removal of all U.S. alcohol products from BCLIQUOR stores in response to recent statements by U.S. President Donald Trump about his intention to impose tariffs targeting Canada's dairy and lumber industries.

KP Tissue Inc., part owner of Canada's largest toilet and tissue paper producer, says it won't provide guidance for its next quarter and has delayed a decision on a major capital investment because of U.S. tariffs.

The U.S. Department of Commerce has proposed increasing the anti-dumping duty on Canadian softwood lumber from 7.66% to 20.07%, nearly tripling the rate set three years ago.