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Showing 11 articles from March 24, 2025.

Industry News

Higher wood prices and a continued weak market affect Rottneros' financial results in the first quarter
Higher wood prices and a continued weak market affect Rottneros' financial results in the first quarter

The continued rise in the prices of wood raw materials, the negative market development, especially for CTMP pulp produced in Rottneros Mill, and a weaker USD, have had a negative impact on the Rottneros Group's financial performance in the first quarter of 2025.

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Mayr-Melnhof Group's fiscal year 2024 sales down 2 percent
Mayr-Melnhof Group's fiscal year 2024 sales down 2 percent

The decline in adjusted operating profit to Euro 190.0 million after Euro 229.2 million in 2023 was mainly caused by the division MM Food & Premium Packaging.

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Metsä Group celebrates sustainability successes at the 2025 Sustainability Awards
Metsä Group celebrates sustainability successes at the 2025 Sustainability Awards

Metsä Group's tissue paper business, Metsä Tissue, in partnership with the Cleaning & Services Support Association, has celebrated and recognised the cleaning and hygiene industry's commitment to sustainability in its 2025 Sustainability Awards.

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SIB & GP PRO Team Up to Drive Productivity with KOLO® Smart Monitoring System--Reducing Waste & Enhancing the Guest Experience
SIB & GP PRO Team Up to Drive Productivity with KOLO® Smart Monitoring System--Reducing Waste & Enhancing the Guest Experience

SIB Fixed Cost Reduction (SIB), a leader in strategic cost reduction and operational optimization, has announced a partnership with GP PRO, a division of Georgia-Pacific and a provider of advanced restroom and hygiene solutions, to showcase the KOLO® Smart Monitoring System, an IoT-driven technology designed to redefine facility management.

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Stora Enso planted or delivered over 62 million tree seedlings in 2024
Stora Enso planted or delivered over 62 million tree seedlings in 2024

In its annual report, Stora Enso reports the seedlings planted in own forests or delivered to other forest owners: a little over 20 million of the seedlings end up in our own forests in Sweden, and more than 19 million were planted on private forest owners' lands in Sweden, Finland, Norway, and the Baltics.

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Sylvamo Partners with ENGIE to Produce Renewable Electricity
Sylvamo Partners with ENGIE to Produce Renewable Electricity

Sylvamo, the world's paper company, is partnering with ENGIE, a Brazilian low-carbon energy company, to create renewable electricity at wind farms.

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The Board of Directors of Nordic Paper proposes no dividend to the AGM but considers opportunity for a potential extraordinary dividend later in 2025
The Board of Directors of Nordic Paper proposes no dividend to the AGM but considers opportunity for a potential extraordinary dividend later in 2025

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.

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Leading Stories

Fire at Felix Schoeller Paper in Pulaski, New York
Fire at Felix Schoeller Paper in Pulaski, New York

Crew says the fire was fully contained in about 80 minutes. No injuries were reported in the event of the fire.

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Greenpeace activists disrupt Metsä Board meeting in Helsinki
Greenpeace activists disrupt Metsä Board meeting in Helsinki

Activists from Greenpeace Norden held up banners and played bird sounds through speakers to interrupt proceedings multiple times. They called on the company to adopt a clear and comprehensive policy ensuring that no wood from old-growth or natural forests is used in its products.

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Tariffs may accelerate Canadian lumber industry's southward shift, hunt for new markets
Tariffs may accelerate Canadian lumber industry's southward shift, hunt for new markets

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.

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Supplier News

Valmet opens new office in Tikkurila, Vantaa

Valmet's new premises in Tikkurila, Vantaa, have been completed. Nearly 700 Valmet employees in Finland, mainly from Järvenpää and partly from Vantaa's Hakkila office, have moved into the new premises in early spring.

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