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Showing 8 articles from April 24, 2026.

Industry News

Essity plans price hikes to offset energy costs after small profit beat in Q1
Essity plans price hikes to offset energy costs after small profit beat in Q1

Hygiene products maker Essity reported slightly better ​than expected first-quarter core earnings on Thursday, as higher volumes offset lower ‌prices, and said it planned to hike prices to offset rising energy costs.

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Packaging Corp. Q1 Earnings Beat Estimates on Pricing and Mix
Packaging Corp. Q1 Earnings Beat Estimates on Pricing and Mix

Net sales rose 10.6% year over year to $2.37 billion but missed the consensus mark of $2.41 billion by 1.9%.

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Sonoco's Q1 2026 performance shows $67.6 million in net income
Sonoco's Q1 2026 performance shows $67.6 million in net income

Net sales stood at USD 1.7 billion, slightly down by 1.9 per cent compared to the same period in 2025. The decline was mainly due to the divestment of its ThermoSafe packaging business, along with lower volumes. However, price increases and favorable exchange rates provided some support.

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Weyerhaeuser targets $1 billion profit gain with AI forestry tools
Weyerhaeuser targets $1 billion profit gain with AI forestry tools

Weyerhaeuser plans to use artificial intelligence across logging, replanting, trucking and mill operations as it seeks to add $1 billion in annual profit by 2030 without relying on higher lumber prices.

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Leading Stories

Interfor to indefinitely curtail operations at two Ontario sawmills
Interfor to indefinitely curtail operations at two Ontario sawmills

Interfor will indefinitely curtail operations at its Nairn Centre facility in Nairn & Hyman Township, about 55 kilometres west of Sudbury, and at its Gogama facility, about 190 kilometres north of Sudbury, in Ontario. In a statement issued April 23, the company cites weak market conditions, U.S. softwood lumber duties and other trade actions, and ongoing cost pressures.

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Lecta Group CEO retires as company splits into three entities
Lecta Group CEO retires as company splits into three entities

Gilles Van Nieuwenhuyzen will retire as Chief Executive Officer of the Lecta Group on 30 April, following the successful recapitalization of the group and its division into three operationally and financially separate companies. The announcement comes as the 67-year-old executive steps down after navigating significant market, energy and geopolitical volatility during his tenure.

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SCA Obbola to complete PM2 vibration monitoring installation in December 2026
SCA Obbola to complete PM2 vibration monitoring installation in December 2026

The project started in February 2026 and is scheduled for completion in December 2026.

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Smurfit Westrock Chelmsford manufacturing site set to close with roughly 74 job losses
Smurfit Westrock Chelmsford manufacturing site set to close with roughly 74 job losses

Approximately 74 employees will be impacted by the closure, the firm said on Thursday (April 23). The warehouse on Widford Industrial Estate in Chelmsford manufactures and supplies corrugated sheet board to customers across the UK. They support a wide range of markets, including food, drink and cosmetics.

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