Recent Articles

UFP Industries, Inc. (UFPI) announced Q3 2024 results including net sales of $1.65 billion, net earnings attributable to controlling interest of $100 million, and earnings per diluted share of $1.64.

Greif, a global leader in industrial packaging, has announced the launch of EnviroRAP™, an innovative 100 percent recycled paperboard designed for the food industry. EnviroRAP offers exceptional resistance to oil and grease, making it suitable for packaging both aqueous and fatty foods. Its water-based, recyclable, and repulpable coating ensures it can be easily recycled, further reducing its environmental impact and supporting sustainability efforts.

The benefits for Metsä Group's contract customers will get even better when Metsä Group reforms its price guarantee method for wood trade, making it more transparent.

UPM Biochemicals, Selenis and Bormioli Pharma have partnered to produce the world's first pharmaceutical bottles made from partially wood-based PET.

Sappi Europe has achieved GMP+ Feed Safety Assurance (FSA) 2020 certification for its Lignin manufacturing site in Germany where Pelletin and NuryGuard are produced.

As earlier announced, the value of the order for Valmet is over EUR 1 billion.

Stora Enso secures wood supply for its Oulu packaging board site by acquiring Finnish sawmill company Junnikkala Oy. The acquisition, valued up to Euro 137 million, aims to ensure cost-efficient wood sourcing and bolster Stora Enso's wood products segment. Closing conditions include regulatory approvals, with completion expected by mid-2025.

Canfor Corporation recorded an operating loss of $560 million in the third quarter of 2024, reflecting intensified challenges across its lumber and pulp segments.

Weyerhaeuser Company reported Q3 net earnings of $28 million, or 4 cents per diluted share, on net sales of $1.7 billion. This compares with net earnings of $239 million, or 33 cents per diluted share, on net sales of $2.0 billion for the same period last year and net earnings of $173 million for Q2 2024.

Ahlstrom, a global leader in fiber-based specialty materials, is proud to announce the launch of Lipid Saver™, a new solution designed for collecting, transporting, and storing fatty acids from whole blood samples.

In the third quarter of 2024, net sales for the Södra Group amounted to SEK 6,944 million (6,545), up 6 percent compared with the year-earlier period. Operating profit totalled SEK 937 million (410), representing an operating margin of 13 percent (6). Return on capital employed was 10 percent (12) and the equity ratio was 61 percent.

Metsä Board Corporation has initiated change negotiations regarding potential temporary layoffs at its paperboard and BCTMP mills in Finland. These talks will impact approximately 1,100 employees across seven mills: Joutseno, Kaskinen, Kemi, Kyro, Tampere, Simpele, and Äänekoski.

The company's announcement on Iowa's Worker Adjustment and Retraining Notification, or WARN, website states the Waukee facility will shut down Jan. 10, idling 88 workers.

Segezha Group has launched an extensive reverse engineering program to maintain and upgrade its industrial equipment at Segezha Pulp and Paper Mill, the company announced in its Telegram channel.

Rayonier Advanced Materials Inc., a leader in High Purity Cellulose, today announced that its Jesup, Georgia facility has fully resumed operations ahead of schedule, following an isolated fire on October 11. All production lines have returned to producing on-grade material at full capacity..

Suzano S.A. has announced the resignation of its Executive Vice President of Finance and Investor Relations, Marcelo Feriozzi Bacci, effective November 30, 2024.

Huhtamäki, a global producer of food and beverage packaging, reported net sales in line with expectations in the third quarter. Operating profit was worse than expected.

Following the fire at Mondi's Stambolijski mill (Bulgaria) on Tuesday 24 September 2024, the Group has announced that it will permanently close the mill.

The strong third quarter results were mainly driven by increased sales volume and higher average selling prices of exported products, with a favorable contribution from exchange rates.

Aligned with the company's strategic sustainability framework, Everyday Responsibility, the report details sustainability work and initiatives spanning three distinct yet equally important pillars: Resource Stewardship, Trusted Products, and Thriving People and Communities.

Every manufacturing facility I have ever known has energy in the tare. What is tare? Pallets, drums, totes, tires, empty trucks and so forth. Pallets, drums, totes, and (used) tires (P,D,T &T) are considered a nuisance. Empty trucks may be another matter.

Paper Excellence Group announced the operational integration of the recently acquired Domtar Corporation (and other legal entities) and Resolute Forest Products with the legacy Paper Excellence business, forming a leading, unified forest products company in North America. This integration represents a strategic alignment of the companies' strengths, resources and expertise, creating a stronger organization poised for future growth and innovation, while maintaining the highest levels of environmental stewardship. Together, the companies will now be doing business as Domtar.

UPM Specialty Papers and Michelman have co-created three cutting edge solutions that are designed to allow brand owners to replace multi-material, non-recyclable packaging with paper-based alternatives that meet their requirements for food contact and recyclability.

West Fraser Timber Co. Ltd. announced third-quarter results for 2024, reporting a loss of $83 million compared to a $105 million profit in the second quarter. The company's sales fell to $1.437 billion, marking a 16% decline from the prior quarter's $1.705 billion. Adjusted EBITDA stood at $62 million, down from $272 million in the second quarter​​.

UPM Biomedicals, the forerunner in producing high quality nanofibrillar cellulose for medical and life science applications, announces the launch of FibGel™--a natural injectable hydrogel for permanent implantable medical devices.