Recent Articles

Interfor Corporation recorded a net loss in Q2 2024 of $75.8 million, or $1.47 per share, compared to a net loss of $72.9 million, or $1.42 per share in Q1 2024 and a net loss of $14.1 million, or $0.27 per share in Q2 2023.

Mercer International Inc., a prominent player in the pulp and lumber industry, reported mixed results for the second quarter of 2024. The company's EBITDA saw a significant decrease to $30 million from $64 million in the previous quarter, primarily due to planned maintenance at two of its mills.

Glatfelter Corporation incurred a second-quarter 2024 earnings per share (EPS) loss of 35 cents from continuing operations, narrower than a loss of 82 cents per share in the prior-year quarter.

DS Smith's Recyclability Evaluation Service (RES) has launched for businesses of all sizes.

Essity Southeast Regional Human Resources Manager Bryan Dyar said the warehouse was strategically built to collapse from within, crediting the design with controlling the fire in one area.

Wilson Lumber appoints Ryan McAnally as new Marketing and Communications Manager. McAnally's digital marketing background and experience with family-owned businesses will help drive engagement, success, and retention.

Port Hawkesbury Paper, involved in paper manufacturing in North America, announces the hiring of Eric Huard as the Director of Specialty Sales.

Spinnova Plc and Valmet have signed a Partnership Agreement. According to the agreement, Spinnova has appointed Valmet as the exclusive partner to supply process equipment to Spinnova's technology customers. The exclusivity is limited in time and scope and includes an exclusivity fee based on realized project deliveries. Spinnova does not expect this to have a material impact on its 2024 financials.

In the second quarter, price and mix were favorable and input costs largely remained stable compared to last quarter.

International Paper has an integrated board and executive-level governance structure to oversee and set the tone on Environment, Social and Governance (ESG) topics across our businesses. The full board periodically reviews components of our sustainability strategy and performance including material ESG developments and issues.

Arctic Paper S.A. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported revenue was PLN 839.21 million compared to PLN 836.24 million a year ago.

A carpenters union filed a complaint with the Wisconsin Department of Justice after a lumber manufacturing company notified the state one day before it closed three plants and lay off 139 workers.

Adjusted EBITDA totaled R$6.3 billion, a 60% increase on 2Q23, reflecting higher pulp prices, favorable FX rates, increased sales volume, and reduced production costs compared to the same period last year. Operating cash generation totaled R$4.5 billion, the strongest quarterly result since 1Q23, and net revenue came to R$11.5 billion, the strongest quarterly result since 4Q22.

Learn to be more objective in your thinking and less subjective. It will create a healthier workplace environment and a better you.

By Fos, the Rat: I thought this week I would walk out on the Annual Pulp Rat Convention floor and talk to some who are not being heard by the Great Council.

Pulp and paper producer says underlying profitability remains steady despite the third quarter being seasonally the weakest

Nippon to launch household paper business in Yatsushiro Mill, primarily targeting exports.

In a statement, Oji Fibre Solutions says its Penrose mill has suffered three years of losses caused by a number of issues including rising energy costs.

Hugues Simon, who took over as president and chief executive in June, forecast third-quarter results would be stronger sequentially, driven by improved containerboard results as price increases are implemented and production efficiency levels are normalized following planned maintenance in the recent quarter as well as an unplanned extended downtime at the Bear Island and Greenpac operations.

This honor marks LP's 12th win in the 16-year history of the award program, including consecutive wins in 2022 and 2023.

Industries are increasingly adopting circularity and advanced waste treatment methods to mitigate their environmental impact. The move towards a circular economy involves systemic change and rethinking production processes to minimize waste generation, promote recycling, and extend the lifecycle of materials.

July marked the two-year anniversary of the merger of SWM and Neenah to create Mativ.

For the six months, net income was USD 3.3 million compared to USD 27.3 million a year ago.

UPM Energy makes the second phase investment in its innovative ultracapacitor project, which will further strengthen the ability of hydropower to balance the grid. The new installation will be located next to the Kuusankoski hydropower plant and is expected to be operational by summer 2025.

Vanessa Hellwing has been appointed to the ANDRITZ AG Executive Board as of January 1, 2025. She will succeed Norbert Nettesheim as Chief Financial Officer (CFO) on March 28, 2025.