Recent Articles

This increase is necessary to maintain the viability of Sappi's business, the actual amount will depend on the product.

Mike Brown, Executive Vice President of Wood Products, will retire effective May 3, 2024.

Mondi is increasing production of paper-based EcoWicketBags at its plant in Szada (Hungary), leveraging the Group's integrated value chain, from in-house paper production to coating and converting.

Effingham County Fire Rescue says they'll continue to fight a lumber yard fire into the night, this after crews have been there most of Sunday afternoon, Feb. 18.

The transaction value is approximately $700 million, based on Adjusted EBITDA of approximately $100 million.

Last spring, the board of the Rottneros Group decided to invest 93 MSEK in a solar park and energy storage.

Södra and the construction company SSEA will build 12 apartments in Malmö in a new pilot project in sustainable construction. The project, which is carried out on behalf of MKB Fastighets AB, aims to halve the climate impact by, among other things, using cross-glued wood.

Macpherson's resignation is not due to a disagreement with the Company on any matter relating to its operations, policies or practices.

Young's decision is not due to any disagreement with the Company on any matter relating to its operations, policies or practices.

Valmet's board of directors has appointed Thomas Hinnerskov president and CEO of Valmet, and he will start in the position during the second half of the year. Hinnerskov succeeds Pasi Laine, who will continue as the president and CEO of Valmet until his successor starts.

Andritz has received an order from Moorim P&P, South Korea, to upgrade an evaporation plant at its Ulsan mill, which produces bleached kraft pulp and different types of high-quality paper.

The measurements will be delivered during the Q4 2024.

The Supreme Administrative Court of Finland dismissed the appeal made against the environmental permit package for Metsä Group's Kemi bioproduct mill, as well as the appeal regarding the decision on the environmental permit package issued by the Vaasa Administrative Court on November 14, 2022.

Nearly 100 workers lost their jobs at Mohawk Fine Papers, Inc., when the company announced an immediate shutdown during a meeting with employees on Tuesday afternoon.

Interfor announced that it will indefinitely curtail its sawmill operations in Philomath, Oregon. This curtailment is in response to persistent high log costs in the region and ongoing weak lumber market conditions.

Jerry Seinfeld has an old joke that goes like this. He is out driving in a rural area. He passes a log truck. Then he meets a log truck coming towards him. He asks, "If the people over here need logs and the people over there have logs, couldn't they just call each other up and avoid driving these logs all over the place?" It got a big laugh. Of course, real life is not this simple.

Metsä Group's tissue and greaseproof paper business is investing in three new state-of-the-art converting lines for folded and rolled tissue paper to its mill in Mariestad, Sweden. The investment will enable large scale high quality hand towel production in Scandinavia. In addition it entails efficiency and energy savings as well as improved working environment and safety.

Enviva, the leading exporter of wood pellets in the United States, is on the brink of filing for Chapter 11 bankruptcy following a significant misjudgment in future commodity prices, which led to substantial financial losses. Maryland-based company might proceed with the bankruptcy filing by the end of this week, pending the expiration of a 30-day grace period due to a missed $24 million interest payment to bondholders, according to reports.

The goal of the multi-year cooperation is to increase the effectiveness of emission reductions and to find completely new ways to reduce greenhouse gas emissions.

UPM's Board of Directors has approved the commencement of new plans for the period 2024-2026 within the company's two long-term share incentive arrangements: the Performance Share Plan and the Deferred Bonus Plan.

The company has earned recognition from the esteemed business magazine seven times.

Stora Enso has, as a forest industry forerunner, developed a science-based framework to verify net positive impact on biodiversity.

Members at more than four dozen WestRock locations across 24 states voted in December to ratify a new four-year master agreement covering more than 5,500 USW members.

Valmet, a provider of technologies, automation, and services for the pulp, paper, and energy sectors, has commenced negotiations on February 15, 2024, aimed at restructuring its Services and Paper divisions within the EMEA (Europe, Middle East, Africa) territory.