Recent Articles

Based on the strategic review, the Board of Directors of UPM has approved a demerger plan concerning a partial demerger of UPM. According to the demerger plan, UPM will demerge so that all assets and liabilities of UPM relating to the UPM Plywood business area, or mainly serving the UPM Plywood business area, are transferred to WISA Group Plc ("WISA Group"), a company to be established in the demerger (the "Demerger").

BTG Pactual Timberland Investment Group (BTG Pactual TIG), one of the world's largest timberland managers, announced the close of fundraising for its Latin American Reforestation Strategy, reaching US$1.24 billion in commitments.

The move will likely require the companies to offer concessions such as asset sales to address the competition concerns.

Curated color collection designed for coastal aesthetics and proven performance.

Metsä Group reported a comparable operating result of Euro 4 million for the Q1 2026, compared to Euro 81 million in the same period last year, due to muted demand for market pulp in Europe and China, lower delivery volumes, and the negative impact of US import tariffs.

PepsiCo, Givaudan, Statkraft and Smurfit Westrock announce a renewable energy initiative enabled by the pep+ REnew program, supported by Statkraft, to reduce emissions across Europe.

The quarter was characterized by geopolitical challenges, unfavorable currency effects, and weather-related disruptions in North America. Cash flow showed a marked improvement, with all segments contributing positively.

Companies were selected through a comprehensive screening process that included both public and private U.S.-headquartered organizations with revenues exceeding $500 million.

Net loss of $13 million, or $0.80 per diluted share versus net loss of $6 million, or $0.38 per diluted share in the first quarter of 2025.

Delivered strong earnings growth and free cash flow in dynamic quarter.

Net income decreased 32.3% to $12.6 million or $0.22 per diluted Class A share compared to net income of $18.6 million or $0.32 per diluted Class A share.

Timi Hyppänen, who previously served as SVP, Strategy, will continue his career outside the company.

In his new role, Elwart will oversee commercial strategy, sales integration, and innovation initiatives across the foodservice segment, including the alignment of Georgia-Pacific and Anchor Packaging sales teams.

Anna Karin Hatt has chosen to withdraw her candidacy at her own request.

Paper manufacturer settles federal lawsuit charging it with sexual harassment at its Inola, Oklahoma plant and firing the woman after she complained.

The Board will decide separately on the commencement and length of any possible earning period for each key employee.

UPM-Kymmene reported first-quarter revenue in line with expectations, while adjusted operating profit came in ahead of forecasts.

Valmet will start change negotiations in Finland on May 4 under the Finnish Co-operation Act that may include temporary layoffs of less than 90 days, with possible layoffs implemented from June 2026 through the end of December 2026.

Boise Cascade Company pleaded guilty to a felony violation of the Lacey Act for its role in a timber trafficking scheme that evaded countervailing and anti-dumping duties on plywood imported from China.

Keeps annual forecast intact as personal care products demand holds up

On April 28, 2026 the European Commission announced the opening of a Phase II investigation, which is a normal step in the Commission's merger review process in cases where initial concerns have not been fully resolved during Phase I.

Unifor is calling for urgent, coordinated action from all levels of government following Interfor's announcement that it is indefinitely curtailing operations at its Nairn Centre sawmill.

A $35 million USD investment brings advanced air-knife coating technology and sterile medical packaging capabilities to Southeast Asia, further strengthening a healthcare regional supply chain.

Holmen reported that operating profit declined to SEK 827 million in January-March from SEK 988 million a year earlier as construction demand stayed weak and consumers remained cautious. Profit after tax totalled SEK 618 million, and earnings per share were SEK 4.0.

In 2025, dramatic changes in the external environment had a significant impact on Södra's profitability and results.