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Management Side

Recent Articles

Displaying 901 - 925 of 18325 articles

UPM sales reach Euro 10.3 billion in 2024 as EBIT rises 21 percent
UPM sales reach Euro 10.3 billion in 2024 as EBIT rises 21 percent

UPM-Kymmene reports 2024 sales of Euro 10.3 billion, a 1% decrease from Euro 10.5 billion in 2023.

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Klaus Peller leaves CEO position at Syktyvkar LPK in Russia

Klaus Peller, CEO of Syktyvkar LPK, will leave his position on March 5, 2025, the company announced.

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Australia: More than 300 workers locked out at Opal paper mill in Victoria
Australia: More than 300 workers locked out at Opal paper mill in Victoria

On January 16, Opal Australian Paper locked out its entire manufacturing workforce of more than 300 workers at its Maryvale Mill in Victoria's Latrobe Valley. The company also stood down around 100 workers employed by contractors at the paper mill, with more third-party workers likely to be impacted as the lockout, now in its third week, continues.

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Contractor's fall at Sappi Somerset, Maine Mill under federal investigation
Contractor's fall at Sappi Somerset, Maine Mill under federal investigation

Company officials said the contractor was working last month at the Skowhegan mill when he was seriously injured.

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Southeastern Timber Products announces $123 million expansion in Ackerman, Mississippi
Southeastern Timber Products announces $123 million expansion in Ackerman, Mississippi

The company's expansion of its Ackerman sawmill will increase its production capacity from 120 million board feet per year to 300 million board feet per year. To facilitate the project, Southeastern Timber Products will install a new sawmill line, new dry kilns and storage facilities.

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Holmen reports 22% drop in operating profit to 3.72 billion kronor in 2024 as lower paper prices impact earnings
Holmen reports 22% drop in operating profit to 3.72 billion kronor in 2024 as lower paper prices impact earnings

The company attributes the decrease to lower paper prices and the absence of surplus electricity sales that benefited the previous year, according to Holmen's year-end financial report.

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Graphic Packaging Holding Company Reports Fourth Quarter and Full-Year 2024 Results
Graphic Packaging Holding Company Reports Fourth Quarter and Full-Year 2024 Results

Net Sales $8,807 million, versus $9,428 million in 2023

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Sonoco Products Company Receives How2Recycle Pre-Qualification for EnviroCan Metal Bottom Rigid Paper Container
Sonoco Products Company Receives How2Recycle Pre-Qualification for EnviroCan Metal Bottom Rigid Paper Container

Sonoco Products Company, a global leader in high-value sustainable packaging, has received pre-qualification to carry the How2Recycle® 'Check Locally' label for its EnviroCan® Metal Bottom rigid paper container.

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Funeral of Edilio Stefani, Chairman of the Sofidel Group
Funeral of Edilio Stefani, Chairman of the Sofidel Group

This is a tremendous loss for everyone at the Sofidel Group, who express their profound sorrow for this loss and extend their condolences to the entire Stefani family.

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Georgia-Pacific Names David Neal Executive Vice President of Building Products
Georgia-Pacific Names David Neal Executive Vice President of Building Products

Georgia-Pacific announced that David Neal, currently president of gypsum, will become the company's executive vice president of building products, effective early March. In this role, Neal will have responsibility for one of the world's leading building products manufacturers.

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Amcor misses Q2 sales estimates as weak consumer spending weighs on packaging demand
Amcor misses Q2 sales estimates as weak consumer spending weighs on packaging demand

Amcor PLC missed Wall Street estimates for quarterly revenue on Tuesday on weak demand for its containers and cartons from consumer goods companies amid a challenging macroeconomic environment.

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ANDRITZ strengthens environmental offering with acquisition of LDX Solutions

ANDRITZ has acquired LDX Solutions, a leading provider of emission reduction technologies and related services in the North American industrial market, with annual revenues of about $100 million

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International Paper and DS Smith Combine To Create The New Global Leader in Sustainable Packaging Solutions
International Paper and DS Smith Combine To Create The New Global Leader in Sustainable Packaging Solutions

International Paper and DS Smith, two of the leading producers of sustainable packaging, containerboard and pulp products, combined forces on January 31, 2025 to create a new global leader in sustainable packaging solutions, focused on the attractive North American and EMEA regions.

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AF&PA Responds to Executive Orders Imposing Tariffs on Mexico and Canada
AF&PA Responds to Executive Orders Imposing Tariffs on Mexico and Canada

The American Forest & Paper Association (AF&PA) President and CEO Heidi Brock issued a statement regarding President Donald Trump's announcement of 25% tariffs on all products from Canada and Mexico.

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Tafisa Canada appoints Gino Lévesque as new CEO

The Board of Directors of Tafisa Canada announces the appointment of Gino Lévesque as the company's future Chief Executive Officer.

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AF&PA Elects PCA's Mark Kowlzan as Board Chair; Welcomes 8 New Members

The American Forest & Paper Association (AF&PA) has introduced Packaging Corporation of America Chairman & CEO Mark Kowlzan as AF&PA's incoming Board Chair. He joined other paper and wood product industry leaders at the association's Winter Board of Directors' Meeting on January 30.

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Kadant Johnson Promotes Chad Corte to President

Mr. Corte was promoted to vice president and general manager of Kadant Johnson in July 2024. He served as vice president of finance from 2021 to 2024 and as the director of customer service from 2015 to 2021. Mr. Corte began his career at Kadant Johnson in 2007 and has held various financial, commercial, and operational roles.

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International Paper completes acquisition of DS Smith
International Paper completes acquisition of DS Smith

International Paper announced the completion of its acquisition of DS Smith plc. The combined company creates a global leader in sustainable packaging solutions.

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Veritiv Closes the Sale of its Rigid Containers Business to TricorBraun
Veritiv Closes the Sale of its Rigid Containers Business to TricorBraun

Veritiv Operating Company, a leader in specialty packaging distribution, announced that it has completed the sale of Veritiv Containers, the company's rigid packaging business (formerly All American Containers) to TricorBraun.

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Smurfit Westrock closing Illinois facility
Smurfit Westrock closing Illinois facility

A notice that a Smurfit Westrock facility in Illinois is closing has been filed and that will result in 88 jobs disappearing.

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Edilio Stefani, Chairman of the Sofidel Group, suddenly passed away
Edilio Stefani, Chairman of the Sofidel Group, suddenly passed away

This is a tremendous loss for everyone at the Sofidel Group, who express their profound sorrow for this loss and extend their condolences to the entire Stefani family.

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RRD Finalizes Acquisition of Williams Lea to Strengthen Business Services
RRD Finalizes Acquisition of Williams Lea to Strengthen Business Services

RRD, a global provider of marketing, packaging, print and supply chain solutions, today announced that it has successfully closed on the strategic acquisition of Williams Lea, a provider of tech-enabled business services to financial, legal and professional services firms worldwide. The acquisition was first announced December 20, 2024.

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SCA to hike kraftliner prices by € 90 per tonne
SCA to hike kraftliner prices by € 90 per tonne

The new price is valid from March 1, 2025.

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Metsä: Lambi Celebrates 60 years of good and soft choices
Metsä: Lambi Celebrates 60 years of good and soft choices

This year Metsä Group's tissue paper brand Lambi celebrates 60 years of bringing softness and quality into homes across Nordics.

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Weyerhaeuser quarterly profit slumps as higher costs weigh on timber business
Weyerhaeuser quarterly profit slumps as higher costs weigh on timber business

Weyerhaeuser reported a sharp drop in fourth-quarter profit on Thursday as it struggled with higher forestry and road costs in its timberlands unit due to wet weather conditions.

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Displaying 901 - 925 of 18325 articles

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