Recent Articles

Rayonier Inc. announced that it has entered into an underground pore space easement agreement with an affiliate of Reliant Carbon Capture & Storage covering approximately 104,000 acres in Alabama.

Metsä Fibre is developing a new lignin product at its Äänekoski demo plant. The new lignin product, produced from lignin separated from the pulp process, can replace the fossil-based chemicals used in concrete production. The product is also being considered for other uses.

Serving three-year terms are Steve Henry of Domtar, Brandon Bennett of Georgia-Pacific, and Erin Raccah of Sylvamo. Anne Ayer of Sappi will serve a two-year term, while Richard Bennett of Suzano Packaging has been appointed for a one-year term.

Mikael, who most recently served as Head of Business and Operations Development at Stora Enso Skog, assumed his new role on December 9.

Jaakko Nikkilä holds the position of Executive Vice President at UPM, heading the business area Specialty Paper with global sales of around EUR 1.5 billion, until year-end.

The delivery will take place during the mill's annual shutdown in the third quarter of 2025.

Rottneros has entered into a new loan agreement with Danske Bank and Svensk Exportkredit whereby the existing long-term facilities will be refinanced. The new facilities amount to a total of 550 MSEK divided into term loan facilities of 400 MSEK in total and a revolving credit facility of up to 150 MSEK.

The company is working with an adviser as it seeks to reach an agreement, said the people, who asked not to be identified discussing confidential information. A deal hasn't been finalized and it's possible one won't be reached.

Four people had to be taken to hospital by ambulance after inhaling smoke, and in total between 10-15 people suffered smoke damage.

Metsäliitto Cooperative has signed a new EUR 200 million sustainability-linked revolving credit facility with a syndicate of eight banks. This new credit facility refinances the existing EUR 200 million facility signed in December 2018 and will be used for general corporate purposes. The facility has a tenor of five years and includes two one-year extension options.

If the Order Sought is granted by the AMF, Smurfit Westrock will cease to be a reporting issuer in the Canadian Jurisdictions and, as a result, will no longer be subject to continuous disclosure requirements under Canadian securities legislation.

The International Paper - Riegelwood Mill application has been reviewed by the DAQ, Air Quality Permitting Section in Raleigh, North Carolina to determine compliance with the requirements of the North Carolina Environmental Management Commission air pollution regulations.

When I was a little boy and dad came home from work talking about firing someone, I took it literally and was alarmed. His further explanation to clarify the firing comment was not of help. "What do you mean, you canned them?" Being burned or put in a can did not seem to be very humane to an eight-year-old. When it comes to your career, though, such actions are equivalent to the literal.

Sonoco Products Company, a global leader in high-value sustainable packaging, announced it has entered into an agreement to sell its Thermoformed and Flexibles Packaging business ("TFP") to TOPPAN Holdings Inc. for approximately $1.8 billion on a cash-free and debt-free basis and subject to customary adjustments.

The closing of the local International Paper facility affects at least 100 workers.

Mayr-Melnhof Karton AG (MM) has agreed with Evergreen Hill Enterprise, Pte. Ltd., part of an Indonesian-based privately held group of diversified companies, on the sale of 100 % of the shares in TANN Group, headquartered in Traun, Austria, for a cash and debt-free enterprise value of EUR 360 million.

Statkraft and Norske Skog Skogn have entered into a 3-year industrial power agreement for the supply of approximately 1 TWh (40 MW) during the period 2027-2029 to the company's paper mill in Skogn (Norway). Together with previous contracts, the agreement secures a significant portion of the mill's power supply at competitive terms through 2030.

Chilean forestry group Celulosa Arauco y Constitución S.A. (Arauco) will invest $4.6 billion in building a bleached eucalyptus market pulp mill in Brazil.

The International Paper Company in Georgetown will see its final production Dec. 17 and then the process of closing the plant will get under way, according to a company spokesperson.

Stora Enso said Wednesday it will record impairments totaling some 724 million euros ($760 million) in its fourth quarter, citing weaker demand and increased costs.

The Södra Foundation for Research, Development and Education has granted a total of SEK 12.5 million this year to 11 different research projects that, in a significant way, will promote the development of both forestry and forest industry operations.

For the third year in a row, MSCI awarded Huhtamaki an 'A' (on a scale of AAA-CCC) in its annual assessment. Maintaining our rating is fundamentally important for us and reflects our top-of-industry governance practices as well as our continuous work to produce more sustainable packaging through e.g. using renewable energy sources.

Joonas Kukkonen has been appointed Senior Vice President, Finland and the Baltics, and member of the company's Management Team. He reports to Metsä Tissue's CEO Esa Kaikkonen.

On December 1, 2024, Michael Rupp assumed leadership of the Recycling business unit at German machine and plant manufacturer Dieffenbacher, based in Eppingen.

Using the IFS solution, GBP will improve asset reliability by obtaining clearer visibility into asset availability, usage, and lifecycle.