Leading Stories

Weyerhaeuser Company reports it completed two timberland acquisitions valued at $459 million and advanced three divestitures of non-core properties totaling $410 million in expected proceeds. The company confirms the third divestiture will close in early 2026 and expects the total cash inflow from all sales to exceed the funds spent on the acquisitions.

The measure will result in the reduction of approximately 180 positions through unfilled vacancies, voluntary agreements, and redundancies.

Smurfit Westrock plans to permanently close a corrugated sheet and box facility in California, and 141 employees will be affected, according to a company worker adjustment and retraining notification letter the state.

The company posted a net loss of $1.10 billion, or $2.09 per share, for the quarter ended September 30, compared with a profit of $150 million, or 43 cents per share, a year earlier.

Net sales of $4.2 billion were in line with prior year with organic sales growth of 2.5 percent offset by divestitures and business exits.

Domtar is proud to celebrate its one-year anniversary of uniting under a single brand: Domtar - The Fiber for the Future. The year has been one of expansion, achievement and living Domtar's new values.

Company's stock prices drop as solid bleached board continues to be oversupplied.

UPM-Kymmene reported a 47% decline in comparable EBIT to Euro 153 million in the third quarter of 2025 as weak global pulp and paper demand and elevated wood costs continued to pressure earnings. Group sales fell to Euro 2.3 billion, down from Euro 2.5 billion a year earlier.

The Florida Department of Environmental Protection is reporting that International Paper in Cantonment spilled nearly 2 million gallons of treated wastewater and stormwater into Elevenmile Creek after heavy rain.

The Ireland-headquartered company now expects full-year adjusted core earnings (EBITDA) to rise by between 4% and 8.5% to between $4.9 billion and $5.1 billion, from a previous $5.0 to $5.2 billion range.

Chris Stoicheff with the mill said there are no reports of injuries. It is unknown how the fire started.

Workers claim Ahlstrom shaved time and miscalculated overtime, sparking a class action in Wisconsin.

Beach has partnered with prominent recycling and manufacturing company Visy through a new two-year natural gas supply contract.

Separately, this week other defendants filed individual and collective motions to dismiss the containerboard price collusion lawsuit.

Union head expects shift reduction, extended layoff of 25 workers come November.

M.Sc. (Econ.) Anssi Tammilehto has been appointed Chief Financial Officer (CFO) and member of the Corporate Leadership Team of Metsä Board Corporation. He will start in the new position no later than February 2, 2026, and will report to CEO Esa Kaikkonen.

A fire broke out Monday, Oct. 20, inside a wood pellet storage dome operated by Enviva at the Port of Pascagoula, triggering emergency efforts to control the incident and protect surrounding infrastructure.

The acquisition includes Anchor Packaging's four manufacturing facilities in Jonesboro, Marmaduke and Paragould, Arkansas, and Janesville, Wisconsin, and the headquarters office in St. Louis, Missouri. Operated by approximately 1,250 employees, Anchor Packaging and its facilities now become a wholly owned subsidiary of Georgia-Pacific in the acquisition.

The Skookumchuck, B.C., mill's latest $62,950 in environmental penalties is the third major enforcement action against the Kootenay facility this year.

A new lawsuit is accusing the Kimberly-Clark Corp., a producer of paper goods for household brands such as Huggies, Kleenex and Scott, of contaminating local water sources, including the Housatonic River, with dangerous "forever chemicals" over the course of decades.

Separately, this week other defendants filed individual and collective motions to dismiss the containerboard price collusion lawsuit.

The Memphis-based company announced it is partnering with Infosys for its IT needs at its Packaging Solutions North America business.

Spain-headquartered Saica Group says the $110 million project, covering the space of roughly six American football fields, should open by the end of 2026. It could employ more than 100 people once it's at full capacity. It will also serve as a backup plant for Saica Pack in the Cincinnati suburb of Hamilton, Ohio, enhancing the company's U.S. supply chain security.

According to court documents, the tragic incident occurred on July 1, 2025, when Akayinode drove to her job at the USG Corporation mineral plant in Galena Park, a suburb of Houston, leaving her daughter inside the vehicle for more than eight hours.

The U.S. Senate Committee on Agriculture, Nutrition, and Forestry has approved the Fix Our Forests Act (S. 1462) by an 18-5 vote. This bipartisan legislation aims to reduce the frequency and severity of catastrophic wildfires, expedite forest management projects, and address legal and regulatory barriers to timely wildfire response.