Leading Stories

In its announcement, Pratt predicted the investment would lead to 5,000 new jobs across the US, including in key electoral states Arizona, Michigan, Ohio, and Pennsylvania.

Once fully ramped up, the machine will produce 420,000 tonnes of high-quality recycled containerboard annually, increasing Mondi's integration and enhancing security of supply for customers.

Vanhanen will resign from the Board when he assumes his position as CEO.

The laboratory is expected to be completed by the end of 2025, and the investment value is approximately EUR 6 million.

The mill, which produces consumer tissue products, is adding a warehouse and building a new trailer yard.

In the information presented at the meeting, Kimberly-Clark said the proposed plant is expected to create 491 full-time positions and generate $49,100,000 in new annual payroll by Dec. 31, 2030.

Nordic Paper has decided to approve environmental investments of up to SEK 450 million relating to water at the Bäckhammar pulp and paper mill in Sweden. The investments are prerequisites in a new production permit for increasing production volume above the level permitted today.

Amcor plc has announced a significant milestone in its strategic acquisition of Berry Global Group, Inc. The European Commission has unconditionally approved the merger, a crucial step towards finalizing the transaction. This approval, granted on April 25, 2025, paves the way for the merger to proceed, with an expected closing date of April 30, 2025, contingent upon the fulfillment or waiver of remaining closing conditions.

Rengo Co., Ltd. announces that it has invested in KINKI DANBORU CO., LTD. through third-party allocation and acquired a 28.6% share of the company.

Huhtamaki has acquired Zellwin Farms, a privately-owned business located in Zellwood, Florida in the United States. The $18 million enterprise value transaction will support Huhtamaki's growth within the molded fiber industry, specifically for egg cartons and egg flats.

Stora Enso plans to implement a new organisation with seven P&L responsible business areas reflecting the importance of its core business of renewable packaging in the business portfolio. The new flatter and streamlined organisation will increase customer focus, drive operational efficiency with increased integration, reduce complexity and enhance the Group's performance culture.

The agenda released by the authority includes Kimberly-Clark as one of the "New Projects" to be discussed. No specific details about the project were included in the agenda.

"The mill does not make products that are in high demand these days," said Jim Thompson, a Georgia-based paper industry consultant who grew up in Highland County, which is directly west of Chillicothe. "That's the basic problem." Thompson also said the site will be difficult to redevelop.

Operations generated $2.8bn in 2024 in three countries with eight mills and two conversion facilities.

Southeast Asia's Royal Golden Eagle (RGE) and Asia Pulp & Paper Co (APP), as well as Brazil's Suzano SA are the final bidders for Kimberly-Clark's international tissue business valued at around $4 billion, four people said.

The negotiations will affect approximately 100 senior salaried and directors working in UPM Plywood business organization, business functions and global functions in Finland.

Kimberly-Clark slashed its annual profit forecast on Tuesday as the Kleenex tissue maker said it would incur about $300 million in costs this year due to U.S. President Donald Trump's broad trade tariffs.

Through the BC Manufacturing Jobs Fund (BCMJF), the Government of British Columbia, Canada, is contributing as much as $11 million toward four forestry-sector capital projects in the province.

Columbia Falls firefighters responded to a fire in the hot oil room of the Weyerhaeuser MDF plant early Thursday morning, April 17.

The Simpsonville location specializes in corrugated packaging solutions and warehousing services.

One of the potential suitors, Indonesia's Asia Pulp & Paper, has sought a $2 billion loan for its acquisition bid, according to a Bloomberg News report last week.

The JV aims to develop Malaysia's first integrated pulp production facility, with an annual capacity of 150,000 tonnes.

Senator Moreno announced this morning that the closure initially set for June 13th, 2025 has been delayed until the end of the 2025 calendar year. Congressman Taylor applauded Senator Moreno's advocacy and the resulting delay in the mill's closure.

Ohio Governor Mike DeWine has issued a series of action steps following the recent announcement by Pixelle Specialty Solutions that they plan to close their Chillicothe paper mill in the coming months.

Stora Enso announced in October 2024 that it would acquire the entire share capital of sawmill and processing company Junnikkala.