Lecta has announced the spin-off of its Self-Adhesives business unit from Torraspapel S.A.U. This spin-off will be effective as of January 1, 2025. It entails ​the creation of the new company Lecta Self-Adhesives España, S.L.U., which will take over all activities, agreements and commercial relationships relating to the Lecta's self-adhesives business, including all its self-adhesive products. This strategic decision reflects Lecta's transformation and specialization of the Lecta Group that has taken place in recent years, which already envisaged the spin-off of its distribution business in Southern Europe and is now focused on its self-adhesive materials unit. With this new structure, Lecta seeks to optimize the management and profitability of the business through specialization, increase production efficiency and analyze and adapt the opportunities of each business unit to market demands and the needs of its customers.

Total packaging papers & specialty packaging shipments in December increased 2% compared to December 2024. They were up 1% when compared to the same 12 months of 2024. The bleached operating rate increased slightly from November to 74.5% but remained below the year-to-date rate of 75.1%. Capacity was down 2.6% for the year. Unbleached bag & sack shipments were down 2.6% from last December, and down 2.2% year‑to‑date. Total inventories were up 6% from the same month last year.

GreenFirst Forest Products Inc. is pleased to announce that it has successfully completed the previously announced decentralization of its lumber mill and paper mill operations. In connection with the decentralization, Terry Skiffington has been engaged as Chief Executive Officer of the paper mill division. Mr. Skiffington is a skilled executive with a broad range of experience in the pulp and paper sector in Canada and globally. The strategic decision to decentralize the businesses and management is expected to improve the ability to focus on the unique aspects of each business, provide for more efficient decision-making processes and to allow for increased entrepreneurialism and cost-control measures.