Sappi and UPM have today announced the signing of a non-binding letter of intent to form a non-listed, independent 50/50 Joint Venture for graphic paper. This Joint Venture will bring together Sappi’s European Graphic Paper business with UPM’s Communication Papers business in Europe, the UK and the US. Sappi and UPM will sell their respective businesses and assets mentioned below to the newly formed Joint Venture with a combined enterprise value of €1,420 million excluding the value of the expected synergy benefits. At closing the Joint Venture will raise debt to fund the purchase prices payable to Sappi and UPM respectively. The Joint Venture’s dividend policy will be to distribute all excess cash to its shareholders.   The Sappi business is valued at €320 million which, based on an FY2025 EBITDA of €64 million represents a 5x multiple. Sappi will transfer pension and other liabilities of €53 million and net assets valued at €267 million to the Joint Venture. In return Sappi will receive cash of €139 million and 50% shareholding in the Joint Venture.   The UPM business is valued at €1,100 million, which represents a 4.6x multiple of the last reported 12 months to September 2025 EBITDA. UPM will transfer pension and other liabilities of €360 million and net assets of €740 million to the Joint Venture. In return UPM will receive cash of €613 million and 50% shareholding in the Joint Venture.  Sappi will contribute the following assets: Gratkorn Mill (Austria); Ehingen Mill (Germany), Maastricht Mill (The Netherlands), and Kirkniemi Mill (Finland); as well as Sappi Europe’s wood supply Joint Ventures. UPM will contribute their Communication Papers business assets which are located at the following UPM mills: Augsburg (Germany), Schongau (Germany), Nordland paper lines 1 and 4  (Germany),  Rauma including UPM RaumaCell (Finland), Kymi (Finland), Jämsänkoski paper line 6 (Finland), Caledonian (United Kingdom), and Blandin (United States of America).

Domtar, which owns the mill, cited the lack of available fibre and poor pricing in global pulp markets for the shutdown. The Crofton pulp and paper mill, a fixture in the region since 1956, is closing permanently. Domtar, which owns the mill, cited the lack of available fibre and poor pricing in global pulp markets for the shutdown, which will put 350 employees out of work. The company said the mill will cease operations on Dec. 15, but will continue to employ workers at the site until February. It said it is exploring possibilities for the property, including putting the site up for sale. The closure follows the curtailment of the mill’s paper machines in late 2024, which sidelined more than 100 workers. Steve Henry, Domtar paper and packaging president, said Tuesday the Crofton mill has faced challenges for some time. “Over the last 18 months, Crofton employees worked hard to reduce operational costs, and they made some extraordinary gains,” Henry said in a statement. “Unfortunately, continued poor pricing for pulp and lack of access to affordable fibre in B.C. necessitate the closure.”

From November 10 to 21, 2025, nations and organisations gathered in UN’s annual climate conference COP30 to discuss global climate action, including nature and communities. This year, the conference took place in Belém, Brazil, and Stora Enso was proud to be part of the Finland Pavilion. We partnered with Veracel, our Brazilian joint-operation with Suzano, that produces eucalyptus pulp for the needs of a circular bioeconomy. Now as a week has gone past since COP30, it’s time to take look at some of our key takeaways. Session 1: Resilient communities – Mitigating climate change impacts on livelihoods Session 2: Forest restoration – From incremental gains to systematic impact Session 3: Towards net positive impact on nature – Using science-based metrics to measure biodiversity gains

Monadnock Paper Mills has appointed Andrew Manns as Chief Executive Officer, following the planned leadership transition initiated by the late Richard G. Verney. Manns brings 30 years of experience with Monadnock, joining the company in 1995 as Vice President of Finance and serving as Chief Financial Officer and Treasurer before being personally requested by Verney to lead the company as CEO.

Suzano’s new pulp mill in Ribas do Rio Pardo, Brazil, which operates entirely with ANDRITZ technology, has reached its nominal production capacity of 2.55 million metric tons of bleached pulp per year in record time. After just three months of stabilization following start-up, the mill entered a production ramp-up and reached nominal capacity within one year – a new benchmark in the industry. This milestone establishes the mill as one of the largest and most efficient pulp production facilities in the world.

China’s paper industry is undergoing a profound transformation characterized by a dramatic surge in production capacity, which is set to reshape the global pulp and paper market landscape in 2025 and beyond. In coastal hubs like Shandong and Guangxi, new large-scale paper production facilities are coming online led by top manufacturers such as Sun Paper and Huatai Group, both of which are pursuing ambitious integrated production strategies. Sun Paper’s state-of-the-art Beihai base and Huatai’s major new project in Shandong are just two examples due to commission by late 2025, which will further consolidate China’s dominance in global paper output. Zhiyan Consulting reports that from January to August 2025, China’s machine-made paper and paperboard output achieved 106.659 million tons—a year-on-year increase of 2.7%—demonstrating the rapid growth trajectory and scale of operations now standard in the industry.

Kruger Products has unveiled plans to build a new state-of-the-art tissue facility in the western United States, a major investment designed to support the company’s fast-growing U.S. consumer tissue business. The announcement accompanied the company’s third-quarter financial release. The project includes a modern through-air-dry (TAD) machine and associated converting lines, with an estimated annual capacity of 75,000 metric tonnes. Production is expected to begin in 2028. Kruger Products has invested more than $1 billion in Canadian manufacturing since 2018, and the new U.S. site marks the next phase of its North American expansion strategy. The facility will enhance service to U.S. retailers and strengthen the company’s position in the premium and ultra-premium tissue categories.

Following the strategic review, the Board of Directors of Stora Enso has decided to initiate preparations for the separation of the Swedish forest assets business of Stora Enso into a new publicly-listed company through a statutory partial cross-border demerger, expected to be completed during the first half of 2027. All shares in the new company would be wholly owned by Stora Enso's shareholders. The separation of the Swedish forest assets was assessed to be the best alternative to enhance focus on respective businesses’ core strengths and market opportunities, maximising operational and shareholder value, as well as to reduce group complexity. It intends to create Europe's largest listed pure play forest company, comprising over 1.2 million hectares of forest land in Sweden with a fair value of approximately EUR 5.7 billion as of 30 September 2025.

Sylvamo outlined its global strategy and operational priorities in its third-quarter 2025 financial report, emphasizing initiatives to strengthen efficiency, reduce costs, and secure long-term competitiveness across its worldwide operations. Following International Paper’s decision to convert its Riverdale, Alabama, mill to containerboard, Sylvamo confirmed that its supply agreement will remain in effect until May 2026. The mill is expected to deliver approximately 260,000 short tons of uncoated freesheet in 2025 and 100,000 short tons in 2026. After the agreement ends, Sylvamo plans to leverage production from its European mills and additional Eastover capacity to maintain supply to U.S. and Mexican customers. Sylvamo remains singularly focused on uncoated freesheet paper, the largest and most resilient segment of the graphic paper market. By reinforcing its core business and investing in operational excellence, the company aims to deliver consistent earnings, reliable cash flow, and enduring shareholder value.

West Fraser announced that it will permanently close both its Augusta, Georgia and 100 Mile House, British Columbia lumber mills by the end of 2025 following an orderly wind-down. The decision is the result of timber supply challenges and soft lumber markets. The 100 Mile House lumber mill is no longer able to reliably access an adequate volume of economically viable timber. Challenging softwood lumber demand, higher duties and additional tariffs have compounded this situation. The mill closure will impact approximately 165 employees at the site and reduce West Fraser's capacity by 160 million board feet. The closure of the Augusta lumber mill is a result of challenging lumber demand, and the loss of economically viable residual outlets, which combined has compromised the mill's long-term viability. The closure will impact approximately 130 employees at the site and reduce West Fraser's capacity by 140 million board feet.

Billerud announced that the North American operations will meet EUDR compliance effective December 1, 2025. Aaron Haas, Sr Vice President of Marketing stated "We expect to be able to provide compliant due diligence statements and GeoJSON files for newly manufactured product starting December 1st. For customers that have requested EUDR information, EUDR data files will be generated the first week of December for shipments invoiced starting on December 1st. EUDR information will be communicated via emails generated after the time of shipment."

Sappi Europe, a leading producer of high-quality graphic papers, announced a general price increase of 5-7% across its Coated Mechanical portfolio, effective from 1 January 2026 This adjustment is driven by a continued escalation in key input costs and the need to ensure the long-term financial sustainability of our operations. Despite significant internal efficiency programs and cost-saving initiatives, the industry continues to face a structurally elevated cost environment. Costs related to energy, transport, labour, chemicals, and fibre remain at levels that materially impact production economics.  "The cost situation has not reverted to pre-crisis levels, and the paper value chain continues to operate under inflationary pressure. At the same time, profitability in coated mechanical reels remains unsatisfactory and below the level required to justify ongoing investment and secure future supply. This price adjustment is therefore necessary to continue serving our customers reliably and sustainably." said Antti Makkonen, Sales Director Graphic Papers

Voith and Wuzhou Special Paper have successfully commissioned the new PM 21 specialty paper machine in Hanchuan, Hubei Province. It is the world's widest machine for the production of release paper. The machine, supplied entirely by Voith, demonstrates the technology group's leading role in the field of high-quality specialty papers. With a working width of 8.100 meters at the reel, the PM 21 produces around 300,000 tons of specialty paper per year with basis weights ranging from 35 to 120 g/m² – primarily lightweight glassine base paper. Release paper is often used in everyday life to protect sticky surfaces, e.g., in separation applications. The base paper must meet specific requirements in terms of tear resistance, tensile strength, transparency, dense sheet structure, and low surface absorbency. It is characterized by a non-stick surface, which is achieved by coating it with silicone.

Asia-Pacific's tissue and household paper sector is undergoing a period of unprecedented consolidation and transformation in 2025, propelled by a series of landmark mergers and acquisitions that are fundamentally reshaping regional competitive dynamics, supply chain control, and sustainability strategies. The region, long characterized by rapid market growth and aggressive capacity expansions, now faces a new reality where scale, integration, and environmental stewardship are critical to achieving long-term profitability and operational resilience. The two most prominent moves this year are the USD 3.4 billion joint venture between Brazil's Suzano and Kimberly Clark, and the complete integration of Vinda International Holdings (now part of Indonesia’s Royal Golden Eagle, RGE group) following Indonesian tycoon Sukanto Tanoto’s USD 3.3 billion acquisition in late 2023. These transactions position their respective entities as dominant pan-Asian players: the Suzano-Kimberly Clark alliance forms a global tissue leader with 22 manufacturing sites across 14 countries, covering key Southeast Asia markets and holding about 1 million tonnes of annual capacity, while Vinda’s absorption into RGE achieves vertical integration spanning plantation supply, pulp production, and finished household tissue and hygiene products.

The European paper market is witnessing a period of dynamic growth and transformation in 2025 as regional manufacturers, technology providers, and supply chain stakeholders adapt to rapidly changing consumer demands, regulatory mandates, and global supply chain pressures. According to the latest industry analysis, the Europe paper market size stood at 71.14 million tonnes in 2025 and is projected to reach 87.84 million tonnes by 2030, reflecting a compound annual growth rate (CAGR) of 4.31%. This trajectory highlights robust demand across packaging, hygiene, printing, and specialty sectors, with sustainability and resource efficiency emerging as dominant drivers shaping investment, manufacturing processes, and product innovation. A major catalyst for the sector's expansion is the European Union's decisive regulatory push toward circular economy goals. The EU mandates that all packaging placed on the market must be recyclable or reusable by 2030, creating a surge of demand for fiber-based packaging materials. Packaging manufacturers and converters are accelerating the adoption of advanced de-inking, closed-loop recovery, and process automation systems to maximize yields from recycled fiber sources and track regulatory compliance.

Kimberly-Clark Corporation (NASDAQ: KMB), a global personal care leader, and Kenvue Inc. (NYSE: KVUE), a global consumer health leader, today announced an agreement under which Kimberly-Clark will acquire all of the outstanding shares of Kenvue common stock in a cash and stock transaction that values Kenvue at an enterprise value of approximately $48.7 billion, based on the closing price of Kimberly-Clark common stock on October 31, 2025. The total consideration represents an acquisition multiple of approximately 14.3x Kenvue's LTM adjusted EBITDA1 or 8.8x including expected run-rate synergies of $2.1 billion, net of reinvestment. This transaction brings together two iconic American companies to create a combined portfolio of complementary products, including 10 billion-dollar brands, that touch nearly half the global population through every stage of life. The combined company, with teams of talented people around the globe, will harness a superior commercial engine – fueled by strategic customer partnerships, category-defining growth, industry-leading science and innovation, a differentiated digital model, best-in-class marketing and a culture of operating excellence – to unlock the full potential of the combination and better meet the evolving needs of consumers.

Kruger has once again halted newsprint production at its Corner Brook Pulp and Paper mill in Newfoundland and Labrador, eastern Canada, this time due to historically low water levels at the Grand Lake reservoir that have forced a temporary shutdown effective Monday, November 3. The company declared force majeure, citing extremely low precipitation in Newfoundland and Labrador that has left Deer Lake Power unable to supply enough energy to keep the mill running. The shutdown will remain in effect until water levels recover, with workers reassigned to other duties in the meantime. Kruger said it will manage customer needs by "leveraging inventories to minimize disruption"

Although box shipments ticked up in September and early October, full-year volumes are now expected to be down, executives said on Thursday’s earnings call. “The North American team is facing headwinds that we didn’t expect, but we’re being aggressive with the realities of that. We’re getting after it,” said International Paper CEO Andy Silvernail during the company’s third-quarter earnings call Thursday. “In Europe, it’s been a tough market, no doubt about it.” Specifically, “the soft market has cost more than $500 million in profit this year alone,” he said. September box shipments were up 1% year over year, and that trend continued into October, said CFO Lance Loeffler.

Domtar marked the first anniversary of its unification under the single brand “Domtar – The Fiber for the Future,” reflecting a year of strategic growth, environmental stewardship, and strengthened partnerships across North America. In its statement, the company emphasized the progress made since integrating the former Paper Excellence, Domtar Corporation and Resolute Forest Products businesses under one brand. John Williams, Non-Executive Chairman of Domtar’s Management Board, commended the teams’ efforts over the past year, calling it “an important moment to recognize the milestones that define our first year as one company.” Domtar received multiple honors during the year, including the AF&PA Leadership in Sustainability Award for Water Management, recognition by Corporate Knights among the 25 most sustainable private companies, and awards from the National Recycling Coalition and Crayola for corporate leadership and renewable energy initiatives. The company also aligned its corporate policies on environment, sustainability and Indigenous relations, reinforcing its shared values and guiding principles across all divisions.

As reported by Fastmarkets, International Paper (IP) and Sylvamo reached a new agreement that will see IP continue supplying uncoated freesheet (UFS) paper to Sylvamo from its Riverdale, Alabama, mill until April 30, 2026. Under the revised terms, IP will maintain supply to Sylvamo through the end of April 2026, with a wind-down period in May. The supply agreement is set to terminate on May 30, 2026, unless it is further extended.

Sappi Europe announced in July the commencement of a consultation process for the potential closure of Paper Machine 1, Paper Machine 4, Offline Coater 2 and Sheet Finishing at its Alfeld Mill in Germany. The consultation process, aimed at improving the mill’s profitability and cost competitiveness, has been completed, resulting in the final closure of the assets. The closures will lead to a reduction of approximately 180 positions, to be realised through a combination of unfilled vacancies, voluntary agreements, and, where necessary, redundancies. Sappi is committed to managing this process in a responsible and considerate manner.

The formal takeover of the new containerboard machine PM1 at Norske Skog, Golbey in France was completed during the 3rd quarter, marking a major step in the group’s long-term transformation from publication paper to packaging paper production. Norske Skog expects full utilization during the first half of 2027.

Billerud recorded another strong quarter in North America, where favourable market dynamics and increasing customer interest following the US import tariffs supported growth. In contrast, the European operations continued to face difficult conditions due to muted packaging demand, cost inflation and structural overcapacity in board grades. In North America, local production remains a key competitive strength, ensuring high-quality products with short and predictable lead times. Currency-neutral net sales increased by 4%, and the EBITDA margin reached 16%. Demand for graphic and label papers remained strong, and the company reported growing customer interest in its new packaging materials, Tribute® and Voyager™, which have seen accelerating deliveries from the Upper Michigan mills. In Europe, market conditions remained weak across all product segments except market pulp. The board sector continued to suffer from overcapacity and declining demand. Maintenance stops and higher fixed costs further weighed on performance, leading to an EBITDA margin of 10% for the quarter.

China’s General Administration of Customs (GACC) announced important new regulations tightening the importation of recycled paper pulp, an action reverberating through the Asian pulp and paper industry and the global recovered fibre trade. Under the directive, all importers must now officially declare whether imported recycled pulp has been produced using a dry or wet process. This targeted policy shift is China’s response to ongoing concerns over improper importation channels and attempts to disguise unprocessed waste paper as legally compliant pulp. For context, recycled wet pulp is manufactured via the disintegration, cleaning, and beating of waste paper, then formed into compressed, dewatered blocks. Dry-milled pulp, however, is processed by crushing waste paper into small fragments and compressing them into dense bales, a method that generally lacks rigorous purification, disinfection, and sterilization steps.

Smurfit Westrock was dismissed Monday from a price-fixing lawsuit against numerous major paper and packaging companies. The antitrust case continues against other defendants, a list that includes Smurfit Kappa and WestRock, the companies that combined last year to create Smurfit Westrock The defendants — which include Cascades, Georgia-Pacific, Graphic Packaging International, Greif, International Paper, Packaging Corporation of America and Pratt Industries — collectively filed a motion on Monday to dismiss the case on the grounds of plaintiff Artuso Pastry’s “failure to state a claim.” Separately, Packaging Corporation of America and Pratt Industries each filed their own motions to dismiss. Artuso’s responses to the motions to dismiss are due in December, and the defendants will have until January to submit reply briefs.

INTERFOR CORPORATION announced revised operating plans for the fourth quarter of 2025. Due to persistently weak market conditions and ongoing economic uncertainty, Interfor will further temporarily reduce lumber production across its operations in British Columbia, Ontario, the US Pacific Northwest and the US South. These curtailments are expected to reduce lumber production in the fourth quarter of 2025 by approximately 250 million board feet, or 26%, as compared to the second quarter of 2025, which reflected a more normal operating stance. The curtailment volumes are approximately evenly split between Interfor’s Canadian and U.S. operations.

Condat paper mill will file for protection with the Commercial Court in Bordeaux on October 22 to facilitate the search for potential buyers, while safeguarding jobs. Since 2019, the Group has invested heavily to modernise the site with a state-of-the-art glassine paper line and a new biomass boiler. Despite these major upgrades, successive market crises have significantly impacted Condat’s financial stability. Through this legal procedure, Condat aims to temporarily freeze its debts—which are held mostly by the Group —and work with the Court to identify solutions that ensure business continuity and preserve employment. Production at the Condat site will continue as normal during the procedure, maintaining the quality of service to its customers and safeguarding jobs.

The Kapuskasing paper mill is resuming operations, after securing funding from the federal and provincial governments. At the end of September, Kap Paper announced it would start the idling process because it no longer had the money to keep running without more government support. Most of the 350 mill workers were sent home, while about 2,500 forestry workers in the area also faced possible layoffs. On Friday, Minister of Jobs and Families, Patty Hajdu announced the federal government is giving Kap Paper a $10 million conditional repayable loan through FedNor’s Northern Ontario Development Program. It’s also giving an additional $2 million conditional repayable contribution through the Regional Economic Growth through Innovation Program. Additionally, the Ontario government said Friday it is providing the company a $16.8 million dollar loan to support its continued operation. That money is on top of a $10 million provincial loan Kap Paper received in January 2025.

Sappi has once again earned a place on the prestigious Forbes magazine and Statista World’s Best Employers list for 2025 (#289 globally and #5 in South Africa) as well as the World’s Top Companies for Women list for 2025 (#144 globally and #2 in South Africa). These recognitions reaffirm Sappi’s continued commitment to creating an inclusive, engaging and purpose-driven workplace - one where people feel valued, empowered and inspired to grow. The dual recognition highlights the company’s strong international standing, as well as its leadership within the local business landscape and across its sector.

To meet the growing demand in the North American market, Sofidel, tissue paper group headquartered in Lucca (Italy) and one of the world’s leading manufacturers of paper for hygienic and household use – known especially in Italy and Europe for its Regina brand – today announces a new investment to further expand its production capacity in the United States. The investment includes the installation of a Valmet TAD (Through-Air-Dried) paper machine with an annual production capacity of 75,000 metric tons, along with related converting lines – for an equivalent production capacity – for the manufacture of finished products. The location for the new investment, intended to be within one of Sofidel’s existing facilities, has not yet been finalized. Overall, the Sofidel Group now operates 14 production sites across 11 US states – Idaho, Nevada, Arizona, Oklahoma, Minnesota, Illinois, Mississippi, Florida, Ohio, South Carolina, and North Carolina – and has a corporate office in Horsham, Pennsylvania. In just over 10 years, the Group has become the fourth-largest tissue producer in the North American market and one of the leaders in the Private Label sector.

Rayonier  and PotlatchDeltic  announced that they have entered into a definitive agreement to combine in an all-stock merger of equals, creating a leading domestic land resources owner and top-tier lumber manufacturer. Based on the closing stock prices of Rayonier and PotlatchDeltic on October 10, 2025, the last business day prior to the execution of the agreement, the combined company is expected to have a pro forma equity market capitalization of $7.1 billion and a total enterprise value of $8.2 billion, including $1.1 billion of net debt. Upon completion of the transaction, the combined company will become the second-largest publicly traded timber and wood products company in North America and will be well-positioned to capitalize on an improving housing market as well as opportunities in higher-and-better-use (HBU) real estate and land-based / natural climate solutions. The combination will bring together two leading land resources companies, leveraging significant timberland and real estate expertise as well as operational excellence in lumber manufacturing. Together, the combined company will have a productive and diverse timberland portfolio comprising approximately 4.2 million acres, including 3.2 million acres in the U.S. South and 931,000 acres in the U.S.  Northwest.

As the United States solicits feedback on the U.S.-Mexico-Canada Agreement ahead of the deal’s review next year, manufacturers are mulling how they can minimize their exposure to tariffs. Cross-border trade in North America has already gone through a series of changes, first with the scrapping of the North American Free Trade Agreement for USMCA in 2020, then with 25% tariffs placed on imports from Canada and Mexico earlier this year. A tariff exemption was granted for USMCA-compliant goods, although levies on non-qualifying imports from Canada now face a 35% duty. Mexico and Canada are the U.S.’ largest trading partners, with the country importing $505.5 billion and $411.9 billion worth of goods from the countries in 2024, respectively. The tariff exemption has led many firms already manufacturing in and sourcing from the two nations to reevaluate their products to see what qualifies. Some have seen increased business or a competitive advantage due to their existing compliance with USMCA. But the tariff situation has been too fluid to prompt major moves for manufacturers with global supply chains, according to trade consultants and attorneys.

Norske Skog continues its efforts to increase revenue from the growing packaging market. At the same time, Norske Skog operates in the publication paper market with declining demand for parts of the group's product portfolio. The markets have been characterised by overcapacity and low margins for a long period, while the industry also experiences challenging framework conditions. Significant inflation in energy and raw material prices has put further pressure on profitability. As a result, Norske Skog has conducted a thorough review of its entire cost base. This process has identified several cost-reducing opportunities and more efficient organisation of operations. Following this, a number of measures have been implemented to reduce the group's costs and improve competitiveness. Among the measures are downsizing of operational and support functions across all units of the group by up to 200 full time employees during the period from 2025 to 2027. Part of the downsizing will occur through natural attrition and hiring freezes.

A nitrile glove manufacturer will take over the shuttered mill in Chillicothe, one local source and one state government source have shared with the Statehouse News Bureau. U.S. Medical Glove Company, an Illinois-based company, is currently closing on the sale of the site, each source said. The sale is not yet reflected in the Ross County Auditor’s Records. The move could come with as many as 550, likely non-union, jobs—and manufacturing of surgical and exam gloves and boxes for gloves could start as soon as three weeks from Thursday.

Cascades Inc. announces that it has reached an agreement to sell its Flexible Packaging plant activities to Five Star Holding ("Five Star") based in Houston, Texas. The $31 million transaction is effective immediately. Cascades' will retain ownership of the site real estate. Located in Mississauga, Ontario, Flexible Packaging is Cascades' only plant that manufactures printed flexible plastic packaging and films. The sale reflects Cascades' commitment to continuously advance its operations, commercial approach and business model, in order to deliver the most value to its customers. The Company has found a buyer with both the expertise and a broader asset network to realize the plant's growth potential. The Flexible Packaging operations employs 45 people, all of which will be retained by Five Star at closing. Cascades will work closely with Five Star to ensure a smooth ownership transition for employees, customers, and suppliers. The transaction includes a supply agreement between the two parties to ensure the continued production and supply of the flexible film that is used by Cascades' Tissue and Packaging sectors. Cascades announces the sale of its Flexible

GreenFirst Forest Products Inc. (TSX: GFP) (“GreenFirst” or the “Company”) welcomes encouraging signs of progress as the Government of Canada and the Province of Ontario work toward a path forward to support near-term stability for Kap Paper Inc. and the broader forestry sector in Northeastern Ontario. Kap Paper has publicly shared that discussions with both levels of government are progressing well and that a restart plan is being developed. While details are still being finalized, the positive momentum provides hope for workers, contractors, and communities across the region. With this encouraging progress, GreenFirst is preparing to resume operations at its Kapuskasing, Hearst and Cochrane mills during the week of October 6, helping to protect jobs and maintain critical supply chain connections while partners continue working toward a long-term solution. “We thank both the Government of Canada and the Province of Ontario for their constructive engagement and support for the forestry sector,” said Joël Fournier, GreenFirst’s CEO.

End of July, UPM announced plans to permanently end paper production in Kaukas and to shift its coated mechanical paper production in Finland to UPM Rauma mill. The employee consultation processes have now been completed. Paper machine 1 in Kaukas will be permanently closed during Q4. The reduction of personnel is 220. Following the closure, coated mechanical paper production capacity will be reduced by 300.000 tonnes annually. UPM’s pulp, sawn timber and biofuels production and R&D activities at UPM Kaukas integrate will continue as before.

Italy’s paper and self-adhesive label materials manufacturer Fedrigoni group intends to restructure and create three independently operating companies. According to information from the relevant Italian trade unions, the group is to be split into three companies and a holding company in line with the current division of business areas – paper, labels and RFID. In a brief statement, Fedrigoni confirmed the decision which would allow for “greater flexibility” and “facilitate future extraordinary transactions”.

Metsä Group has announced statutory negotiations that may lead to the loss of 800 permanent jobs, with 540 of them in Finland. The move follows a cost-saving programme aimed at securing €300m in annual savings as the forestry company struggles with weak demand and mounting losses. The company said the cuts will affect all its business areas and group operations. No factories are expected to be shut down, but the measures include restructuring, changes in duties, and efficiency improvements across procurement, logistics and the wood supply chain. The preliminary breakdown of planned reductions in Finland includes around 140 jobs in Espoo, 70 in Äänekoski, 60 in Kemi, 40 in Simpele, 35 in Lappeenranta and Joutseno, and a further 190 spread across other locations. The company employs about 9,600 people globally, including 5,600 in Finland. Metsä Group has reported losses this year, with both pulp and paperboard prices at low levels. Timber has also been affected, while wood raw material costs in Finland remain high. “Employees have done good work within our current operating model. Unfortunately, it isn’t enough in this situation. We must tackle the things that are in our own hands and shape our operations to ensure long-term competitiveness,” Vanhanen said.

Greif, Inc.  a global leader in industrial packaging products and services, announced today that it has completed the previously announced sale of its timberlands business to Molpus Woodlands Group, on behalf of clients, for approximately $462 million after adjustments. “The closing of this sale reinforces the commitment of Greif to pursue the highest return on invested capital across our portfolio.” said Ole Rosgaard, President and CEO of Greif. “Combined with the recently completed sale of our containerboard business, these cash proceeds are expected to put our leverage ratio below 1.2x, strengthening our balance sheet and providing significant interest savings heading into fiscal 2026.”

Savannah’s International Paper mill closed Tuesday, a difficult day for the hundreds of workers who lost their jobs. “This was kind of thrown on us. I wasn’t happy about it,” Mayor Van Johnson said, reflecting on the August announcement that the company was closing mills in Savannah and Riceboro, sending shock waves through the community. Johnson also praised how quickly partners rallied in recent weeks. “The community responded admirably,” he said. City and regional agencies emphasized immediate help, including a multi-county job fair to connect employees with new opportunities.

Stora Enso has completed the divestment, announced in May, of approximately 175,000 hectares of forest land, equivalent to 12.4% of its total forest land holdings in Sweden, for an enterprise value of SEK 9.8 billion, equivalent to EUR 900 million. The buyers are Soya Group (40.6% ownership), and a MEAG-led consortium (44.4%). MEAG is the asset manager of Munich Re, a German insurance company. Stora Enso will retain a 15% ownership in the company. Following the divestment, Stora Enso retains over 1.2 million hectares of forest land in Sweden, with a fair value of approximately EUR 5.6 billion as of 30 September 2025.

A paper mill in northern Ontario will begin winding down operations after failing to secure immediate financial support from the federal government, the company announced Monday. Kap Paper said it has received $50 million in loans from the Ontario government, which helped provide short-term stability. It said it had approached Ottawa for funding, but the timing "doesn't appear to be aligning" for a solution to keep the Kapuskasing mill open. A spokesperson for Kap Paper said about 420 people are employed directly through the company and a total of 2,500 jobs in the region depend on its operation. The provincial government said it has provided Kap Paper with millions to help cover operating expenses and is "disappointed" that the federal government has failed to join in providing immediate support.

Known as Project NextGen, the mill’s modernization plans include a new recovery boiler, steam turbine and generator to produce up to 145 MW of renewable energy. The mill’s increased capacity will create more than 600 new jobs in the province’s forestry supply chain. Saint John Mill is owned and operated by Irving Pulp & Paper, one of New Brunswick’s largest employers and exporters. The Canada Infrastructure Bank (CIB) has reached financial close on a $660 million loan to Irving Pulp & Paper to support the large-scale modernization of the company’s pulp mill in west Saint John, New Brunswick. Enabled by the CIB’s partnership, the modernization project consists of replacing 1970s era technology with current best-available solutions to improve productivity and maintain mill competitiveness within the sector. This includes a new recovery boiler, steam turbine and generator to produce up to 145 megawatts of renewable energy.

Stora Enso is growing its portfolio of premium packaging materials with the launch of Ensovelvet, a new uncoated solid bleached sulfate (SBS) board with velvet-like smoothness on both sides. It is developed for luxury applications such as cosmetics, perfumes, and other premium consumer goods. Designed to meet demand for natural and renewable solutions in luxury packaging, Ensovelvet offers a unique combination of a natural uncoated surface, excellent stiffness, and reliable folding performance. This bright, premium SBS board provides an enhanced sensory experience while ensuring excellent printability. It is especially well-suited for cosmetics packaging, perfumes, and other high-end applications where touch and appearance are equally important. Ensovelvet complements Stora Enso’s flagship Ensocoat board, together forming a complete SBS carton range for brand owners and converters seeking versatility across coated and uncoated applications. Both boards are recyclable, supporting the shift towards circular packaging solutions.

EUDR Continues to Pose a Critical Trade Risk for U.S. Paper Manufacturing American Forest & Paper Association (AF&PA) President and CEO Heidi Brock reacted to the European Commission’s proposal to delay implementation of the European Union Deforestation-free Regulation (EUDR): “AF&PA welcomes a delay and urges the EU to use this period to address more fundamental problems with the EUDR beyond IT system limitations. EUDR is, and continues to be, a non-tariff trade barrier for U.S. forest product exports into the EU. Additional changes are needed to address this regulation and the disproportionate and unworkable obligations on the U.S. pulp and paper industry, which is recognized by the EU as a negligible risk to global deforestation.  “The EUDR, which has been identified as a non-tariff trade barrier by the U.S. Trade Representative, risks over $3.5 billion in annual forest products exports to the EU.

UPM-Kymmene Corporation’s Board of Directors has decided to initiate a strategic review of UPM Plywood business area to assess options for maximizing the long-term potential of the Plywood business in an evolving market environment. The strategic review includes a range of possibilities, including a potential separation from UPM through for example a divestment, partial demerger or initial public offering. The aim is to determine the best path forward for the Plywood business, while also benefiting the value creation for UPM’s shareholders. “UPM has transformed into a material solutions company with a broad portfolio of attractive businesses. We continuously evaluate opportunities across the portfolio to ensure full value creation potential. The decision to initiate a strategic review of UPM Plywood reflects our commitment to position each UPM business for long-term success,” says Massimo Reynaudo, President and CEO of UPM.

Since December 2024, Stephen DeClercq has been going to work at Georgia-Pacific’s corrugated plant in Milan, Michigan. That might seem unusual considering the plant closed in 2024, and DeClercq retired in December following 41 years with G-P. But the company tapped him to be part of its new initiative to fill labor gaps by bringing retirees back into the workforce. For the last nine months, DeClercq has been part of the program and serves as the caretaker at the shuttered Milan plant until it sells. G-P contacted him due to his command of his previous role as the plant’s superintendent. “When they first asked me about it, I told them I didn’t think so. They asked me again and I decided to go ahead and give it a shot,” DeClercq said. “It’s a good opportunity.” Program organizers place retirees into positions at G-P — including business units besides packaging, such as lumber and tissue — and other companies owned by parent Koch. They’re encouraged by the early results from the Retiree Talent Network, which launched in November 2024. The initiative is one way manufacturers increasingly are thinking outside the box to attract and keep talent as ongoing manufacturing labor shortages show no signs of easing.

Billerud has decided to launch a cost saving program targeting annualized savings of SEK 800 million. The planned cost savings will affect Billerud’s European operations and Group functions globally and will include reduction of up to 650 positions. Due to the weakened market conditions in Europe, which has resulted in a negative profit trend, Billerud has decided to launch a cost saving program targeting annualized savings of SEK 800 million. The planned cost saving program is expected to have a noticeable positive impact from the first quarter of 2026, and to reach full effect at the end of 2026.

At our site in Schwedt/Oder, we are building a new, innovative straw fibre production plant together with our partner OutNature, a brand of PreZero (Schwarz Group). This marks an important milestone for sustainable paper production and opens up exciting prospects for the future. Straw offers a number of advantages as a raw material for fibre production. As a by-product of agricultural grain processing, it does not require any additional cultivation areas. Furthermore, cultivation in Germany contributes to short transport routes, which reduces emissions. Straw fibres make it possible to dispense with fresh wood fibres and, thanks to their excellent strength properties, contribute to the production of comparable paper qualities. LEIPA plans to use straw fibres in combination with waste paper at its Schwedt/Oder site. We currently process over one million tonnes of waste paper per year in Schwedt to produce various types of paper for packaging and graphic applications. The core of the straw fibre production plant consists of a BioTrac plant from Valmet. Test results show that the strength properties of straw fibres significantly exceed those of waste paper, which is an exciting development.

UPM Communication Papers is expanding its logistics presence in the United States through a renewed shipping partnership and new port operations. Starting next year, UPM will continue its long-term freight agreement with Dutch shipping company Spliethoff, maintaining regular shipments from Europe to Jacksonville, Florida. A new port contract with Enstructure, effective this autumn, will additionally enable deliveries to Wilmington, Delaware. "These agreements reflect our strong commitment to the North American market and reinforce our promise to deliver reliable and efficient service to our customers across the region," says Gunnar Eberhardt, Executive Vice President, UPM Communication Papers. On January 1, 2026, UPM will renew its long-standing collaboration with Spliethoff, one of Europe’s largest and most experienced shipping companies. For over 25 years, Spliethoff has reliably transported a broad range of UPM business area offerings - including products from UPM Communication Papers, Specialty Papers, Plywood, and Fibres - from Europe to global markets.

Michelman, Cincinnati, Ohio, is expanding its DigiPrime® Vision series with a newly developed primer designed to support pressure-sensitive label applications on HP Indigo 6K and 8K Digital Presses. This latest addition reflects Michelman’s ongoing commitment to innovation and responsiveness to evolving customer needs. Engineered to enhance operational flexibility, the primer demonstrates improved runnability, a broader operating window and simplified maintenance—while maintaining the trusted substrate compatibility and performance standards of the DigiPrime family. “Our development efforts have focused on delivering a solution that aligns with the practical demands of press operators and converters,” said Lisa DiGate, vice president, Global Digital Printing at Michelman. “We’re looking forward to engaging with customers through expanded field trials to validate performance across diverse production environments.” Michelman’s portfolio of water-based, PFAS-free primers supports a wide range of HP Indigo Digital Presses, from the 6K to the 200K and V12. Like its predecessors, the new primer is designed with sustainability and compliance in mind, including suitability for food contact applications and compatibility with recycling processes.

On Sept. 10, 2025, Voith broke ground on a multi-million-dollar project that will expand and modernize its roll service center in West Monroe, Louisiana – adding more than 20 new jobs and supporting the local economy. In addition to expanding capacity, the investment into the facility will enhance logistical processes, supporting a faster and more seamless service experience for Voith customers. The size of the roll service center will increase by almost 50% – adding workspace as well as a dedicated training center to support the critical hands-on training of skilled trade experts in the industry. The Voith facility offers a wide variety of roll services for customers who are in the papermaking industry. Services offered include operations and optimization of products; mechanical roll services such as rebuilds, grinding, balance and vibration analysis; roll coverings; roll and part replacements, as well as spreader roll rebuilds and repairs.

The American Forest and Paper Association (AF&PA) announced that on September 5, President Trump signed an Executive Order (EO) making changes to EO 14257 from April. The new EO outlines what products and materials can enter the U.S. duty-free (zero percent tariffs). Three wood pulp tariff codes were added to the list. Pursuant to this new EO, imported wood pulp will come into the U.S. duty-free — an important development in the long-term trade and tariff policy discussion. This new list is meant to capture products and materials that are not produced in the U.S. — or not produced at scale. AF&PA has continuously made this argument for specific kinds of wood pulp, such as bleached eucalyptus kraft or BEK. What's Next? The EO also added a variety of items to Annex III, which will act as a 'potential' list of items that could be added to the duty-free list in the future, depending on trade talks. Importantly, this new EO also delegates authority to add items to the duty-free list to USTR and Commerce.

Voith, the leading full-line supplier, has successfully completed the PM 6 rebuild project for Stora Enso in the northern-most university city in Europe, Oulu in northern Finland. The modernized plant will now achieve an impressive annual capacity of 750,000 tons of high-quality folding boxboard and coated kraft back (CKB), at a wire width of 9,000 mm. It was important to Stora Enso that the rebuilt line offers optimal production efficiency while also meeting the highest environmental standards, in particular with regard to excellent heat recovery.  “Thanks to Voith Paper’s expertise, we are now able to produce an impressive 750,000 tons of high-quality coated primary fibre board,” said Matti Lielahti, Mill Manager at Stora Enso in Oulu.

Perdue Hill, Ala. - Georgia-Pacific announced a new capital project for the company’s Alabama River Cellulose mill in Perdue Hill, Alabama. The $800 million investment will modernize, expand and streamline the facility’s production capabilities. The project, scheduled to begin in the fourth quarter of 2025 and conclude in 2027, will enhance and expand essential manufacturing equipment. This is expected to augment the mill’s operational efficiency and increase its production capacity by about 300 tons per day. Close to one million tons of fluff and market pulps will be produced yearly at the mill. A state-of-the-art digester, new pulp dryer and a more efficient power boiler will be installed. Modifications and upgrades will also be made to the brown stock washing and recausticizing systems, recovery boiler, evaporators and lime kiln. Once the project is completed, the Alabama River Cellulose mill will be the largest and one of the most technologically advanced softwood pulp mills in the U.S.

Over the last year, International Paper has conspicuously undergone a business overhaul under the guidance of CEO Andy Silvernail, who launched the streamlining initiative shortly after taking the top role in May 2024. Silvernail dug into what’s behind the changes, and the differences between the United States and European markets, during a Sept. 4 session at the Jefferies Industrials Conference. IP launched the 80/20 optimization plan in 2024, prompting series of changes. “It’s actually kind of breathtaking when you look at the number of actions that we have taken and the impact that we’ve had,” Silvernail said. As a recent example of the numerous adjustments, Silvernail cited the three announcements that IP simultaneously made on Aug. 21: the sale of its global cellulose fibers business to private equity firm American Industrial Partners for $1.5 billion; the closure of four sites in Georgia, including two mills, that will affect 1,100 hourly and salaried employees; and investing $250 million to convert the No. 16 machine at the Riverdale mill in Selma, Alabama, to produce containerboard instead of uncoated freesheet. The Savannah and Riceboro containerboard mills in Georgia are “aged or strategically inferior assets. And in our business, strategically inferior assets are simply a problem” with “terrible returns on capital,” he said. Keeping Savannah open would have required major repairs with a cost of roughly $300 million, and still that wouldn’t have produced the desired returns down the line, Silvernail said. Instead, the $250 million investment in Riverdale is not only cheaper on the front end but also will have notably better returns, he explained.

Pixelle Specialty Solutions, the owner of the Spring Grove paper mill, announced the appointment of Julie Schertell as the company's new CEO, according to a release. Schertell was appointed to replace former Pixelle CEO Ross Bushnell, who the company said had stepped down to "pursue new opportunities." Bushnell had been CEO since 2023, according to prior releases. In the release, the company shared that Schertell had most recently served as president and CEO of Mativ Holdings, and has more than 30 years of operational and commercial experience. Schertell had led a merger of Neenah Inc., where she previously served as president and CEO, which merged with Schweitzer Mauduit International and resulted in the creation of Mativ Holdings, according to the release.  The Spring Grove papermill became part of Pixelle Specialty Solutions in August of 2018 during a $360 million sale from P.H. Glatfelter to private equity firm Lindsay Goldberg. Pixelle Specialty Solutions is an affiliate of Lindsay Goldberg, and took over operation at Glatfelter's facilities during the sale. The Spring Grove paper mill itself dates to 1852, originally founded as the Spring Forge Paper Mill within a former iron forge, which had given the town its original name: Spring Forge. In 1863, local entrepreneur Philip H. Glatfelter purchased the Spring Forge Paper Mill at an orphan’s court sale for just $14,000. In the years that followed, the town would be renamed from Spring Forge to Spring Grove.

The milestone, achieved on September 4, 2025, further consolidates the site’s role as the company’s largest and most important production hub worldwide. The new Valmet DCT 200 machine adds 70,000 tons of annual capacity, bringing Circleville’s total output to more than 200,000 tons per year. With this expansion, Sofidel’s global production capacity rises to 1,983,000 tons annually. The $185 million investment, first announced in 2023, included both the construction of the new building and installation of the state-of-the-art machine. Once fully operational, the project will also create approximately 80 additional jobs, strengthening Sofidel’s contribution to the local economy. The successful startup of our third paper machine in Circleville represents a significant step forward in Sofidel’s growth strategy. This achievement reflects both the strength of our U.S. operations and the dedication of the teams who made it possible. With this expansion, Sofidel reaffirms its long-term commitment to serving the North American market with high-quality, sustainable tissue products while supporting local communities.

While the pulp and paper industry is inherently local—particularly in terms of production and sourcing of raw materials—trade is fundamentally cross-border and international. As a result, the sector is highly exposed to trade barriers and tensions, such as those created by the tariff policies introduced during the Trump administration. Tariffs are expected to put significant pressure on transportation and logistics—sectors that are intrinsically linked to the pulp and paper industry. This strain is partly mitigated by the fact that many pulp and paper companies have made substantial investments in overseas production capacity. Recent mergers in the industry, such as the Smurfit Kappa–WestRock merger and the International Paper–DS Smith merger, are also likely to offset some of the negative impacts of tariffs. These newly formed giants now operate production facilities in both Europe and the US. Both of these multi-billion dollar transactions took place in 2024. Other companies, such as Sweden's Billerud, have established a transatlantic presence. Billerud acquired US-based Verso some years ago, securing production capabilities on both sides of the Atlantic. Mergers and acquisitions are reshaping the global pulp and paper landscape, and in an era of looming trade wars and frequent supply chain disruptions, scale can become a competitive advantage. This consolidation trend may render the pulp and paper industry more resilient than other, more fragmented sectors dominated by smaller players as well as industries depending on input of strategical materials.

During the seven years of transformation since Graphic Packaging International acquired International Paper’s consumer packaging business, the company has worked to become the king of cups — an ongoing growth driver for GPI. The company didn’t have a food service business segment prior to that 2018 deal, but has since become “the number one player in paper cups” and manufactures about 30% of North America’s supply, said CEO Mike Doss during a presentation at the Jefferies Industrials Conference As GPI has leaned into the paper cups sector, it was instrumental in getting the Recycled Materials Association to add paper cups to its materials specifications list this year to boost recycling acceptance. The company also has helped customers develop various paper cup solutions as alternatives to plastic, including at restaurant chains Chick-fil-A and McDonald’s, and in the CPG space, for Nissin Cup Noodles. Despite customers’ economic challenges in key markets such as food service the last several quarters, “the last two years, our business has been up pretty substantially. And the reason for that is we’ve been replacing plastic and foam, in terms of cups,” Doss said.

The reduction represents about 12% of its normal operating capacity. The curtailments will apply to all of Interfor’s Canadian and U.S. operations, each expected to reduce output by roughly 12%. Measures include fewer operating hours, extended holiday breaks, reconfigured shift schedules, and longer maintenance shutdowns. The company said the move comes in response to persistently weak market conditions and ongoing economic uncertainty. Interfor noted it will continue to monitor market trends and adjust production as needed. With an annual capacity of about 4.7 billion board feet, Interfor is among North America’s largest lumber producers, supplying a broad range of products to customers worldwide.

Twin Rivers Paper Company, a leading producer of specialty paper products, proudly marks a century of papermaking, operational excellence, product innovation, and a strong commitment to the communities where it operates. The company’s papermaking legacy began in 1925 when inaugural tons of paper rolled off two machines at the Madawaska mill in northern Maine. Today, Twin Rivers’ footprint encompasses seven paper machines across four operating sites – its flagship mill in Madawaska, three specialty mills in upstate New York, and an integrated pulp mill in Edmundston, New Brunswick. Known for its lightweight expertise and a highly engineered portfolio of packaging, technical, publishing and label papers, Twin Rivers produces 400,000 tons of specialty papers annually. The company’s Madawaska mill operates four paper machines producing more than 340,000 tons of specialty papers essential to consumers and diverse market sectors, including oil- and grease-resistant food packaging, coated-one-side (C1S) packaging, lightweight opaque (LWO) publishing grades, pharmaceutical papers, release liners, and thermal transfer label base papers. Twin Rivers acquired Burrows Paper Corp. in 2016, adding three mills in upstate New York: Mill Street, Mohawk Valley, and Lyons Falls. Burrows Paper’s legacy dates back to 1919, when it began as a one-mill, two-machine papermaking company in Little Falls, NY. Today, the New York mills specialize in waxing, laminating, and extruding base papers, battery pasting papers, medical papers, filtration papers, and hydroentangling grades.

Greif completed the divestiture of its containerboard business to Packaging Corporation of America for $1.8 billion in cash, the companies announced after markets closed Tuesday afternoon. The transaction itself closed on Sunday, according to a securities filing. “The closing of this sale marks an important step forward for Greif,” Greif President and CEO Ole Rosgaard said in a statement. “This transaction unlocks immediate value for our shareholders and allows Greif to deliver stronger and more consistent earnings power, enhances our capital efficiency, and accelerates debt reduction.” The company plans to use proceeds from the sale to pay down approximately $1.4 billion in debt, according to another securities filing.

Cost-cutting results: Greif is about nine months into its plan to cut $100 million in costs through 2027. Looking at business transformation and cost reduction, “at times that work can be uncomfortable. What our people know is that is how the company grows, moves from good to great, and ultimately creates shareholder value,” said CEO Ole Rosgaard on Thursday’s fiscal third-quarter earnings call. Financial results: Despite cautious consumer sentiment and a macroeconomy that is “not robust,” Rosgaard said that “from a big picture point of view, our volume performance clearly shows our strategy is working,” alluding to last year’s business unit reorganization to create four material-based sectors. Quarterly sales in the polymers unit, a new focus area for Greif, rose nearly 8% year over year, while sales for metals dipped 5.7% and fiber dropped 5.4%. Divestitures update: Greif’s containerboard business sale to Packaging Corporation of America is slated to close by the end of August; the companies previously said they anticipated a close by the end of the third quarter of the calendar year, Sept. 30. Meanwhile, the divestiture of Greif’s timberlands to Molpus Woodlands Group is scheduled to close Oct. 1, Rosgaard said. That’s a day later than originally planned to save $13 million in taxes, said CFO Larry Hilsheimer. Collectively, these divestitures “sharpen our portfolio to concentrate our efforts” on markets where the company has the most potential for growth and a competitive advantage, Rosgaard said.

North American printing and writing paper demand declined by 6.5% to 719,000 tons in July, down 6.5% year over year according to the Pulp and Paper Products Council. Uncoated Freesheet operating rate stood at 80% down from 85% a year ago. And Coated Free Sheet operating rate rose to 85% up from 77% last July.

International Paper announced plans to convert the No. 16 paper machine at its Riverdale mill in Selma, Alabama, to produce containerboard by the third quarter of 2026. The mill currently supplies us with approximately 260,000 short tons of cutsize uncoated freesheet annually from the machine through a supply agreement. The Riverdale supply agreement is not part of our long-term strategy, and we have been planning for this conversion since our 2021 spinoff. Based on our current assumptions for optimizing operations, mix and paper supply, the Adj. EBITDA impact in 2026 from the loss of Riverdale volume is estimated to be ~$30 million, at current margins.

Valmet is to supply two fine papermaking lines with related automation systems and services to a customer in China. The papermaking lines will produce uncoated woodfree grades and start-ups are scheduled from late 2026 to early 2027. Valmet has previously delivered multiple other technologies such as complete paper and board making lines to the same customer. The orders were included in Valmet's orders received of the second quarter 2025. The value of the orders will not be disclosed. “Both new, wide, high-speed paper machines feature some of the most advanced technologies available on the market, ensuring high capacity and performance. These orders are very important to us and indicate that the technologies we have delivered to the same customer before have performed well. This is a highly significant customer, as well as a strategic partner for Valmet in China.

International Paper has reached a definitive agreement with American Industrial Partners (AIP) to sell its Global Cellulose Fibers (GCF) business for $1.5 billion, subject to closing adjustments, including the issuance of preferred stock with an aggregate initial liquidation preference of $190 million. The Company previously announced the decision to review strategic alternatives for its GCF business last fall, as part of the Company's strategy to focus on sustainable packaging solutions. The transaction is expected to close by the end of the year, subject to regulatory approvals.  The GCF business creates safe, high-quality pulp for a wide range of applications like towel and tissue products, diapers, feminine care, incontinence and other personal care products that promote health and wellness. In addition, its specialty pulp serves as a sustainable raw material used in construction materials, paints, coatings and more. GCF generated $2.8 billion in revenue in 2024 and has 3,300 employees globally, with nine manufacturing facilities and eight regional offices. Strategic changes to Packaging Solutions business in North America International Paper's packaging business in North America has initiated a number of actions to enhance its ability to serve and grow with customers while improving its manufacturing footprint, including: Investment of $250 million to convert the #16 machine at the Riverdale mill in Selma, Ala. to produce containerboard The permanent closure of the Savannah, Ga. containerboard mill, the Savannah, Ga. packaging facility, Riceboro containerboard mill and Riceboro Timber and Lumber These changes will impact approximately 1,100 hourly and salaried positions. International Paper is committed to supporting affected employees through this transition. The Riverdale conversion is expected to be completed by the third quarter of 2026. The Riceboro and Savannah mills will shut down in phases by the end of September 2025, and the Savannah packaging facility will also cease operations by the end of September. These combined changes will result in a net reduction of the company's annual containerboard capacity by approximately one million tons.

Novolex is shutting down a former Pactiv Evergreen plant in Bakersfield, California, according to a WARN notice posted by the state. The company is permanently closing the manufacturing facility come Oct. 14, impacting 127 employees. The news follows Novolex completing its $6.7 billion acquisition of Pactiv Evergreen in April, which took the purchased company private. Novolex is majority-held by private equity firm Apollo Funds and manufactures food, beverage and specialty packaging, primarily focused on fiber and plastic substrates.

Metsä Board, a leading European producer of premium fresh fibre paperboards, will begin the installation phase of a major board machine modernisation at its Simpele mill this September as part of a €60 million investment programme. The investment will elevate the quality of the flagship folding boxboard grade MetsäBoard Classic FBB and accelerate the mill’s transition toward fossil-free production. The renewed MetsäBoard Classic FBB will feature curtain coating technology, resulting in an improved print surface and enhanced visual quality. This innovation enables more consistent print results and sharper details, especially in demanding packaging applications. Currently, 89% of the energy used in production at the Simpele mill is fossil-free. With the implementation of new technologies, this figure is expected to rise to 98% by the end of 2025, marking a significant milestone in Metsä Board’s journey toward fossil-free production and supporting customers’ increasingly ambitious sustainability goals.

Seaman Paper is proud to announce the launch of SatinWrap® Floral, a premium extension of its popular SatinWrap® product line, designed specifically for florists and floral packaging distributors. This new line features 14 premium in-stock colors and 6 curated print & color assortments, combining style and performance to protect floral arrangements while elevating brand presentation. "With SatinWrap® Floral, we’re making it even easier for florists and distributors to access high-quality, moisture-resistant waxed tissue paper that looks as beautiful as the flowers it protects,

Sappi North America and Valmet celebrated the successful start-up of the rebuilt paper machine 2 (PM 2) at the Somerset paper manufacturing facility in Skowhegan, Maine, USA. The machine produced its first roll of solid bleached sulphate (SBS) board, marking a key milestone in Sappi’s strategic transition to packaging grades. "Following the success of Project Balance, the PM 1 rebuild project in 2018, we did it again with Project Elevate. The sustainable conversion of PM 2 has transformed it into a modern state-of-the-art board machine. This achievement is a testament to excellent collaboration and incredible teamwork. We are grateful to the entire Somerset team, our valuable partners, and all the Valmeteers involved for their hard work on a complex project,” adds Tuomo Rämö, Project Manager, Valmet. Technical information about the delivery Valmet’s delivery included a rebuild of the wet end with a new OptiPress Linear press section, modifications and extension of the dryer section, and a new finishing section. The finishing section was equipped with the OptiSizer Film size press, two OptiCoat Roll coating heads, OptiDry Coat air dryers, OptiCalender Hard calender, OptiReel Linear reel, and the OptiWin Belt winder.

Fastmarkets reports that Kruger has temporarily stopped operations at its Corner Brook pulp and paper mill in Newfoundland and Labrador, eastern Canada, due to wildfire emergency measures introduced by provincial authorities in areas facing very high and extreme fire risk. The company suspended its Corner Brook forest operations on Saturday August 9 and stopped pulp and paper mill operations on August 15 owing to limited . Kruger expects the mill to be closed until the end of August or beginning of September. The mill is a newsprint producer with 230,000 tonnes per year of capacity that primarily serves customers in Europe and Asia.

The largest and most modern consumer packaging board production line in Europe was inaugurated on 18 August in Oulu, Finland. The new line was inaugurated by Prime Minister of Finland Petteri Orpo, Chair of Stora Enso’s Board of Directors Kari Jordan, President and CEO of Stora Enso Hans Sohlström, and Oulu mill’s Chief Shop Steward Olli-Pekka Kaikkonen. Stora Enso's Oulu unit serves the growing demand for renewable packaging globally and contributes to the transition to a circular bioeconomy. At the same time, the production site supports Finland's competitiveness and increases exports with products of higher added value. Stora Enso has invested EUR 1.1 billion in the now inaugurated production line together with other developments on the site area, amounting to a total of approximately 1.7 billion investment in the entire Oulu mill in 2019–2025. The investments have made it possible to convert former paper machines into board lines utilising the latest technology, while the environmental impact has been reduced by cutting fossil carbon dioxide emissions by 90%. The mill produces folding boxboard, kraftliners, paper bag material, and unbleached softwood pulp. Board materials are suitable for direct contact with food. Almost all of the Oulu mill’s production is exported.

Solenis, a leading global provider of water and hygiene solutions, is exhibiting at two key industry tradeshows, where it will highlight technology to enable paperization through chemistry for sustainable packaging. The company will be exhibiting at FACHPACK in Nuremberg, Germany, Sept. 23-25, and at PACK EXPO Las Vegas, Sept. 29-Oct. 1. Flexographic applied barrier coatings: Packaging producers can apply these eco-friendly, high-performance barrier coatings directly to cupstock board, flexible packaging, flat sheet paper and liners for corrugated using standard flexographic equipment during the printing process. Developed in conjunction with HEIDELBERG, this cost-effective process eliminates the need for separate offline coating steps while reducing the use of plastic-based coatings or wax treatments. PHA-based coatings: Polyhydroxyalkanoates (PHA) coatings, which are made with biodegradable bioplastic, replace petroleum-based options. Made to work with flexographic and extrusion processes, the water-based solutions degrade in both marine and fresh water and are home compostable. TopScreenTM cupstock barrier coatings: These eco-friendly coatings replace PE lamination on single-use and short-duration cupstock. Applied with standard coating and cup-forming equipment, they deliver the same performance and printability as traditional barrier coatings. ContourSM technology for molded pulp: Oil and grease resistant, Contour is formulated for molded pulp plates, bowls, tubs and trays in low- to mid-temperature applications. This technology offers a cost-competitive, easy-to-implement solution without intentionally added PFAS.

Fastmarkets reports that UPM Adhesive Materials is planning to close its Fletcher, North Carolina, label facility in the second quarter of 2026, and transfer all orders from the Fletcher plant to its Mills River facility, where production will be upgraded and increased significantly. The company is investing in new proprietary coating technology at the Mills River factory which enables it to increase capacity.

In many Western countries, throwing away leftovers or discarding food with minor imperfections has become the norm. Yet, with more than 700 million people facing hunger globally and food insecurity rising, this waste is something we can no longer ignore1. The urgency of the issue is further highlighted by ongoing supply chain disruptions and economic instability. Food waste campaigner Tristram Stuart has said, “Cutting food waste is a delicious way of saving money, helping to feed the world and protect the planet.” 2 He’s right—addressing food waste is critical for people, the planet, and business. It is shocking that 1.3 billion tonnes of food are lost or wasted each year—enough to feed two billion people.1 In regions like Europe, nearly half of food waste occurs at the consumer level, whereas in developing countries, a significant proportion is lost post-harvest due to inadequate storage and poor packaging. Whether at the farm, in transit, or on supermarket shelves, food waste means wasted resources—water, energy, land, and capital. The Role of Packaging in Reducing Food Waste At Mondi, we believe sustainable packaging can play a key role in tackling food waste. Smart packaging solutions help protect food during transport and storage, extending shelf life and preventing spoilage.

Bain Capital weighs IPO or sale of Ahlstrom at up to €8B, targeting ESG-focused investors via Amsterdam amid rising demand for sustainable industrial assets. Bain Capital is weighing a dual-track exit for Ahlstrom, the Finnish specialty materials company it acquired in 2022. The two options on the table: a public listing in Amsterdam or a strategic private sale. The potential valuation of the business in either scenario is estimated between €7 billion and €8 billion, signaling a substantial return on Bain’s earlier investment. Ahlstrom, known for producing sustainable fiber-based materials used in filtration, medical, packaging, and industrial applications, is currently preparing IPO groundwork with Rothschild & Co, while Morgan Stanley is reportedly assessing potential sale routes.

Sappi Europe today announced the initiation of a consultation process at its Kirkniemi Mill in Finland as part of a proposed asset restructure. This step is being taken in response to a structural decline in demand across Europe and sustained financial challenges. The proposed changes are intended to ensure long term competitiveness in the Graphic Paper Market and align production capacity with changing market dynamics and customer needs. Sappi Europe has today announced the potential closure of Paper Machine 2 at its Kirkniemi Mill in Lohja, Finland. If implemented, this step would reduce the mill’s annual capacity of coated magazine paper by 175,000 tonnes. The proposed asset closure is part of Sappi’s strategy to align capacity with market demand and improve operational efficiency with paper machines 1 and 3 remaining in operation. The process would be carefully managed to ensure continuity of supply with no disruption to customers. The biggest coated publication paper mill in the world, Kirkniemi Mill has a production capacity of 750,000 tons of coated paper for heatset web offset printing serving mainly the high-volume print market. A major investment to convert on-site power generation to biofuels eliminated 90% of the mill’s direct, Scope 1 greenhouse gas emissions in 2023.

The closure of Pixelle Specialty Solutions’ paper mill in Chillicothe, Ohio, has delivered a major blow to the state’s logging sector. After nearly 200 years in operation, the mill permanently ceased production on Sunday, following an April announcement of its shutdown. Employing more than 800 people, the facility was Ohio’s largest purchaser of low-grade timber, consuming over 600,000 tons of wood fiber annually. Its absence will significantly affect small, family-run logging operations, many of which depended on the mill for most of their business. The loss is expected to have ripple effects across Ohio’s $1.1 billion forestry economy, prompting industry leaders to seek new markets and potential replacements for the mill’s capacity.

Smurfit Westrock is closing a facility in Cedar Rapids, Iowa, according to a Worker Adjustment and Retraining Notification filed with the state this week. The site produces “corrugated packaging such as standard cases, boxes and trays suitable for all industries,” Smurfit Westrock said on its website. Production will move to other facilities in Smurfit Westrock’s network, according to Robby Johnson, director of external communications for North America. The shutdown will affect 100 employees, the company reported. Layoffs are slated for Oct. 4, according to the notice, and closing activities will be complete by mid-October. Outplacement assistance will be available for impacted employees and eligible employees may apply for open positions within the company, Johnson said. Smurfit Westrock recently celebrated its one-year anniversary following the combination of Smurfit Kappa and WestRock. On a second-quarter earnings call last week, CEO Tony Smurfit said the company would “continue to optimize our system through the elimination of non-strategic or inefficient assets,” as it targets eliminating 600,000 tons of capacity.

Trioworld Group, a global leading producer of innovative high-performance flexible films, is thrilled to announce the opening of a state-of-the-art manufacturing facility, strategically located to enhance service and production capabilities across North America. This major investment marks a significant milestone in the company’s commitment to operational excellence and customer satisfaction. The new facility, set to open in Brownsburg, Indiana this fall, will provide greater flexibility in meeting the growing demand from US customers. Equipped with cutting-edge technology and sustainable production practices, the plant is expected to eventually double Trioworld’s North American production capacity, create an initial 33 new jobs and serve as a hub for innovation and efficiency.

Billerud, Sappi and UPM sent letters this week announcing tariff related price increases on paper and board coming from Europe. There were varying degrees of increases. Check with your MIDLAND sales representatives for details.

Greif, Inc. a global leader in industrial packaging products and services, announced today that it has entered into a definitive agreement with Molpus Woodlands Group, on behalf of clients, to sell its Soterra land management business for $462 million. This transaction, which includes over 173,000 acres of timberlands across the Southeastern United States, follows Greif’s previously announced intent to divest the business as part of its strategic portfolio optimization. The deal is expected to close shortly before or after the Company’s fiscal year end, subject to customary closing conditions. “The sale of the Soterra timberlands aligns with our strategy to focus our portfolio on opportunities where Greif can be an industry leader,” said Ole Rosgaard, President and Chief Executive Officer of Greif. “This transaction enhances our ability to invest in higher-margin, less cyclical markets, and positions Greif for further long-term success and value creation.” “These timberlands seamlessly complement our existing portfolio, offering diverse, highly productive assets strategically located near robust timber markets with strong, competitive pricing,” said Terrell Winstead, President and CEO of Molpus. “With our long history of creating value for similar properties in these areas, we believe this opportunity fits well within our long-term investment strategy and sustainable forest management approach.” Cash proceeds from the sale will be allocated to debt repayment.

Georgia-Pacific shared the news that Christian Fischer, President and CEO, announced he is retiring from the company at the end of October and will work to transition his responsibilities beginning in August. Fischer joined Georgia-Pacific in 1989 and has held numerous leadership roles. He was named President and CEO in 2017. Mark Luetters, currently executive vice president of Koch, Inc., with responsibility overseeing several Koch companies, including Georgia-Pacific, will continue in that role while serving as Georgia-Pacific's President and CEO.

New Brunswick’s forestry sector is raising alarm over a U.S. Department of Commerce decision that could see combined duties on Canadian softwood lumber exports rise to 34% by mid-August. The increase includes a sharp jump in anti-dumping duties, from 7.66% to 20.56%, with countervailing duties also expected to rise. The New Brunswick Lumber Producers (NBLP) say the move unfairly targets the province’s distinct forestry model, which relies heavily on private wood sources and market-based pricing. “This increase is unjustified,” said Jerome Pelletier and Glen Warmen, Co-Chairs of the NBLP. “New Brunswick is being penalized by a trade case that fails to recognize the province’s unique system and high use of private wood.”

In response to rising demand for high-quality, fiber-based sustainable packaging, Sappi North America today announced that it is delivering commercial product to customers following the completion of Project Elevate, the $500 million conversion and expansion of Paper Machine No. 2 (PM2) at its Somerset Mill in Maine. Qualification processes are being completed with a number of customers, and production will ramp up to full volumes through 2026. The investment doubles PM2’s  production capacity and strengthens Sappi’s position as a leader in sustainable packaging by transforming Somerset into one of the most advanced production sites for high-performance SBS (solid bleached sulfate) paperboard. “This is a pivotal moment for Sappi North America,” said Michael Haws, President and CEO. “With PM2, we have delivered the largest rebuild in our company’s history, doubling the machine’s capacity and positioning Somerset as a leader in sustainably manufactured paperboard. The true success of this project lies in our people. Their precision, focus, and unwavering commitment to safety enabled us to complete a complex transformation, all while keeping the mill fully operational. This investment goes beyond machinery; it's about laying the foundation for long-term innovation, sustainable growth, and lasting impact." As production continues to ramp up, this strategic investment is planned to deliver 520,000 short tons (approximately 470,000 metric tons) of annual capacity and expands Sappi’s ability to produce a full range of high-performance SBS paperboard grades, including folding carton, food service board, and cups.

Kruger has announced a sweeping diversification plan to secure the future of its Corner Brook Pulp and Paper operations, proposing an investment of up to $700 million to transform the mill into a modernized, sustainable manufacturing hub. The ambitious project—pending alignment with key stakeholders—aims to position the facility as one of the most competitive in the pulp and paper industry. In addition to modernizing production lines, Kruger plans to build a new pulp storage facility, upgrade site infrastructure, improve chip handling systems, and implement a biomass drying and unloading operation for its cogeneration plant.

Westrock Coffee is expanding its US operations with a new manufacturing facility in Conway, Arkansas, to produce millions of single-serve coffee cups daily. The private-label coffee and tea manufacturer, one of the largest in North America, opened the facility to meet rising demand from “existing and new” global customers, including “some of the largest retail and coffee brands in the region.” “The single-serve category is evolving rapidly, and we are scaling our operations to meet our customers’ needs,” says Will Ford, chief operating officer at Westrock Coffee. The company identifies rising global demand for “single-serve coffee” solutions. For example, according to Westrock Coffee, the coffee pods market, valued at US$35.3 billion in 2024, is projected to more than double to US$71.2 billion by 2034 as consumers seek “fast, high-quality coffee with added convenience.”

Billerud is advancing steadily on its investments in its Escanaba and Quinnesec mills in Michigan. This strategic initiative is the foundation of the company’s “Way Forward” strategy to enhance operational flexibility, expand product offerings, and support long-term economic and sustainability goals in North America. “In December 2024, we announced major capital investments in our Escanaba and Quinnesec mills,” said Doug Schwartz, President of Billerud North America. “These investments are vital to optimizing our paper machine capabilities, expanding into packaging materials, and continuing to deliver market-leading graphic papers, specialty label papers, and market pulp.” Escanaba Mill woodyard rebuild underway. New packaging products ready for market.

UPM Adhesive Materials will increase its production capacity in North America by installing proprietary multifunctional coating technology at its Mills River facility in North Carolina. The upgrade is designed to expand local supply of high-performance label materials used in wine and spirits, pharmaceuticals, industrial labeling, and postal applications, based on a company announcement from UPM Adhesive Materials. The Mills River factory, which has operated under the Raflatac brand for more than 25 years, currently produces paper and film-based label materials. With this investment, it will broaden its output to include higher-value laminates with enhanced functionality and visual appeal, catering to increasing demand in specialized packaging markets.

Sappi Europe, a leading producer of graphic papers, announces the expansion of its Galerie portfolio with the launch of Galerie Book, a mechanical uncoated paper tailored to the specific needs of the book publishing market. Produced at Sappi's world-leading Kirkniemi Mill in Finland, this strategic product expansion builds on Sappi's strengths and addresses the growing need for reliable, sustainable, and versatile book paper options.

Driven by structural overcapacity in the graphic paper markets and the need to ensure long-term competitiveness of its operations, UPM Communication Papers plans to end paper production at UPM Kaukas paper mill, Finland, reducing the annual production capacity of coated mechanical paper by 300,000 tonnes. The shutdown of the paper machine (PM 1) is planned for the end of the year 2025. UPM’s pulp, sawn timber and biofuels production and R&D activities at UPM Kaukas integrate will continue as before. Decisions on final plans would be made after the co-determination processes have been concluded in line with local legislation in Finland. Should the plans be implemented the number of employees affected at UPM Kaukas paper mill is estimated at 220.

ND Paper proudly presents Pennacook Offset, an uncoated printing paper that blends modern papermaking technology with the deep-rooted history of Rumford, Maine. Produced at our Rumford mill, this offset sheet is engineered for optimal pressroom performance, offering excellent printability, and consistent quality. With the recent installation of a new size press on R15, along with strategic mill-wide upgrades, ND Paper is investing in the future of quality, efficiency, and sustainability. These enhancements allow us to deliver even greater surface uniformity, improved print quality, and better ink holdout—ensuring that Pennacook Offset not only honors tradition, but also meets the demands of today’s print market.

Hood Container Corporation, a family-owned packaging and paper company, announced it will invest $118.9 million to modernize its legacy paper mill in West Feliciana Parish, allowing the company to significantly boost production capacity and quality to meet evolving market demands. The company is expected to retain 295 current positions with an estimated salary more than 30% above the parish average. Louisiana Economic Development estimates the project will result in an additional 819 indirect new jobs.  The project will center around upgrading Hood Container’s primary paper machine, which will increase production capacity by 80,000 tons per year. With the manufacturing of more, higher-quality products, the company anticipates buying an additional 204,000 tons of wood chips and 22,000 tons of recycled boxes annually. The investment will also include significant improvements to the facility’s recovery boiler, which is essential in powering the mill.

Over five years after the closure of its kraft pulp mill in Pictou County, Northern Pulp has announced it will sell its assets, effectively ending discussions surrounding the construction of a new facility in Nova Scotia. The decision follows the failure of a restart project developed as part of an agreement reached with the Nova Scotia government in May 2024. A feasibility study conducted under this agreement concluded that the proposed project would not achieve the required 14% internal rate of return to justify the investment. The planned facility—a next-generation biorefinery in Liverpool with an estimated cost of more than $2.5 billion—was ultimately deemed financially unviable by its proponents.

An informal agreement on the Chillicothe paper mill between the owner and the state's economic development corporation was released on social media recently. It sets five "preliminary terms" before the revised shutdown date. The Memorandum of Agreement between mill operator Pixelle (based in Pennsylvania, and owned by H.I.G. Capital of Miami, Florida) and JobsOhio was posted by Natalie Fahmy (Ohio Statehouse/Politics Reporter)on X / Twitter recently. An outline of the five terms: Pixelle is responsible for environmental remediation, demolition, and obligations to unions. Pixelle will issue a WARN Notice by June 10th, and will fulfill its obligations in the following 60-day period. Pixelle will retain proceeds from the sale of any equipment on the site. All proceeds from the sale of the property will be for the benefit of former employees and the Chillicothe community.

At Domtar, being a responsible forest products manufacturer means more than just creating sustainable products. It means being an active partner in the communities where we live and work. Through Domtar…

Cascades announced that its corrugated medium manufacturing plant in Niagara Falls, New York, will be permanently closed as part of the optimization of the company's packaging production platform. Production will…

Grupo Corporativo Papelera (GCP), a major Mexican tissue manufacturer, has begun construction on its first U.S. facility, a $400 million plant in New Caney, Texas. The new 565,765-square-foot facility, located…

Sappi Europe today announced the initiation of a consultation process at its Alfeld Mill in Germany as part of a proposed partial asset restructure. This step is being taken in…

Norske Skog Skogn is preparing to enter the European book paper market supported by a comprehensive technology package developed in collaboration with international technology group ANDRITZ. This solution will enable…

International Paper (NYSE: IP; LSE: IPC), a global leader in sustainable packaging, today announced the completion of the divestiture of five European plants to PALM Group to satisfy regulatory commitments…

Domtar has signed a purchase agreement with Cranberry Business Park Ltd. for the remaining portion of the former tiskwat paper mill lands in Powell River, British Columbia, marking a new…

Smurfit Westrock has been included on the 2025 Forbes Global 2000 list of the world’s largest and most successful public companies.  The prestigious ranking measures global impact and financial strength…

Packaging Corporation of America (NYSE: PKG) today announced that it has entered into a definitive agreement to purchase the containerboard business of Greif, Inc. for $1.8 billion in cash. The transaction is expected…

Canfor Corporation announced its decision to permanently close the Estill and Darlington sawmills in South Carolina, effective August 2025. These closures follow an extended period of persistently weak market conditions and sustained financial losses, which have made continued operations at these facilities no longer viable. “We understand the significant impact this difficult decision will have on our employees,” said Lee Goodloe, President, Canfor Southern Pine. “This outcome is in no way a reflection of the dedication and hard work of our teams. We are committed to supporting our employees through this transition, including providing severance payments and exploring opportunities for redeployment within our other operations where possible.” Approximately 290 employees will be affected by the closures, which will also reduce Canfor’s U.S. lumber production capacity by 350 million board feet annually

Ahlstrom expands its FibRoc® portfolio, a platform of high-performance materials for durable applications. In addition to Flooring, Ceiling and Plasterboard the range now includes the segment of Wall Liner, offering extensive, flexible and high-performance solutions. Ahlstrom FibRoc® Wall Liner offers a wide range of wall finishing solutions manufactured from both nonwoven and glass fibre tissue. The offering delivers superior paintability and enables achieving a flawless finish that effectively conceals wall imperfections. The comprehensive portfolio is designed for both do-it-yourself and professionals providing customers with the flexibility to select the perfect solution for their target markets.

According to the report, total printing-writing paper shipments decreased 5% in May compared to May 2024. U.S. purchases of total printing-writing papers decreased 5% in April compared to the same month last year (April 2025 is the latest trade data available). Total printing-writing paper inventory levels increased 2% when compared to April 2025. As in previous months, the 3 major Printing-Writing categories—Uncoated Free Sheet (UFS), Coated Free Sheet (CFS), and Mechanical (MECH) papers—showed mixed performance on both a month-over-month (MoM) and year-to-date (YTD) basis. Shipments of both free sheet grades declined compared to last May as well as for the YTD. MECH grade papers, meanwhile, registered increases for both MoM and YTD.

Solenis and NCH Corporation (NCH) announced they have entered into a definitive agreement to merge the NCH business with Solenis. Under the terms of the agreement, Solenis will acquire 100% of NCH stock, creating a more diversified, customer-centric provider of water and hygiene solutions. The Levy Family, owners of NCH since its founding in 1919, will become the largest minority shareholder in Solenis. Finance terms were not disclosed. The transaction is expected to close by the end of 2025 following regulatory approvals and other customary conditions. Solenis and NCH will continue to operate strictly as independent companies until the transaction is complete. Headquartered in Wilmington, Delaware, Solenis is a leading global provider of water and hygiene solutions. The company was acquired by Platinum Equity in 2021. NCH is the quality leader and trusted onsite expert in middle market water treatment and industrial solutions.

Ahlstrom has started a new state-of-the-art production line for molecular filtration media at its Turin site in Italy. This major investment strengthens Ahlstrom’s leadership in the molecular filtration market and enhances its ability to serve the growing global demand for high-performance specialty materials.  Equipped with the latest technologies, the new production line offers a high degree of customization and design flexibility. It enables precise tuning of adsorptive performance through detailed control of adsorbent types, blends, and content levels. The investment is complemented by a molecular filtration test bench to better support filtration manufacturers in developing high-performance filtration solutions.   The investment complements the existing Ahlstrom Trinitex® Carbon platform by targeting the growing demand for premium molecular applications such as cabin and fuel cell air intake filtration, as well as HVAC and cleanroom. 

Norske Skog Skogn will enter the European market for book paper during the second quarter of 2026. The new product, branded NOR Book, will be offered in standard qualities pertaining to bulkiness, brightness, and shade. The net investment of NOK 40 million (EUR 3.5 million) at paper machine one (PM1) will provide flexibility to switch between newsprint and book paper with capacity of more than 140 000 tonnes. Norske Skog Skogn has together with the international technology group ANDRITZ developed a low capex project to enable production of both newsprint and book paper at PM1. Several trial runs have been completed with satisfying results. Following the switch to 100% virgin fibre at Skogn in 2024, the mill has the opportunity to produce bulky and bright paper utilising its high-quality thermomechanical pulp. The project will provide the opportunity to further increase paper bulk to cover the main grades of wood containing book paper. In addition, the customers will benefit from industry leading low CO2 emissions when choosing paper from the Skogn mill.

Ahlström Collective Impact (ACI), a joint responsibility initiative by a group of companies and foundations, will continue supporting UNICEF’s global education efforts in 2025 and remains committed to advancing children’s rights in business. This year, Ahlström Collective Impact’s contribution to UNICEF’s education work amounts to over €750,000. Support from the private sector is critically important in today’s increasingly complex global landscape, where cuts by several donor countries to international aid threaten UNICEF’s global efforts to uphold children’s rights.

UPM Biochemicalsis proud to announce that its new biorefinery in Leuna, Germany, has achieved ISCC PLUS, PEFC[1], and FSC™[2] chain-of-custody certifications – highlighting UPM’s commitment to sustainable sourcing, full traceability, and transparent operations. The certifications confirm that all wood-based feedstocks used in the biorefinery are sourced from sustainably managed forests and are fully traceable through credible third-party auditing schemes. This independently verified sustainability is a core commercial value of UPM’s biochemicals, supporting customers who prioritize responsible sourcing in their value chains. “Our products are built on sustainability, and now that commitment is verified by globally recognized standards,” said Martin Ledwon, Vice President, Marketing, Sustainability and Communications, UPM Biorefining & Technology. “These certifications provide assurance that we meet the highest environmental and social standards throughout the supply chain – crucial not only for forest biodiversity and community responsibility, but also for brand trust and consumer confidence.”

UPM Raflatac business area and reporting segment will be renamed UPM Adhesive Materials as of June 12, 2025. The new reporting segment name will be in use from the Interim Report Q2 2025 onwards. Tha name change supports the business area's strategic direction to accelerate its growth beyond label materials into graphics solutions and specialty tapes. UPM Raflatac will remain a leading, global product brand in the Label materials offering area. UPM Adhesive Materials leverages its adhesive expertise, material performance, and industry-leading services to deliver value to customers. The business area holds a leading market position in label materials and has expanded significantly in graphics solutions through the acquisitions of AMC AG, Grafityp, and Metamark.

This is the reasoning behind our UPM Position Paper on the upcoming EU Bioeconomy Strategy. It serves as a blueprint for transforming bio-based innovation into Europe’s next growth engine.  …

Green Bay Packaging announced that Bryan Hollenbach, Executive Vice President (EVP), will retire on August 31, 2025. Matt Szymanski, who is currently the Vice President of Mill Operations, will be…

The Legacy Paper Group, a subsidiary of BMI Group US, today announced plans to restart Paper Machine #8 (PM8) at its Port Huron facility in Michigan, bringing 30,000 tons of…

CMPC has officially inaugurated its new U.S. branch, CMPC Forest Products, in Atlanta, Georgia, marking a strategic move to enhance service and deepen relationships with North American clients. The inauguration,…

920,000 tons per year...Capacity matters when you’re the most advanced North American supplier of SBS. That’s why we’ve gone all-in on new state-of-the-art machines built for bigger demands. To make…

Since the initial announcement in April, Pixelle has worked diligently with government and communitypartners to explore every viable path forward. Pixelle continues to provide impacted employees with arange of support…

Green Bay Packaging has officially broken ground on its $1 billion expansion of the Arkansas Kraft Division in Morrilton, marking the start of what is now the largest capital investment…

Suzano’s buying spree, including a Kimberly-Clark deal, shows how executives in Latin America’s largest economy can work through fraught geopolitics. Its biggest buyer is China. Its biggest prospects are in…

This year’s Vancouver Pulp Week was not about itself, but about the “after-party”: the Suzano and Kimberly-Clark (KC) joint venture in all countries except the USA, Canada, Mexico, and South…

Suzano presents an overview of their joint venture with Kimberly Clark. Suzano - Investor Relations

The European pulp and paper (P&P) sector was thrown into further tariff uncertainty last week. The series of announcements made it increasingly difficult to gauge how tariffs on goods imported to the US affect trade. First,…

Kimberly-Clark has announced a major expansion of its manufacturing operations in Mobile, Alabama, with a planned investment exceeding $130 million.  The project includes the installation of a new production line…

Holmen’s paper mill in Braviken, Sweden, is now running with maximum production efficiency and flexibility after international technology group ANDRITZ successfully completed the rebuild of the paper machine (PM52). Holmen…

Suzano, the world's largest pulp producer, and Kimberly-Clark, a global leader in the consumer staples industry, today announced the creation of a US$3.4 billion joint venture focused on the manufacture,…

The project includes the installation of a new production line focused on the next generation of hygiene products, expected to be operational by the third quarter of 2027. The investment…

Feldmuehle, a German manufacturer of coated label papers and flexible packaging papers, has filed for insolvency under self-administration and seeks to restructure under the German Insolvency Act. The company explained…

In a remarkable turnaround story, Georgia-Pacific’s Monticello linerboard mill exceeded 1 million tons of production in 2024—an achievement shared by only a handful of facilities across North America.  Monticello Mill…

International Paper, a global leader in sustainable packaging, today announced the strategic exploration of a new sustainable packaging facility in Salt Lake City, Utah. The exploration of a prospective new…

As we approach mid-2025, the forest products industry across the Lake States reflects a region navigating both opportunity and constraint. While logging activity remains generally steady, external disruptions, climatic variability,…

June 2 - The Stevens Point mill, with two paper machines, has the capacity to produce about 210,000 tons per year of specialty paper, such as coated flexible packaging papers...…

BMI is proud to support the efforts of IBPA and others with the We Are Stronger Than Censorship program. We Are Stronger Than Censorship aims to empower both readers and…

Ahlstrom, a global leader in fiber-based specialty materials, today announces that it has completed its acquisition of the Stevens Point facility, a high-end solutions provider in food and consumer packaging,…

On Wednesday, 28 May, a ceremony was held in Mönsterås to mark the start of construction of Södra’s new kraft lignin plant. The facility is an important step in Södra’s…

Nearly five months into a pivotal year, International Paper is advancing a sweeping transformation strategy marked by a major acquisition, targeted mill closures, and an intensified focus on operational efficiency. …

Following extended technical, commercial and strategic evaluations UPM plans to discontinue the development of its potential second biomass-to-fuels refinery at the Port of Rotterdam. As a result, UPM plans to…

Norske Skog announced the start-up of its rebuilt recycled containerboard machine, paper machine 1 (PM1), at the company's Golbey mill in France. At a total investment of about $400 million,…

Stora Enso has entered into an agreement to divest approximately 175,000 hectares of forest land, equivalent to 12.4% of its total forest land holdings in Sweden for an enterprise value…

Mactac is proud to announce several key leadership updates designed to accelerate the company’s strategic growth, drive innovation, and enhance execution across the organization. Noelle Sieradzki joined Mactac on May 12 as vice president of sales and marketing for the Graphics and Merchant Products (Sheets) areas of the business. Her expertise in the pressure-sensitive market, combined with her collaborative leadership style and data-driven decision making, makes her an exceptional fit to drive continued growth in our Graphic and Sheet segments. Janet Page has been promoted to director of Mactac’s Technical Industrial Tapes business unit. A proven leader and a key force behind Mactac’s success in the industrial tape segment, Janet has consistently delivered double-digit, year-over-year growth. Her strategic focus has driven expansion in high-growth markets, including building and construction, as well as e-mobility. To further advance Mactac’s strategic initiatives, Chris Barushak has been promoted to director of Business Transformation and Strategy, where he will spearhead many of Mactac’s high-impact business initiatives, including the implementation of the enterprise-wide ERP system.

Drytac, the leading global manufacturer of self-adhesive materials for the large-format print and signage markets, is pleased to announce the global launch of SpotOn® Duo—a clear, double-sided mounting adhesive engineered to convert non-adhesive prints into repositionable, peel-and-stick graphics with ease and precision. SpotOn Duo features a permanent adhesive on one side—designed to adhere to the printed graphic—and Drytac’s signature removable SpotOn dot-pattern adhesive on the other, which faces the installation surface. This simple peel-and-stick solution is easy to apply, making it ideal for both professional installers and DIY users. This innovative film is especially well-suited for mounting synthetic blockout papers or cardstocks that are printed on both sides, making it a perfect choice for push/pull messaging on storefront glass and windows in retail environments.

Ahlstrom inaugurated its new parchmentizer, PMZ5, today, May 21st, at its Saint-Séverin plant in France. A parchmentizer is an industrial machine used in the parchmentization process, which treats cellulose-based paper to transform it into durable, grease- and water-resistant vegetable parchment. This process gives the paper a unique set of characteristics that make it suitable for demanding applications, especially in the food packaging market. This latest EUR 15 million investment in Saint-Séverin underscores Ahlstrom’s enduring commitment to sustainable innovation, customer collaboration, and to the local community that has supported Ahlstrom for generations.

Domtar owner Jackson Wijaya recently spoke with reporter Nicholas van Praet, Montreal Journalist from The Globe and Mail. In the article, Wijaya opens up about beginning his business in Canada, his long-term vision, and his approach to leadership and sustainability. The story provides insight into Wijaya’s background and commitment to ensuring Domtar operates sustainably, with an emphasis on responsible management of our forest resources. “I still have faith that the Canadian people and the Canadian government will allow me to continue my investments in Canada,” Wijaya said.

The industry utilized its assets more effectively with total paper and paperboard operating rate reaching 87.5% in 2024, a nearly four percentage point increase from 2023. U.S. paper and paperboard production increased 3.2% last year, with increases in all categories, led by strong growth in containerboard. U.S. paper and paperboard capacity declined by 2.0% in 2024, to 78.1 million tons. By comparison, the average annual rate of decline since 2015 was 0.9%. The industry continues to invest in new machines and machine conversions, particularly in the packaging and tissue sectors. Four machines came online in 2023 producing containerboard, one boxboard machine came online this month, and another will start up later this year. Containerboard capacity declined 0.9% in 2024. Despite three consecutive declines in 2022 through 2024, containerboard capacity continues to account for more than 50% of total U.S. capacity to produce paper and paperboard. Packaging paper capacity increased 4.6% on the heels of a strong 4.8% growth rate in 2023. For the second year, all the growth came in unbleached packaging papers while bleached packaging papers has now declined for six consecutive years.

Comments by the CEO: Focus on cost adjustments and a stable balance sheet. The first quarter was marked by weak results due to continued rising prices for pulp wood, the challenging market trend for CTMP pulp and the weaker USD. We are now working intensively on cost adjustments and further efficiency measures. Meanwhile, the chemical softwood pulp market is stable and many of our niche customers still wish to increase their volumes. We are now rapidly implementing cost adjustments and efficiency measures on all fronts in response to worsening external conditions. We are therefore doing what is necessary, even if it is painful. At the end of March, 47 employees were given notice, mainly at Rottneros Mill where we produce mechanical CTMP pulp. Overall, we expect to reduce the Group’s cost base by 35–40 MSEK on an annual basis, with full effect during the second half of 2025. Profitability is primarily being squeezed in CTMP pulp due to the tough market situation. At present, several external factors are forcing us to scale back our production and limit deliveries to fewer markets.

Lecta reaffirms its commitment to innovation and sustainability by renewing the official "BPA Free - No Phenols Added" certification​, guaranteeing the absence of Bisphenol A (BPA) and other phenolic compounds identified in the Ineris certification scheme, for its entire range of phenol-free Termax thermal papers. Ineris (the French National Institute for Industrial Environment and Risk) has once again certified that Lecta's thermal products meet the most stringent market standards, further establishing the company as a benchmark in the sector. The Ineris "BPA Free - No Phenols Added" certification is based on a rigorous verification process that includes the evaluation of technical documentation, an audit of the manufacturing process, and an analysis of the thermal paper. This certification examines key aspects such as manufacturing, quality control, traceability, and methods for monitoring the composition of thermal paper. The audit findings have confirmed that Lecta meets all the requirements of the approval scheme, ensuring that its certified Termax products are entirely free of the fifteen phenolic compounds identified by Ineris.

Mondi proudly launches Spectrum of Impressions: The Print Book, the centrepiece of its new PERGRAPHICA® Full Spectrum Feels campaign. The campaign redefines the boundaries of premium print and design to create a multi-sensory experience, brought to life through colour, texture and detail on PERGRAPHICA® papers. The print book is created to help printers and converters showcase the full scope of their expertise to their customers, including creatives and brand owners. Compact yet powerful, it supports print sellers in promoting high value print projects and enables print buyers to explore the full technical and creative potential of PERGRAPHICA®. PERGRAPHICA® is Mondi’s uncoated premium design paper range, offering four shades of white in smooth and rough surfaces, alongside 31 PERGRAPHICA® Colours. Designed to meet the most demanding print designs, it is the ideal choice for creative and corporate design, premium publishing and luxury packaging. With a full spectrum of options, selecting the perfect paper becomes an opportunity to shape the look, feel and impact of every printed piece.

GreenFirst Forest Products Inc. announced results for the first quarter ended March 29, 2025. The Company’s interim financial statements and related Management’s Discussion and Analysis for the first quarter ended March 29, 2025 are available on GreenFirst’s website. Highlights *Q1 2025 net income from continuing operations was $0.9 million or $0.04 earnings per share (diluted), compared to net loss of $26.6 million or $1.39 loss per share (diluted) in Q4 2024. Adjusted EBITDA from continuing operations for Q1 2025 was positive $5.1 million compared to negative $0.9 million in Q4 2024. *Benchmark prices saw increases during the quarter which resulted in an average realized lumber prices of $729/mfbm for Q1 2025 which was higher than the $680/mfbm pricing realized in Q4 2024. “We are pleased to report Q1 2025 performance with positive EBITDA and net income from continuing operations, despite economic uncertainty and ongoing potential tariffs on lumber exports to the U.S. While sales volumes and production were down due to market conditions and weather-related disruptions in Ontario, strong lumber prices exceeded expectations and supported the company’s positive financial results. Looking ahead, we remain committed to disciplined capital expenditures and maintaining a strong balance sheet to navigate market volatility and potential headwinds,” said Joel Fournier, CEO of GreenFirst.

Ahlstrom, a global leader in fiber-based specialty materials, launches Ahlstrom Optipad™, a new high-performance filter pad, designed for hot cooking oil filtration. It’s a cutting-edge solution that brings together innovation, sustainability, and simplicity, extending oil lifetime up to 50% and enhancing ease of use. Optipad™ combines an advanced filtration material with a filter aid, resulting in a pre-impregnated solution that efficiently eliminates particles and oil contaminants. The enhanced and durable design of the filter pad also streamlines the changing of filters, making it easier and more efficient for daily use.

Management Summary from Chairman and Chief Executive Officer Jean-Michel Ribiéras: In the first quarter, we completed a heavy planned maintenance outage schedule in Europe and North America. The second quarter will be our heaviest outage quarter of the year, and by mid-year, we will have spent over 80% of the total annual planned maintenance outage costs. We returned nearly $40 million in cash to shareowners in the first quarter. We distributed $18 million via the first quarter dividend and repurchased $20 million in shares. We will continue evaluating opportunities to repurchase shares at attractive prices with $62 million remaining on our $150 million share repurchase authorization from September 2023. Our board of directors also declared a second quarter dividend of $0.45 per share, which we paid April 29. We understand one of the main risks in today’s environment is a global economic slowdown due to the current tariff situation, which could impact uncoated freesheet demand. Some shifts in uncoated freesheet and pulp trade flows are already starting to materialize. We also anticipate higher risks of inflation on our raw materials, transportation and capital spending. While these present possible challenges, these risks appear manageable because we are primarily sourcing and shipping locally, and have a very strong balance sheet. Over 90% of our raw materials are sourced locally, with very little coming from China. In Europe and North America, more than 90% of our shipments stay within their respective region. In Latin America, 80% of our shipments remain in the region. Although we export about 20% of our products from Latin America, we are well positioned as our Brazilian mills are some of the world's most competitive and low-cost uncoated freesheet facilities.

The pulp market showed a favorable performance in the first 2 months of 2025, with successive price increases fully implemented, in light of the effects of limited supply caused by the downtime of an important integrated paper producer in China as well as the conversion of production to dissolving pulp by one of the sector's producers. In March, market sentiment remained positive regarding pulp prices and the implementation of the new price increase announced for the period, especially after Shanghai Pulp Week - an important event in the P&P sector. However, the more uncertain global macroeconomic environment at the end of the quarter had a negative impact on market dynamics. The results of the company's pulp business were impacted by the lower volume sold, given the commercial strategy of inventory restocking to normal levels, and the lower realized price, in turn due to the invoicing of backlogs for some regions. Operating performance was according to plan, with an increase in the cash production cost, mainly due to the effect of scheduled maintenance downtimes.

Our Windsor Mill in Windsor, Quebec, has gone to great lengths to close its sustainability loop and nurture the forests that support its operations and the people that live and work in the surrounding area. That includes a partnership with local maple syrup producers. The Windsor Mill is one of Canada’s last fully integrated pulp and paper mills, and it owns 400,000 acres of forestland to support its operations. The mill manages its forests for multiple uses, selectively harvesting trees about once every 20 years. The mill has developed partnerships for the forests to benefit the larger community during the two decades of growing time. One of these partnerships was formed in 2016 to allow local maple syrup producers to harvest sap from the large stands of sugar maples that dominate the land. Since starting its partnership with local syrup makers, more than 260,000 taps have yielded enough tree sap for 47 maple syrup producers to create thousands of gallons of their signature product.

Higher sales volumes, good cost control and fewer planned maintenance shuts in the first quarter of 2025 offset lower average selling prices when compared to the fourth quarter of 2024 (“Q4 2024”). Underlying EBITDA for the first quarter was €290 million, including a forestry fair value gain of €2 million (Q4 2024: €261 million including a forestry fair value loss of €27 million). In Corrugated Packaging and Flexible Packaging, stronger order books drove higher sales volumes across Mondi’s range of paper grades compared to the fourth quarter of 2024. This was supported by a solid performance in the downstream converting operations. Following selling price declines towards the end of 2024, average selling prices in the first quarter of 2025 were lower than the fourth quarter of 2024. In the last few months, paper price increases have been implemented to largely recover the declines. In Uncoated Fine Paper, market conditions remained muted with lower average selling prices in the quarter when compared to Q4 2024. Profitability was supported by strong cost control.

President and Chief Executive Officer Shruti Singhal commented, "Since stepping in to lead Mativ eight weeks ago, I have seen firsthand the role we serve as trusted partner to our customers, enabling them to solve their most complex challenges. However, this past year has been incredibly challenging for our shareholders and employees. We are simply not where we need to be operationally to navigate the current demand environment or future challenges. We are pivoting to a much higher sense of urgency across our company to act swiftly, comprehensively and decisively to undertake the necessary changes to grow market share, return to sustainable and profitable growth, and most importantly restore value to our shareholders. Our top priority is to accelerate our pace of execution with a focus on three key areas: driving enhanced commercial execution, sharpening our efforts to de-lever the balance sheet, and conducting a strategic review of our portfolio. These actions are to ensure Mativ is focused on our highest value initiatives to enable our long-term success. We are executing against a clear strategic roadmap and are taking accelerated actions to position Mativ for profitable growth while de-levering our balance sheet and creating sustainable value for our shareholders.

Lecta has extended its range of uncoated paper with Coral Book Natural 1.5, a high bulk paper specially designed for publishers and printers seeking excellence and distinction. Made from natural, renewable raw materials, the new paper is completely recyclable and biodegradable, in line with the industry's growing demands for products that promote sustainability and protect the environment. With a natural shade and exceptional print quality, Coral Book Natural 1.5 is ideal for black-and-white text and images, as well as CMYK projects. Available in 70, 80 and 90 g/m² and in sheet and reel formats, it delivers optimal performance for multiple printing techniques, such as offset, flexography, dry toner, laser, and HP Indigo digital systems. Thanks to its 1.5 bulk value, it offers body and presence without increasing the weight of the end product, which means a competitive advantage for literary products.

Mondi plc provides an update on trading for the three months to 31 March 2025. Higher sales volumes, good cost control and fewer planned maintenance shuts in the first quarter of 2025 offset lower average selling prices when compared to the fourth quarter of 2024 (“Q4 2024”). Underlying EBITDA for the first quarter was €290 million, including a forestry fair value gain of €2 million. In Corrugated Packaging and Flexible Packaging, stronger order books drove higher sales volumes across Mondi’s range of paper grades compared to the fourth quarter of 2024. This was supported by a solid performance in the downstream converting operations. Following selling price declines towards the end of 2024, average selling prices in the first quarter of 2025 were lower than the fourth quarter of 2024. In the last few months, paper price increases have been implemented to largely recover the declines. In Uncoated Fine Paper, market conditions remained muted with lower average selling prices in the quarter when compared to Q4 2024. Profitability was supported by strong cost control.

Sappi Chief Executive Officer, Steve Binnie said: “The operating performance for the second quarter fell short of expectations due to challenging market conditions and issues that arose during scheduled maintenance shuts, with the group delivering Adjusted EBITDA of US$107 million.” Challenging market conditions prevailed across all segments, driven by heightened uncertainty from potential global trade tensions and a broader economic slowdown, which placed downward pressure on selling prices. The forestry fair value price adjustment for the quarter was a loss of US$17 million. Despite these headwinds, year-on-year sales volumes remained stable, with a modest recovery in packaging and speciality papers volumes, underscoring the long-term potential of these markets. While market conditions for graphic papers remained soft, targeted efforts to grow market share delivered positive year-on-year gains. Amid these macroeconomic challenges, the group remained focused on optimising asset utilisation and advancing cost-saving initiatives to support future performance. The quarter was negatively impacted by issues that arose during the scheduled maintenance shuts in South Africa, which required additional repairs and extended the shutdowns beyond the planned timeline thereby reducing production for the period. This resulted in an additional financial impact of US$13 million over and above the US$45 million guidance. These issues were resolved and both Saiccor and Ngodwana Mills are running well post start-up. The quarter was also affected by the extended shut for the conversion and expansion of Somerset Mill PM2 in North America, which was US$20 million as per guidance.

The Company reported an operating income of $10.8 million for the first quarter of 2025, compared to $4.1 million for the fourth quarter of 2024. These results were largely driven by a modest uplift in the Company’s average Northern Bleached Softwood Kraft (“NBSK”) pulp unit sales realizations in the current quarter combined with a 6% increase in pulp production compared to the fourth quarter of 2024. Commenting on the Company’s first quarter results, CPPI’s President and Chief Executive Officer, Stephen Mackie, said, “With improved operational performance and some positive momentum in market conditions early in 2025, we are pleased to see another quarter of positive results for our pulp business. Despite the increase in results, however, global economic uncertainty influenced pulp market conditions in the latter part of the first quarter and continues to do so early in the second quarter. Going forward, we will work to navigate these external challenges facing our business while focusing on improving safety, reliability and overall operating performance.”

As President and COO, Torres will be responsible for the day-to-day operations of Kimberly-Clark's business segments. He will also have responsibility for the Global Supply Chain, R&D, Global Growth and Digital Technology Solutions organizations. Torres will continue to report to Mike Hsu, Kimberly-Clark's Chairman and CEO. Kurt Laufer, current President of US Consumer Sales, will serve as Interim President, North America while the Company conducts a search to identify a permanent successor. Torres has served as President of Kimberly-Clark's North America business since October 2024, responsible for the Company's personal care, family care and professional businesses in North America. Prior to that, he served as Group President, K-C North America since 2021, where he was responsible for the consumer business in North America, and as President of K-C Professional from 2020 to 2021, where he led business-to-business operations globally. Torres has more than 25 years of experience in the consumer product goods industry, and prior to Kimberly-Clark served in a number of key senior leadership roles at Newell Brands, Bain & Company and Mondelez International (formerly Kraft Foods).

President and CEO Ilkka Hämälä: "Like last year, the first quarter of 2025 was marked by low demand and a weak financial result. Comparable result improved from the first quarter of 2024, largely because of the impact of political strikes in the comparison period. The market outlook for business areas is consistent with previous reports. Wood supply is progressing as planned at a slightly increasing price level, while demand in the mechanical forest industry is not showing signs of recovery in the construction industry. Demand for Kerto® LVL has remained at a good level, and sawn timber prices have increased during the first quarter. Market development of the pulp business is affected by the uncertainties concerning China’s economy, and the increased capacity of eucalyptus pulp. However, the price indexes for both the Chinese and European markets increased slightly in the first quarter.

“We delivered a strong first quarter, with improved operational execution, lower cost structure, and higher shipments,” said Arsen Kitch, president and chief executive officer. “Our team also successfully completed the integration of the Augusta mill and is now focused on fully capturing volume and cost synergies by the end of 2026.” For the first quarter of 2025, Clearwater Paper reported net sales of $378 million compared to $259 million for the first quarter of 2024. Clearwater Paper reported net loss from continuing operations in the first quarter of 2025 of $6 million, or $0.36 per diluted share compared to net loss from continuing operations of $2 million, or $0.12 per diluted share for the first quarter of 2024. Adjusted EBITDA was $30 million compared to $14 million in the first quarter of 2024. The increase in Adjusted EBITDA was primarily driven by higher sales volume due to the inclusion of our Augusta facility, the absence of a significant weather event at our Lewiston, Idaho facility that negatively impacted the first quarter of 2024 and benefits from our cost reduction plan, offset by lower sales prices.

Helen Mets, President and CEO, comments on the first quarter 2025: In a volatile and uncertain market, we have achieved a record-high comparable EBITDA for the first quarter of 2025. This is driven by the ongoing disciplined execution of our strategy. We once again reached a new high for margin on variable cost per ton, thanks to our focus on pricing, variable cost efficiency, operational excellence, and an improved product mix. Additionally, our operating cash flow remained solid. Customer activity increased, and most businesses matched the solid levels achieved in the first quarter of 2024. I am particularly proud that our customer net loyalty score, already in the highest decile in our industry, improved in each of our businesses. This reflects the strength of the partnerships we have with our customers. We took significant steps to strengthen our business portfolio for the future. We recently announced the execution of a binding agreement to acquire Stevens Point, a high-end solutions provider in food, consumer packaging, and e-commerce applications. The acquisition brings Ahlstrom world-class assets, premium products, long-standing customer relationships, and an experienced team.

Comments by the CEO (Ivar Vatne): Quarter one was a solid quarter for Billerud and an encouraging start of the year. Despite significant FX headwind, primarily driven by the strengthening of SEK versus the USD, we delivered strong profitability growth in both regions and improved cash flow compared to last year. The financial performance in the quarter was in line with our own expectations. Region North America continues to deliver outstanding results. Capacity utilization at the mills has increased, and sales volumes reached their highest quarterly level in more than two years, leading to an impressive EBITDA margin of 21%. A significant milestone on our Evolve journey towards packaging materials was reached at the beginning of the year, as we produced and sold our first white kraftliner from our Quinnesec mill under the brand Tribute®. This was an important step in our journey towards locally produced packaging materials in North America. We are now actively engaged in sales dialogues and product trials with numerous packaging manufacturers and new customers. We are also progressing as per plan on our evolution investment program that will further enable large-scale paperboard production in the future.

Drytac, the leading international manufacturer of self-adhesive materials for the large-format print and signage markets, is delighted to announce the global availability of Polar Blockout UV opaque printable block out film. Polar Blockout UV is a 2.0 mil (50μ) highly opaque layered white PET film with a gloss finish. It is coated with a white pressure-sensitive, permanent aqueous acrylic adhesive which is protected by a siliconized PE coated release paper. It is the ideal solution for users to create double-sided window graphics without the need for ink layers or white ink. Launched in North America towards the end of 2023 with much success, Polar Blockout UV is now being offered to customers in markets around the world. Customers can simply pair the material with a reverse printed clear print media such as Drytac’s SpotOn Clear Gloss or for a non-PVC solution, with Drytac’s award-winning ReTac Clear PET – to produce eye-catching window graphics applications.

Massimo Reynaudo, President and CEO, comments on the results: “We had a good start to the year and improved performance compared to the previous quarter. Markets were gradually recovering in pulp and advanced materials, while our actions to sharpen competitiveness started to bear fruit in several businesses. We made progress towards our growth ambition with the acquisition of Metamark, and we completed our first share buy-back program by early April. In Q1, our sales were €2,646 million, broadly in line with the preceding quarter as well as with Q1 2024. Comparable EBIT was €287 million, down 14% from last year’s corresponding quarter. Operating cash flow was €289 million. Our financial position continues to be solid, with net debt to EBITDA ratio of 1.77 at the end of March.

“We delivered a strong first quarter, in-line with expectations,” said Deon Stander, president and CEO. “Both our Materials and Solutions Groups achieved strong results in a dynamic environment. “We have a proven track record of delivering strong results across cycles, due to the strength of our overall franchise,” added Stander. “While uncertainty is elevated, we are prepared for multiple scenarios as we progress through the year. “Once again, I want to thank our agile, engaged and talented team for their focus on excellence and commitment to addressing challenges at hand.”

Norske Skog reported an EBITDA of NOK 612 million in the first quarter of 2025 up from NOK 33 million in the previous quarter, mainly due to the final insurance settlement of NOK 560 million at Norske Skog Saugbrugs. Norske Skog continued to increase the market share for both publication paper and packaging paper in the quarter, despite continued pressure on utilisation rates and profitability in the industry. “Containerboard production at Norske Skog Golbey will start in about one week, marking the completion of a significant investment project for the group. This EUR 320 million investment will be a major milestone in the group’s transformation from a pure publication paper producer to also become a packaging paper supplier. With this large and modern production line, fully based on recycled fibre, we will increase our total delivery capacity by more than 35% and vastly enhance our ability to serve the growing demand for containerboard,” says Geir Drangsland, CEO of Norske Skog.

The American Forest & Paper Association (AF&PA) released the March 2025 Printing-Writing Monthly report. According to the report, total printing-writing paper shipments decreased 5% in March compared to March 2024. U.S. purchases of total printing-writing papers decreased 8% in February compared to the same month last year. Total printing-writing paper inventory levels in March decreased 2% when compared to February 2025. Total U.S. shipments across all three major Printing-Writing categories—Uncoated Free Sheet (UFS), Coated Free Sheet (CFS), and Mechanical (MECH) papers—declined on both a month-over-month (MoM) and year-to-date (YTD) basis. Overall, shipments fell by 5.3% MoM and 7.2% YTD. Breaking it down by category: UFS shipments dropped 7.2% MoM and 8.3% YTD, while CFS declined 5.8% MoM and 8.2% YTD. In contrast, Mechanical papers bucked the trend with a 12.5% increase MoM and a 3.0% gain YTD.

Sylvamo is announcing Jean-Michel Ribiéras, chairman and chief executive officer, will retire Dec. 31. John Sims, who currently serves as senior vice president and chief financial officer, has been elected chief operating officer by the company’s board of directors, effective May 1. As COO, Sims will lead commercial and operational functions, while Ribiéras continues to lead corporate functions until his retirement. Sims will then become Sylvamo’s next CEO Jan 1, 2026. Don Devlin has been elected senior vice president and CFO to succeed Sims, effective May 1. Devlin joins Sylvamo from International Paper, where he held numerous leadership and finance positions, most recently serving as vice president, transformation and strategy deployment.

Ahlstrom expands WallStar® Digital, it’s 100% PVC-free nonwoven portfolio for wallcovering, delivering exceptional digital print quality and limitless creative potential. In addition to WallStar® Digital Wallcover, the range now includes three new segments: Easy, Advance and Essential. Engineered for all digital printing technologies, they offer various advantages like rich textures, outstanding durability, ease of application, and responsibly sourced materials. This expansion reinforces Ahlstrom’s commitment to providing innovative solutions that address the growing need for safe, sustainable and high-performance materials. Ahlstrom’s new WallStar® Digital EASY offers an extensive range of pre-pasted and self-adhesive nonwovens. Both options ensure a quick, clean, and hassle-free installation, making wall decoration much easier.

Ahlstrom, a global leader in fiber-based specialty materials, operates 15 manufacturing facilities around the globe to support filtration customers in every region.  Over the past few years, Ahlstrom has developed a range of filtration materials with the same level of quality in North America, Europe, and Asia. This provides customers with security of supply, agility, and a more effective and sustainable supply chain. The high-quality filtration materials manufactured in each region are suitable for all engine applications, including air, oil, and fuel, as well as for a wide range of industrial uses such as gas turbines, dust collectors, and liquid filtration.

International technology group ANDRITZ has been awarded significant service contracts by SCA, Europe’s largest private forest owner, to further improve the performance of the Östrand pulp mill in northern Sweden. The contracts include the replacement of an economizer in the recovery boiler and the implementation of the SYNERGY Services concept for the white liquor plant and pulp drying processes. These improvements will increase availability and efficiency, thus helping to deliver the mill’s primary objective of increasing pulp production. Replacing recovery boiler heating surfaces, such as economizers, is one of ANDRITZ’s core service capabilities. According to Per Strand, Mill Manager at SCA Östrand: “We appreciated the solid design of the ANDRITZ economizers and the dedication shown by the project team. When we tested the SYNERGY concept, we found it to offer a structured approach that we believe can support our efforts to optimize pulp production at the Östrand mill.”

Fedrigoni will open a 6,400 square-meter slitting centre with new-generation, 2 metre wide equipment at Segro Park Frechen, near Cologne, in the fourth quarter of 2025. The plant will process 90 million square metres per year of self-adhesive films and papers for the food & beverage, personal care and retail sectors, serving Germany, the Netherlands, Belgium and northern France; with potential for future growth both in terms of production capacity and additional market segments served. “The goal is to improve service and reduce delivery times, strengthening Fedrigoni’s presence in Europe,’ says Fernando Giron, Sales Director EMEA” says Fernando Giron, Commercial Director EMEA Roll & Sheet Label. Sustainability is a key focus, with recycled construction materials and photovoltaic-powered heat pumps. The new hub joins Fedrigoni’s slitting center in Poland, further expanding its European network.

HEINZEL GROUP published its results for 2024, reporting progress in strategic growth and sustainability. A key milestone was the successful start-up of PM6 at the Steyrermühl site, which was integrated into the Group as of January 1, 2024. Net sales rose to EUR 2,164.4 million (excluding the discontinued operations of Raubling). The Group also achieved a -4.7% CO₂ emissions reduction in 2024, amounting to a total of -23.7% (Scope 1 & 2) since the base year 2021, reinforcing its commitment to defossilization. HEINZEL GROUP produced 1.31 million tons of pulp and paper in 2024. Sales totaled 3.17 million tons. EBITDA reached EUR 101.9 million, investments in property, plant, and equipment amounted to EUR 107.8 million. The rebuild of PM11 at Laakirchen, which began in 2024 and started production of containerboard on April 1, 2025, represents a significant investment and further expands the Group’s capacity for sustainable packaging papers.

UPM Raflatac has set a new labeling industry standard by embedding product footprint data directly into customer quotes. These product footprints, known as product passport prototypes (PPPs), provide label converters with transparent environmental data, helping them to make informed material choices and to reduce Scope 3 emissions* at source. The PPPs are automatically linked to UPM Raflatac quote documents, giving its customers a full assessment of their label material’s environmental impact. Each PPP offers an array of environmental metrics over the entire lifecycle of the label, enabling converters to assess and minimize their footprint, even at the early purchasing stage. With raw materials accounting for 70–90% of converters’ total environmental impact, access to real-time footprint data is critical for helping them make more sustainable decisions. PPPs also give converters a competitive edge by helping them respond quickly to customer inquiries about sustainability. “The new feature is a game-changer for how we evaluate sustainable performance of materials and make better, more informed choices on the right environmental selection for our customers and our vision of No Waste,” says Jason Fuller, Procurement Category Manager of COVERIS, a leading European packaging company.

Oliver Taudien, senior vice president and general manager, Europe, is leaving the company after a transition period. He has been with Sylvamo since its inception as a spinoff of International Paper in 2021. During his 27-year career, he held numerous leadership roles in finance and strategy, information technology and general management. Shawn Lawson will become senior vice president and general manager, Europe, effective May 1. She joins Sylvamo from International Paper, where she held positions of increasing responsibility over the last 20 years, most recently serving as vice president and general manager, European Packaging. “I appreciate Oliver’s many contributions and his leadership in establishing Sylvamo in Europe,” said Jean-Michel Ribiéras, chairman and chief executive officer. “I am excited to welcome Shawn, who will help us continue to pursue our vision of being the employer, supplier and investment of choice across Europe and around the world.” Lawson will be based in Madrid, Spain.

Ahlstrom announces the execution of a binding agreement to acquire Stevens Point, a high-end solutions provider in food, consumer packaging and e-commerce applications, from Pixelle Specialty Solutions. In parallel, Ahlstrom will create a dedicated Performance Materials cluster to sharpen its strategic focus and optimize growth opportunities. These two transformational steps are part of Ahlstrom's ongoing commitments to innovation and customer satisfaction. The acquisition of this best-in-class business includes premium-quality products, long-standing customer relationships, and the experience and expertise of its 260 people, representing a significant milestone in Ahlstrom’s growth transformation. Based in Wisconsin, USA, the business adds unique capabilities that will support customers’ transition to sustainable packaging and strengthen Ahlstrom's leadership and footprint in its Food & Consumer Packaging segment. This step aligns with the company’s long-term growth objectives and will deliver more value to its customers and stakeholders. The acquisition is highly complementary to Ahlstrom’s existing product portfolio. Stevens Point’s superior technical expertise include state-of-the-art finishing and coating capabilities that will significantly enhance the company’s ability to meet growing customers’ needs.

UPM Raflatac, a global supplier of sustainable self-adhesive paper and film products, and Mark Andy, a leading manufacturer of narrow- and mid-web printing and finishing equipment, announce the renewal of their strategic partnership in the Americas for the sixth consecutive year. This global collaboration leverages UPM Raflatac's extensive portfolio of sustainable labeling materials and Mark Andy's cutting-edge printing technologies to deliver high-quality, innovative label printing solutions to the Americas and European markets. The two companies work closely on a wide range of label materials compatible with Mark Andy’s conventional, hybrid and digital printing presses, providing labeling solutions optimized for performance, sustainability and cost-efficiency. Both organizations remain committed to their ongoing partnership and recognize the value it brings to label and packaging converters. “We’re pleased to continue our partnership with Mark Andy, a market leader in conventional printing with a strong presence in the digital printing segment. By combining our expertise, we provide label printing solutions that help our customers stay ahead in a competitive market. We look forward to strengthening this collaboration and creating even more value for the industry,” said Kirit Naik, Senior Manager, New Materials & Technologies, Graphics, UPM Raflatac.

Lecta reinforces its commitment to the environment and to the circular economy with the launch of GardaRecycled Print, its new 100% recycled coated paper with outstanding print performance. GardaRecycled Print is a two-side coated paper with a natural shade and high opacity, ensuring excellent print quality for both color and black-and-white texts and images. Made entirely from recycled fibers, it is FSC® Recycled Credit certified. Available in sheets and reels, GardaRecycled Print comes in a range of grammages from 115 to 170 g/m², making it suitable for a variety of applications, such as annual and environmental reports, brochures, catalogues, leaflets, books, direct mail, and promotional print. This paper is compatible with multiple printing techniques, including flexography, offset, laser, dry toner, and high-speed continuous-feed inkjet press.

Sustana, a leader in quality recycled fiber products and services, is proud to announce that it has once again earned the Gold Medal from EcoVadis for its commitment to sustainability. For the second consecutive year, Sustana has maintained its position in the top 5% of companies worldwide recognized for sustainable development. This year’s impressive score of 79 now places Sustana in the top 3% of all global companies assessed by EcoVadis. “I am incredibly proud of this accomplishment and the outstanding work of our teams”, said Nathan Jeppson, CEO. “Sustainability practices continue to evolve with new regulations and emerging issues. It’s crucial for Sustana to stay informed and proactive in addressing these changes. Our EcoVadis assessment helps us remain vigilant about best practices and new actions to extend our leadership in sustainable development.” Staying true to its mission of promoting and practicing sustainability, Sustana remains committed to advancing innovative initiatives that improve safety, equity, and diversity in its operations and the broader industry.

Metsä Board Corporation’s long-term CEO Mika Joukio has decided to step down from his CEO position as of 7 April 2025 in accordance with the agreement he has made today with the Board of Directors of the company. The Board of Directors of Metsä Board Corporation has appointed Metsä Group’s EVP, Strategy, Esa Kaikkonen (LLM, trained on the bench), as the new CEO of the company as of 7 April 2025. Joukio will continue with Metsä Board until the beginning of October 2025 and support Kaikkonen during the transition period. Ilkka Hämälä, Chair of the Board of Directors: “Mika Joukio has had a long and successful career in Metsä Board’s paperboard business. His career began 35 years ago at company’s Tako board mill and he advanced to become the CEO of Metsä Board in 2014 through leadership responsibilities at various mills and businesses. Mika is renowned for his strong expertise regarding clients, products and paperboard business as well as for leadership that is clear, straightforward and inspiring for his organization. Over the last few years, Metsä Board has made significant investments, among others, at Husum pulp and paperboard mills and Kemi linerboard mill. In addition to these completed investments, the first investment phase of a remarkable modernisation project of Simpele paperboard is ongoing. Also the industrial structure of the company, especially at its Pirkanmaa mills, has been substantially developed. The company is now at a stage of development where it is a good time to transfer leadership to a new CEO. On behalf of the Board of Directors, I would like to warmly thank Mika for his achievements and significant contributions for the company.”

Ahlstrom announces the launch of a new Absorbent Glass Mat (AGM) battery separator platform, manufactured at a state-of-the-art facility in Turin, Italy. It reinforces Ahlstrom’s position as a trusted partner to battery manufacturers, delivering high-performance, customizable AGM separator solutions for the growing global demand for reliable and efficient energy storage solutions. As the demand for high-performance energy storage solutions accelerates, AGM lead acid batteries continue to be a cornerstone of high-performance power solutions. They enable rapid charge and discharge cycles across automotive, renewable energy, telecommunications, and industrial power backup applications. AGM separators—essential to battery safety, efficiency, and longevity—are evolving to meet the industry’s growing need for higher energy efficiency, durability, and sustainability. Next-generation AGM separators deliver unmatched product uniformity, optimized fiber dispersion, and superior electrolyte retention, which ensure low electrical resistance and enhanced charge acceptance for maximized battery efficiency and lifespan.

Ahlstrom, a global leader in fiber-based specialty materials, has released its Sustainability Report 2024 today. The report covers Ahlstrom's performance and recognitions in key areas of sustainability and provides insights into Ahlstrom’s strategy and transformation. Ahlstrom’s growth transformation is guided by its purpose: “To Purify and Protect with Every Fiber for a Sustainable World”. Sustainability is a fundamental driver for Ahlstrom, and 2024 demonstrates how delivering on commitments brings value to stakeholders. Ahlstrom’s strong position as a sustainable specialty materials company empowers customers to create solutions to address global trends and accelerate their sustainability efforts.

Drytac, the leading international manufacturer of self-adhesive materials for the large-format print and signage markets, is delighted to announce its Polar Grip Air white polymeric self-adhesive vinyl with air release technology will soon be offered to markets outside North America. Polar Grip Air was first rolled out in mid-2023, with the initial focus being on the North American market. However, following strong uptake over the past 18 months, Drytac will now make the product available to customers around the world. Built on the same technology as Drytac Polar Grip, Polar Grip Air differs by offering even easier installation, thanks to Drytac’s innovative bubble-free adhesive technology. The vinyl features a high-coat weight grey adhesive and allows users to permanently apply graphics onto many surfaces including metal, plastic, wood, glass, brick and more.

Fedrigoni has taken a significant step in its sustainability journey with the official approval of its climate action targets by the Science-Based Targets Initiative (SBTi). This recognition reaffirms the company’s dedication to sustainable actions, aligning its business with global scientific consensus to combat climate change. By setting science-based targets, Fedrigoni ensures its emissions reduction strategy follows the latest climate science, contributing to the broader efforts of SBTi companies taking action against global warming.

Drytac, the leading international manufacturer of self-adhesive materials for the large-format print and signage markets, is delighted to announce that it will once again feature at this year’s edition of the ISA Sign Expo. Taking place from April 23-25 at the Mandalay Bay Convention Centre in Las Vegas, Nevada, the ISA Sign Expo is one of the best-attended events on the global signage calendar. Drytac will join a host of other leading manufacturers and suppliers in demonstrating its latest and most popular solutions to an audience of thousands. Drytac will work with several partners to showcase its products, with those in attendance able to see both new and existing materials in action across a range of machines.

Ahlstrom enhances its offering for its patented lignin-based filtration media. A proven, high-performance alternative to traditional filtration materials further supports customers in making sustainable choices. Ahlstrom ECO™, introduced in 2023, combines a proprietary lignin-based impregnation, replacing fossil-based resin with a renewable, bio-based cellulose filtration media. This innovation significantly reduces reliance on non-renewable resources while maintaining exceptional durability, mechanical strength, and filtration performance. Designed for liquid and air filtration, Ahlstrom ECO™ is ideal for engine oil and engine air intake filtration, as well as for industrial filtration systems operating under challenging conditions. By delivering superior filtration performance, it helps optimize equipment protection while contributing to a lower environmental impact.

The continued rise in the prices of wood raw materials, the negative market development, especially for CTMP pulp produced in Rottneros Mill, and a weaker USD, have had a negative impact on the Rottneros Group's financial performance in the first quarter of 2025. The company thus expects a weaker result compared to the fourth quarter of 2024, when EBIT amounted to SEK -28 million. As a consequence of the weak development, the Group's ongoing focus on cost efficiencies has been further intensified. The company's report for the first quarter will be published on April 29, 2025.

The imposition of import tariffs by the US would have a significant impact on EU pulp, paper and board exports. While a positive issue to transatlantic negotiations may still be possible, Europe’s pulp and paper industry in coordination with the European Commission has been preparing for the effects of a potential EU retaliation. On March 12, the United States government-imposed tariffs on steel and aluminium and signalled that it may impose tariffs on a broader range of EU goods, potentially including pulp and paper products, in April. Cepi, representing the European pulp and paper industry, is now taking part in a consultation launched by the European Commission on the list of American products targeted by European retaliation measures. The list of products presented is open to consultation by industry representatives until 26 March. It will then be submitted to EU member states for approval. The Commission is aiming for entry into force in mid-April. Cepi advocates for a ‘negotiation first’ approach.

According to the report, total printing-writing paper shipments decreased 9% in February compared to February 2024. Total printing-writing paper inventory levels decreased 3% when compared to January 2025. U.S. purchases of total printing-writing papers decreased 4% in January compared to the same month last year. On a daily basis, U.S. shipments across all 3 major P-W categories (UFS, CFS, and MECH) in February saw mixed results. Uncoated Free Sheet (UFS) and Mechanical (MECH) paper shipments increased 5% and 15%, respectively when compared to January, while Coated Free Sheet (CFS) shipments decreased by 3%.

As part of its strategy to provide high-value, innovative, and environmentally responsible products, Lecta introduces Linerset FP, a groundbreaking high-performance barrier base paper designed for flexible packaging solutions. This product is the ideal solution for converters and printers seeking to incorporate advanced barrier properties into their packaging, or using it as it is, offering a strong, flexible, translucent alternative for use in bags, pouches, and wrapping applications. At the present time, when commitment to sustainability is a must, Linerset FP stands out as an innovative product that allows the replacement of non-recyclable multilayer packaging with fully recyclable alternatives. Tailored for use in flexographic printing processes, Linerset FP not only meets but exceeds market demands for more sustainable packaging solutions. This versatile material is suitable for a wide range of applications, including food packaging, industrial packaging, and more. Available in a variety of grammages (40, 45, 50, 56 and 78 g/m²), Linerset FP offers the flexibility to meet the diverse needs of customers across various industries.

Tronox Holdings plc the world’s leading integrated manufacturer of titanium dioxide (TiO2) pigment, announced that as a result of a strategic review of its asset footprint, Tronox has informed its Netherlands’ labor force that it intends to idle its 90,000 metric ton per year TiO2 plant in Botlek, the Netherlands. The site is currently shut-down due to an outage by the site’s chlorine supplier that began on March 6, 2025, but upon conclusion of consultation with the works council, is not expected to be brought back online. Tronox expects this action will not impact its ability to serve customers, as the Company will leverage its diverse footprint to provide uninterrupted supply. The operating site currently employs approximately 240 impacted permanent staff. John D. Romano, Chief Executive Officer, commented, “Our announcement today is the result of an extensive review of our asset footprint driven by the ongoing global supply imbalance caused by Chinese competition as well as an increasingly challenged operating environment over the last two and a half years. Idling our Botlek facility enables the optimization of our remaining facilities and improves our overall manufacturing costs. Our Botlek colleagues are an important part of our Tronox team. We are committed to assisting employees during this difficult time and will be providing support by local management and a comprehensive range of services.”

Our Windsor Mill recently earned its ISO 50001 certification. The international ISO 50001 standard recognizes organizations for improving energy use through the development of an energy management system (EnMS). The new Windsor Mill certification is part of our ongoing commitment to lower our environmental footprint, and it highlights the mill’s environmental performance, which is among the best for mills in North America. “Two years ago, the mill adopted a new energy and greenhouse gas (GHG) management plan, and as part of that process we coordinated all of the actions and studies needed for ISO 50001 certification,” says Eric Olivier, Windsor Mill’s environmental process and sustainability manager. “The plan helps us lower our energy costs, which is one of the mill’s largest budget items. It also is consistent with Domtar’s long-term sustainability commitment to continuously improve our environmental performance.”

Mondi, a global leader in sustainable packaging and paper, is collaborating with Hans Schmid KG, one of Europe’s most important independent impregnators, supplying the partner with its saturated kraft paper Ad/Vantage Boost for the furniture and flooring industry. Mondi and Hans Schmid closely work together to serve the European market with high-quality impregnated paper suitable for laminated products, which are then used to manufacture furniture, worktops, and other industrial applications. Hans Schmid impregnates Mondi’s Ad/Vantage Boost. The impregnated Ad/Vantage Boost is used by the wood-based materials industry to produce high-quality laminates for flooring, kitchen worktops and more before these products are delivered to the end consumer. Ad/Vantage Boost is suitable for high-performance laminate applications due to its strength and absorbency. It serves as a carrier for resin, which is then pressed into laminate layers under heat. The paper is created with 100% responsibly sourced unbleached fresh long fibres in Sweden and Austria and is available FSC® * or PEFC certified.

Mativ Holdings, Inc. announced the appointment of Shruti Singhal, current member of Mativ’s Board of Directors, as President and Chief Executive Officer, effective today. Mr. Singhal succeeds Julie Schertell, who has stepped down as President and Chief Executive Officer, and as a director. Mr. Singhal brings extensive expertise leading transformations through strong operational and commercial execution, profitability initiatives, and driving innovation. He previously served as CEO of Galata Chemicals and Chroma Color, and has held roles of increasing responsibility at global businesses including DSM, General Cable, Solenis, Ashland, The Dow Chemical Company, Rohm and Haas, Cognis (now BASF) and Henkel. “Mativ has a strong core business with innovative and differentiated specialty materials products and strategic initiatives in place to enhance profitability and drive growth,” said Dr. Kimberly E. Ritrievi, Chair of the Board of Directors. “We recognize the need to accelerate the pace of execution, lower costs, improve cash flow and reduce leverage. Shruti brings decades of experience leading corporate turnarounds and a track record of driving strong financial and operating performance in global industrial organizations. We are confident Shruti is the right person to drive the business forward with urgency and ensure the Company reaches its full potential.”

Amcor is the proud recipient of two Silver Flexible Packaging Achievement Awards in the category of Sustainability. The awards were presented today during the Achievement Awards Breakfast, held in conjunction with the Flexible Packaging Association (FPA) 2025 Annual Meeting, in Aventura, Florida. “We are honored to be recognized by the FPA for innovations that are making a difference for our customers and the environment,” said Brian Carvill, vice president of research and development at Amcor Flexibles North America. “Amcor’s winning packaging and equipment demonstrate how we apply our capabilities in material science and packaging technology to unlock growth for our customers and deliver more sustainable solutions.”