Proposed members to the Board of Directors of the new forest company planned to be separated from Stora Enso

KP Tissue Inc. announced that Mr. Mario Gosselin has decided to retire from his position as Chief Executive Officer of KP Tissue and Kruger Products L.P. as of March 8, 2018, and that Mr. Dino Bianco will succeed him. Mr. Gosselin began his career with Kruger Inc. almost 40 years ago and has held a number of senior positions with the group in both Canada and the U.K. Mr. Gosselin was appointed CEO of KPLP in October 2012. "Although Mario has achieved many accomplishments throughout his career, he will be remembered above all for his leadership, the successful implementation of many capital projects including the TAD Project in Memphis, the seamless transition to a public company and growing KPLP's sales from $923 million in 2012 to $1.2 billion in 2016. On behalf of the Board and of all the employees, I would like to sincerely thank Mario for his exceptional contributions," said Mr. Joseph Kruger II, Chairman of Kruger Products. Click Read More below for additional information.

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.

Solenis, a leading global producer of specialty chemicals, will increase prices by up to 20 percent on all wet strength resins in EMEA, effective immediately or as contracts allow. The price increase is necessary due to lack of raw material availability, escalating key raw material costs and a surge in freight costs that has led to additional pressure on our global supply chain. “We are unable to absorb the impact of the increased costs that we are currently experiencing but we will continue to work in partnership with our customers to help mitigate the increases,” said Jose Santolaya, director, EMEA marketing and product management.