Pregis® is expanding its dedication to making a positive global impact through its Inspyre product line and continued focus on social responsibility. At the heart of the Pregis Purpose is the drive to protect what matters, preserve the planet, and 'inspyre' change--a purpose that extends well beyond packaging.
Suzano, the world's leading market pulp producer, announced new applications of its sustainable bio-based materials in China at the Suzano Bioeconomy Forum in Shanghai.
Ahlstrom, a leader in sustainable fiber-based specialty materials, has signed an agreement to divest its Aspa pulp mill in Sweden to Sweden Timber. The agreement includes the pulp mill and all its operations. This is a key step in Ahlstrom's growth transformation journey, reinforcing the company's strategic commitment to sustainable specialty materials.
On October 11, 2024, at the Alberta Court of Justice, Mercer Peace River Pulp Ltd. (Mercer Peace River) was ordered to pay a $1 million fine after pleading guilty on September 4, 2024, to one count of violating the Fisheries Act.
Metsä Wood, part of Metsä Group, plans to discontinue plywood production in Suolahti, Finland. The plan to end production at the Suolahti mill is based on its poor profitability.
The New York Stock Exchange will delist Enviva's stock by October 22, marking the final chapter in the company's dramatic fall from a market value of nearly $6 billion in 2022. The wood-pellet producer's financial troubles arose from a failed bet on pellet prices, pushing the firm into bankruptcy and wiping out shareholders.
"The service market has developed somewhat slower in EMEA, China and Asia-Pacific than Valmet previously expected. In addition, market activity in process technologies for board and paper has been slower than previously expected and some customers have postponed their final investment decisions," the company writes in its press release.
