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Showing 7 articles from February 5, 2025.

People in the News

Klaus Peller leaves CEO position at Syktyvkar LPK in Russia

Klaus Peller, CEO of Syktyvkar LPK, will leave his position on March 5, 2025, the company announced.

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Industry News

B.C. forms softwood lumber council to address U.S. trade dispute
B.C. forms softwood lumber council to address U.S. trade dispute

British Columbia has established the B.C. Softwood Lumber Advisory Council to address the ongoing softwood lumber dispute with the United States.

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RYAM Announces Strong Preliminary 2024 Financial Results and Provides Update on Tariffs
RYAM Announces Strong Preliminary 2024 Financial Results and Provides Update on Tariffs

Rayonier Advanced Materials Inc., the global leader in High Purity Cellulose, announced unaudited preliminary financial results for the fiscal year ended December 31, 2024, and provided an update on tariffs.

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UPM Raflatac and Corning Conduct Collaborative Study to Help Advance Sustainability in Pharma Packaging
UPM Raflatac and Corning Conduct Collaborative Study to Help Advance Sustainability in Pharma Packaging

UPM Raflatac, a global supplier of self-adhesive paper and film products, and Corning Pharmaceutical Technologies, a division of Corning Incorporated, one of the world's leading innovators in materials science, have announced the results of a collaborative study. The results show that a combination of the two companies' products performs well in a variety of challenging drug product storage conditions and offers significant sustainability benefits for pharmaceutical industry innovators.

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UPM sales reach Euro 10.3 billion in 2024 as EBIT rises 21 percent
UPM sales reach Euro 10.3 billion in 2024 as EBIT rises 21 percent

UPM-Kymmene reports 2024 sales of Euro 10.3 billion, a 1% decrease from Euro 10.5 billion in 2023.

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Leading Stories

International Paper blames temperature-related malfunction for sulfur smell in Georgetown, South Carolina
International Paper blames temperature-related malfunction for sulfur smell in Georgetown, South Carolina

A process malfunction at the Georgetown paper mill caused by freezing temperatures spread a sulfur odor through the city, officials said Tuesday.

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UPM Raflatac accelerates its growth in Graphics by acquiring Metamark
UPM Raflatac accelerates its growth in Graphics by acquiring Metamark

UPM Raflatac has acquired Metamark, a UK-based company to further accelerate its growth in Graphics business. UPM Raflatac's existing Graphics business complemented with Metamark will strengthen UPM Raflatac's overall competitiveness, bring major synergies and make UPM Raflatac a significant player in the fast-growing, high value-added Graphics segment. The Enterprise Value of the transaction is GBP 146 million (approx. EUR 175 million).

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