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Net loss was USD 0.077747 million compared to USD 1.25 million a year ago. Basic loss per share from continuing operations was USD 0.008 compared to USD 0.12 a year ago. Diluted loss per share from continuing operations was USD 0.008 compared to USD 0.12 a year ago.
Sustainable consumer packaging company Graphic Packaging has entered into a virtual power purchase agreement with Zelestra, marking a significant step in its sustainability journey.
DS Smith's Recyclability Evaluation Service (RES) has launched for businesses of all sizes.
Glatfelter Corporation incurred a second-quarter 2024 earnings per share (EPS) loss of 35 cents from continuing operations, narrower than a loss of 82 cents per share in the prior-year quarter.
Mercer International Inc., a prominent player in the pulp and lumber industry, reported mixed results for the second quarter of 2024. The company's EBITDA saw a significant decrease to $30 million from $64 million in the previous quarter, primarily due to planned maintenance at two of its mills.
Interfor Corporation recorded a net loss in Q2 2024 of $75.8 million, or $1.47 per share, compared to a net loss of $72.9 million, or $1.42 per share in Q1 2024 and a net loss of $14.1 million, or $0.27 per share in Q2 2023.
Arctic Paper S.A. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported revenue was PLN 839.21 million compared to PLN 836.24 million a year ago.
International Paper has an integrated board and executive-level governance structure to oversee and set the tone on Environment, Social and Governance (ESG) topics across our businesses. The full board periodically reviews components of our sustainability strategy and performance including material ESG developments and issues.
In the second quarter, price and mix were favorable and input costs largely remained stable compared to last quarter.
For the six months, net income was USD 3.3 million compared to USD 27.3 million a year ago.
July marked the two-year anniversary of the merger of SWM and Neenah to create Mativ.
Industries are increasingly adopting circularity and advanced waste treatment methods to mitigate their environmental impact. The move towards a circular economy involves systemic change and rethinking production processes to minimize waste generation, promote recycling, and extend the lifecycle of materials.
This honor marks LP's 12th win in the 16-year history of the award program, including consecutive wins in 2022 and 2023.
Hugues Simon, who took over as president and chief executive in June, forecast third-quarter results would be stronger sequentially, driven by improved containerboard results as price increases are implemented and production efficiency levels are normalized following planned maintenance in the recent quarter as well as an unplanned extended downtime at the Bear Island and Greenpac operations.
UPM Energy makes the second phase investment in its innovative ultracapacitor project, which will further strengthen the ability of hydropower to balance the grid. The new installation will be located next to the Kuusankoski hydropower plant and is expected to be operational by summer 2025.
The quarterly earnings were $160 million or $2.23 per share, while the company reported loss of $20 million a year ago. On an adjusted basis, earnings were $2.09 per share.
International Paper (IP) reaffirms its dedication to conserving forest ecosystems, nature and biodiversity with a $15.3 million investment to renew strategic alliances with key conservation partners, including the American Forest Foundation (AFF), National Fish and Wildlife Foundation (NFWF), The Nature Conservancy (TNC) and World Wildlife Fund (WWF). These collaborations are pivotal to IP's business strategy
Revenue up 4.8 percent year-on-year to EUR 1.31 bn in the first half of 2024.
The Molpus Woodlands Group, LLC (Molpus), a leading timberland investment management organization, is pleased to announce the publication of its third annual sustainability report . This report highlights the company's continued dedication to sustainable forest management and environmental stewardship.
SupplyOne, Inc., the largest independent supplier of corrugated and other value-added packaging products, equipment, and services in North America., is proud to announce it has been honored with the Pregis Inspyre and Preserve Awards. These awards highlight SupplyOne's commitment to sustainability and dedicated efforts to improve lives worldwide.
At Greif, Protecting Our Future is a core principle of our "Build to Last" strategy. We're thrilled to announce that our recent acquisition, Ipackchem, has achieved the EcoVadis Platinum Rating for the third consecutive year, solidifying their position among the top 1% of companies for sustainability performance.
Embracing the theme 'Experience. Transformation,' Sun Chemical will present pioneering digital solutions designed to elevate business innovation across the industry.
UPM Raflatac is excited to announce the appointment of Brinder Gill as the new Senior Vice President (SVP) of the Americas Region, effective August 1, 2024. Currently serving as Director of the Paper Laminates Business Unit for the same region, Gill brings extensive knowledge, experience and enthusiasm to this leadership position.
Greif, Inc., a global leader in industrial packaging products and services, announced it has sold Delta Petroleum Company, Inc. ("Delta"), a North American filling and logistics services business, to PSC Group LLC, a North American leader in product handling, site logistics, railcar repair, and sustainability services for the petrochemical, refining, and marine industries.
DS Smith's Group Chief Executive has called for the new UK government to help make the UK a more attractive place to invest, and to align with EU regulation to support trade.
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