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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.
Sappi employees provide assistance to 27 charitable organizations.
Metsä Group, which Metsä Board is part of, has today published an updated Green Finance Framework. Metsä Group's previous Green Finance Framework is from 2019. The Framework enables the continued issuance of green debt instruments in line with the latest market practices and further integrates Metsä Group's 2030 strategic sustainability targets into financing.
The FSC is terminating the Trademark License Agreement (TLA) of the eight certificate holders belonging to the Vinda group through a mutually agreed termination agreement. Hence, the Vinda group can no longer be associated with FSC because it was recently acquired by the Royal Golden Eagle (RGE) group. FSC disassociated from the RGE group, which includes APRIL, in August 2013.
As a member of the Forum's Global Alliance for Women's Health, Essity assumes the role of leading partner in menstrual health and as such leads the Alliance's work to measure and close the gaps in this area.
UFP Industries, Inc. (UFPI) announced Q2 2024 results including net sales of $1.9 billion, net earnings attributable to controlling interest of $126 million, and earnings per diluted share of $2.05.
Graphic Packaging Holding Company's net income was $190 million, or $0.62 per share, based upon 306.9 million weighted average diluted shares.
In the Packaging segment, corrugated products shipments per day were up 9.2% over last year's Q2 and total shipments, with one additional shipping day, were up 10.9%.
Södra posted a stable result for the second quarter of 2024. Several important decisions were made during the quarter in line with Södra's strategy to increase the added value of its wood raw material and do more with each tree.
The Company recently completed a share capital reduction which has resulted in the creation of distributable reserves giving maximum flexibility to consider the payment of quarterly dividends and otherwise to return value to our shareholders, should the Board consider it appropriate.
Construction will begin in the fall, and commissioning is scheduled for 2025. The investment will allow the plant to reduce its CO2 emissions by 9,100 tons per year.
An extensive range of facestock and release liners specially designed for the American markets.
Cascades is pleased to announce the creation of a mural at its Candiac plant to mark the company's 60th anniversary in 2024. The mural is being created by the artist collective TYXNA.
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