Leading Stories

Graphic Packaging Holding Company, a global leader in sustainable consumer packaging, has announced a virtual power purchase agreement (VPPA) with NextEra Energy Resources, LLC. Through the agreement, NextEra Energy Resources plans to build a 250-megawatt solar energy plant in West Texas, advancing Graphic Packaging's commitment to source renewable electricity and reduce its greenhouse gas (GHG) emissions.

An online auction will be held on Thursday, May 7, 2026 for High End Stock Prep, Pulping, and Finishing Equipment from the former Georgia-Pacific Specialty Pulp Mill in Perry, Florida.

Officials said the truck driver was taken to the hospital and a firefighter broke a finger. City officials also said one worker was taken to the hospital, but that person's condition was not known.

BTG Pactual Timberland Investment Group (BTG Pactual TIG), one of the world's largest timberland managers, announced the close of fundraising for its Latin American Reforestation Strategy, reaching US$1.24 billion in commitments.

Based on the strategic review, the Board of Directors of UPM has approved a demerger plan concerning a partial demerger of UPM. According to the demerger plan, UPM will demerge so that all assets and liabilities of UPM relating to the UPM Plywood business area, or mainly serving the UPM Plywood business area, are transferred to WISA Group Plc ("WISA Group"), a company to be established in the demerger (the "Demerger").

UFP Industries announced the acquisition of the operating assets, including real estate, of Berry Pallets, Inc., a pallet manufacturer based in Waseca, Minnesota for approximately $20 million.

The move will likely require the companies to offer concessions such as asset sales to address the competition concerns.

Paper manufacturer settles federal lawsuit charging it with sexual harassment at its Inola, Oklahoma plant and firing the woman after she complained.

Unifor is calling for urgent, coordinated action from all levels of government following Interfor's announcement that it is indefinitely curtailing operations at its Nairn Centre sawmill.

On April 28, 2026 the European Commission announced the opening of a Phase II investigation, which is a normal step in the Commission's merger review process in cases where initial concerns have not been fully resolved during Phase I.

Keeps annual forecast intact as personal care products demand holds up

Boise Cascade Company pleaded guilty to a felony violation of the Lacey Act for its role in a timber trafficking scheme that evaded countervailing and anti-dumping duties on plywood imported from China.

Valmet will start change negotiations in Finland on May 4 under the Finnish Co-operation Act that may include temporary layoffs of less than 90 days, with possible layoffs implemented from June 2026 through the end of December 2026.

A $35 million USD investment brings advanced air-knife coating technology and sterile medical packaging capabilities to Southeast Asia, further strengthening a healthcare regional supply chain.

Avery Dennison Corporation, a leading global materials science and digital identification solutions company, has announced a $75 million minority investment in Wiliot, a global leader in Physical AI for supply chains. This strategic investment deepens the long-standing partnership dedicated to creating a more intelligent, transparent and connected world.

The companies may be forced to offer concessions, such as asset divestments.

The company said heightened tensions in the Middle East had added to instability in an already difficult operating backdrop.

Following the commissioning of a new biomass boiler in France in March, the Group - celebrating its 60th anniversary this year - has brought a new photovoltaic system into operation at its Rothley Lodge converting facility in Leicester, UK

Approximately 74 employees will be impacted by the closure, the firm said on Thursday (April 23). The warehouse on Widford Industrial Estate in Chelmsford manufactures and supplies corrugated sheet board to customers across the UK. They support a wide range of markets, including food, drink and cosmetics.

Interfor will indefinitely curtail operations at its Nairn Centre facility in Nairn & Hyman Township, about 55 kilometres west of Sudbury, and at its Gogama facility, about 190 kilometres north of Sudbury, in Ontario. In a statement issued April 23, the company cites weak market conditions, U.S. softwood lumber duties and other trade actions, and ongoing cost pressures.

Gilles Van Nieuwenhuyzen will retire as Chief Executive Officer of the Lecta Group on 30 April, following the successful recapitalization of the group and its division into three operationally and financially separate companies. The announcement comes as the 67-year-old executive steps down after navigating significant market, energy and geopolitical volatility during his tenure.

The project started in February 2026 and is scheduled for completion in December 2026.

An online auction will be held on Thursday, May 7, 2026 for High End Stock Prep, Pulping, and Finishing Equipment from the former Georgia-Pacific Specialty Pulp Mill in Perry, Florida.

Building suffered significant smoke and water damage during the operation, says Dieppe fire chief.

State-of-the-art packaging facility strengthens Mondi's manufacturing footprint in the United States.