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Management Side
Displaying Articles 1 - 25 of 5402
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Sealed Air announces expiration of
Sealed Air announces expiration of "Go-Shop" Period in Clayton Dubilier & Rice acquisition

Transaction is Expected to Close in Mid-2026

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Domtar extends deadline to close Crofton mill into 2026
Domtar extends deadline to close Crofton mill into 2026

The planned shutdown of Crofton's pulp and paper mill was scheduled to take place Dec. 15, but Domtar's senior director of public affairs said the change will benefit employees and suppliers.

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UPM discontinues graphic paper production in Ettringen - participation process with employee representatives concluded
UPM discontinues graphic paper production in Ettringen - participation process with employee representatives concluded

The closing impacts 189 employees.

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Boise Cascade Completes Acquisition of Holden Humphrey
Boise Cascade Completes Acquisition of Holden Humphrey

oise Cascade Company announced that it has completed the previously announced acquisition of Humphrey Company, Inc., a two-step distributor of building materials located in Chicopee, Massachusetts.

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Woodland Pulp set to reopen on time and at full force
Woodland Pulp set to reopen on time and at full force

All 144 employees who were temporarily laid off in early November are expected to return by Wednesday, representing about one-third of the mill's workforce.

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Rottneros CEO Lennart Eberleh has resigned and will leave during the first half of 2026
Rottneros CEO Lennart Eberleh has resigned and will leave during the first half of 2026

Lennart Eberleh, CEO of pulp producer Rottneros, has resigned to take up another position outside the company. He will leave his position during the first half of 2026, according to a press release.

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Stora Enso still late with supplier payments despite promises of improvement
Stora Enso still late with supplier payments despite promises of improvement

Stora Enso continues to be late with its invoice payments to subcontractors, and to a greater extent than when Dagens industri made its revelation last fall.

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10MW green hydrogen plant planned at Kruger Canadian pulp mill
10MW green hydrogen plant planned at Kruger Canadian pulp mill

Having partnered with Sc.wén̓wen Economic Development and Kruger Kamloops Pulp, ECF intends to install an electrolyser at the site of Kruger's Kamloops pulp mill.

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Stora Enso resolved on two new long-term incentive plans for key employees
Stora Enso resolved on two new long-term incentive plans for key employees

The Board of Directors of Stora Enso Oyj has resolved to establish two new share-based incentive plans for the key employees of the Group and its subsidiaries. Stora Enso's goal is to offer remuneration that motivates, encourages, attracts, and retains top-tier employees. The Group carefully align remuneration elements with its strategy and long-term financial interests.

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	 Amcor announces January 15 effective date for 1-for-5 reverse stock split
Amcor announces January 15 effective date for 1-for-5 reverse stock split

Split-adjusted shares expected to begin trading on January 15, 2026; Second quarter fiscal 2026 per share metrics to be reported on a split-adjusted basis

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Rayonier Advanced Materials President and CEO De Lyle W. Bloomquist announces intention to retire
Rayonier Advanced Materials President and CEO De Lyle W. Bloomquist announces intention to retire

Rayonier Advanced Materials Inc., a global leader of cellulose-based technologies, announced that President and Chief Executive Officer De Lyle W. Bloomquist has informed the Board of Directors of his intention to retire by the time of the Company's 2026 Annual Meeting of Stockholders, expected in May 2026. Mr. Bloomquist also confirmed he will not stand for re-election to the Company's Board of Directors. To ensure continuity and a smooth transition, Bloomquist will remain in his role as CEO until a successor is appointed.

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Weyerhaeuser and Aymium Enter Agreement to Rapidly Scale Biocarbon Market
Weyerhaeuser and Aymium Enter Agreement to Rapidly Scale Biocarbon Market

Partnership will expand manufacturing platform to convert wood fiber into biocarbon products, accelerating scale supply to global metals producers.

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Atlas Holdings Completes Acquisition of The ODP Corporation; Craig Gunckel Named Chief Executive Officer
Atlas Holdings Completes Acquisition of The ODP Corporation; Craig Gunckel Named Chief Executive Officer

Atlas Holdings ("Atlas") completed the previously announced acquisition of The ODP Corporation ("ODP" or the "Company"), a leading provider of products, services and technology solutions to businesses and consumers, in an all-cash transaction valued at approximately $1 billion.

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Billerud invests in new headbox at Gruvön mill in Sweden
Billerud invests in new headbox at Gruvön mill in Sweden

The rebuild at the Gruvön mill is scheduled for April 2026.

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Voith to cut up to 2,500 jobs
Voith to cut up to 2,500 jobs

German machine manufacturer Voith said it plans to cut up to 2,500 jobs, representing about 10% of its workforce, as part of a strategic review of its organizational structure and staffing levels.

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Fire at Pactiv facility in Macon, Georgia
Fire at Pactiv facility in Macon, Georgia

After hours of fighting the flames, crews were successful in putting out the fire, and no injuries were reported.

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CEO of Lenzing AG Rohit Aggarwal resigns due to personal reasons, effective 31 January 2026
CEO of Lenzing AG Rohit Aggarwal resigns due to personal reasons, effective 31 January 2026

CEO of Lenzing AG Rohit Aggarwal resigns due to personal reasons, effective 31 January 2026. Following Mr. Aggarwal's departure, Lenzing AG will be led by a three-member Managing Board. The process to appoint a new Chief Executive Officer has been initiated by the Supervisory Board and an appointment will be announced at the appropriate time.

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Update: Fire in Tolko's Williams Lake mill results in temporary layoffs for repairs
Update: Fire in Tolko's Williams Lake mill results in temporary layoffs for repairs

Tolko Industries Ltd. in Williams Lake has issued temporary layoffs to 35 employees while repairs take place at the Lakeview mill facility.

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Graphic Packaging appoints new CEO and announces cost cutting measures
Graphic Packaging appoints new CEO and announces cost cutting measures

Robbert Rietbroek Appointed President and CEO, Effective January 1, 2026; Michael P. Doss to Step Down as President and CEO, Effective December 31, 2025

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Pratt Industries opens Warner Robins, Georgia facility
Pratt Industries opens Warner Robins, Georgia facility

U.S. Agriculture Secretary Brooke Rollins and Georgia Agriculture Commissioner Tyler Harper say the new Warner Robins facility strengthens local jobs and provides vital support for farmers.

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Metsä Board completes change negotiations, cuts 310 positions across all operating countries
Metsä Board completes change negotiations, cuts 310 positions across all operating countries

In Finland, the process ended earlier, reducing 150 positions, as the company reported in November 2025. Negotiations in other countries have now concluded, resulting in 160 additional reductions. Altogether, the company will reduce 310 positions through the process.

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ProAmpac to Acquire TC Transcontinental Packaging from TC Transcontinental
ProAmpac to Acquire TC Transcontinental Packaging from TC Transcontinental

ProAmpac, a global innovator in flexible packaging and material science, announced that it has signed a definitive agreement to acquire TC Transcontinental Packaging ("TCP") from TC Transcontinental for US$1.51 billion (approximately CAD$2.1 billion), subject to customary adjustments for debt and debt-like items, cash, and net working capital.

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Valmet may temporarily lay off over 950 employees in Finland
Valmet may temporarily lay off over 950 employees in Finland

The negotiations involved more than 950 employees across all staff groups in Finland, primarily located in Jyväskylä, Tikkurila in Vantaa, and Raisio. Valmet employs about 19,000 people worldwide, including approximately 6,000 in Finland.

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Domtar Wood Products announces temporary curtailment of lumber production
Domtar Wood Products announces temporary curtailment of lumber production

Domtar Wood Products announced a curtailment in its lumber production. Due to challenging market conditions and ongoing economic uncertainty, Domtar will temporarily reduce its lumber production by 100 million board feet for the fourth quarter of 2025, including additional curtailments for the holiday season, at its facilities in Quebec, Ontario, and the United States.

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Roof fire at Des Plaines, Illinois International Paper facility quickly contained
Roof fire at Des Plaines, Illinois International Paper facility quickly contained

The fire was extinguished roughly 15 minutes after the fire department arrived. Firefighters confirmed there were no injuries, and the fire did not extend into the interior of the building.

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Displaying Articles 1 - 25 of 5402
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