Leading Stories

The company has yet to submit a reclamation plan to the Nova Scotia government.

IP to Sell Global Cellulose Fibers Business to American Industrial Partners; Other Changes Include a $250 Million Investment in the Riverdale Mill in Selma, Ala. and the Closure of Riceboro Mill, Savannah Mill and Savannah Box Plant

Sylvamo Chairman and Chief Executive Officer Jean-Michel Ribiéras stated that the Riverdale supply agreement is not part of the company's long-term strategy. He noted that Sylvamo has been planning for this conversion since its 2021 spinoff from International Paper and has made strategic investments in its North American footprint.

The class-action antitrust lawsuit that a customer brought against eight of the largest containerboard producers in the United States is progressing. Industry observers and analysts are keeping tabs on whether the companies in question try for another price increase this year despite the lawsuit.

Domtar says it will "idle" its Grenada facility next month, indefinitely.

MetsäBoard Classic FBB renewed to meet growing quality and sustainability demands.

Novolex is shutting down a former Pactiv Evergreen plant in Bakersfield, California, according to a WARN notice posted by the state. The company is permanently closing the manufacturing facility come Oct. 14, impacting 127 employees.

Bid from Ontario-based Macer Forest Holdings would leave nothing for cleanup costs.

The 'high-risk' violation involved an unguarded hydraulic system that pumps toxic chemicals created in the pulping process.

In line with its strategy to make more of every tree and to strengthen the long-term competitiveness of family forestry, Södra has decided to invest more than a billion SEK in its sawmill in Kisa, southern Östergötland. This investment is crucial for the future of the sawmill and will contribute significantly to the growing need for timber construction in the green transition.

Edge, a manufacturer of exterior trim, siding and interior accents, announced it is growing its footprint by expanding its partnership with Associated Building Material Distributors of America, Inc.

The new power plant will replace the existing bark boiler and is scheduled for completion in 2027.

Earlier this year, Gov. Tony Evers and the Wisconsin State Legislature committed $42 million in state funding to the project. Another $7 million in federal congressionally directed funding is also being pursued.

Kruger has temporarily stopped operations at its Corner Brook pulp and paper mill in Newfoundland and Labrador, eastern Canada, due to wildfire emergency measures introduced by provincial authorities in areas facing very high and extreme fire risk.

The largest and most modern consumer packaging board production line in Europe was inaugurated on 18 August in Oulu, Finland. Stora Enso's Oulu unit serves the growing demand for renewable packaging globally and contributes to the transition to a circular bioeconomy. At the same time, the production site supports Finland's competitiveness and increases exports with products of higher added value.

The Pixelle Paper Mill, a longstanding fixture in Chillicothe, officially shut down Sunday, August 10, leaving nearly 800 workers without jobs.

Sappi Europe has announced the initiation of a consultation process at its Kirkniemi Mill in Finland as part of a proposed asset restructure. This step is being taken in response to a structural decline in demand across Europe and sustained financial challenges. The proposed changes are intended to ensure long term competitiveness in the Graphic Paper Market and align production capacity with changing market dynamics and customer needs.

Bain Capital is evaluating strategic options for Ahlstrom, the Finnish specialty materials manufacturer, including a potential sale or initial public offering that could value the business at up to €8bn, according to a report by Bloomberg citing sources familiar with the matter.

Rayonier Advanced Materials Inc., a U.S. and global leader of cellulose-based technologies, together with the United Steel Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union AFL-CIO ("USW"), announced the filing with the US Department of Commerce ("USDOC") and the US International Trade Commission ("USITC") of parallel antidumping and countervailing duty petitions on Brazil, and an antidumping petition on Norway, concerning U.S. imports of High Purity Dissolving Pulp ("HPDP").

Rottneros has decided to write down the value of fixed assets in Rottneros Mill. The reason is that the mill cannot utilize its full capacity in the prevailing weak market for the mechanical pulp CTMP. The impairment charge amounts to SEK 140 million.

Smurfit Westrock will close in early October, according to the Iowa WARN site.

UPM Adhesive Materials, formerly known as UPM Raflatac, is investing in a new, state-of-the-art coating line and other facility and material handling upgrades in its label material factory in Johor Bahru, Malaysia.

Suzano, the world's largest pulp producer, announces its results for the second quarter of 2025 (2Q25), reporting sales of 3.7 million tonnes of pulp and paper. Sales increased 28% over the same period in 2024 (2Q24), mainly reflecting the strong operational contribution of the new Ribas do Rio Pardo pulp mill, whose production started in July 2024. Net revenue in the quarter totaled R$13.3 billion, a 16% increase compared to 2Q24.

This transaction, which includes over 173,000 acres of timberlands across the Southeastern United States, follows Greif's previously announced intent to divest the business as part of its strategic portfolio optimization. The deal is expected to close shortly before or after the Company's fiscal year end, subject to customary closing conditions.

An investigation had determined the fire was accidental. No injuries were reported.