Leading Stories

Aerial trucks were used to fight the fire, including on the rooftop area, that police say started in a paper machine when particles overheated and ignited. Crews worked against high winds for several hours to put it out.

The installation is one element of a €400m ($463.8m) investment program to boost capacity at the mill.

Clayton Dubilier & Rice is moving forward with a $4.5 billion leveraged loan to facilitate its acquisition of Sealed Air (SEE), as part of a $7.9 billion debt arrangement. This financing, one of the largest recent buyout deals, includes both USD and euro-denominated loans.

German paper and packaging company Palm Group has taken a 50% interest in Power Packaging, which is based in the Czech Republic.

Ennis, Inc. announced that it has acquired the assets of CFC Print & Mail ("CFC"), a wholesale provider of business‑document printing, mailing and commercial print solutions based in Grand Prairie, Texas.

50 jobs have been lost after the closure of Saxon Packaging in Lowestoft, which was acquired by Smurfit Kappa (now Smurfit Westrock) in 2016.

The €370 million investment doubles the mill's annual tissue paper capacity to 145,000 tonnes, significantly strengthening the local supply of high-quality tissues, like Lambi, Serla, and Katrin products for both consumers and professional customers across Scandinavia.

Under the new setup, Stora Enso will reorganize its businesses into four segments: Consumer Packaging, Integrated Packaging, Biomaterials, and Other, which replaces its current six-segment model.

With the provincial government making it at least two parties in the process, Macer's bid will be the starting point for an auction to be held Nov. 27. Bids will be required to increase by increments of at least $200,000. If Macer does not win the auction, the company would receive compensation of up to $3.1 million.

The Nova Scotia Forestry Innovation Transition Trust is investing $1.8 million to assist private landowners and forest contractors in finding new markets for underutilized wood fibre and to support sustainable forestry management.

New agreement signed at COP30 will see organisations collaborating to use artificial intelligence tools for biodiversity monitoring and digital platforms to boost public engagement in conservation efforts.

While Woodland Pulp is scheduled to resume operations in mid-December, there's no timeline for when Canadian softwood lumber will be accepted at the mill.

Massachusetts Governor Healey recently echoed misleading talking points by Canada and the National Association of Homebuilders (NAHB) that U.S. duties and tariffs against unfairly traded Canadian lumber imports cause housing pricing affordability issues. Such misleading and false statements have been repeatedly debunked by NAHB's own data and ignore the facts on the ground.

CO280 Solutions Inc. (CO280), a leading developer of carbon dioxide removal (CDR) projects, and a pulp and paper manufacturer have successfully completed a field pilot to validate the performance of liquid amine technology to capture biogenic CO2 from recovery boiler stack emissions at a pulp mill in the U.S. Gulf Coast. The liquid amine technology was provided by SLB Capturi, a leading supplier of carbon capture technology for industrial sectors.

The sale of a defunct Prince Albert pulp and paper mill from Domtar to the Ontario-based BMI Group has ended plans to re-open the mill and sparked a search for industrial business tenants for the site.

Boise Cascade has reached an agreement to purchase Humphrey Company, Inc., a two-step distributor of building materials located in Chicopee, Massachusetts, with $145 million in revenue over the last 12 months, according to Boise Cascade.

Stora Enso will implement changes to its Group Leadership Team and organizational structure effective 1 January 2026, preparing for the planned demerger of its Swedish forest assets.

Sealed Air Corporation, a leading global provider of food and protective packaging solutions, announced Nov. 17 that it has entered into a definitive agreement to be acquired by funds affiliated with CD&R, a leading private investment firm with deep experience in the industrial and packaging industries, in an all-cash transaction with an enterprise value of $10.3 billion.

The Compton facility closure will impact 125 employees, while the Louisville facility closure will impact 93 employees.

Following the strategic review, the Board of Directors of Stora Enso has decided to initiate preparations for the separation of the Swedish forest assets business of Stora Enso into a new publicly-listed company through a statutory partial cross-border demerger, expected to be completed during the first half of 2027. All shares in the new company would be wholly owned by Stora Enso's shareholders.

Stora Enso is initiating a strategic review of its Central European sawmills and building solutions operations. The review, to be carried out in 2026, will cover one business unit of Wood Products business area, including seven sawmills in Austria, Czechia, Poland, and Lithuania, and further processing units with three cross-laminated-timber (CLT) mills, as well as wood procurement, and international sales and distribution operations. Whilst the business in scope has a strong position in an attractive market, it does not bring strategic or operational synergies for Stora Enso's core renewable packaging operations.

US-based private equity company Clayton, Dubilier & Rice (CD&R) is considering the potential acquisition of Sealed Air, the US packaging manufacturer known for bubble wrap.

The change negotiations cover the entire staff of Lappeenranta, Rauma, Renko and Vilppula sawmills, approximately 350 people.

PaperWorks Industries Inc., a leading North American producer of 100% recycled paperboard and folding carton packaging, announces the acquisition of Color Craft Graphic Arts ("Color Craft"). Founded in 1929 and based in Manitowoc, Wisconsin, Color Craft is a producer of packaging for food, beverage, and household goods.

Essity has entered into an agreement to acquire Edgewell Personal Care's feminine care business, including the brands Carefree, Stayfree and o.b. in North America and Playtex globally. The purchase price for the assets amounts to USD 340m (approximately SEK 3.2bn) on a cash and debt-free basis.