Often, when the books are full and profitability is high, management is loath to take maintenance downtime. Is the opposite true--when profitability is down should we take more maintenance time?

The PM40 closed Friday, 3 October 2025, at 5452.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

In this issue of Disconnected Comparisons, we evaluate Sappi and Weyerhaeuser.

The PM40 closed 3 October 2025 down 8.9% from the 4 October 2024 level.

The Trump Administration's executive orders cut across dozens of industries. This searchable tool breaks down the orders and their impact.

In this special episode, we talk with Stein Larsen, CEO NOREXECO ASA.

Pete Hoekstra says he hopes the United States and Canada can strike a deal on softwood lumber, an issue that predates both of Donald Trump's terms in Washington.

Sebright Products Inc., a leading manufacturer of waste handling and recycling equipment, is proud to announce that it has officially transitioned to a 100% employee-owned company. This milestone marks a significant step in the company's commitment to empowering its workforce and ensuring long-term sustainability and growth.

Ahlstrom, a global leader in sustainable fiber-based specialty materials, announces a major milestone in its sustainability journey with the implementation of a biomass boiler at the company's Rottersac site in France. This will reduce the site emissions with approximately 80% and significantly lowering the carbon footprint of products, benefiting Ahlstrom's customers. This location serves as a key hub for Ahlstrom's food packaging operations in Europe.

Does shift work keep you from having pets?

Billerud has decided to launch a cost saving program targeting annualized savings of SEK 800 million. The planned cost savings will affect Billerud's European operations and Group functions globally and will include reduction of up to 650 positions.

Lenzing plans to cut up to 600 jobs by the end of 2027 as part of a restructuring to streamline operations and increase efficiency.

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Incidents in 2025: We are updating this list as these happen in the pulp, paper and forest products industry

We are updating this list as these happen in the pulp, paper and forest products industry

We are updating this list as these happen in the pulp, paper and forest products industry

Check out the monthly newsletters here or subscribe and have them emailed to you hot off the press!

Pulp and Paper Manufacturers report to the US Securities and Exchange Commission

What they want us to know...

Veritiv Operating Company, a leader in specialty packaging distribution, facility solutions and print products and solutions, announced that it has acquired Subotnick Packaging, an Oregon-based distributor of packaging products and equipment serving the building materials, food, e-commerce, and transportation industries.

Graphic Packaging International was voluntarily dismissed from the case.

JBM Packaging, a leading provider of eco-friendly paper packaging and contract packaging services, broke ground on the construction of a new 52,500-square-foot building in Lebanon, Ohio. The building marks a significant step in JBM's continued growth as it celebrates its 40th anniversary. As the new home to JBM's expanding packing and kitting operations, it positions JBM to scale its operations for long-term growth opportunities in the years ahead.

No injuries were reported, and no buildings were damaged.

Canfor Corporation announced today that its 77%-owned subsidiary, Vida AB, has completed the acquisition of AB Karl Hedin Sågverk.

CO280 Solutions, a leading developer of carbon dioxide removal projects, announced that it was awarded Preliminary Front-End Engineering and Design (Pre-FEED) contracts to technology and engineering suppliers for a groundbreaking carbon removal project in Canada.