Recent Articles

CFO Mike Cole to add new role, President of Corporate Services.

The facilities, which make a range of paper products, will close in 2025 and the manufacturing site of bathroom wipes at Kimberly-Clark will move to Germany.

Metsä Fibre, part of Metsä Group, has concluded the change negotiations on possible temporary layoffs at Joutseno pulp mill on 26 August 2024. The negotiations covered the entire workforce of the Joutseno pulp mill, a total of approximately 190 people.

Crews are investigating a three-alarm structure fire at Roseburg Forest Products in Medford, Monday, Aug. 26.

Iconex Labels is a leading provider of variable information label solutions, serving customers across e-commerce & shipping, foodservice, grocery & retail, pharmacy, and other end markets.

Sofidel is investing up to $250 million to grow the tissue paper mill.

A pile of cardboard is believed to have caught fire, according to a public alert put out about the fire.

The UPM Kaukas and UPM Kymi pulp mills in Finland will adjust their production temporarily to meet market conditions. The mills' production will be curtailed in accordance with the change negotiations held in March.

An employee at a Perry County pulp mill was burned severely Friday, Aug. 16, and airlifted for treatment to a Jackson hospital.

Pregis®, a leading global manufacturer of protective packaging, mailing and bagging, and flexible packaging solutions, has made significant investments in new production lines at its Bethel, Pennsylvania, and Reno, Nevada facilities to increase capacity for its Pregis EverTec™ Mailer portfolio, with a particular focus on the EverTec Non-Cushioned Mailer. This investment underscores the company's commitment to meeting the growing needs of ecommerce fulfillment and retail industries.

The respective participation processes with the employee representatives have been concluded. The number of positions affected is 338.

Metsä Group's Kerto LVL mill project is progressing as planned in Äänekoski, Finland, and the mill has reached its rooftop height.

Klabin continuously invests in fire prevention. To address this issue, the Company relies on a structure equipped with an advanced system for monitoring its forests, teams trained for the rapid containment of incidents, and the dissemination of information to raise awareness among the population about the risks and show that prevention is the best approach.

Interfor announced that it will indefinitely curtail operations at its sawmills in Meldrim, Georgia and Summerville, South Carolina. These curtailments are in response to persistently weak lumber market conditions.

Turkish industrial and retail group Eren Holding AS has secured a €775 million ($854 million) loan to finance a $1.3 billion container-board and tissue mill in Wales, in a boost to foreign direct investment in UK manufacturing.

APRIL, a member of the RGE group of companies, announced that it has invested more than Rp100 trillion (approximately US$6.4 billion) in transforming Pangkalan Kerinci from a small village in Pelalawan regency, Riau, into a thriving industrial complex.

The Supervisory Board of Heinzel Holding GmbH announces the appointment of Karl Achleitner as Chief Operating Officer (COO) of Heinzel Holding, effective September 2, 2024. Achleitner will join the top management team of Heinzel Group, alongside CEO Sebastian Heinzel.

Nearly 10,000 Canadian rail workers will end their work stoppage after the Canada Industrial Relations Board sided with a federal order to resume operations at Canadian Pacific Kansas City and Canadian National Railway. The board also imposed binding arbitration to reach new collective agreements between the rail companies and the Teamsters Canada Rail Conference, the union representing the workers.

UPM Fibres renews its organisation by centralising its production operations in Finland under one top level organisation. The change will simplify the Fibres Business Area structure.

The Magnera board of directors ("Magnera Board") will consist of nine directors, with five directors designated by Berry, three directors designated by Glatfelter, and the Chief Executive Officer.

The modern company employee organization is an extension of military organizations going back thousands of years. There are the managers or salaried staff (officers of old) and the hourly workers (soldiers). As a society we have now often thrown in unions to represent the hourly workers. In my 54-year career, the division between the salaried and hourly staff has done nothing but grow, now leaving in many cases a vast chasm between the two.

The PM40 closed Friday, 30 August 2024, at 5811.

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

The PM40 closed 30 August 2024 up 11.7% from the 1 September 2023 level.

In this issue of Disconnected Comparisons, we evaluate Graphic Packaging and Sonoco.

Duties on softwood lumber from Canada have climbed to 14.54% from 8.05%.