Recent Articles

Net income decreased 3.5% to $87.1 million or $1.50 per diluted Class A share compared to net income of $90.3 million or $1.55 per diluted Class A share.

Greif, Inc., a global leader in industrial packaging products and services, announced that its Board of Directors has declared quarterly cash dividends of $0.54 per share on its Class A Common Stock, and $0.81 per share on its Class B Common Stock.

The quarterly dividend of $1.25 per share will be paid to shareholders of record as of September 16, 2024 with a payment date of October 15, 2024.

In the Q2 2024, the Mayr-Melnhof Group (MM Group) was able to improve results compared to the previous quarter and exceeded the previous year's figure.

The price adjustments include timber, small sawn assortments, softwood pulpwood, hardwood pulpwood, fuelwood and grot. The price adjustments are aimed at stimulating forestry activities such as regeneration felling, thinning and conservation management.

Smurfit Westrock plc announces that one of its indirect wholly owned subsidiaries, WRKCo Inc. ("WRKCo"), has applied to the Autorité des marchés financiers (the "AMF"), as WRKCo's principal securities regulator in Canada, for a decision that it has ceased to be a reporting issuer (the "Order Sought") in Québec, Manitoba and British Columbia (the "Canadian Jurisdictions").

GAW started up the new coating colour preparation at Mondi Jülich (part of Mondi Group). It was the first order for GAW at this plant located in the border triangle of Germany, Belgium, Netherlands.

Andritz will supply a new high-capacity chemi-mechanical pulp production line to Zhanjiang China Paper Co., Ltd., a subsidiary of Guangdong Guanhao High-Tech Co., Ltd. in Guangdong Province, China.

Andritz has provided key equipment for a new hardwood Neutral Sulfite Semi-Chemical (NSSC) production line and for a woodyard upgrade to packaging and paper producer Mondi at its containerboard mill in Kuopio, Finland.

Valmet is to deliver six wire tyers to Sappi's Saiccor dissolving pulp mill in South Africa. Valmet Wire Tyer is a fully automated tying machine that applies high-tensile steel wire around pulp bales at pre-selected positions.

Stora Enso's internal investigation into the environmental violation in Hukkajokiin Finland, which was discovered on Thursday 15 August has been completed. The investigation was conducted with the assistance of an external legal expert. The violation is also subject to a police criminal investigation and is being investigated as a serious nature conservation crime.

Police collected an "AK47 style pistol," two loaded AK-style magazines and two loaded AR-15 style magazines. A manager told police that there were 75 employees present during the incident and a loss of $15,000 in wages.

Smurfit Westrock will now pursue the full value of the Award from Venezuela.

The violation is being investigated as a serious nature conservation crime.

McKinley Paper Mill will label the Port Angeles mill closure as permanent, triggering benefits for eligible employees.

Stora Enso has suspended harvesting in all areas throughout Finland where there are restrictions under the Water Act, the Forest Act or the Nature Conservation Act. Harvesting has been suspended until the operational guidelines, harvesting plans and risks related to these sites have been reassessed. Any non-compliance that may be detected will be assessed in cooperation with the authorities.

Sappi has awarded GAW technologies with an order to increase the efficiency of production processes - in detail to expand the storage of starch as well as a retrofitting / boosting of efficiency for pigment tanks at its Ehingen mill in Germany.

Nature has rapidly risen in the global sustainability agenda and is soon, if not already now, sharing the top place with climate. This new focus is driving businesses to recognize their deep economic dependence on natural resources, with over half of the global GDP--around $44 trillion--moderately or highly reliant on nature.

Specialty paper manufacturer presents solutions at PRINTING UNITED 2024 as consistent demonstration of the brand promise PAPER MADE FOR LIFE.

The bond matures in August 2034 and pays a fixed annual coupon of 3.375% and is rated BBB+ by S&P Global Ratings.

Pactiv Evergreen Inc., a leading manufacturer of fresh food and beverage packaging in North America, is excited to launch innovative Recycleware® Reduced-Density Polypropylene (RDPP) meat trays. Pactiv Evergreen's Recycleware RDPP meat trays are the perfect solution for packer processors seeking alternatives to foam polystyrene.

Cascades announces the unveiling of a fresco painted on its Candiac plant. The project, part of the company's 60th anniversary celebrations, was conceived and produced by the TYXNA artists' collective.

Metsä Group's production units annually generate around 12 million tonnes of wood-based carbon dioxide, and the company is increasingly focusing on promoting its large-scale capture.

Packaging paper manufacturer Sappi Europe is expanding its broad portfolio by adding new products such as Guard ICC, a flexible packaging paper for ice cream cones, Guard OHS a barrier and heat sealable paper for various food and non-food packaging applications and Guard Twist Gloss, a glossy, recyclable wax free barrier paper for twisting applications in the confectionary market.

EcoVadis has awarded UPM a platinum score based on the company's sustainability performance in four categories: Environment, Labour and Human Rights, Ethics and Sustainable Procurement. Only one percent of the 130,000 global companies assessed received a platinum rating. UPM scored 81/100 in the Manufacture of Pulp, Paper, and Paperboard industry.