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According to the EPA, the company has not started any construction on the property, but the Western Reserve Port Authority remains optimistic about the project.

Metsä Group has signed an agreement for partial funding from the EU Innovation Fund, securing a maximum grant of Euro 86.5 million for its Muoto packaging product mill planned for construction in Rauma, Finland. The company confirmed the agreement following negotiations that began in October 2024, according to Metsä Group.

Northern Pulp, the company behind a Nova Scotia mill that shut down four years ago amid environmental shortcomings, says it will cost $2.5 billion to build a new, cutting-edge plant on the province's southwest shore.

With this new project, Saica Group will create more than 100 new jobs in the State of Indiana once the facility is operating at full capacity.

UPM continues to selectively align its paper capacity with profitable customer demand to ensure performance and therefore plans to permanently close its paper mill in Ettringen, Germany, reducing the annual capacity of uncoated mechanical paper by 270,000 tonnes during July 2025.

Koskisen Corporation has agreed to acquire the business operations of Iisveden Metsä Oy. Located in Suonenjoki, Iisveden Metsä is a company mainly owned by private individuals and it produces approximately 140,000 m3 of softwood lumber per year. Iisveden Metsä Oy was founded by local forest owners in 1924.

The crews reportedly stayed there after the fire was put out to ventilate smoke and restore fire protection systems.

Metsä Board has finalized change negotiations initiated in January to enhance profitability and cost efficiency. As a result, the company will permanently close the Tako board mill and improve the operational efficiency of the Kyro board mill, leading to a total reduction of 208 jobs.

Firefighters were on the scene for around three and half hours.

The duration of temporary layoffs is up to 90 days.

Sofidel is pleased to announce the delivery of a new Yankee Dryer on March 2nd, 2025, to its Circleville facility, marking a significant milestone in the papermaking process.

Strathcona Paper's parent company, PaperWorks Industries Inc., is headquartered in Fort Washington, Pennsylvania, U.S.A. The company responded that the incident at the mill was a minor fire that was quickly contained, and no one was injured. The mill has resumed normal operations.

The European Commission has approved the acquisition of joint control of Novolex Holdings and Pactiv Evergreen by Apollo Capital Management, all three based in the United States, and Canada Pension Plan Investment Board ('CPP Investments'), based in Canada.

The incident forced a one-day suspension of operations in the chemical plant.

UFP Packaging, a subsidiary of UFP Industries, expanded its U.S. manufacturing footprint by opening a new 165,000-square-foot corrugated facility in Jeffersonville, Ind., that will continue to undergo advancement and expansion throughout 2025. The latest expansion features advanced graphics and production capabilities for retail and e-commerce markets.

On Saturday, March 1, fire crews responded to stubborn fire at West Fraser's Riegelwood, North Carolina, sawmill.

Metsä Group's parent company Metsäliitto Cooperative will sell its wood supply business in Latvia carried out by Metsä Forest Latvia SIA to Latvian company ACA Timber. The parties have also agreed long-term deliveries of pulpwood and chips to Metsä Group.

Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions for food, beverage and industrial applications, announced a $50 million investment in its Cedar Rapids, Iowa facility to modernize and expand the production of industrial starches for the packaging and papermaking industries.

Tolko Industries, based in Vernon, B.C., has cut its consultant workforce, resulting in several people losing their jobs.

What will changing tariffs do to your business in the long term?

Ladies and gentlemen, the first class of inductees to the Paper Industry International Hall of Fame in Appleton, Wisconsin was inducted more than two decades ago in 1995, and today, more than 150 papermaking innovators and legends have been enshrined. This month, we profile the late Alf de Ruvo, who was inducted into the Hall of Fame in 2015.

The PM40 closed Friday, 14 March 2025, at 5537.

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 14 March 2025 up 0.4% from the 15 March 2024 level.

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

British Columbia Premier David Eby has ordered the removal of all U.S. alcohol products from BCLIQUOR stores in response to recent statements by U.S. President Donald Trump about his intention to impose tariffs targeting Canada's dairy and lumber industries.