Joint Venture

Consolidated forest tenure comes under control of Lake Babine First Nation.

West Fraser Timber Co. Ltd. and Mercer International Inc. announced an agreement to dissolve their 50/50 joint venture in Cariboo Pulp and Paper. West Fraser will continue as the sole owner/operator of the mill, doing business as Cariboo Pulp and Paper Company.

The partnership provides high-quality, sustainable products to one of America's most renowned builders.

The partnership will see the two companies collaborate to accelerate the transition from plastic to paper bags within the e-commerce marketplace in Europe at scale, and the solutions will be available to customers across all DS Smith markets in Europe.

Spinnova Plc and Suzano S.A. have signed a Letter of Intent (LOI) regarding a potential new production facility for wood-based SPINNOVA® fibre.

"We are excited to be partnering with Verso Energy on this endeavor"

UPM Biochemicals announced another important milestone in the development of the world's first biorefinery in Leuna, Germany. In partnership with DB Cargo, the first deliveries of wood have now been made to Leuna by rail, establishing and testing the direct rail link to the Leuna operations' wood yard.

Suzano has signed an agreement with Japan's Mitsui & Co, focusing on the development of new bioeconomy businesses based on the potential of sustainable biomass.

National partnership with Be Pro Be Proud will teach students about career opportunities in the forest products industry.

Carbon removals and renewable energy company Drax Group has announced a new partnership with Molpus Woodlands Group (Molpus). The agreement will provide Drax with an option to purchase sustainably sourced woody biomass to fuel its bioenergy with carbon capture and storage (BECCS) operations in the US Southeast.

Glatfelter Corporation, a leading global supplier of engineered materials, is pleased to announce its growing partnership with Tzuriel, a distinguished importer and exporter of specialty products based in Pinhais, Brazil. This collaboration marks a significant step in advancing the Sontara® brand in Latin America.

To grow the Packaging Automation business in the packaging sector, Stora Enso has partnered with Radpak, a Polish packaging machinery manufacturer focusing on packaging automation for primary and secondary packaging.

Key to responsible forest management lies in local dialogue and close collaboration with the whole value chain.

Borregaard will co-invest with the European Innovation Council Fund and several other public and private investors in a direct offering of new shares in the Danish bioscience company Kaffe Bueno ApS. In total, Kaffe Bueno will raise EUR 6.2 million in new capital from the direct offering. After the transaction, Borregaard will hold 12% of the shares in Kaffe Bueno, with an investment of EUR 3 million.

Moelven Wood and Billerud are joining forces to examine the possibility of developing a new sustainable packaging solution for Moelven's interior panels. The goal is to create a paper-based solution to replace the current plastic shrink wrap.

Rottneros AB, one of the world's leading suppliers of first-class market pulp, is now investing in Blue Ocean Closures and becomes a co-owner of the Swedish start-up, developing proprietary fiber-based packaging materials.

Metsä Group has made its second Swedish investment in FineCell (FineCellOx AB), developer of the FineCell technology and producer of CellOx dry cellulose powder.

Chilean pulp producer Empresas CMPC SA is betting on a local startup that is working to create a wood alternative for concrete and steel in the construction industry.

BlueLinx Holdings Inc. and Louisiana-Pacific Corporation (LP Building Solutions) announce again an expansion of their distribution partnership. The expanded collaboration will include LP's SmartSide Trim & Siding and LP SmartSide ExpertFinish Trim & Siding, in BlueLinx's Seattle and Spokane, Washington branches.

Essity has joined the European research project Sustronics, which is supporting the development of circular electronic products. Companies and universities from 11 countries will, together with Essity, develop sensor-based digital solutions for self and professional care.

Metsä Group and Risutec have jointly developed an accessory with which forwarders can prepare soil while harvesting logging residue. This improves productivity and helps reduce fossil emissions from forestry.

Texas-based solar projects to support WestRock's pursuit of science-based targets for reduction of greenhouse gas emissions.

Safire Group and Glatfelter to develop new separator for shear thickening battery technology.

Södra and the collaboration partner Lenzing have received the International Textile Manufacturers Federation (ITMF) Award 2023 in the category International cooperation for their joint achievements in textile recycling and circular economy.

UPM Specialty Papers and adhesive tape specialist Lohmann have partnered to promote recycling of paper liners in the tape industry.