Major Announcements

Kruger Products Inc., a company in which KP Tissue Inc. holds an equity interest, announced that, after successfully starting-up its new tissue plant in Sherbrooke, Quebec, it is evaluating advancing the construction of its next tissue plant in response to increased market competition in the fast-growing ultra-premium segment.

Essity is expanding its production of athletics tape by investing in a new production line for Leukotape K. The investment enables a significant increase in production capacity to meet the growing global demand.

The mill will continue producing pulp.

UFP Packaging announced the opening of its 10,000-square-foot Packaging Design and Development Center (DDC) at its Newnan, Ga., facility.

SCA appoints Petteri Kalela as the new head of the Containerboard and Pulp business areas and member of the executive management team.

Hossain to replace Russell Hagen, who is retiring at the end of 2024.

Mondi, a global leader in sustainable packaging and paper, has opened a ground-breaking hub in Germany for co-creating flexible packaging solutions that will shape the future.

Stora Enso confirmed that it postponed its weekly supplier payments for a one-week period in both June and September 2024.

International Paper confirmed Wednesday the company will cut about 650 total positions, including around 400 in Memphis. The company said it will provide severance packages, outplacement assistance and mental health resources to all affected employees.

John Baird, Chairman of Canfor Pulp Products Inc. Board of Directors announced that Stephen Mackie has been appointed President and Chief Executive Officer of Canfor Pulp effective November 1, 2024.

Paper Excellence Group announced the operational integration of the recently acquired Domtar Corporation (and other legal entities) and Resolute Forest Products with the legacy Paper Excellence business, forming a leading, unified forest products company in North America. This integration represents a strategic alignment of the companies' strengths, resources and expertise, creating a stronger organization poised for future growth and innovation, while maintaining the highest levels of environmental stewardship. Together, the companies will now be doing business as Domtar.

Following the fire at Mondi's Stambolijski mill (Bulgaria) on Tuesday 24 September 2024, the Group has announced that it will permanently close the mill.

In total, 526 hourly employees and 148 salaried employees will be impacted.

Ingevity's president and chief executive, John Fortson, has left the maker of specialty chemicals and carbon materials.

U.S. dock workers and port operators reached a tentative deal that will immediately end a crippling three-day strike that has shut down shipping on the U.S. East Coast and Gulf Coast, the two sides said Thursday.

This innovative product is the result of extensive research and development aimed at advancing electrical energy storage technologies.

PulPac licensee, Stora Enso, announces the opening of a groundbreaking Dry Molded Fiber Production Unit in Skene, Sweden. The facility is the largest and most advanced of its kind, marking a significant milestone in sustainable packaging technology. Production is set to begin in Q4 2024 after successful large-scale testing.

Doug Schwartz has extensive experience in the U.S. forest and paper industry, including serving in key leadership roles at companies such as Sonoco Products Company (Sonoco), International Paper and Champion International Corporation. He most recently held the position of Vice President and General Manager, Rigid Paper Containers at Sonoco.

Twin Rivers Paper Co. Inc. was the only mill eligible for the tax credit meant to help modernize equipment and save jobs. A state report recommends more transparency about business incentives.

John Baird, Chairman of Canfor Pulp Products Inc. Board of Directors announced that Kevin Edgson will be leaving the role of President and Chief Executive Officer on October 31, 2024.

Amcor plc announced that Graham Chipchase has been nominated as a non-executive director for election at the Company's Annual Meeting of Shareholders on Wednesday, November 6, 2024.

Greif, Inc., a global leader in industrial packaging products and services, announced the opening of its new facility in Pasir Gudang, Johor, Malaysia. This significant milestone marks a new chapter in Greif's commitment to delivering high-quality packaging solutions while contributing to the local economy.

Fred Stephan, previously President, Amcor Flexibles North America, has been appointed to the newly introduced role of Chief Operating Officer.

Ahlstrom, the global leader in masking and packaging tape base papers, has initiated a feasibility study for investing in tape base paper saturation and release coating capability. The feasibility study evaluates the most suitable approach to deliver these capabilities, and the final decision is expected to be made shortly after the study is completed.

Amcor, a global leader in developing and producing responsible packaging solutions, announced that its Board of Directors has appointed Peter Konieczny as Chief Executive Officer (CEO). Mr. Konieczny has served as Interim CEO since April 2024. The Board also intends to nominate him as a director for election at the Company's Annual Meeting of Shareholders which is expected to be held in November 2024.