International Paper to exit molded fiber business; additional facility changes planned.
Strategy
Closure affects 290 employees and takes effect in August 2025.
The project’s final investment decision is expected in 2026, with commercial production for the first factory stage set to begin in 2028. The project is intended to be implemented in three phases, each valued at approximately Euro 300 million.
Taranis informed the parties of its decision to withdraw from the transaction, considering that the conditions were no longer met within a timeframe already extended by several months.
PHA (polyhydroxyalkanoate) barrier coatings are biodegradable in various environments including marine, freshwater, and soil.
Due to the strained economic situation in Turkey and the country's excessive inflation, as well as the massive demands of the trade union, Rondo Ganahl has decided to sell the plant and withdraw from the Turkish market.
Södra is now leading a major project to develop planners’ tools using remote sensing and next-generation AI technology.
National supply shows elasticity below 1 (PNW at 1.5), while South-Central’s 25-year rotation growth of nearly 200 m³/ha delivers positive NPV on planting.
This strategic expansion will provide robust solutions to lumber yards serving both single- and multi-family builders and framers across the region.
The net investment of NOK 40 million (Euro 3.5 million) at paper machine one (PM1) will provide flexibility to switch between newsprint and book paper with capacity of more than 140,000 tonnes.
The review includes assessing a potential separation and public listing of the forest assets through a partial demerger. The initiative aims to further increase business focus, streamline operations, and fully unlock the value of both the forest assets and Stora Enso’s core packaging business.
Shutdown removes 210,000 tonnes of folding boxboard capacity, or 13% of Metsä Board’s total.
One-third of Church-managed forest to adopt nature-based methods under new sustainability proposal.
Port of Portland announces partnership with Swiss mass timber company on new mass timber factory, boosting jobs and modular housing construction for the region.
The name change supports the business area’s strategic direction to accelerate its growth beyond label materials into graphics solutions and specialty tapes.
If pursued, this proposed new facility will feature cutting-edge technology and equipment to help enable International Paper's ability to deliver innovative and sustainable packaging solutions to a growing customer base in the western U.S.
Raute begins change negotiations regarding possible layoffs of up to 90 days in the Wood Processing and Analyzers business units.
With this partnership, Atlantic Plywood will distribute a full range of Sayerlack solvent-borne and waterborne products tailored for cabinet, furniture, millwork, and other wood professionals.
Cross-laminated timber and biomass use expand as Forest Service targets long-term wood supply.
UPM plans to halt all engineering work related to the CAPEX investment in Rotterdam and to withdraw from all site-related commitments associated with the Rotterdam investment.