As of July 8, Jeff Smith will assume the role of CEO at KIG. Brian Huss will succeed Jeff as CFO of KBP.
Strategie
The consultation process may affect up to 200 positions at the Alfeld Mill.
Production will end no later than September 3, 2025.
First-half harvest volume climbed 9%.
New facility can produce enough lumber for 14,000 homes and reserves 40 hectares for mass timber expansion.
The Lumber for Nations Program aims to support building projects in the Indigenous communities represented by the Meadow Lake Tribal Council. It provides both purchasing opportunities and product donations to help community-supported projects come to life.
La Grande facility absorbs operations following permanent closure scheduled for September 2025.
International Paper to exit molded fiber business; additional facility changes planned.
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.