The consultation process may affect up to 200 positions at the Alfeld Mill.
Packaging Paper & Board
Production will end no later than September 3, 2025.
Industrial purchase prices decline 4.3% as wood and pulp inputs fall 4.2% and paper-products output prices drop 3.4%.
Vinzenz Heindl will be joining the Board of Directors as Chief Sales Officer effective 1 August 2025.
The investment will accelerate PulPac’s research and development over a five-year period (2025–2029), with a focus on next-generation food service and retail packaging.
Jussi Vanhanen succeeds Ilkka Hämälä, who is retiring after a distinguished career.
Cash proceeds will be allocated to debt repayment.
With this acquisition, PALM strategically strengthens its position in the European corrugated packaging market and expands its geographical footprint in France, Spain and Portugal.
Johan Rabe will continue with Huhtamaki to help ensure a smooth transition by the end of this year. His successor will be announced in due course.
International Paper to exit molded fiber business; additional facility changes planned.
Huhtamaki will use the funds for refinancing and general corporate purposes of the Group.
This investment reduces production waste and uses circular life cycle inks, significantly minimising waste generation.
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.
The tenor is seven years for the term loan B and six and a half years for the revolving credit facility.
The operating rate for bleached packaging papers was 73.1%, up 1.6 points from May 2024 and essentially flat (-0.4 pts.) year-to-date.
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.
Pixelle updates WARN notices for Chillicothe paper mill employees.
Paul Joachimczyk will replace Jerry Cheatham, who has served as Interim Chief Financial Officer since January 6, 2025.
Shutdown removes 210,000 tonnes of folding boxboard capacity, or 13% of Metsä Board’s total.
CMPC Forest Products has been operational since January 1, 2024, and is the result of a joint venture with International Forest Products (IFP). The 24-person team based in Atlanta oversees sales and logistics services across CMPC’s operations.