
The tenor is seven years for the term loan B and six and a half years for the revolving credit facility.
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.
Alex Veitch will take up his role from 26th August 2025, joining the Confederation following several years as Director of Policy and Insights at the British Chambers of Commerce.
CreaPak will become part of OptiGroup’s packaging business in Finland and will continue to operate under its current brand CreaPak. The purchase price has not been disclosed.
Chair of the Board of Directors of Metsä Board Corporation Ilkka Hämälä will resign from his position on the Board of Directors as of 1 July 2025.
The Legacy Paper Group restart Paper Machine, bringing 30,000 tons of annual production capacity back online after a four-year shutdown.
Over the last 12 months, the all items index increased 2.4% before seasonal adjustment.
Green Bay Packaging announces retirement of Executive Vice President.
Sharp International announces its exclusive partnership with WEIG.
Another PulPac licensee has commissioned a modular Dry Molded Fiber production line, complete with integrated downstream automation. The installation has passed Site Acceptance Testing (SAT) and is now running at verified industrial speed.
The Pinneberg Local Court ordered the provisional self-administration.
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.
The assignment includes multidisciplinary design engineering and site services for the Balance of Plant (BOP).
The acquisition also brings premium-quality products, long-standing customer relationships, and the experience and expertise of the site’s 260 people.
Valmet will deliver an additive feeding system upgrade and a redundant steam reduction station system to Hamburger Containerboard Dunaújvaros in Hungary.