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Net income decreased 87.2% to $8.6 million or $0.15 per diluted Class A share compared to net income of $67.2 million or $1.17 per diluted Class A share, primarily due to a non-recurring income tax benefit of $48.1 million in the prior year quarter.
Pactiv Evergreen Inc. reported earnings results for the full year ended December 31, 2024. For the full year, the company reported sales was USD 5,148 million compared to USD 5,510 million a year ago. Revenue was USD 5,148 million compared to USD 5,510 million a year ago.
Metsä Board has updated its strategic sustainability targets for 2030. The update includes changes to existing and new targets focusing on areas such as logistics emissions, personnel diversity, and occupational safety.
Retailers are under the microscope for space, material and technology of packaging.
With the carbon storage calculator, wood industry professionals, UPM Timber's customers and consumers can easily calculate the amount of carbon sequestered in wood raw material and examine its climate impacts.
Ox Industries has introduced new high-strength paper grades for paper cores in the film and paper industries. Engineered for superior strength, consistency, and resilience, the new grades ensure reliable integrity for industries requiring cores with high flat crush, radial crush and dynamic load strength. They are ideal for film and paper manufacturers needing stronger cores to handle high-speed winding, heavier rolls, and demanding processes.
This multi-country partnership with BNZ will support three virtual solar power purchase agreements: two in Italy and one in Spain, with a launch slated for Q2 2025.
For the second year in a row, the world's paper company received an 'A-' for leadership in environmental transparency and forests. Sylvamo also received a 'B' in water security and a 'B' in climate change, showcasing the company's commitment to sustainable water management and climate emissions.
Domtar is joining forces with Boisaco and the Centre de recherche sur la boréalie (CREB) of the Université du Québec à Chicoutimi (UQAC) to support leading-edge research projects that will address the challenge of managing Quebec's forests sustainably. The research partnership will allocate $430,000 annually over five years, totaling $2.15 million, with Domtar, owned by investor Jackson Wijaya, providing $350,000.
During the event, Stora Enso will highlight its renewable and recyclable products and solutions across a variety of applications, including wooden structures, catering products, waste bins, paper bags, medal boxes and awards.
GP PRO, a division of Georgia-Pacific and a leading maker of advanced dispensing solutions for commercial facilities, surveyed 200 maintainers working in U.S. facilities to gain insight into their work habits and mindset. The illuminating findings dispel many long-held misconceptions about maintainers and the work they perform.
Monadnock Paper Mills, Inc., the oldest continuously operating paper mill in the US and a leader in sustainable fiber-based solutions, is proud to introduce Renovo--a high-performance alternative to plastic gift cards. Renovo, Monadnock's 30 pt. Envi Paper Card, is made from 100% post-consumer waste (PCW) and engineered to deliver the same durability, print quality, and functionality as traditional gift cards, but with a significantly lower environmental impact.
Veritiv Operating Company, a leader in specialty packaging distribution, announced that it has achieved a Silver Medal from EcoVadis, a global leader in business sustainability assessments. Veritiv is transforming the idea of sustainability into practical growth, profitability, and long-term success for customers - all while leaving a lighter footprint on the planet.
It followed on from him winning 'Irish Times Business Person of the Month' in July when Smurfit Kappa and WestRock combined to become the largest packaging company in the world. Smurfit Westrock made its debut on the New York Stock Exchange on 8th July following the historic transaction.
Boise Cascade Company announced that Nathan Sikes will be the new Senior Vice President of Western Operations for their Building Materials Distribution (BMD) division, effective February 24, 2025. In this role, Nathan will be responsible for BMD's facilities and door shops located in the Western and Pacific Regions.
Suzano has announced another price increase for hardwood pulp. The latest initiative for March 2025 encompasses a $60/t price hike on the markets in Europe and North America, and a $20/t price hike in Asia.
CDP is a non-profit organization that runs the global disclosure system for investors, companies, cities, states, and regions to manage their environmental impacts. The organization provides a score from A to D, that rates environmental action in three categories: climate, forest and water security.
The Annual Review contains the financial statements, the Report of the Board of Directors, the Sustainability statement, the Auditor's report, the Sustainability statement's assurance report, the Corporate Governance Statement and the Remuneration Report.
Customers will also have access to some of Kruger Products' trusted consumer brands for the first time.
Full year 2024 Operating EBITDA increased to $243.7 million (net loss of $85.1 million) from $17.5 million (net loss of $242.1 million) in 2023.
Sales of $458.6 million increased 1.4% year over year, and 4.3% on an organic basis.
Boise Cascade Company reported fourth quarter net income of $68.9 million, or $1.78 per share, on sales of $1.6 billion. For the full year 2024, Boise Cascade reported net income of $376.4 million, or $9.57 per share, on sales of $6.7 billion.
Accolades underscore LP's commitment to high-performance building products and exceptional customer service.
Cascades Inc. reports its unaudited financial results for the three-month period and fiscal year ended December 31, 2024.
Louisiana-Pacific Corp reported fourth-quarter net sales growth of 3.5% year-over-year to $681 million, beating the consensus of $666.753 million.
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