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Sappi Europe has achieved GMP+ Feed Safety Assurance (FSA) 2020 certification for its Lignin manufacturing site in Germany where Pelletin and NuryGuard are produced.
In the third quarter of 2024, net sales for the Södra Group amounted to SEK 6,944 million (6,545), up 6 percent compared with the year-earlier period. Operating profit totalled SEK 937 million (410), representing an operating margin of 13 percent (6). Return on capital employed was 10 percent (12) and the equity ratio was 61 percent.
Ahlstrom, a global leader in fiber-based specialty materials, is proud to announce the launch of Lipid Saver™, a new solution designed for collecting, transporting, and storing fatty acids from whole blood samples.
Weyerhaeuser Company reported Q3 net earnings of $28 million, or 4 cents per diluted share, on net sales of $1.7 billion. This compares with net earnings of $239 million, or 33 cents per diluted share, on net sales of $2.0 billion for the same period last year and net earnings of $173 million for Q2 2024.
Canfor Corporation recorded an operating loss of $560 million in the third quarter of 2024, reflecting intensified challenges across its lumber and pulp segments.
Huhtamäki, a global producer of food and beverage packaging, reported net sales in line with expectations in the third quarter. Operating profit was worse than expected.
Suzano S.A. has announced the resignation of its Executive Vice President of Finance and Investor Relations, Marcelo Feriozzi Bacci, effective November 30, 2024.
Aligned with the company's strategic sustainability framework, Everyday Responsibility, the report details sustainability work and initiatives spanning three distinct yet equally important pillars: Resource Stewardship, Trusted Products, and Thriving People and Communities.
The strong third quarter results were mainly driven by increased sales volume and higher average selling prices of exported products, with a favorable contribution from exchange rates.
UPM Biomedicals, the forerunner in producing high quality nanofibrillar cellulose for medical and life science applications, announces the launch of FibGel™--a natural injectable hydrogel for permanent implantable medical devices.
West Fraser Timber Co. Ltd. announced third-quarter results for 2024, reporting a loss of $83 million compared to a $105 million profit in the second quarter. The company's sales fell to $1.437 billion, marking a 16% decline from the prior quarter's $1.705 billion. Adjusted EBITDA stood at $62 million, down from $272 million in the second quarter.
UPM Specialty Papers and Michelman have co-created three cutting edge solutions that are designed to allow brand owners to replace multi-material, non-recyclable packaging with paper-based alternatives that meet their requirements for food contact and recyclability.
International Paper is championing water conservation through an educational outreach program. We are partnering with local schools in our communities to foster awareness and instill a sense of responsibility towards this precious resource. At the heart of this initiative is our Water is Wonderful curriculum, which we developed to educate 1st through 3rdgrade students on what it means to be a good steward of the water we have.
uad/Graphics, Inc., a global marketing experience (MX) company, announced that it has entered into a definitive agreement to sell the majority of its European operations for €41 million (approximately $45 million) to Germany-based entrepreneurial private capital investment manager Capmont GmbH.
Berry has set a record date of the close of business on November 1, 2024 for the proposed spin-off of its Health, Hygiene and Specialties Global Nonwovens and Films business.
Partnership aims to attract and cultivate the next generation of diverse tradespeople in forestry and manufacturing.
October 23, 2024
From news reports
Kimberly-Clark on Tuesday cut its annual organic net sales forecast after missing Wall Street estimates for third-quarter sales, as consumers swap its pricier personal care goods for cheaper alternatives.
Third quarter net sales were $2.2 billion in 2024, up from $1.9 billion in 2023.
The first results of the Natural Resources Institute Finland on the forests of Metsä Group's owner-members demonstrate the need for new initiatives that increase biodiversity. According to indicators, biodiversity in forests has developed both positively and negatively over the past decades.
The Company intends to use the net proceeds of the Offering, along with cash on hand, to redeem $300 million in principal amount of its currently outstanding 5.500% senior notes due 2026 (the "2026 Senior Notes").
Södra is taking action to strengthen conditions for family forestry and to develop its member offer. On 21 October, prices were raised for saw logs and small-diameter sawable ranges, and a new tool is being introduced to increase security for forest owners. Södra is also taking further steps to improve transparency in the wood market.
In addition to having its safest year ever, more than 94% of Amcor's flexible packaging portfolio by area had a recycle-ready solution available, and 95% of rigid packaging by weight was recyclable in practice and at scale.
The EIFS Industry Members Association (EIMA) is pleased to announce that Georgia-Pacific Building Products has rejoined the association as its newest associate member.
Essity disputes the demand.
The company attributed the decline primarily to "more planned maintenance shuts" and a forestry fair value loss. This was in addition to softer seasonal demand and higher input costs, it said.
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