Leading Stories

The combined firm, Smurfit WestRock PLC, will have standard London listing, surrendering FTSE 100 status.

KP Tissue Inc.which has a limited equity interest in Kruger Products Inc., is pleased to announce that the 482 unionized employees at its Crabtree plant and Joliette warehouse have ratified a new five-year collective agreement.

In a statement, Lenzing said its CEO Stephan Sielaff would not be renewing his contract with the company's management board, "by mutual agreement" with its supervisory board.

Ansell Limited, a global leader in protection solutions, announced it had successfully completed the acquisition of Kimberly-Clark's Personal Protective Equipment (KCPPE) business.

It anticipates its shares to delist from the London Stock Exchange's Main Market and the Euronext Dublin next week Monday, with Smurfit WestRock shares to start trading on the New York Stock Exchange that day.

Charlie was an accomplished businessman and worked his entire career at Sonoco Products Company. He succeeded his father as President in 1970, and later served as Chairman from 1976 until 2005.

Eletrobras, Latin America's largest energy company, and Suzano, the world's largest pulp producer, today announce a partnership to study the development of sustainable solutions such as green hydrogen and synthetic fuels. The research will focus on the technical and economic feasibility of utilising natural biogenic CO2 generated as part of Suzano's current production process to manufacture new forms of sustainable fuels.

She is the first woman in the history of Saica as the head of the company.

Metsä Board has announced that the renewed folding boxboard machine installation at its Simpele mill in Finland will take place in late 2025.

According to Klabin, the money will go towards the installation of a new recovery boiler with "cutting-edge technology."

Mayr-Melnhof Holz invests in a fully automated modern high-frequency press for the production of glulam standard components at its Olsberg site in Germany.

Shares in the new entity, Smurfit WestRock, will begin trading on the New York Stock Exchange on Monday and will immediately join key US stock indices, including the S&P 500, the most widely-followed equities index in the world. The company will also retain a secondary listing in London.

McKinley Paper Company plans to lay off 193 employees at its Port Angeles location on Aug. 25.

Brazilian pulpmaker Suzano said it has terminated talks to buy International Paper, adding the U.S.-based firm did not engage with the highest price it was willing to pay.

Ennis, Inc. is pleased to announce its acquisition of Printing Technologies, Inc. (PTI) located in Indianapolis, IN. Founded in 1994, PTI is a leading manufacturer of innovative media solutions used in all types of Printing Technologies including direct thermal, thermal transfer, ink jet, dot matrix and laser.

A fire broke out at a South Macon paper mill Tuesday evening, June 25, after a tractor malfunctioned and caught on fire, according to Macon-Bibb County Fire Department's lead fire investigator Capt. Kyle Murray.

Unifor announces the conclusion of a historic agreement in principle between the employees at the Kruger facility in Trois-Rivières and the company's management, putting an end to the strike that began on May 30, 2024.

SCA has decided to take the lead ahead of the government report "The Value of Wind" (SOU 2023:18) by implementing its own compensation model, inspired by the report's proposals, for residents living near new wind farms developed by the company. The amount of compensation will be based on the distance to the turbine and the revenue generated by the turbine.

The transaction is expected to close in the second half of calendar 2024 and is subject to approval by Glatfelter shareholders and completion of the remaining customary closing conditions.

The Italian paper and packaging company Fedrigoni said it has acquired a majority stake in the Chinese company BoingTech, one of the major RFID (radio frequency identification) inlay and tag manufacturers worldwide with operations in China and Malaysia.

Södra is now establishing a new business to become a world leader in the production of kraft lignin. Södra's production facility will be the first commercial facility in Sweden and the largest of its kind in the world. This is an investment of over SEK 2 billion and expected to be in operation in 2027.

On Tuesday, DS Smith and International Paper announced that the waiting period under the Hart-Scott-Rodino Act has expired.

The U.S. packaging firm expects to achieve more than $100 million in synergies from the integration of Eviosys with Sonoco's complementary metal can business.

The Corner Brook paper mill was temporarily shut down in early April, after the provincial government issued an order under the Public Safety Act. Operations resumed later that month.

Sonae Arauco, one of the world's most relevant companies for engineered wood solutions, has transformed its first plant in Germany, the Nettgau site, into a digital plant, a format that provides an extensive and relevant set of data in real-time to support decision-making.