Suzano, the world’s largest pulp producer, has finalized its purchase of a 15% stake in Lenzing AG, a leading supplier of sustainable cellulosic fibers, for EUR 230 million.

The Papeteries des Vosges et du Leman group (PVL), a prominent player in the global baking paper industry, has announced a significant expansion plan for its Primabake product line.

Suzano, a leading global producer of pulp and paper, is making waves with its ambitious Cerrado Project, an advanced pulp production facility set in the heart of Brazil’s Mato Grosso do Sul.

UPM Fibres has unveiled a significant organizational restructure aimed at streamlining its operations in Finland.

Smurfit Westrock plc (NYSE: SW, LSE: SWR) (“Smurfit Westrock”) announces that the arbitral tribunal (the “Tribunal”) constituted under the auspices of the World Bank’s International Centre for Settlement of Investment Disputes (“ICSID”) issued an award on August 28, 2024 granting Smurfit Holdings BV (“Smurfit”), a wholly owned subsidiary of Smurfit Westrock, compensation in excess of US$468.7 million, plus legal costs of US$4.5 million, plus interest from May 31, 2024 until the date of payment (the ‘Award’).

Stora Enso, a leading provider of renewable products, has completed its internal investigation into the environmental violation discovered on August 15, 2024, at the Hukkajoki river in Finland.

Kadant Flow Control Italy recently opened a new office dedicated to the paper industry. The office, located in Capannori, is in the heart of Tuscany and in the Italian hub.

Metsä Fibre has concluded negotiations with its workforce regarding potential temporary layoffs at the Joutseno pulp mill

Stora Enso is under investigation for an environmental incident at its harvesting site in Kainuu, Finland.

In May, UPM Communication Papers announced plans to permanently close its Hürth newsprint mill and shut down one fine paper machine (PM 3) at Nordland Papier in Dörpen. Both facilities are located in Germany.

Turkish conglomerate Eren Holding has secured a substantial $850 million loan to finance the construction of a $1.3 billion paper mill in Wales.

Nippon Paper Industries has announced a reorganization of its production system in response to the declining demand for graphic paper.

Metsä Fibre, part of Metsä Group, will start negotiations on possible layoffs at Joutseno pulp mill due to a need for temporary adjustment of production to meet low delivery volumes.

LONDON, 31 JULY 2024: DS Smith’s Group Chief Executive has called for the new UK government to help make the UK a more attractive place to invest, and to align with EU regulation to support trade.

UPM Raflatac has significantly expanded its presence in the graphics solutions market through the acquisition of Grafityp, a well-established Belgian company specializing in self-adhesive graphics solutions.

Spanish paper solutions provider Saica Group has reached an agreement to purchase the Polish subsidiary of German packaging giant Schumacher Packaging.

HEINZEL GROUP has announced the closing of its German subsidiary, Raubling Papier GmbH, citing ongoing difficult market conditions and economic hardships.

Stora Enso has secured a €435 million bilateral loan from the European Investment Bank (EIB) to further its investment in renewable, fiber-based consumer packaging board.

UPM, a major forest industry player, has divested its 50% ownership of the ASD Altpapier Sortierung Dachau GmbH (ASD) paper sorting plant in Germany.

The new price is valid from August 1, 2024.

Klabin, Brazil’s largest producer and exporter of packaging paper and the largest producer of paperboard in the country, has announced plans to modernize its Monte Alegre Unit located in Telêmaco Borba, Paraná.