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The PM40 closed Friday, 28 November 2025, at 5233.


Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

The PM40 closed 28 November 2025 down 13.2% from the 29 November 2024 level.

In this issue of Disconnected Comparisons, we evaluate IT Tech Packaging and Rayonier.

The Trump Administration's executive orders cut across dozens of industries. This searchable tool breaks down the orders and their impact.

The industry has a more or less interesting year every year. This one has fit into the more interesting category.

The investment aims to increase production flexibility, improve fiber processing efficiency, and enable consistent high-quality output in fine paper grades.

Altri will install a new lime kiln with a capacity of 250 tons per day of burned lime and upgrade the fiberline at its Biotek pulp mill in Vila Velha de Ródão, Portugal.

The contract is for the supply of PrimeLineTM tissue production line for its mill in São Julião do Tojal.

Suzano's new pulp mill in Ribas do Rio Pardo, Brazil, which operates entirely with ANDRITZ technology, has reached its nominal production capacity of 2.55 million metric tons of bleached pulp per year in record time.

The agreement covers maintenance, around-the-clock technical support, as well as training and performance monitoring.

Wuzhou Special Paper has selected Valmet to rebuild their paper machine and supply two winders for their mill in Hubei, China.

Valmet will deliver a CFB boiler, flue gas treatment and automation system for Cheng Loong Corporation's (CLC) Houli paper mill in Taiwan.

Amcor, a global leader in developing and producing responsible packaging solutions, announced the launch of the Amcor Lift-Off Winter 2025/26 Challenge. The initiative invites start-ups worldwide to collaborate on breakthrough solutions for more sustainable packaging, reflecting Amcor's commitment to open innovation and advancing circularity.

Essity has once again been awarded the prestigious Platinum medal by EcoVadis, the world's leading provider of business sustainability ratings. This recognition places Essity among the top 1% of all companies assessed worldwide for their sustainability performance.

Menasha Corporation is pleased to announce that it is among 25 Wisconsin employers recognized by the Wisconsin Department of Workforce Development (DWD) for exceptional commitment to hiring and supporting veterans.

Perched atop Alabama's highest peak, the new Cheaha State Park Lodge marks a defining moment for sustainable design and regional craftsmanship.

New portfolio addresses key priorities for food industry customers, including efficiency in handling, shelf visibility, brand differentiation, sustainability and compliance with EU regulations.

National ranking highlights Quad's exceptional workplace culture.

Södra has been named the winner of Växjö Municipality's Timber Construction Award 2025 for its long-term and sustainable approach to timber construction. The award recognises those driving progress in sustainable building and inspiring continued innovation.

Smurfit Westrock has been honored with the 2025 Portafolio Award for Corporate Social Responsibility for its A Cauca of Opportunities program--an integrated territorial development model that, for more than 40 years, has worked hand-in- hand with rural and urban communities in the Cauca region to build real, long-term opportunities.

Under the new setup, Stora Enso will reorganize its businesses into four segments: Consumer Packaging, Integrated Packaging, Biomaterials, and Other, which replaces its current six-segment model.

Perched atop Alabama's highest peak, the new Cheaha State Park Lodge marks a defining moment for sustainable design and regional craftsmanship.

Massachusetts Governor Healey recently echoed misleading talking points by Canada and the National Association of Homebuilders (NAHB) that U.S. duties and tariffs against unfairly traded Canadian lumber imports cause housing pricing affordability issues. Such misleading and false statements have been repeatedly debunked by NAHB's own data and ignore the facts on the ground.

New agreement signed at COP30 will see organisations collaborating to use artificial intelligence tools for biodiversity monitoring and digital platforms to boost public engagement in conservation efforts.

The €370 million investment doubles the mill's annual tissue paper capacity to 145,000 tonnes, significantly strengthening the local supply of high-quality tissues, like Lambi, Serla, and Katrin products for both consumers and professional customers across Scandinavia.

The installation is one element of a €400m ($463.8m) investment program to boost capacity at the mill.

Boise Cascade has reached an agreement to purchase Humphrey Company, Inc., a two-step distributor of building materials located in Chicopee, Massachusetts, with $145 million in revenue over the last 12 months, according to Boise Cascade.

Ennis, Inc. announced that it has acquired the assets of CFC Print & Mail ("CFC"), a wholesale provider of business‑document printing, mailing and commercial print solutions based in Grand Prairie, Texas.

German paper and packaging company Palm Group has taken a 50% interest in Power Packaging, which is based in the Czech Republic.

The sale of a defunct Prince Albert pulp and paper mill from Domtar to the Ontario-based BMI Group has ended plans to re-open the mill and sparked a search for industrial business tenants for the site.

Clayton Dubilier & Rice is moving forward with a $4.5 billion leveraged loan to facilitate its acquisition of Sealed Air (SEE), as part of a $7.9 billion debt arrangement. This financing, one of the largest recent buyout deals, includes both USD and euro-denominated loans.

The Nova Scotia Forestry Innovation Transition Trust is investing $1.8 million to assist private landowners and forest contractors in finding new markets for underutilized wood fibre and to support sustainable forestry management.

While Woodland Pulp is scheduled to resume operations in mid-December, there's no timeline for when Canadian softwood lumber will be accepted at the mill.

Borg is currently the Executive Vice President, Chief People & Culture Officer at International Flavors & Fragrances Inc. (NYSE: IFF), a global leader in food, beverage, health, biosciences and sensorial experiences.

Stora Enso will implement changes to its Group Leadership Team and organizational structure effective 1 January 2026, preparing for the planned demerger of its Swedish forest assets.

Beckwitt served in various executive leadership capacities at Lennar Corporation, one of the nation's leading homebuilders, with 2024 revenues exceeding $35 billion.

50 jobs have been lost after the closure of Saxon Packaging in Lowestoft, which was acquired by Smurfit Kappa (now Smurfit Westrock) in 2016.

CO280 announced that it successfully completed a carbon capture field pilot at a US pulp and paper mill.

CO280 Solutions Inc. (CO280), a leading developer of carbon dioxide removal (CDR) projects, and a pulp and paper manufacturer have successfully completed a field pilot to validate the performance of liquid amine technology to capture biogenic CO2 from recovery boiler stack emissions at a pulp mill in the U.S. Gulf Coast. The liquid amine technology was provided by SLB Capturi, a leading supplier of carbon capture technology for industrial sectors.

MM Kwidzyn is taking a decisive step towards a more sustainable future with the installation of a state-of-the-art continuous digester in its integrated pulp mill, complemented by additional energy improvement measures focusing on the reutilization of residual heat and reducing overall energy consumption.

UPM welcomes the European Union's new Bioeconomy Strategy, published today in Brussels, as a decisive move to elevate the bioeconomy as a driver of growth, innovation, and climate neutrality. The strategy reinforces the bioeconomy's central role in revitalizing European industries and boosting competitiveness through renewable and circular solutions.

Aerial trucks were used to fight the fire, including on the rooftop area, that police say started in a paper machine when particles overheated and ignited. Crews worked against high winds for several hours to put it out.

NIQ's omnichannel coverage, technology and category expertise to empower Essity's growth and innovation.

A recent long-term test conducted by GeBE Elektronik und Feinwerktechnik GmbH, a leading provider of thermal printing systems, using UPM Raflatac OptiCut™ RL54 linerless label material has reached an impressive milestone: two million cuts without the need for blade cleaning.