Joint Venture

The partnership with Suzano, one of the ten largest consumers of natural gas in Brazil and one of the main customers in this segment, marks the beginning of Petrobras' operations in the free market in the state.

Weyerhaeuser Distribution announced a partnership with Nichiha USA that will make Nichiha's full portfolio of siding and trim products available in Texas through its distribution centers in Dallas, Houston and San Antonio.

Metsä Group and Amcor, a global leader in developing and producing responsible packaging solutions, announced a strategic collaboration to develop three-dimensional moulded fibre packaging solutions with lidding and liner for a variety of food applications.

Hoffmann Green Cement Technologies, an industrial player committed to the decarbonation of the construction sector that designs and markets innovative clinker-free cements, today announces the signing of a strategic partnership with Norske Skog Golbey, a key player in the recycled fiber paper industry and France's leading paper recycler.

Domtar is working to build circular economies at each of our mills. That includes partnerships with maple syrup producers and events that share a love of maple syrup -- a Canadian staple -- with local residents.

Svante Technologies Inc. (Svante), a leader in carbon capture and removal technology, announced that its joint carbon capture and storage project with Mercer International Inc. (Mercer) has advanced to the Front-end Engineering and Design Phase 2 (FEL-2).

The JV aims to develop Malaysia's first integrated pulp production facility, with an annual capacity of 150,000 tonnes.

Japan Airlines (JAL), Airbus, Nippon Paper Industries, Sumitomo Corporation, and Green Earth Institute (GEI) have signed a Memorandum of Understanding (MOU) to collaborate on the realization of sustainable aviation fuel (SAF) using bioethanol derived from domestic wood.

Peab and Södra are starting a collaboration to jointly drive climate change in the construction industry. The goal is to develop a standardized ECO hybrid frame solution for industrial volume production of homes where material choices will be guided by function, climate benefit and resource efficiency

Rayonier is selling entities that hold its entire 77% New Zealand joint venture interest for a purchase price of $710 million, subject to net debt, working capital, and other adjustments.

Long-standing collaboration between Mondi and Hans Schmid KG ensures high-quality impregnated paper for laminates in the furniture and flooring industry.

The companies will begin a strategic review of Woodspin and will renegotiate the exclusivity rights.

Nippon Paper Industries, Sumitomo Corporation, and Green Earth Institute have reached an agreement to establish a joint venture company, Morisora Bio Refinery LLC, which will focus on the production and sale of bioethanol and biochemicals derived from woody biomass. Establishment of the joint venture is scheduled for March 2025.

Mercer and Woodland Cree have co-owned Peace River Logging since 2004, and this new agreement ensures the long-term sustainability of the joint venture and secures the jobs of more than 80 local people.

The agreement is valid for five years, with an option to extend for a further year.

The world's largest pulp supplier, Suzano, announces a long-term commercial agreement with the AI-powered land use and supply chain management startup, Marvin. Alongside this, Suzano's venture capital arm, Suzano Ventures, has completed a strategic follow-on investment into Marvin, following its initial investment in October 2023.

Mercer Celgar partners with Skemxist Solutions, an Osoyoos Indian Band (OIB) company, to jointly operate a log sort yard in Okanagan Falls, British Columbia, Canada.

Chasm Advanced Materials, Inc. (CHASM) and Mativ Holdings (Mativ), manufacturer of Argotec interlayer films for high-performance glazing, have announced an exclusive licensing agreement. CHASM's AgeNT® Silver Nanowire (AgNW) and Carbon Nanotube (CNT) hybrid performance film technology will be licensed to Mativ for transparent heating solutions in advanced glass and window applications across architectural, military, and transportation segments.

Mercer International Inc. and Danish tech company Dralle announced the successful certification of their joint project tScale. The innovative AI-based measurement portal has received the renowned seal of the Physikalisch-Technische Bundesanstalt (PTB), Germany's national quality mark for precision measurements.

BlueLinx Holdings Inc., a leading U.S. wholesale distributor of building products, and Louisiana-Pacific Corporation (LP Building Solutions), a leading manufacturer of engineered wood building products, are pleased to announce the expansion of their distribution partnership.

Arctic Paper subsidiaries, Arctic Paper Grycksbo AB and Arctic Paper Munkedal AB, have terminated their agreements with S.E.R. Sverige AB regarding the installation and grid connection of battery energy storage systems, the company announced. Arctic Paper now plans to continue the project with a new partner.

Trex Company, the world's leading manufacturer of wood-alternative decking and residential railing, has joined forces with Weyerhaeuser, a global leader in sustainable forestry and one of the largest manufacturers of wood products in North America, to significantly expand Trex's presence across the Southwest region.

Suzano has unlocked roughly R$76 million in new opportunities while aligning sustainability with profitability.

Spinnova has pressed pause on the production plant currently being developed in partnership with Suzano. The Finnish textile fiber firm reported a delay in "reaching the targeted process metrics" (see: cost) needed to enter the next phase of building.

Amcor, a global leader in developing and producing responsible packaging solutions, announced it has signed a Memorandum of Understanding (MOU) with U.K.-based technology pioneers, Power Roll Limited. Amcor and Power Roll's collaboration aims to revolutionize solar-powered energy by developing a lightweight solar photovoltaic film that can deliver a low-cost alternative to silicon solar panels.