Major Announcements

Sealed Air (SEE) announced that Dustin Semach has been appointed to serve as the president and CEO, effective immediately. Semach will also serve as a member of the board of directors and its executive committee.

Domtar's subsidiary company, Paper Excellence, entered into a settlement with the provincial government following the closure of the Northern Pulp mill in 2020. As part of the settlement, which resolved a $450-million lawsuit filed by Paper Excellence against the provincial government over closure, Domtar agreed to explore the viability of opening a new mill in Liverpool.

Jussi Vanhanen, LLM, MBA, has been appointed as Metsäliitto Cooperative's new CEO. He will also be the President and CEO of Metsä Group. Jussi Vanhanen will start in his new position on 1 July 2025. Until 30 June 2025, the position will be held by Metsä Group's current President and CEO Ilkka Hämälä, who will then transfer to special duties within the company. These duties will continue until 23 October 2025, when he retires.

Layoffs are expected to begin April 11 and conclude on or before June 13, the notice states.

The project would create over 400 new jobs and increase the UK's self-sufficiency in the tissue paper market to approximately 85%.

The company also said it will close its recycling plant in Phoenix and box plant in Hazelton, Pa., during the same time period.

This is a tremendous loss for everyone at the Sofidel Group, who express their profound sorrow for this loss and extend their condolences to the entire Stefani family.

After 14 years with the Group, and almost ten years as president and CEO, Magnus Groth has informed the Board of Directors of Essity Aktiebolag (publ) that he has decided to step down as CEO and from the Board during 2025. A recruitment process for a successor will be initiated immediately.

Greif to close two facilities, impacting 140 jobs, due to cost increases and declining demand. Production to cease by mid-2025.

Huhtamaki appoints Ralf K. Wunderlich (58) as President and CEO effective on January 15, 2025 when the Company's current President and CEO Charles Héaulmé steps down. Charles will be available as needed to secure smooth transition until July 2025.

Finch Paper announced the promotion of Drew Gardner as Chief Executive Officer, effective February 1, 2025. Drew succeeds Debabrata Mukherjee, who has led the company since 2013 and will continue his service to Finch Paper as Chairman of the Board.

These measures involve change negotiations affecting approximately 360 employees, with up to 215 potential job reductions.

Hood Container, a leader in the Containerboard and Packaging Industry, is pleased to announce the appointment of Alan Clark as the new President and Chief Operating Officer, effective January 1, 2025. Alan Clark succeeds Charlie Hodges, who will retire after a nearly 50-year career in the pulp and paper business.

Using the IFS solution, GBP will improve asset reliability by obtaining clearer visibility into asset availability, usage, and lifecycle.

The Paper Packaging Company, founded by Nigerian engineer and entrepreneur Chidi Oguegbu, will extend its eco-conscious operations to the United States in early March. The expansion coincides with the organization's tenth anniversary, underscoring a record of providing paper-based packaging alternatives to reduce single-use plastics.

It was the largest known blastomycosis outbreak in the United States.

Tyler joined Twin Rivers Paper in April 2022 as Vice President of Finance and was named Chief Financial Officer in August 2022, leading the company's finance, accounting, treasury and tax functions. In April 2023, he was named President in addition to his role as Chief Financial Officer.

Kruger Products Inc., a company in which KP Tissue Inc. holds an equity interest, announced that, after successfully starting-up its new tissue plant in Sherbrooke, Quebec, it is evaluating advancing the construction of its next tissue plant in response to increased market competition in the fast-growing ultra-premium segment.

Essity is expanding its production of athletics tape by investing in a new production line for Leukotape K. The investment enables a significant increase in production capacity to meet the growing global demand.

The mill will continue producing pulp.

UFP Packaging announced the opening of its 10,000-square-foot Packaging Design and Development Center (DDC) at its Newnan, Ga., facility.

SCA appoints Petteri Kalela as the new head of the Containerboard and Pulp business areas and member of the executive management team.

Hossain to replace Russell Hagen, who is retiring at the end of 2024.

Mondi, a global leader in sustainable packaging and paper, has opened a ground-breaking hub in Germany for co-creating flexible packaging solutions that will shape the future.

Stora Enso confirmed that it postponed its weekly supplier payments for a one-week period in both June and September 2024.