Major Announcements

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.

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

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

In total, 526 hourly employees and 148 salaried employees will be impacted.

Following the fire at Mondi's Stambolijski mill (Bulgaria) on Tuesday 24 September 2024, the Group has announced that it will permanently close the mill.

Paper Excellence Group announced the operational integration of the recently acquired Domtar Corporation (and other legal entities) and Resolute Forest Products with the legacy Paper Excellence business, forming a leading, unified forest products company in North America. This integration represents a strategic alignment of the companies' strengths, resources and expertise, creating a stronger organization poised for future growth and innovation, while maintaining the highest levels of environmental stewardship. Together, the companies will now be doing business as Domtar.

John Baird, Chairman of Canfor Pulp Products Inc. Board of Directors announced that Stephen Mackie has been appointed President and Chief Executive Officer of Canfor Pulp effective November 1, 2024.

International Paper confirmed Wednesday the company will cut about 650 total positions, including around 400 in Memphis. The company said it will provide severance packages, outplacement assistance and mental health resources to all affected employees.

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

PulPac licensee, Stora Enso, announces the opening of a groundbreaking Dry Molded Fiber Production Unit in Skene, Sweden. The facility is the largest and most advanced of its kind, marking a significant milestone in sustainable packaging technology. Production is set to begin in Q4 2024 after successful large-scale testing.

This innovative product is the result of extensive research and development aimed at advancing electrical energy storage technologies.

U.S. dock workers and port operators reached a tentative deal that will immediately end a crippling three-day strike that has shut down shipping on the U.S. East Coast and Gulf Coast, the two sides said Thursday.

Ingevity's president and chief executive, John Fortson, has left the maker of specialty chemicals and carbon materials.

Amcor plc announced that Graham Chipchase has been nominated as a non-executive director for election at the Company's Annual Meeting of Shareholders on Wednesday, November 6, 2024.

John Baird, Chairman of Canfor Pulp Products Inc. Board of Directors announced that Kevin Edgson will be leaving the role of President and Chief Executive Officer on October 31, 2024.

Twin Rivers Paper Co. Inc. was the only mill eligible for the tax credit meant to help modernize equipment and save jobs. A state report recommends more transparency about business incentives.

Doug Schwartz has extensive experience in the U.S. forest and paper industry, including serving in key leadership roles at companies such as Sonoco Products Company (Sonoco), International Paper and Champion International Corporation. He most recently held the position of Vice President and General Manager, Rigid Paper Containers at Sonoco.

Citing market and economic conditions, Paper Excellence is confirming they will not be proceeding with plans to restart the Prince Albert pulp mill. According to a statement Thursday night, they will instead explore options to divest the mill.

The Memphis-based paper maker on Tuesday said that Silvernail, who joined the company to take over the top job in May from Mark Sutton, will succeed Sutton this time around as well.

Stora Enso has appointed Pasi Kyckling as acting CFO until Niclas Rosenlew starts in his position as new CFO. Pasi will hold the role of acting CFO from 1 November 2024 until Niclas joins Stora Enso, at the latest in January 2025. As announced in May, Stora Enso's current CFO Seppo Parvi will assume a role with a company outside of the forest industry.

Amcor, a global leader in developing and producing responsible packaging solutions, announced that its Board of Directors has appointed Peter Konieczny as Chief Executive Officer (CEO). Mr. Konieczny has served as Interim CEO since April 2024. The Board also intends to nominate him as a director for election at the Company's Annual Meeting of Shareholders which is expected to be held in November 2024.

Ahlstrom, the global leader in masking and packaging tape base papers, has initiated a feasibility study for investing in tape base paper saturation and release coating capability. The feasibility study evaluates the most suitable approach to deliver these capabilities, and the final decision is expected to be made shortly after the study is completed.

Fred Stephan, previously President, Amcor Flexibles North America, has been appointed to the newly introduced role of Chief Operating Officer.

Greif, Inc., a global leader in industrial packaging products and services, announced the opening of its new facility in Pasir Gudang, Johor, Malaysia. This significant milestone marks a new chapter in Greif's commitment to delivering high-quality packaging solutions while contributing to the local economy.

CFO Mike Cole to add new role, President of Corporate Services.