Market News of Note

Net loss was $17.4 million in the second quarter of 2025, as compared to a net loss of $5.7 million in the second quarter of 2024, and net income of $13.8 million in the first quarter of 2025.

Interfor recorded net earnings in Q2'25 of $11.1 million, or $0.22 per share, compared to a net loss of $35.1 million, or $0.68 per share in Q1'25 and a net loss of $75.8 million, or $1.47 per share in Q2'24.

Suzano, the world's largest pulp producer, announces its results for the second quarter of 2025 (2Q25), reporting sales of 3.7 million tonnes of pulp and paper. Sales increased 28% over the same period in 2024 (2Q24), mainly reflecting the strong operational contribution of the new Ribas do Rio Pardo pulp mill, whose production started in July 2024. Net revenue in the quarter totaled R$13.3 billion, a 16% increase compared to 2Q24.

Rottneros has decided to write down the value of fixed assets in Rottneros Mill. The reason is that the mill cannot utilize its full capacity in the prevailing weak market for the mechanical pulp CTMP. The impairment charge amounts to SEK 140 million.

The negative comparable operating result was caused particularly by the weak demand for market pulp in Europe and China. The uncertainty caused by US import duties has had a negative impact on the purchasing behaviour of paperboard customers in particular.

Nordic Paper has entered into an agreement with a syndicate of financial institutions on a long term senior secured financing to Nordic Paper in the form of a Euro 275 million term loan B and a revolving credit facility of Euro 65 million.

Net income increased 6.5% to $47.3 million or $0.82 per diluted Class A share compared to net income of $44.4 million or $0.77 per diluted Class A share.

Magnera Corporation announced it will be added to the broad-market Russell 3000® Index following the annual reconstitution of the Russell indexes. The reconstituted indexes are set to take effect after the U.S. market closes on June 27, 2025.

Sappi's current shareholder split is around 70% South African and 30% non-South African

The Greenpac Mill, located in Niagara Falls, New York, manufactures lightweight containerboard, made with 100% recycled fibres.

The amended and restated loan agreement includes, among other things, a liquidity covenant and a profitability target replacing the current leverage covenant up to and including 30 September 2026.

Financing reflects strong confidence from the banking market.

The Company intends to use the proceeds from the offering to redeem all of its outstanding US$206 million aggregate principal amount of 5.125% Senior Notes due January 15, 2026, to repay a portion of the borrowings outstanding under its revolving credit facility and to pay related transaction fees and expenses.

Kimberly-Clark expects that its common stock will cease trading on the NYSE at market close on Thursday, May 29, 2025, and will commence trading on Nasdaq on Friday, May 30, 2025.

Net sales for the first quarter of 2025 remained flat at $724 million.

Adjusted EBITDA of $49 million and Net Loss of $35 million

Sales of $1,154 million (compared with $1,211 million in Q4 2024 and $1,109 million in Q1 2024)

Sales of $484.8 million decreased 3.1% year over year, and 0.2% on an organic basis

GAAP: Net sales of $824 million, Operating income of $4 million.

Canada and the United States have been without a softwood lumber deal since 2015 and B.C. softwood lumber exporters pay duties of 14.4 per cent with those expected to jump to 34.5 per cent in the fall.

Net income of $27 million ($0.65 per diluted share) vs. $81 million ($1.94 per diluted share)

Net Loss for the quarter of $32 million, a $30 million decline from prior year quarter.

Q1 2025 operating loss of $29 million; shareholder net loss of $31 million, or $0.26 per share.

Suzano, the world's largest pulp producer, announces its first quarter results for 2025 (1Q25) with record net revenue of R$11.6 billion, up 22% on the same quarter last year (1Q24). The result was driven by the exchange rates, increased pulp sales volumes from the new Ribas do Rio Pardo mill, higher paper volume and prices and the positive contribution from our paperboard mills recently acquired in the U.S.

Mondi PLC reported on Thursday its profitability was robust for the first quarter of 2025, crediting a rise in sales volumes and cost-control efforts.