Archives

The PM40 closed Friday, 27 February 2026, at 5586.

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 27 February 2026 down 4.1% from the 28 February 2025 level.

In this issue of Disconnected Comparisons, we evaluate International Paper and Kimberly-Clark.

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

There is a lot of turmoil up and down the ranks of the pulp and paper industry these days. If you are under forty years old, you may not have seen this before and it may make you quite nervous when it comes to your own employment. Being nearly 76, I have seen this many times. In fact, the industry was in a slump when I joined it.

ABB has signed an agreement with Swedish pulp and paper manufacturer Billerud to modernize Paper Machine 5 at the company's Gävle mill, one of its key sites for producing liquid packaging board and liner.

Indah Kiat Pulp & Paper TBK, a member of Asia Pulp & Paper (APP), has successfully started up its new OCC (Old Corrugated Containers) line and reject treatment system supplied by international technology group ANDRITZ at its Karawang mill in Jawa Barat, Indonesia.

Maflex has been awarded within the framework of "Imprese Vincenti", the program promoted by Intesa Sanpaolo dedicated to enhancing Italian small and medium-sized enterprises that stand out for performance, innovation, and responsibility.

The Solenis 2025 Sustainability Report highlights how the company works with customers to turn sustainability goals into real progress.

The material solutions company UPM has entered into a collaboration with international technology group ANDRITZ to recycle its paper machine clothing.

Valmet has received an order from The Price Companies to deliver a new debarking and chipping line to support increased wood chip supply at one of their operations in Georgia, the USA. The investment enables Price to meet growing demand and strengthen its position as the leader in woodyard operations in North America.

The facility is scheduled to start up during the Q3 2027.

Atlantic Packaging Products ("Atlantic") is excited to announce that its packaging solution for the Zavida Coffee Roasters Organica coffee has won the Best in Class PAC Global award in the Technical category for package innovation design at the 2026 PAC Global Awards.

Innovative home siding and structural products recognized at the world's largest light construction show.

Metsä Board, part of Metsä Group, has published its Annual Review 2025 as a pdf file in Finnish and English. The Annual Review includes the Financial Statements, the Report of the Board of Directors, the Corporate Governance Statement, and the Remuneration Report for the 1 January-31 December 2025 financial period.

Mondi has partnered with Prymat, a Polish dried seasoning manufacturer, to develop ultra-high barrier paper-based packaging for its dried spices.

Long-term partnership delivers reliable corrugated packaging for fresh produce applications.

Sonoco also ranked second in the following categories: use of corporate assets, financial soundness, long-term investment and global competitiveness.

Both products, currently in development, are designed to give builders more versatile and higher-quality flooring solutions.

Grew fourth quarter net sales to $1.8 billion, up 29.7% from the prior-year quarter, primarily from acquisition activity.

Boise Cascade Company reported fourth quarter net income of $8.7 million, or $0.24 per share, on sales of $1.5 billion. For the full year 2025, Boise Cascade reported net income of $132.8 million, or $3.53 per share, on sales of $6.4 billion.

Canfor Pulp Products Inc. announced that it will record a non-cash asset write down and impairment charge totaling approximately $106 million in its fourth quarter of 2025 results. The impairment reflects sustained declines in global US-dollar pulp list prices combined with persistent challenges in securing economically viable fibre.

Net loss from continuing operations of $53 million, or $3.28 per diluted share, primarily driven by a $48 million non-cash goodwill impairment, partly offset by insurance proceeds.

Greif, Inc., a global leader in industrial packaging products and services, announced that its Board of Directors has declared quarterly cash dividends of $0.56 per share on its Class A Common Stock, and $0.84 per share on its Class B Common Stock.

During Q4 2025, the Company reported net sales of $567 million, representing a decrease of $114 million from last year.

Sales of $463.1 million increased 1.0% year over year, and 1.9% on an organic basis.

Mondi's management say they are confident in being able to manage industry headwinds, including falling paper prices, by increasing volumes and better management of margins, CEO Andrew King said.

Rayonier Inc. announced that the Company's board of directors has declared a first quarter cash dividend of $0.26 per common share. The dividend is payable on March 31, 2026, to shareholders of record on March 17, 2026.

Sonoco Products Company, a global leader in high-value sustainable metal and paper packaging, on Feb. 17 hosted an Investor Day in which it provided investors with an update on its value creation strategy, financial targets and capital allocation plan, led by President and Chief Executive Officer Howard Coker and members of the senior leadership team.

Sylvamo's board of directors declared a quarterly dividend of $0.45 per share for the period of April 1, 2026, to June 30, 2026. The dividend is payable April 28, 2026, to holders of record at the close of business April 7, 2026.

UFP Industries, Inc. reported net sales of $1.33 billion for the Q4 ended December 31, 2025, a 9% decrease from the same period last year, driven by a 2% decrease in price and a 7% decline in organic units amid soft end-market demand.

Five-year contract strengthens integrated supply chains for global pulp and paper leader, Suzano, while DP World's Santos terminal hits record container volumes in 2025.

This collaboration combines Polytag's cutting-edge detection technology and expertise, Saica Flex's high-quality packaging production, and Paragon Inks specialist UV inks.

A lawsuit filed against ND Paper and several other companies alleges workplace safety violations played a role in 35-year-old Damion Hatcher falling nearly eight stories "into the opening of a chimney while performing cleaning services."

Domtar has begun installation of a new high-speed tissue converting line at its Calhoun, Tennessee facility, a project designed to increase operational output and better align the mill's tissue production capacity with its converting capabilities. The company is also expanding existing warehouse space for parent tissue rolls to support improved inventory management.

Metsä Board, part of Metsä Group, will open a new Packaging Design Studio in Milan in summer 2026, marking a significant step in accelerating packaging innovation and strengthening collaboration with European brand owners, converters, and packaging developers.

Södra has reached an agreement to divest its shares in Sunpine AB to VAROPreem. The transaction is pursued together with shareholders Sveaskog AB and Lawter B.V., a subsidiary of Harima Chemicals Inc., and is now undergoing the necessary approvals before it can be completed.

Western Forest Products Inc. and Qwoqwnes Forestry Holdings Limited Partnership, an entity beneficially owned and controlled by Tla'amin Nation ("Qwoqwnes"), have reached an agreement for the purchase by Qwoqwnes of a 100% ownership interest in the assets comprising Western's Stillwater Forest Operation, located near Powell River, British Columbia ("BC"), for an aggregate purchase price of $80.0 million (the "Transaction").

An online auction will be held beginning Tuesday, March 10, 2026 for assets from the Graphic Packaging East Angus, Quebec mill.

Cross Wrap provides automated solutions that simplify bale handling and wire removal, ensuring smooth, safe, and reliable stock preparation. With over 100 Dewiring Machines and Wire Cutters installed worldwide, including at major paper recyclers and board mills, these systems are proven to perform under demanding conditions.

Joel Quadracci Continues as Chairman and CEO

Magnus Wikström has been a member of the Board of Directors of Rottneros AB since 2023. He will remain on the Board of Directors during his time as acting President and CEO.

Lana Payne cites 'lack of clarity' about Kruger's $700M diversification plan.

Final newsprint run at Thunder Bay Pulp and Paper marks shift to kraft production.

Essity's UK manufacturing breakthrough turns paper waste into animal bedding

Arctic Paper found an Excel-based error that understated wastewater discharges.

A significant portion of the Utsjoki jointly owned forest has been designated for protection and additional protected areas are being planned. In commercial forests, harvesting will continue in the winter of 2026.

The pulp mill and one paper machine will cease operations June 30, 2026. A second paper machine will cease operations Sept. 30, 2026. The changes will affect approximately 200 employees. Two hundred employees are expected to stay on staff.

During his 14-year tenure with GP, Medina has built high-performing teams that create customer value and drive sustainable growth.

The parents of 26-year-old Allen Hornberger, the second victim who died following the Woodland Pulp chemical incident, are sharing who he was.

Allen Hornberger died Tuesday following a chemical release at the mill's bleach plant on Jan. 27. The gas leak also left Kasie Malcolm, a 20-year-old chemical engineering student from the University of Maine, dead.

Western Forest Products Inc. announced that employees represented by the United Steelworkers Local 1-1937 at La-kwa sa muqw Forestry Limited Partnership ("LFLP") have voted to ratify a new collective agreement. The 6-year collective agreement is retroactive and expires June 14, 2030.