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The PM40 closed Friday, 28 November 2025, at 5233.


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 28 November 2025 down 13.2% from the 29 November 2024 level.

In this issue of Disconnected Comparisons, we evaluate IT Tech Packaging and Rayonier.

Under the new setup, Stora Enso will reorganize its businesses into four segments: Consumer Packaging, Integrated Packaging, Biomaterials, and Other, which replaces its current six-segment model.

Massachusetts Governor Healey recently echoed misleading talking points by Canada and the National Association of Homebuilders (NAHB) that U.S. duties and tariffs against unfairly traded Canadian lumber imports cause housing pricing affordability issues. Such misleading and false statements have been repeatedly debunked by NAHB's own data and ignore the facts on the ground.

Perched atop Alabama's highest peak, the new Cheaha State Park Lodge marks a defining moment for sustainable design and regional craftsmanship.

The investment aims to increase production flexibility, improve fiber processing efficiency, and enable consistent high-quality output in fine paper grades.

The contract is for the supply of PrimeLineTM tissue production line for its mill in São Julião do Tojal.

The agreement covers maintenance, around-the-clock technical support, as well as training and performance monitoring.

Wuzhou Special Paper has selected Valmet to rebuild their paper machine and supply two winders for their mill in Hubei, China.

Altri will install a new lime kiln with a capacity of 250 tons per day of burned lime and upgrade the fiberline at its Biotek pulp mill in Vila Velha de Ródão, Portugal.

Suzano's new pulp mill in Ribas do Rio Pardo, Brazil, which operates entirely with ANDRITZ technology, has reached its nominal production capacity of 2.55 million metric tons of bleached pulp per year in record time.

Valmet will deliver a CFB boiler, flue gas treatment and automation system for Cheng Loong Corporation's (CLC) Houli paper mill in Taiwan.

New agreement signed at COP30 will see organisations collaborating to use artificial intelligence tools for biodiversity monitoring and digital platforms to boost public engagement in conservation efforts.

CO280 Solutions Inc. (CO280), a leading developer of carbon dioxide removal (CDR) projects, and a pulp and paper manufacturer have successfully completed a field pilot to validate the performance of liquid amine technology to capture biogenic CO2 from recovery boiler stack emissions at a pulp mill in the U.S. Gulf Coast. The liquid amine technology was provided by SLB Capturi, a leading supplier of carbon capture technology for industrial sectors.

UPM welcomes the European Union's new Bioeconomy Strategy, published today in Brussels, as a decisive move to elevate the bioeconomy as a driver of growth, innovation, and climate neutrality. The strategy reinforces the bioeconomy's central role in revitalizing European industries and boosting competitiveness through renewable and circular solutions.

Smurfit Westrock has been honored with the 2025 Portafolio Award for Corporate Social Responsibility for its A Cauca of Opportunities program--an integrated territorial development model that, for more than 40 years, has worked hand-in- hand with rural and urban communities in the Cauca region to build real, long-term opportunities.

National ranking highlights Quad's exceptional workplace culture.

Menasha Corporation is pleased to announce that it is among 25 Wisconsin employers recognized by the Wisconsin Department of Workforce Development (DWD) for exceptional commitment to hiring and supporting veterans.

Södra has been named the winner of Växjö Municipality's Timber Construction Award 2025 for its long-term and sustainable approach to timber construction. The award recognises those driving progress in sustainable building and inspiring continued innovation.

Perched atop Alabama's highest peak, the new Cheaha State Park Lodge marks a defining moment for sustainable design and regional craftsmanship.

New portfolio addresses key priorities for food industry customers, including efficiency in handling, shelf visibility, brand differentiation, sustainability and compliance with EU regulations.

MM Kwidzyn is taking a decisive step towards a more sustainable future with the installation of a state-of-the-art continuous digester in its integrated pulp mill, complemented by additional energy improvement measures focusing on the reutilization of residual heat and reducing overall energy consumption.

Essity has once again been awarded the prestigious Platinum medal by EcoVadis, the world's leading provider of business sustainability ratings. This recognition places Essity among the top 1% of all companies assessed worldwide for their sustainability performance.

Amcor, a global leader in developing and producing responsible packaging solutions, announced the launch of the Amcor Lift-Off Winter 2025/26 Challenge. The initiative invites start-ups worldwide to collaborate on breakthrough solutions for more sustainable packaging, reflecting Amcor's commitment to open innovation and advancing circularity.