Article5 min read Jan 8, 2026Sappi and UPM Propose Combining Their European-Based Graphic Paper Businesses to Create a New Joint Venture CompanySappi Limited (“Sappi”) and UPM-Kymmene Corporation (“UPM”) have announced the signing of a non-binding letter of intent to form a non-listed, independent 50/50 Joint Venture for graphic paper.
Article2 min read Oct 30, 2025SponsoredEssity Strengthens Conditions for Profitable GrowthHygiene and health company Essity is today launching measures to create better conditions for profitable growth. Actions include an organizational change that decentralizes decision-making and strengthens end-to-end accountability for each product category, and a cost savings program that is expected to generate annual savings of approximately SEK 1bn with full effect by the end of 2026.
Article2 min read Oct 9, 2025Metsä Group to Initiate Statutory Negotiations to Improve its Profitability and Operational EfficiencyOn 31 July 2025, Metsä Group announced it would launch the planning of a EUR 300 million cost savings and profit improvement program. Planning is now complete, and Metsä Group will initiate statutory negotiations concerning its personnel as part of it.
Article1 min read Oct 2, 2025UPM Announces Strategic Review of Plywood BusinessUPM has announced that it will initiate a strategic review of its UPM Plywood business area. The sale of the division is one of the possibilities. However, the company notes that a range of possibilities would be considered, including a potential separation from UPM for example through a divestment, a partial demerger or an initial public offering.
Article3 min read Aug 28, 2025International Paper to Sell Global Cellulose Fibers Business for $1.5 Billion; Close Savannah Containerboard MillInternational Paper announced a series of strategic changes to achieve an advantaged cost position, deliver a superior customer experience and maintain a high relative supply position as part of its ongoing transformation journey.
Article1 min read Apr 10, 2025Sylvamo Names Shawn Lawson as Senior Vice President And General Manager, EuropeSylvamo is announcing senior leadership changes.
Article2 min read Mar 20, 2025Mativ Appoints Shruti Singhal as President and CEOMativ Holdings, Inc. announced the appointment of Shruti Singhal, current member of Mativ's Board of Directors, as President and Chief Executive Officer, effective today. Singhal succeeds Julie Schertell, who has stepped down as President and Chief Executive Officer, and as a director.
Article2 min read Mar 6, 2025Packaging Corporation of America Announces Planned Management ChangesPackaging Corporation of America (NYSE:PKG) announced the following planned management changes.
Article1 min read Mar 6, 2025Metsä Group Reshuffles Executive Team, Appoints New Strategy ChiefMetsä Group has announced significant changes to its Executive Management Team, effective March 1, 2025.
Article2 min read Jan 30, 2025EC Says International Paper Must Divest Certain Box Plants in Europe as Next Step in Acquisition of DS SmithOn 16 April 2024, the boards of International Paper Company ("International Paper") and DS Smith Plc ("DS Smith") announced that they had reached agreement on the terms of a recommended all-share combination of DS Smith with International Paper (the "Combination"), to be implemented by way of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (the "Scheme"). The scheme document in connection with the Scheme was published and sent by DS Smith to DS Smith Shareholders on 11 September 2024 (the "Scheme Document").
Article1 min read Jan 9, 2025Sonoco Names Interim CFO, Reshuffles RolesSonoco Products Company has announced several leadership changes effective January 3, 2025.
Article1 min read Jan 2, 2025Sonoco to Sell Thermoformed and Flexibles Packaging Business to Toppan for $1.8 BillionSonoco Products Company today announced it has entered into an agreement to sell its Thermoformed and Flexibles Packaging business ("TFP") to TOPPAN Holdings Inc. for approximately $1.8 billion on a cash-free and debt-free basis and subject to customary adjustments.
Article1 min read Dec 12, 2024Lecta Announces the Spin-Off of Its Self-Adhesive BusinessLecta has announced the spin-off of its Self-Adhesives business unit from Torraspapel S.A.U. This spin-off will be effective as of January 1, 2025. It entails the creation of the new company Lecta Self-Adhesives España, S.L.U., which will take over all activities, agreements and commercial relationships relating to the Lecta's self-adhesives business, including all its self-adhesive products.
Article1 min read Nov 7, 2024UPM Appoints Mika Kekki as Executive Vice President of UPM Specialty PapersUPM has appointed Mika Kekki as Executive Vice President of UPM Specialty Papers, effective January 1, 2025. He will continue to be a member of UPM's Group Executive Team.
Article2 min read Oct 31, 2024Paper Excellence Group Rebrands All Legacy Businesses as DomtarPaper 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.
Article1 min read Oct 17, 2024Metsä Group Announces Management Team ChangesKalle Parviainen has been appointed SVP, Metsä Fibre’s sawmill business and member of Metsä Fibre’s Management Team. He will report to Ismo Nousiainen, CEO, Metsä Fibre in this new role. Parviainen has previously worked as CFO at Metsä Wood.
