Article1 min read Jan 1, 2026German Machine Manufacturer Voith to Cut Up to 2,500 JobsGerman machine manufacturer Voith said it plans to cut up to 2,500 jobs, representing about 10% of its workforce, as part of a strategic review of its organizational structure and staffing levels.
Article1 min read Dec 11, 2025UPM Discontinues Label Materials Production in Nancy, FranceUPM will discontinue label materials production in Nancy, France. The Nancy site will continue as a slitting and distribution terminal offering best-in class service and lead time to UPM Adhesive Materials’ customers.
Article2 min read Oct 14, 2025Södra Adapts its Organisation to Strengthen CompetitivenessThe program affects the entire organisation
Article1 min read Aug 7, 2025UPM to End Paper Production at Kaukas Mill and Shift Coated Mechanical Output to RaumaIn response to persistent structural overcapacity in the graphic paper sector and to secure the long-term competitiveness of its operations, UPM Communication Papers has unveiled plans to halt paper manufacturing at the UPM Kaukas mill in Lappeenranta, Finland. The move would reduce the company’s annual coated mechanical paper capacity by approximately 300,000 metric tons.
Article1 min read Aug 7, 2025Metsä Board Launches €200M Profitability ProgramMetsä Board has announced a sweeping profitability and cost-saving program targeting an annual EBITDA increase of €200 million.
Article3 min read Jul 24, 2025Northern Pulp to Initiate Sale of AssetsNorthern Pulp has announced it will initiate a court-supervised sales process of its assets after it confirmed it wasn't able to secure funding for a new mill project.
Article1 min read Jul 10, 2025Metsä Tissue Completes Change Negotiations with Works Council at Kreuzau MillMetsä Tissue announced the successful conclusion of negotiations with the works council regarding its investment and capacity adjustment plan introduced in January 2025 at its Kreuzau mill in Germany.
Article1 min read Jul 8, 2025Metsä Tissue’s Kreuzau mill: A New Course for a More Sustainable FutureSuccessfully concludes negotiations with the works council
Article1 min read May 13, 2025Negotiations at Metsä Group's Mänttä Mill ConcludeInvestments into the mill continue, recycled fiber production ends
Article1 min read Apr 24, 2025Pixelle Specialty Solutions to Close Chillicothe Mill in OhioPixelle Specialty Solutions has announced the planned closure of its mill in Chillicothe, Ohio.
Article1 min read Oct 17, 2024Metsä Group Plans to End its Plywood Production in SuolahtiMetsä Wood, part of Metsä Group, plans to discontinue plywood production in Suolahti, Finland. The plan to end production at the Suolahti mill is based on its poor profitability. According to the plans, production at the Suolahti birch plywood mill would end by the end of first quarter of 2025 and production at the spruce plywood mill would end by the end of 2026 at the latest.
Article1 min read Aug 29, 2024UPM Closes Hürth Newsprint Mill and One Fine Paper Machine at Nordland PapierIn May, UPM Communication Papers announced plans to permanently close its Hürth newsprint mill and shutdown of one fine paper machine at Nordland Papier in Dörpen (PM 3). Both mills are located in Germany.
Article5 min read May 16, 2024Sappi Reports Improved Results in Its Second Quarter Fiscal 2024Sappi reported second quarter fiscal 2024 results. Commenting on the group's results, Sappi Chief Executive Officer Steve Binnie said, "Within the context of subdued underlying market conditions due to the challenging macroeconomic environment I am pleased that the group delivered EBITDA of US$183 million, which was 10% above the prior year."
Article2 min read May 2, 2024Ahlstrom is Launching a Refined Strategy and Simplifying Its DivisionsAhlstrom announced that it is implementing a refined strategy focused on global trends for sustainable materials and is simplifying its divisional structure from five to three business units.
