Article2 min read Oct 14, 2025Metsä Group to Initiate Statutory Negotiations to Improve its ProfitabilityWill initiate negotiations concerning all of its business areas and group operations
Article2 min read Oct 14, 2025Södra Adapts its Organisation to Strengthen CompetitivenessThe program affects the entire organisation
Article1 min read Aug 21, 2025Sappi Europe Announces Potential Closure of Coated Paper Machine at Kirkniemi Mill in FinlandSappi Europe announced the initiation of a consultation process at its Kirkniemi Mill in Finland as part of a proposed asset restructure. This step is being taken in response to a structural decline in demand across Europe and sustained financial challenges. The proposed changes are intended to ensure long term competitiveness in the Graphic Paper Market and align production capacity with changing market dynamics and customer needs.
Article1 min read Mar 6, 2025Irving Paper to Permanently Shut Down 50 Percent of Its Papermaking OperationsIrving Paper, located in Saint John, New Brunswick, Canada, will permanently shut down 50 per cent of its operations as a direct result of New Brunswick's uncompetitive industrial electricity rates. The company made the announcement to the 140 impacted employees today, effective immediately.
Article1 min read Oct 31, 2024French Containerboard Producer Papeterie Saint-Michel liquidatedThe French producer of corrugated material Papeterie Saint-Michel is being liquidated, EUWID reports. The company has been facing challenging financial difficulties for quite some time and has been placed in receivership since April this year. On 3 October, the commercial court of Angoulême in France placed the company in liquidation.
Article1 min read Jul 11, 2024McKinely to Close Port Angeles Paper MillAlmost 200 people will lose their jobs later this summer in Port Angeles after McKinley Paper Company announced plans to shut down its operations.