Article1 min read Feb 26, 2026UPM Scales Back Paper Output in EuropeThe forest industry group UPM will close its paper mill in Ettringen, Germany, ending the production of graphic paper at the site. The shutdown will affect 189 employees, the company said in a press release.
Article1 min read Feb 5, 2026Global Capacity Shifts Accelerate Amid Trade Policy VolatilityTariffs and closures are reshaping regional pulp and paper supply dynamics.
Article6 min read Sep 25, 2025Containerboard Prices Begin Slow RecoveryThe North American containerboard industry is slowly recovering from a post-COVID inventory contraction and demand is expected to bounce back at a “modest” 0.53% compound annual growth rate (CAGR) through 2027, according to Rabobank’s Q3 2025 report.
Article1 min read Jun 26, 2025PPL Group, Capital Recovery Group (CRG), and Rabin Announce Major Auction of Former Ponderay Paper Mill in Usk, WAA unique opportunity to acquire high-capacity paper manufacturing equipment and mill support assets is set to unfold as three leading industrial asset management firms—PPL Group, CRG, and Rabin Worldwide—join forces to conduct a public auction of the former Ponderay Newsprint Mill located in Usk, Washington.
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 Sep 19, 2024Paper Excellence Cancels Prince Albert Pulp Mill RestartPaper Excellence Canada has announced it will not proceed with the planned restart of the Prince Albert pulp mill in Saskatchewan, citing unfavorable market and economic conditions.
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.
Article1 min read Jul 18, 2024Heinzel Group Announces Decision to Close Its Subsidiary, Raubling Papier in GermanyHeinzel Group announced that it has made the difficult decision to close its subsidiary, Raubling Papier GmbH, in Germany, due to persistently difficult market conditions and challenging economic circumstances.
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.
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."