Partnership targets 50,000 to 180,000 hectares in Vietnam with Alternate Wetting and Drying carbon credit potential.
Holzchemie
NPCE subsidiary in Hungary faced EV market slowdown and intensifying global competition.
Global overproduction in man-made cellulosic fibres undermines premium pricing for responsible production.
Former Huber Engineered Materials president led $2 billion in M&A and joins Board amid strategic review.
Raw material and logistics cost increases from prolonged conflict outweigh delayed price hike benefits amid demand weakness.
Global reductions total 123 positions, down from original 150 estimate, targeting $15 million in annual savings.
Julie A. Dill, a board member since 2018, succeeds Lisa M. Palumbo who completes second two-year term.
Transaction adds invention disclosures for bio-based MEG and MPG production as UPM scales Leuna biorefinery operations.
Finland faces maximum 30 role reductions as manufacturing staff excluded from change negotiations.
Interim office of the CEO formed as Scott Sutton resigns, with CFO Marcus Moeltner among four executives leading transition.
New 60,000-tonne plant marks company's second largest in Asia Pacific and first large-scale U.S. paper chemicals investment in Guangxi.