Former Huber Engineered Materials president led $2 billion in M&A and joins Board amid strategic review.
Dendrochimie
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.
Transaction follows right of first refusal exercise as tall oil partner since 2008 exits ownership.
Äänekoski facility produces Metsä LigO for Dow's bio-based construction chemical development.
Strategic investment targets global microcrystalline cellulose market, valued at $1.33 billion.
A new 50-litre reactor enables stable small scale manufacturing of birch wood extract for high added value applications.
Scott Sutton brings three decades of chemicals sector experience from his prior leading role at Olin Corporation.
The world's first commercial-scale wood-to-chemicals plant targets 220,000-tonne annual output upon full operation.
Purchase of La Grande facility expands North American manufacturing base and supply chain.
New Chief Financial Officer begins transition on 1 March 2026 as Eeva Salonen retires from People & Culture role on 30 November 2025.
Company targets significant cellulose specialties price reset for 2026 and reaffirms its path to over $300 million EBITDA by 2027.
Tuomas Mäkipeska will succeed the current CFO, Petri Castrén, who will leave the company.
Through the new collaboration with SCA Wood Scandinavia AB, the availability of these products will be further expanded in the Scandinavian market.
The facility in Omro offers administrative support and a product warehouse with shipping and receiving operations. A color-tinting support center, enabling on-site wood coating and stain customization, will be completed soon.