Strategic investment targets global microcrystalline cellulose market, valued at $1.33 billion.
Pâte de bois
Price for bleached kraft pulp exported from Uruguay to China changed slightly 0.4%.
No alternative bids were received from 15 potential buyers contacted before the January 19 deadline, confirming Canfor Corporation’s planned purchase of remaining shares.
Savings program now expected to reduce annual costs by SEK 45 million ($4.9 million) as company cites lower pulp prices in USD and weaker Swedish krona.
Board confirms Audit Committee chaired by Ilkka Salonen and HR Committee led by Taavi Heikkilä.
Exports of hardwood bleached kraft pulp from Brazil rose 5%.
Targets efficient lime recausticizing with optimized energy consumption and operational costs.
Scott Sutton brings three decades of chemicals sector experience from his prior leading role at Olin Corporation.
Leader of Russia’s largest forest industry company warns of a coming wave of bankruptcies.
John Williams steps down as board chairman to support owner Jackson Wijaya, following the integration of three legacy forest products companies.
New Vice President joins from single-family house builder DEN and will begin her role on 1 March 2026.
Company establishes six-member Executive Committee to lead refined premiumization strategy and confirms 2025 EBITDA growth outlook.
Solid sorbent pilot unit at Alberta pulp mill will gather operational data to support future commercial-scale carbon capture assessment.
Brazilian unit's $490 million investment raises annual output from 100,000 to 440,000 tonnes for hygiene products.
New five-year revolving facility refinances two previous agreements totaling Euro 1.75 billion.
Company begins recruitment for a new chief executive to take over in the first half of 2026.
Buyers remain cautious as long-fiber pulp stays below $1,500 per ton and China increases short-fiber production capacity.
Board launches search with Spencer Stuart as current CEO stays until successor is appointed.
The company may implement temporary layoffs in the first half of 2026 within Packaging and Paper Machines and Global Supply units in Jyväskylä, Vantaa, and Raisio.
Handelsbanken expects wood raw material prices to fall by 10–15% while structural supply shortages and strong krona continue to challenge Swedish industry.