Norske Skog has conducted a thorough review of its entire cost base. Among the measures are downsizing of operational and support functions across all units of the group by up to 200 full time employees during the period from 2025 to 2027.
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Upon completion of the transaction, Multiply Group will hold 60.8% of ISEM, while Peninsula Capital and minority investors will own the remaining 39.2%.
Stephen R. Scherger succeeds Michael Casamento, who after ten years as Amcor’s Chief Financial Officer has decided to return home to Australia to be closer to his family on a full-time basis and will leave the Company as a result.
The $31 million transaction is effective immediately. Cascades' will retain ownership of the site real estate.
Kruger Recycling’s new operational centre will ensure a stable fibre supply for the containerboard mill, while reducing transportation-related GHG emissions.
The addition of Subotnick enhances Veritiv's core packaging capabilities and deepens its presence in the Pacific Northwest.
High costs, weak demand, and falling production push sawmills and pulp mills into survival mode.
Acquisition adds Kondopoga PPM, Karellestran and KLPH to Taiga Group portfolioю
The new corrugator replaces the previous 2.50m machine and was installed in exactly the same location, with minimal disruption to production.
The binding offer was announced on July 7, 2025. The transaction includes the facilities of the plant in Arches, France, that Ahlstrom and Munksjö have shared since 2022, together with the Abrasive business unit, including all associated operations and personnel.
Metsä Group prepares to cut 800 jobs, including 540 in Finland, under Euro 300 million savings plan.
The facility will support over 500 manufacturing jobs and can produce more than 1 billion curbside recyclable paper packaging solutions annually.