Metsä Board has updated its strategic sustainability targets for 2030. The update includes changes to existing and new targets focusing on areas such as logistics emissions, personnel diversity, and occupational safety. The previous update to the targets was made two years ago when measures improving the biodiversity and health of forests were included, as well as initiatives promoting fossil-free production at Metsä Board’s mills. Since then, the achievement of targ

The Saica Group has decided to accept the 32.7 million euro grant given to the company by the Ministry of Industry and Tourism for its PERTE (Strategic Project for Economic Recovery and Transformation), which aims to decarbonise the recycled paper process at its plant in El Burgo de Ebro (Zaragoza). The project was declared of Regional Interest by the Government of Aragon and the group now trusts that the speeding up of the corresponding administrative permits will not compromise the very tig

Valmet is pioneering bio-based raw materials in paper machine clothing by introducing its first press felt with a lower carbon footprint. In Valmet Press Felt EMX M Bioneer, part of the fossil raw material is replaced by bio-based alternatives using the mass balance approach. “We have been working to reduce our products’ climate impact for years. In addition to improving material efficiency and developing recycling practices for used paper machine clothing, we have spent

Two of Domtar’s values are collaboration and entrepreneurship, qualities the Nekoosa, Wisconsin, mill recently demonstrated via a partnership that turned a costly sourcing challenge into an innovative project with environmental, operational and economic benefits. Partnering with Omya, a leading global producer of essential minerals and a worldwide distributor of specialty materials, the mill built an on-site plant to ensure a reliable source of precipitated calcium carbonate, a key pape

Metsä Group takes a big step forward in the development of Kuura and starts pre-engineering the first commercial Kuura textile fibre mill. Its purpose is to prepare for the industrial production of Kuura fibre. This is an important step in Metsä Group’s work to develop wood-based products of higher added value. The Kuura textile fibre is produced from softwood pulp, the raw material of which is sourced from Metsä Group’s Finnish owner-members’ forests. 

Voith is modernizing and expanding its roll service center in West Monroe, La., underscoring its firm commitment to the future of the paper industry and the evolving needs of customers. The expansion will be Voith Paper’s largest, most recent investment in North America. The Voith Paper facility first opened in 1991 and is the leading roll service center in North America. The expansion will add needed workspace for continued growth in addition to adding jobs to support the loc

Valmet will modernize the automation system at KSS Energia’s Verla 2 hydropower plant in Kouvola, Finland. The Valmet DNA Hydro Turbine Automation will replace an obsolete third-party system on the site. The new automation system plays a crucial role in improving the operational reliability of the hydropower plant. The order was included in Valmet’s orders received of the fourth quarter 2024. The value of the order will not be disclosed. The delivery will be taken over b

Valmet is to supply automation for Shandong Jin Tian He Paper Co., Ltd.’s food grade folding boxboard project in China. The order includes a Valmet DNA Distributed Control System (DCS) with built-in Machine Condition Monitoring, a Valmet IQ Quality Control System (QCS), Machine Vision, and a Coat Weight Profiler. The order was included in Valmet’s orders received of the fourth quarter 2024. The value of the order will not be disclosed. The delivery will take place in the

Valmet has now completed the share buy-back program for its share-based incentive plans. During that period, Valmet acquired in aggregate 115,000 of its own shares for an average price per share of EUR 27.98. The total purchase price paid for the shares was EUR 3,217,811. The shares were acquired at market price in public trading on Nasdaq Helsinki Ltd. Following the acquisitions, Valmet owns a total of 479,258 treasury shares, which represents approximately 0.26 percent of the tota

The U.S. Lumber Coalition in a letter to President Trump highlights the great success of the enforcement of the U.S. trade laws that has added eight billion board feet of production capacity and produced an additional 30 billion board feet of softwood lumber since 2016. These increases alone are enough to build two million single family homes and has more than offset the decline in unfairly traded Canadian lumber imports. "Trade law enforcement against unfairly traded Canadian