Press Releases

Valmet announced that Arauco had selected it as the supplier for a complete pulp mill including full-scope automation and flow control solutions. The new mill will be built in Inocência, in the state of Mato Grosso do Sul, Brazil. Valmet now confirms that the supply contracts have been officially signed. This order will be booked in Valmet’s Q4 2024 orders received. As earlier announced, the value of the order for Valmet is over EUR 1 billion. Further informati

In the third quarter of 2024, net sales for the Södra Group amounted to SEK 6,944 million (6,545), up 6 percent compared with the year-earlier period. Operating profit totalled SEK 937 million (410), representing an operating margin of 13 percent (6). Return on capital employed was 10 percent (12) and the equity ratio was 61 percent. “Södra posted a strong result for the third quarter of the year. We are positively impacted, above all, by high pulp prices and co

Suzano, the world's largest pulp producer and a global leader in the manufacture of bioproducts developed from eucalyptus, today releases its financial statements for the third quarter of 2024 (3Q24), with operating cash generation of R$4.4 billion, an increase of 132% compared to the third quarter of 2023 (3Q23). Adjusted EBITDA totaled R$6.5 billion, an increase of 77% on the same comparison basis. Net revenue totaled R$12.3 billion, the best quarterly figure since 2022, up 37% compared

At its meeting on 24 October 2024, the Supervisory Board of Metsäliitto Cooperative, the parent company of Metsä Group, has elected Eija Pitkänen and Jussi Vanhanen to continue as members of the Board of Directors for the period 2025-2027. For further information, please contact: Miika Arola, Group General Counsel, Metsä Group, tel. +358 10 465 4205 Metsä Group Metsä Group has its roots in

SCA has become a co-owner of SE technology and the pilot facility developed and operated by SweTree Technologies. With SE technology, it is possible to quickly and efficiently produce more plants from the best seed material from forest breeding. SweTree Technologies is running a pilot project to develop automated plant production via Somatic Embryogenesis (SE) in collaboration with forestry companies Stora Enso, Sveaskog, Södra, and Holmen. Now, SCA has also joined the project

UPM Specialty Papers and Michelman have co-created three cutting edge solutions that are designed to allow brand owners to replace multi-material, non-recyclable packaging with paper-based alternatives that meet their requirements for food contact and recyclability. “UPM's papers provide a perfect foundation for our water-based barrier and heat seal coatings. Working closely with them for many years has allowed our combined team to increase the performance threshold of fib

Paper Excellence Group today announced the operational integration of the recently acquired Domtar Corporation (and other legal entities) and Resolute Forest Products with the legacy Paper Excellence business, forming a leading, unified forest products company in North America. This integration represents a strategic alignment of the companies' strengths, resources and expertise, creating a stronger organization poised for future growth and innovation, while maintaining the highest levels

Metsä Group marked the inauguration of the bioproduct mill in Kemi on Wednesday, 23 October 2024. The mill was inaugurated by President of Finland Alexander Stubb , chair of Metsäliitto Cooperative's Board of Directors Jussi Linnaranta , and President and CEO of Metsä Group Ilkka Hämälä . Metsä Group has invested more than EUR 6 billion since 2015, most of it in Finland. The largest is the Kemi bioproduct mill which is today being inaugurated,

MoistTech Corp., the global leader in moisture measurement and control, highlights the IR3000 series moisture sensors featuring cutting-edge NIR (Near Infrared) technology for exceptionally accurate and reliable moisture, coat weight, thickness, and temperature analysis throughout the paper and pulp production process. Maintaining precise measurements is critical in pulp and paper production, where variations in moisture content can significantly impact product quality and manufactu

Mercer International Inc. today announced the pricing of its private offering of $200.0 million in aggregate principal amount of 12.875% senior notes due October 1, 2028 (the “Additional Notes”). The Additional Notes are being issued at a price of 103.000% of their principal amount, plus accrued interest from October 1, 2024, for a yield to worst of 11.624%. The net proceeds of the offering, along with cash on hand, will be used by the Company to redeem $300.0 milli