Elof Hanson

September 14, 2023

Smurfit Kappa strikes $11 billion WestRock deal to create packaging leader

Ireland’s Smurfit Kappa is buying U.S. rival WestRock for an agreed $11 billion to create the world’s biggest paper and packaging company and try to better […]
August 18, 2023

Paper Excellence Canada permanently curtails Catalyst Paper Tiskwat

  Paper Excellence Canada announced today the permanent curtailment of Catalyst Paper tiskwat, its paper mill in Powell River, BC. “It was a difficult decision to […]
August 9, 2023

Vida CEO appointed president of Canfor Europe

Vida is Sweden’s largest sawmill group with, among other things, 12 sawmills. Since 2019, the Canadian company Canfor has owned 70% of the shares in Vida. […]
August 4, 2023

Sustana combines with Hanna Paper to make the leading high-grade paper recovery company in North America

Sustana, a sustainable fiber and paper industry leader, announced today that it has completed a transaction with Hanna Paper, one of the largest high-grade paper recycling companies […]
August 3, 2023

Resolute finalises sale of Thunder Bay mill

Atlas Holdings adds another pulp and paper company to its portfolio of investments. Resolute Forest Products (Resolute), a subsidiary of Domtar Corporation and part of the […]
August 2, 2023

Canfor reports operating loss of $67 million

Canfor Corporation recently reported its second quarter of 2023 results. Q2 2023 operating loss of $67 million including a $57 million reversal of a previously recognized […]
August 2, 2023

Weak demand and lower selling prices put some pressure on UPM’s results

President and CEO Jussi Pessonen said markets had contracted rapidly and sharply and the company had sold far less than projected end demand would have led […]
August 1, 2023

Accursia Capital makes binding offer for Ahlstrom Stenay mill

Specialty paper and materials manufacturer Ahlstrom intends to close or sell the loss-making French site in Stenay. After a search and exploratory process lasting several months, […]