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Ilim Group comments on potential spin-off from IP

30 March 2022
|
Published in issue 13/2022
|
~ 1 min
Russian pulp and paper producer Ilim Group has commented on the announcement made by the US paper and packaging company International Paper (IP) to possibly sell its share in the joint venture. US company IP has so far held a 50...
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Newsprint at Stora Enso's Langerbrugge mill

Stora Enso plans to sell four paper mills

Newsprint at Stora Enso's Langerbrugge mill
29 March 2022
|
Published in issue 13/2022
|
Valeria Buß
|
~ 2 min
Stora Enso has announced a major strategic step. The company will part with four publication and fine  paper mills making 1.7 million t of paper. Stora Enso has initiated a sales process for a possible divestment of four paper...
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Norske Skog Bruck publicationpaper mill resumes production as gas market stabilises

21 March 2022
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Published in issue 12/2022
|
Igor Dugandzic
|
~ 1 min
Commissioning of the new waste-to-energy facility is progressing well, says Norske Skog. Norske Skog has terminated the temporary downtime at the company's newsprint and magazine paper mill in Bruck an der Mur, Austria. Norske...
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Stora Enso to divest Kvarnsveden site

Stora Enso to divest Kvarnsveden site

Stora Enso to divest Kvarnsveden site
02 March 2022
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Published in issue 9/2022
|
~ 1 min
Stora Enso has signed a letter of intent to sell the Kvarnsveden site in Sweden to battery cell producer Northvolt. Production at the site, which used to produce up to 565,000 t of SC paper and improved newsprint, was permanently...
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SCA boasts record profit following exit from publicationpaper market

16 February 2022
|
Published in issue 7/2022
|
~ 3 min
Swedish forestry group SCA (Svenska Celulosa Aktiebolaget) reports that its earnings for 2021 were the highest ever in the company’s history. The exit from publication paper production was completed at the beginning of the year,...
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Is Resolute set to part ways with its tissue business?

Is Resolute set to part ways with its tissue business?

Is Resolute set to part ways with its tissue business?
16 February 2022
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Published in issue 7/2022
|
~ 3 min
US forestry group Resolute Forest Products is considering the options for its tissue business, which it launched as recently as 2015. In its annual report for 2021, the company stated that it was exploring strategic options for...
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Pulp and sawn wood businesses boost Metsä Group’s earnings

Energy costs particularly impact tissue division

16 February 2022
|
Published in issue 7/2022
|
~ 3 min
Finnish Metsä Group posts significantly improved figures for 2021 thanks to higher prices for pulp, sawn wood and board, accompanied by strong demand in some business areas. Despite the steep increase in costs as well as the...
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SCA appoints new CFO

16 February 2022
|
Published in issue 7/2022
|
~ 1 min
Swedish forestry company SCA has appointed Andreas Ewertz as its new chief financial officer (CFO). Mr Ewertz has worked at SCA since 2017, where he has been responsible for investor relations and served as head of business...
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Norske Skog: healthy fourth quarter helps to reduce losses in the full-year 2021

09 February 2022
|
Published in issue 6/2022
|
~ 2 min
After making significant losses in the second and third quarters of 2021, Norske Skog reported strong figures for the fourth quarter with sales growth of 25 per cent and a net profit of NOK400m. The result certainly improved...
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Holmen’s wood products and energy businesses make profits grow in 2021

Paper and paperboard businesses record declines despite higher prices

02 February 2022
|
Published in issue 5/2022
|
~ 4 min
2021 was a successful year for Holmen. In spite of a shortage in input goods and logistic resources and subsequently increased prices, Holmen was able to improve its position in several segments and increase its profits to record...
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