ANDRITZ to deliver a complete OCC line including a reject treatment system to Indah Kiat, Indonesia

John Baird, Chairman of Canfor Pulp Products Inc. Board of Directors announced that Kevin Edgson will be leaving the role of President and Chief Executive Officer on October 31, 2024. “On behalf of the Board of Directors, I would like to thank Kevin for his significant contributions in the role of President and CEO since 2022,” said John Baird. “Kevin has worked through a number of challenges including a reduction in fibre supply in BC and fluctuating market conditions while transitioning Canfor Pulp to a smaller operational footprint. We are grateful for his leadership and appreciate his efforts to transform the company during his tenure.”

Stora Enso announced in February plans to permanently close down one paper machine 8 (PM8) and related reorganisation at the Kvarnsveden Mill in Sweden that could affect a maximum of 140 people at the mill. PM8 was permanently shut down in June, and the negotiations between central parties have now been concluded. The impact of the reorganisation and PM8 closure was mitigated through individual solutions, such as early retirement. Altogether the number of people affected will be 122. Stora Enso is convinced that through the measures taken, it is possible to improve the competitiveness of the Kvarnsveden Mill going forward. Production at Kvarnsveden Mill will continue on two lines, PM10 for improved newsprint paper and PM12 for SC papers.

As a result of the weakening world economic outlook as well as the COVID-19 related restrictive measures and their consequences, the uncertainty in UPM’s market environment continues. To ensure future competitiveness, UPM keeps taking action to decrease fixed and variable costs in its businesses and functions. UPM’s label materials business UPM Raflatac plans to simplify its organisation and increase efficiency in operations and distribution. If implemented, the plans would reduce approximately 100 positions in UPM Raflatac’s global organisation, mainly in Europe. In addition, UPM aims to increase efficiency of its global functions by reorganising and streamlining the functions’ operations in five countries. If implemented, the plans would decrease the number of positions in the functions by up to 70, mostly in Finland and in Germany.