West Linn Paper Coated Paper Price Increase

In a strategic move, Sustana has acquired fiber drying equipment for its De Pere, Wisconsin facility. Since its establishment, the De Pere mill has specialized in the production of wet lap fiber, with the capability of producing 450 tons per day of quality sustainable fiber. However, growth potential has long been hindered by the challenges inherent in handling a product with roughly 50% water content. Now, with the integration of dryer equipment, Sustana is poised to propel production into a new era of excellence within the recycled fiber market.

Stora Enso invests in ACDF Industrie SAS and becomes a 35% shareholder of the French wood processing company. The investment is in line with Stora Enso’s growth strategy for mass timber building elements, enabling value-added, bespoke CLT (cross-laminated timber) solutions to its long-term French partners. ACDF Industrie SAS works with all engineered wood products like CLT, Glulam and LVL (laminated veneer lumber) and manufactures them into various value-added products such as walls, floors or roof elements for residential and non-residential buildings, mainly for the French market. ​

Andrei Krés has been appointed as the new CFO of Billerud. Andrei has been the acting CFO since August 2023 and will assume the permanent role immediately. Andrei Krés joined Billerud in 2011 and has since then held several different positions within the company including Head of Group Treasury, Vice President of Group Finance and since August 2023 as acting CFO. "I am entirely confident that Andrei, with his strong financial profile and deep experience within the company, will contribute positively to our financial development as well as bring valuable expertise to the Group Management Team," says Ivar Vatne, CEO and President of Billerud.