Paper

GF Smith's Haslam steps down with paean to paper
GF Smith managing director John Haslam is retiring after 38 years at the high-end paper specialist.

UPM Fibres begins consultations on potential temporary layoffs
UPM Fibres has started consultations with employee representatives at its Kaukas pulp mill, sawmill, and wood reception in Finland to prepare for “possible temporary production adjustment” to address...

Fedrigoni brings top stocks to label market with new range
Italian specialty paper manufacturer Fedrigoni has released a new collection of premium self-adhesive label papers, the Sheets Exclusive Collection, alongside new packaging stocks.

UPM reins back expectations for 2023
UPM has issued a profit warning and has lowered its forecasts for this year.

Lecta revenue and EBITDA soars
Lecta has reported bumper increases in revenue and EBITDA for 2022 and turned a pre-tax loss last year into a pre-tax profit.

Arjo brand deals revealed
Antalis snapped up the Arjowiggins brands and stock for a seven-figure sum, Printweek can reveal.

Transcend secures £8m investment from Japan
Transcend Packaging has secured a $10m (£8m) investment from Japanese moulded fibre pioneer Itochu.

Stora Enso lowers guidance due to market uncertainty
Stora Enso has revised its guidance for 2023 and said its operational EBIT is now expected to be “significantly lower” than for 2022 due to the worsening outlook.

DS Smith schedules upgrade to Viana mill
DS Smith has revealed that it will be investing €145m (£128m) in an upgrade programme for its kraft paper mill near Viana, Portugal.

Jobs to go as James Cropper cuts paper production
A revamp at James Cropper aimed at accelerating growth at the business will also involve a significant scaling back of production at its Paper wing as the group focuses on value rather than volume.