Paper

UPM confirms paper machine closures
UPM has permanently closed paper machine 6 at its Schongau site in Germany and paper machine 4 at Steyrermühl in Austria, taking out 485,000 tonnes of graphic paper capacity in Europe.

Antalis appoints new managing director
Antalis UKI has appointed Nicholas Thompson as its new managing director, due to take up the post following current MD David Hunter’s retirement in July 2023.

Pulp sector antitrust investigation closed
The European Commission has decided to close its antitrust investigation into potential anticompetitive practices in the wood pulp sector.

Denmaur secures science-based first
Denmaur Independent Papers claims to have become the first national paper and board merchant to have a science-based target validated by the Science Based Targets initiative (SBTi).

Lecta to cease CWF production at Condat
Lecta is set to cease production on PM4 at its Condat mill due to “the strong decline in the graphic paper market”.

Stora Enso restructure to cut 1,150 jobs
Stora Enso is planning a restructure that, combined with previously initiated negotiations in its Packaging Materials division, would result in around 1,150 job losses.

James Cropper CFO resigns
James Cropper's chief financial officer (CFO) has resigned from her role and also from the company’s board with immediate effect.

Print’s reputation rebounds in Europe
Consumers’ opinion of printed products has risen in Europe after a pandemic slump, according to research.

Stora Enso completes negotiations at Anjalankoski
Stora Enso has completed the negotiations regarding the consolidation of its book paper production and the permanent closure of one of the two paper machines at its Anjalankoski site in Finland.

Mondi withdraws from Russian Syktyvkar sale
Mondi is withdrawing from the agreement to sell its biggest operation in Russia, Mondi Syktyvkar, together with two affiliated entities, to Augment Investments.