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Metsä Group reported second-quarter 2026 EBITDA of €117 million, up from €60 million in the corresponding period a year earlier. Comparable operating profit improved to a loss of €3 million from a loss of €37 million, the company said. CEO Jussi Vanhanen said a €300 million cost-saving programme launched a year ago had exceeded expectations, and that the group now expected to significantly surpass its original target by the end of 2027. Demand for market pulp remained muted in Europe and China, while the market-driven shutdown of the Joutseno pulp mill continued throughout the quarter.…
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Progroup is maintaining its plan to build a new containerboard machine at the former Sappi site in Stockstadt, Germany. The company says commissioning could be delayed because of the challenging economic environment.…
Firefighters in Tallahassee, Florida, extinguished a fire involving a large pile of cardboard near Marpan Recycling. The Tallahassee Fire Department received the call shortly before 5 a.m., according to the supplied report. Responding crews found the burning material outside the facility, near a building.…
Central National Gottesman Inc. (CNG) said its Lindenmeyr Munroe division will acquire the business of Omaha Paper Company, a Nebraska-based distributor. The company, which recently rebranded as OPC Direct, distributes paper, packaging materials and equipment, wide-format products and JanSan…
Valmet has received an order to supply a complete board-making line to an unnamed customer in Asia. The reported scope includes stock preparation and a board machine running from the headboxes through to the reel and winders. Valmet says the line is intended to produce coated board.…