- In August 2023, Atlas Holdings finalized its acquisition of the pulp, newsprint, and directory paper mill operations in Thunder Bay, Ontario, previously owned by Resolute FP Canada Inc. This acquisition marks a significant milestone for Atlas, as the Thunder Bay mill joins its portfolio of leading pulp and paper companies. The facility, now operating under Thunder Bay Pulp and Paper Inc., continues its legacy as a trusted employer and reliable industry player in the region
- In January 2022, Stora Enso announced a USD 40.67 million investment to enhance its fluff pulp production facility in Skutskär, Sweden. This initiative aims to improve cost efficiency and significantly reduce the site's carbon footprint, aligning with the company's sustainability goals. The upgraded facility will produce fluff pulp for healthcare applications, including baby care, adult incontinence, and feminine care products. This investment underscores Stora Enso's commitment to providing renewable and eco-friendly solutions
- In August 2021, Smurfit Kappa Group finalized an agreement to acquire the containerboard business from Burgo Group. This acquisition includes the Verzuolo Mill, a state-of-the-art facility with a capacity of 600-kilo tons of recycled containerboard. Strategically located in Northern Italy, the mill enhances Smurfit Kappa's production optimization and strengthens its ability to serve consumers in Southern Europe and related markets. This move aligns with the company's commitment to sustainability and operational excellence
- In June 2021, Mondi Group announced a significant investment to upgrade its paper mill in Kuopio, Finland. This initiative aims to boost the plant's capacity by 55 kilotons annually, addressing growing market demands. The investment focuses on modernizing key areas, including the fiber line, wood yard, paper machines, and evaporation plants. These enhancements are expected to improve operational efficiency and environmental performance, aligning with Mondi's commitment to sustainability
- In June 2021, Stora Enso revealed plans to invest millions of dollars in its Anjala-Ingerois and Nymölla pulp processing facilities. This strategic initiative aims to enhance market competitiveness and boost softwood pulp production capacity to 245 kilotons annually. The investment focuses on modernizing operations and improving environmental performance, aligning with Stora Enso's commitment to sustainability and innovation. These upgrades are expected to strengthen the company's position in the global pulp and paper industry
