With this expansion, VPK Group continues to build on its long-term strategy of sustainable growth with its vertically integrated business model in the paper and board packaging industry.
Adjusted EBITDA for Q1 2025 was $328 million, compared with $352 million for the same period last year and $294 million for Q4 2024.
This measure responds to significant increases in external costs driven by recent global trade policies.
The Group’s renewable packaging business will consist of four business areas: Food Service and Liquid Board, Cartonboard, Containerboard, and Packaging Solutions. The Group’s remaining businesses continue to be divided into three P&L responsible business areas: Biomaterials, Wood Products and Forest.
Price for wood chips exported from Thailand contracted 10%.
Price for wood pellets imported to Japan slipped 0.7%.
Price for lumber imported to Japan gained 5%.
The estimated sales for the overall market in February were reported at $1.92 billion. For the year-to-date period, the overall market estimated sales were $3.82 billion.
British Columbia funds more than 60 projects to remove 11,000 truckloads of forest waste.
Through this investment, Rengo will deepen the collaboration between KINKI DANBORU and neighboring plants directly managed by Rengo, contribute to the enhancement of KINKI DANBORU's business continuity planning, and further expand the Rengo Group's corrugated packaging business.
Packaging Corporation of America reported Q1 2025 net income of $204 million, or $2.26 per share, and net income of $208 million, or $2.31 per share, excluding special items.
Each voyage will carry 45,000 cubic meters of wood products.
Husqvarna Group CEO to step down from his role as CEO and Board Member as soon as a permanent successor is appointed.
The transaction will benefit Huhtamaki with additional capacity and capabilities in molded fiber packaging.
Price for lumber exported from Latvia decreased 18%.
15-year mortgage rate falls to 5.94%.