The deal brings a Longview, Washington mill that makes lightweight recycled packaging papers into International Paper and expands the company's West Coast service capabilities.

15-year fixed rate fell to 5.79%; both rates were below their levels a year earlier

Exports of bleached hardwood kraft pulp from Chile gained 4%.

Price for bleached softwood kraft pulp exported from Chile lost 8%.

Price for bleached hardwood kraft pulp exported from Brazil gained 1.3%.

Exports of plywood from Brazil lost 5%.

Price for lumber exported from Brazil gained 1.8%.

Price for plywood exported from Chile rose 1.2%.

Price for lumber exported from Chile decreased 9%.

Funding will support low-carbon wood technologies, mass timber housing, Indigenous participation and export diversification while ministers review Task Force recommendations

The project will replace the site's last third-party control system with a web-based distributed control system, include a DNAe historian and HIMA-based safety systems, and the customer will take over delivery in the first quarter of 2027.

The firm will design wooden structures, while Hill International will consolidate project management.

He will join the Group Executive Team, report to President and CEO Massimo Reynaudo and be based in Helsinki after serving as CEO of Coolbrook since 2022.

Compared with the previous month, production was up 13%.

Compared with the previous month, production was up 13%.

Company commits to modernization and decarbonisation across 50 sites as past five-year spending exceeds Euro 500 million.