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Saica to invest €101.5M to decarbonize recycled paper process at El Burgo de Ebro mill in Zaragoza, Spain; projects--which include new biomass energy plant, biogas boiler--aim to reduce 53% of Scope 1 CO2 emissions, will also generate 440 jobs

National Bank maintains Cascades at sector perform, cuts target C$2.50 to C$13.50; benchmark linerboard index's response to US$70/ton hike announced by major players in January remains uninspiring, reflecting US$40/ton in February, stalling out in March

Heinzel's Raubling Papier containerboard mill in Germany may shut down amid challenging market conditions; mill management has entered discussions for 165 employees potentially affected, and Heinzel's 2023 results include an impairment for the plant

Model Group postpones start-up of new containerboard machine at Eilenburg, Germany, to early or mid-June from original planned start-up this month; 600,000 tpy-capacity PM will produce corrugating medium and testliner in grammages between 70-120 gsm

DS Smith delays start-up of new recycled containerboard machine at Porcari mill in Italy, citing logistics, delivery issues, with start-up postponed to end of 2025 from mid-2025; new PM will have capacity of 450,000 tpy of testliner, corrugating medium

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