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Recent Articles

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PCA to appeal April 24 jury verdict to award US$91.8M in compensatory damages, plus prejudgment interest, to nine survivors of deadly February 2017 explosion at PCA's DeRidder containerboard mill in Louisiana; PCA, its insurers reviewing verdict, options

RBC highlights paper products news for week of May 6: Final North American pulp list prices increase in April; major containerboard producers attempt second price increase in 2024; Twin Rivers sold Pine Bluff, Arkansas, unbleached kraft paper mill

Wells Fargo sees solid support for June containerboard price hike, noting improved demand, operating rates moving into 90%+, and industry focusing on US$50 price increase; cross border M&A regains spotlight, with Suzano's reported unsolicited IP bid

International Paper says it does not comment on rumors or speculation in recent media reports, remains focused on completing its previously announced combination with DS Smith; Reuters recently reported that Suzano verbally offered to buy IP for US$15B

Truist Securities 'unsure' of strategic rationale around Suzano pursuing IP; however, IP could explore selling its fluff pulp business to Suzano, which would allow IP to dispose of highly cyclical business and focus on core US containerboard operations

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