Economy & Financial Reports

Roberts will succeed Larry Montague, who is set to retire at the end of the year after 19 years of distinguished leadership.

The company also announced plans to optimize its assets and invest in high-growth areas as part of its strategy for sustainable expansion.

The goal is to provide a better outcome for all stakeholders, especially creditors, than immediate liquidation.

Dow management attributed the segment’s weakness to lower finished product prices.

Stora Enso warned of ongoing weakness in packaging and pulp markets amid subdued consumer demand and flat or declining prices.

Net sales climbed to US$2.31 billion, compared with US$2.18 billion in 2024.

The company adjusted its full-year 2025 guidance, now expecting adjusted diluted EPS between US$5.65 and US$5.75.

Organic sales fell by 1.9% due to deflationary price pressures.

The move centralizes MCC’s executive leadership and other area-based teams.

PCA noted on its Q2 2025 earnings call in July that it was experiencing lower demand, which resulted in reduced containerboard production.