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.
The board has elected to suspend dividends until at least September 2026 to retain earnings and support the new strategy.
Currency fluctuations have negatively impacted the company’s results.
Based on a trading update, Mondi PLC announced a prolonged demand slump, causing its shares to fall to their lowest price since 2013
Dow will close its 94,000 tonnes/year polyether polyols plant in Tertre, Belgium, by the end of Q1 2026.