Paper & Pulp Mills
New video shows scale of destruction at Nippon Dynawave mill in Longview Update: The Washington Department of Ecology released footage of the aftermath showing crushed vehicles, a collapsed tank and a devastated work area, and families of victims have raised concerns about prior safety issues at the facility. Source: OPB
International Paper completes $360 million acquisition of NORPAC International Paper closed its purchase of North Pacific Paper Company (NORPAC) in Longview, Washington, from One Rock Capital Partners; the mill runs three paper machines producing roughly one million tons per year of lightweight recycled packaging papers and employs about 500 people. The deal expands IP's West Coast capacity in high-performance packaging grades. Source: PaperAge
International Paper to build $225 million packaging plant in Mississippi International Paper will invest $225 million in a new sustainable packaging facility in Rankin County, Mississippi, near its existing Richland box plant, with construction starting this month and commercial operations targeted for Q4 2027. Employees from the Richland facility are expected to transition to the new site once complete. Source: PULPAPERnews
Forestry & Timber
Canada launches Forest Sector Action Plan in response to tariffs and mill closures Update: The plan also proposes a transformation fund offering loans and guarantees of $250 million to $1 billion for mill upgrades and up to $3 billion for biorefineries. Source: Wood Central
Russia weighs forest-rent freeze as nearly half of forestry firms run at a loss About 45 percent of Russian logging firms and 48 percent of wood-processing businesses operated unprofitably in 2025, according to Industry and Trade Ministry data, and the government is considering freezing forest-plot rental rates through 2028 along with a possible bankruptcy moratorium for the sector. Source: Wood Central
Wood Pellets
UK Environment Agency proposes permit change to allow carbon capture at Drax The agency issued a draft permit variation that would let Drax Power Ltd. implement carbon capture at its biomass-fired Drax Power Station, a key step for the company's BECCS ambitions; a public comment period on the draft runs through June 24. Source: Biomass Magazine