Paper & Pulp Mills
Smurfit Westrock posts $1.14 billion quarterly EBITDA, closes UK mill and eight converting plants Smurfit Westrock reported second-quarter net sales of $8.03 billion, net income of $88 million and adjusted EBITDA of $1,140 million (14.2% margin), with CEO Tony Smurfit citing strong paper demand and "a generally excellent supply/demand backdrop." Capacity actions include closing one mill in the UK and eight additional converting facilities across Europe and North America; full-year adjusted EBITDA guidance stands at $4.9-5.1 billion. Source: PaperAge
Forestry & Timber
West Fraser returns to positive EBITDA as Henderson sawmill ramps up West Fraser reported second-quarter sales of $1.434 billion and a narrowed net loss of $61 million, with adjusted EBITDA swinging to positive $59 million from negative $66 million in Q1; all three core segments were EBITDA-positive, led by Lumber at $41 million. The rebuilt Henderson, Texas sawmill more than doubled production versus Q1, the wind-down of the High Level, Alberta OSB mill was completed, and the company reaffirmed 2026 lumber shipment guidance of 2.4-2.7 billion board feet while holding its $0.32 quarterly dividend; an analyst call is set for July 30. Sources: West Fraser · StockTitan