Mondi is partnering with Ekornes, one of the Nordic region’s largest furniture producer, to introduce an innovative paper-based packaging solution for wrapping high-end mattresses, replacing the previous plastic solution.
Following intensive discussions with the works council, Feldmuehle has implemented the planned restructuring measures. Key elements of this reorganisation include adjustments to production capacities, changes to management and the shift system. The aim of these measures is to ensure better planning, greater reliability and punctuality for customers, suppliers and the company – without compromising on product quality.
To support margin recovery, Sappi Europe will start implementing price increases initially USD 60-100/to, or equivalent, on all Woodfree Coated paper grades across its export markets for deliveries from 1. October 2025. The only exception is the United States, where the company has already informed customers of its intention to pass on the full cost of applicable tariffs.
Commenting on the group’s results, Sappi Chief Executive Officer, Steve Binnie said: “The group faced a particularly challenging quarter, marked by ongoing global economic weakness and heightened uncertainty stemming from persistent trade and tariff tensions. Sales volumes were impacted by the ramp-up of the Somerset Mill PM2 project. As a consequence the group delivered Adjusted EBITDA of US$80 million.”
UPM Adhesive Materials, formerly known as UPM Raflatac, is investing in a new, state-of-the-art coating line and other facility and material handling upgrades in its label material factory in Johor Bahru, Malaysia. This investment will significantly enhance the factory’s capabilities, quality and efficiency. Additionally, it will increase annual production capacity, enabling UPM Adhesive Materials to better serve its customers and accelerate growth in the Southeast Asian market.
Feldmuehle has implemented all necessary steps to maintain business operations during the preliminary proceedings. On 01.08.2025, the insolvency proceedings under self-administration commenced as planned. As in the preliminary self-administration proceedings, the management will continue to be responsible for all operational processes, including financial management, under the supervision of the court-appointed administrator Andreas Romey.