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Showing 11 articles from August 1, 2024.

People in the News

AF&PA President and CEO Heidi Brock elected ICFPA President

The International Council of Forest and Paper Associations (ICFPA) announced Ms. Heidi Brock, President and CEO of the American Forest & Paper Association (AF&PA), as its new President.

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Paperitalo Point of View

Corruption, Honesty, and Who to Trust?
Corruption, Honesty, and Who to Trust?

Most people have at least some idea of when they're being deceived, but I know one person who is clueless. This individual absolutely cannot tell when people twist the truth or outright lie to them. I also know people who have been snookered by various smooth talkers, when there were "tells" ahead of time - early warning signs, showing the individual was not overwhelmingly trustworthy. So I've compiled a (very) short list of these simple "tells" which help show who is more worthy of your trust than others.

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Jim's Articles

Week of 5 August 2024: It is August, time for Pulp Rats
Week of 5 August 2024: It is August, time for Pulp Rats

By Fos, the Rat: Once again, I am interviewing Mr. Jim at the Pulp Rats' Convention. This year the convention is being held in the deep south.

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Industry News

Essity spearheads menstrual health in partnership with the World Economic Forum
Essity spearheads menstrual health in partnership with the World Economic Forum

As a member of the Forum's Global Alliance for Women's Health, Essity assumes the role of leading partner in menstrual health and as such leads the Alliance's work to measure and close the gaps in this area.

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Metsä Board to adopt updated Metsä Group's Green Finance Framework
Metsä Board to adopt updated Metsä Group's Green Finance Framework

Metsä Group, which Metsä Board is part of, has today published an updated Green Finance Framework. Metsä Group's previous Green Finance Framework is from 2019. The Framework enables the continued issuance of green debt instruments in line with the latest market practices and further integrates Metsä Group's 2030 strategic sustainability targets into financing.

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Vinda Group's FSC certification terminated due to ownership change
Vinda Group's FSC certification terminated due to ownership change

The FSC is terminating the Trademark License Agreement (TLA) of the eight certificate holders belonging to the Vinda group through a mutually agreed termination agreement. Hence, the Vinda group can no longer be associated with FSC because it was recently acquired by the Royal Golden Eagle (RGE) group. FSC disassociated from the RGE group, which includes APRIL, in August 2013.

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Leading Stories

Funds Managed by BTG Pactual Timberland Investment Group Sell Nearly 70,000 Hectares to Suzano in Mato Grosso do Sul, Brazil
Funds Managed by BTG Pactual Timberland Investment Group Sell Nearly 70,000 Hectares to Suzano in Mato Grosso do Sul, Brazil

One of the largest timberland transactions to date in Brazil, and the largest ever in the state of Mato Grosso do Sul.

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Sonoco's second quarter net sales decreased by 5 percent to $1.6 billion
Sonoco's second quarter net sales decreased by 5 percent to $1.6 billion

Sonoco Products Company reported financial results for its Q2 ended June 30, 2024. Net sales decreased 5% to $1.6 billion primarily driven by the Protective Solutions ("Protexic") divestiture, the closure of a thermoformed food packaging plant, the treatment of recycling operations as a procurement function beginning January 1, 2024 and lower selling prices; overall volumes were positive and up low single digits including the impact of acquisitions.

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Western Forest Products appoints Glen Nontell as new Chief Financial Officer
Western Forest Products appoints Glen Nontell as new Chief Financial Officer

Western Forest Products Inc. announced that Glen Nontell has been appointed Chief Financial Officer effective August 1, 2024.

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Supplier News

Valmet to acquire majority shares in Körber's subsidiary FactoryPal

Valmet and Körber have on August 1, 2024, to further strengthen the digital solution FactoryPal. FactoryPal is a unique software developed to improve shopfloor manufacturing performance and productivity.

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Voith to build a complete OCC BlueLine stock preparation plant to Adami Group in Brazil

Commissioning is scheduled for October 2025.

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