The Company intends to use the proceeds from the offering to redeem all of its outstanding US$206 million aggregate principal amount of 5.125% Senior Notes due January 15, 2026, to repay a portion of the borrowings outstanding under its revolving credit facility and to pay related transaction fees and expenses.
Graphic Packaging Holding Company announced that Alessandro Maselli has joined its Board of Directors. Mr. Maselli is currently President and Chief Executive Officer of Catalent Pharma Solutions and a member of its Board.
This collaboration is a heartfelt tribute to our furry four-legged friends by providing an eco-friendly packaging solution that ensures both pet health and environmental responsibility.
Stora Enso has been awarded with the Red Dot Design Award for the scalable and recyclable gift packaging portfolio for a range of Marimekko's products. The first boxes were launched in May 2024.
West Fraser Timber Co. Ltd. has released its 2024 Sustainability Report, Building Together: People and Partnerships. The report highlights the Company's sustainability performance across a variety of environmental, social, and governance goals and disclosed targets.
Following extended technical, commercial and strategic evaluations UPM plans to discontinue the development of its potential second biomass-to-fuels refinery at the Port of Rotterdam. As a result, UPM plans to halt all engineering work related to the CAPEX investment in Rotterdam and to withdraw from all site-related commitments associated with the Rotterdam investment.
Andritz delivered and started up the torrefaction reactor for one of Europe's largest industrial torrefaction plants, developed by Joensuu Biocoal Oy and operated by Taaleri in Finland.
