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Arctic Paper subsidiaries, Arctic Paper Grycksbo AB and Arctic Paper Munkedal AB, have terminated their agreements with S.E.R. Sverige AB regarding the installation and grid connection of battery energy storage systems, the company announced. Arctic Paper now plans to continue the project with a new partner.
Lecta is pleased to announce that its Leitza mill in Spain has obtained FSSC 22000 food safety systems certification for its metallized papers for packaging applications in the food industry.
Rayonier Inc. announced that it has entered into an underground pore space easement agreement with an affiliate of Reliant Carbon Capture & Storage covering approximately 104,000 acres in Alabama.
Rottneros has entered into a new loan agreement with Danske Bank and Svensk Exportkredit whereby the existing long-term facilities will be refinanced. The new facilities amount to a total of 550 MSEK divided into term loan facilities of 400 MSEK in total and a revolving credit facility of up to 150 MSEK.
If the Order Sought is granted by the AMF, Smurfit Westrock will cease to be a reporting issuer in the Canadian Jurisdictions and, as a result, will no longer be subject to continuous disclosure requirements under Canadian securities legislation.
Metsäliitto Cooperative has signed a new EUR 200 million sustainability-linked revolving credit facility with a syndicate of eight banks. This new credit facility refinances the existing EUR 200 million facility signed in December 2018 and will be used for general corporate purposes. The facility has a tenor of five years and includes two one-year extension options.
Statkraft and Norske Skog Skogn have entered into a 3-year industrial power agreement for the supply of approximately 1 TWh (40 MW) during the period 2027-2029 to the company's paper mill in Skogn (Norway). Together with previous contracts, the agreement secures a significant portion of the mill's power supply at competitive terms through 2030.
Mayr-Melnhof Karton AG (MM) has agreed with Evergreen Hill Enterprise, Pte. Ltd., part of an Indonesian-based privately held group of diversified companies, on the sale of 100 % of the shares in TANN Group, headquartered in Traun, Austria, for a cash and debt-free enterprise value of EUR 360 million.
For the third year in a row, MSCI awarded Huhtamaki an 'A' (on a scale of AAA-CCC) in its annual assessment. Maintaining our rating is fundamentally important for us and reflects our top-of-industry governance practices as well as our continuous work to produce more sustainable packaging through e.g. using renewable energy sources.
The Södra Foundation for Research, Development and Education has granted a total of SEK 12.5 million this year to 11 different research projects that, in a significant way, will promote the development of both forestry and forest industry operations.
Norwegian company Wilfa and sustainable materials company Stora Enso have developed a wood-based packaging solution for the ProBaker kitchen mixer.
Essity has received information that a minority of investors, in some of its Luxembourg-listed bond series, have initiated proceedings in English court.
Tetra Pak has received the 'Resource Efficiency' Award at the Sustainable Packaging News Awards 2024, for its paper-based barrier material innovation. The awards recognise the most innovative advancements in sustainable packaging over the past year.
Year in giving reflects continued commitment to housing initiatives, environmental stewardship, and workforce development.
Hundreds of Custom Grades of Astrolite® Developed to Meet Unique Market Demands to Date.
This strategic alliance underscores Sonoco's commitment to environmental stewardship and social responsibility, aligning with PSC's mission to advance sustainability in the global pet industry.
Metsä Group introduces voluntary nature compensation measures in its environmental deviations. Part of regenerative forestry, nature compensation overcompensates the harm to nature resulting from any legal violations.
The Board of Directors of Stora Enso Oyj has resolved to establish two new share-based incentive plans for the key employees of the Group and its subsidiaries. Stora Enso's goal is to offer remuneration that motivates, encourages, attracts, and retains top-tier employees. The Group carefully aligns remuneration elements with its strategy and long-term financial interests.
DS Smith's Reading, PA recycling infrastructure supports a circular system in the U.S., as American Forest & Paper Association trends point to increasing recycling rates over past years.
SBTi approval reaffirms Lecta's commitment to decarbonization and climate change mitigation.
Södra and Nordic Forestry Automation AB have signed a letter of intent to roll out operator support for thinning carried out under Södra's supervision. The system will also be able to collect data for each individual tree for future planning and analysis. Roll out and installations are scheduled to start in the second half of 2025.
Mondi is partnering with Dobis to enhance the efficiency of producing sustainable paper shopping bags for the fashion, fast food, and retail sectors.
Greif, Inc., a global leader in industrial packaging products and services, announced at the Pack-Expo conference in Chicago the launch of ModCan™, an innovative modular packaging solution designed to improve efficiency and safety in shipping and storing dissimilar materials and waste.
The carbon dioxide generated by pulp mills is a valuable, largely untapped side stream that could be captured and used as a raw material for products replacing fossil-based materials and fuels as the technology and markets develop.
Woodspin Oy, the producer and seller of the sustainable wood-based SPINNOVA® fibre and the global sports brand PUMA SE have signed a Letter of Intent (LOI) to secure access to fibre volumes for several years. Woodspin is a joint venture company of Spinnova and Suzano.
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