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Leading global packaging and paper group Mondi and Tesco Central Europe have launched a new partnership, in which Mondi will purchase the retailer's warehouse corrugated waste to create recycled paper for the retailers' shopping bags. Tesco is working towards a net zero emission goal, in line with its sustainability targets to remove, reduce, reuse and recycle wherever possible and Mondi is able to contribute to this vision with its customer-centric approach, EcoSolutions.

Metsä Group's innovation company Metsä Spring Ltd has made an equity investment in Montinutra Ltd, a startup converting forest industry side streams into high-value bioactive products. The financing round totals approximately EUR 1 million, and Metsä Spring is participating in the round with current and new private investors.

Rayonier Inc. released its first Carbon Report detailing the positive net carbon impact generated by the Company's forestry operations.

Fortune's World's Most Admired Companies list is the definitive report card on corporate reputations. Executives, directors and analysts rate companies in their own industry on nine attributes considered critical to a company's global success. In the current survey, Sonoco ranked second overall in the Packaging/Container industry.

UPM's goal is to develop, encourage and reward every employee in their work. UPM paid a total of EUR 51 million as short-term incentives to employees in 2020. The incentives were paid for the good 2019 results and for personal success in one's own work. The figures are outlined in the Annual Report that was published today. Over the last five years, UPM has paid nearly EUR 300 million in incentives to its employees.

Neenah, Inc. announced the signing of a definitive agreement to acquire Global Release Liners, S.L., the parent company of Industrias de Transformacion de Andoain, S.A. ("ITASA"), from Magnum Capital and other minority shareholders for €205 million in cash. Closing is expected to occur in early April and is subject to customary conditions.

We are delighted to be speaking at/sponsoring the 2021 virtual International SAP Conference for Forest Products, Paper and Packaging. During three days of dynamic content, you will have an opportunity to meet with the industry's largest players, get hands-on with the latest innovation from SAP and discuss how your organisation can look towards the future and drive digital evolution.

UFP Industries, Inc. announced that one of its wholly owned subsidiaries, The UBEECO Group, has acquired the assets of J.C. Gilmore Pty Ltd. This transaction adds a wide portfolio of protective packaging to the industrial packaging products offered by UBEECO and its sister company, Integra Packaging, and expands the companies' customer base throughout Australia.

WestRock Company announced that Steven C. Voorhees has decided to step down from his position as president and chief executive officer and a director of the Company for health reasons, effective March 15, 2021. In addition, the Company's Board of Directors announced that, following a comprehensive search as part of the Company's long-term succession processes, it has elected David B. Sewell to succeed Voorhees as WestRock's president and chief executive officer at that time.