Essity announced that Sahil Tesfu will join Essity's Executive Management Team in the newly created position Senior Vice President Group Function Strategy & Business Development.
In the context of the upcoming World Environment Day, and following a year of work and consultations with stakeholders, Cascades, the 17th most sustainable company in the world according to Global 100, is pleased to launch its fourth Sustainability Action Plan, the most ambitious in its history: "Driving Positive Change".
International Paper Company has completed the sale of its 90.38% shareholdings interest in Olmuksan International Paper to Mondi Group for roughly €66 million ($81 million). This Olmuksan business includes five corrugated packaging facilities in Turkey, with an annual converting capacity of three hundred thousand tons.
Lenzing Group is continuing to make great strides toward achieving carbon neutrality across the Group. The successful completion and commissioning of an air purification and sulfur recovery plant at the Lenzing facility marks another milestone in the Group's strategy. Lenzing has invested some Euro 40 million in this project since construction began in 2019.
The Conservation Fund purchased the land along the Altamaha River in Long County from the forest products company Rayonier, the nonprofit said in a news release.
Port Hawkesbury Paper (PHP) has announced the successful transition of its Forest Stewardship Council (FSC) Maritime certification to the new FSC national standard for responsible forest management in Canada.
Further to the announcement on February 16, 2021, that the hygiene and health company Essity had entered an agreement to acquire the remaining 63.8% of the shares in the Australian hygiene company Asaleo Care, Essity today notes the announcement by Asaleo Care, that the company's shareholders voted in favor of accepting Essity's offer.
Red Leaf Pulp Ltd., developer of a proprietary wheat straw-based pulp mill, announced the Company will locate its initial facility in Regina, Saskatchewan. The Company has secured properties on the west side of the City of Regina and will commence construction of the $350 Million facility in early 2022.
Smurfit Kappa has announced an investment of €11.5 million in its Zülpich paper mill in Germany, which produces approximately 500,000 tonnes of paper annually.
The cause of a fire last week at the idled Verso paper mill in Wisconsin Rapids is still under investigation, but company leaders say they do not anticipate it will affect "any future plans or options for the mill."
Andritz has received an order from Nine Dragons Paper Industries to supply two chemi-thermomechanical pulping systems for their mills in China. The start-ups are scheduled for spring and summer 2022.
