JELD-WEN Holding, Inc. announced Julie C. Albrecht will join JELD-WEN as executive vice president and CFO, effective July 18, 2022. Albrecht joins JELD-WEN from Sonoco.
The list recognizes U.S.-based corporations that champion women's advancement in leadership roles, with a focus on succession planning, gender pay parity, benefits programs and flexible work policies.
Patent-pending Fry Cartons are made from Pactiv Evergreen's Sentinel™ Paperboard, providing a fully integrated packaging solution to foodservice operators
The first HolyGrail 2.0 sorting prototype was successfully validated in March this year following semi-industrial trials, using NIR and digital watermarks detection to sort packaging waste with a 99 percent detection rate and the potential to develop new, more granular post-consumer recycling streams.
Stora Enso is leasing the former paper machinery hall at its Veitsiluoto site in Finland to the textile technology company Infinited Fiber Company, which plans to build a commercial-scale factory to produce regenerated textile fiber from textile waste. Earlier this month Stora Enso sold its district heating business at Veitsiluoto to utility infrastructure company Nevel, a provider of advanced industrial and municipal infrastructure solutions.
Kruger Products officially inaugurated its Sherbrooke Tissue Plant, which was commissioned in 2021, and also broke ground at its expansion project where another tissue plant will be built on a site adjacent to the Sherbrooke Plant by 2024.
Upon close, the new company name will be Mativ, Inc. ("Mativ") and its shares will begin trading on the NYSE under the ticker symbol "MATV." The "SWM" and "NP" ticker symbols will be deactivated.
The transaction comprises the UPM Steyrermühl site with approx. 400 employees, including the newsprint paper machine with an annual capacity of 320,000 tonnes and the Steyrermühl sawmill operations with an annual timber capacity of 370,000 cubic meters. The parties have agreed not to disclose the value of the deal.
