Ms. Katri Hokkanen (M.Sc. Econ) has been appointed CFO at Valmet as of August 1, 2022. She will report to President and CEO Pasi Laine. Katri Hokkanen has worked as Valmet's interim CFO since May 1, 2022.
Heinzel Holding GmbH and Paracel S.A. jointly announce that Heinzel has entered into an investment agreement to become the strategic equity investor in Paracel, an afforestation and pulp mill project in Paraguay, South America.
Rengo Co., Ltd. will install a new biomass boiler for power generation at Tonegawa Division in Japan to promote alternative fuel sources, which is one of the measures toward CO2 reduction stated as an environmental target. Scheduled to commence operation in October 2022, this will be Rengo's second biomass boiler, following the one in Yashio Mill.
Europe's largest paper packaging producer, Smurfit Kappa, expects a shortage of paper on the continent if gas rationing impacts production in the coming months, its chief executive said on Wednesday.
WestRock Company announced that it has entered into an agreement to acquire the remaining interest in Grupo Gondi for $970 million, plus the assumption of debt, representing an estimated implied enterprise value of $1.763 billion.
