Mondi, a global leader in packaging and paper, is investing €16 million in new technology to produce a new packaging range called FunctionalBarrier Paper Ultimate. This ultra-high barrier paper-based solution for food meets growing customer demand for sustainable packaging that contributes to a circular economy.
Sappi's certification to the SFI Fiber Sourcing Standard includes proactive measures to promote and conserve biodiversity at regional and local levels.
The hygiene and health company Essity has completed the divestment of its operations in Russia for a purchase price of approximately SEK 1.2bn on a cash and debt-free basis. Essity has thus exited Russia.
Huhtamaki is making a significant investment in its Paris, Texas facility in the U.S. The investment consists of an expansion of its manufacturing capacity as well as a consolidation of an external warehouse. The investment into production assets is approximately $30 million, and the warehouse and manufacturing facility will be leased.
Södra Ädla is a new partner of Nordic Forestry Automation (NFA). The company develops next-generation operator support systems for forest machines based on sensor technology from autonomous vehicles and AI algorithms. The investment is done together with Sveaskog and Almi Invest Syd and comprises a total of SEK 10 million.
