|
|
Rengo Co., Ltd. announces that its consolidated subsidiary, Tri-Wall Limited, has acquired a 25% equity interest in Concept Packaging Group LLC, through Tri-Wall's wholly owned subsidiary.
Paper and pulp company Arctic Paper has contracted Hekotek to supply a complex Pellets factory within its BIO-25 project.
Rayonier Inc. has released its 2023 Sustainability Report, which highlights the actions the company is taking to enhance the long-term sustainability of its land resources as well as the long-term well-being of its investors, employees, communities, and other stakeholders. This report illustrates Rayonier's ongoing commitment to transparency around Environmental, Social, and Governance (ESG) factors and how they are incorporated into its strategic and operational decision-making.
UPM today held a Capital Markets Day in London, United Kingdom. Under the theme 'From transformation to growth', Massimo Reynaudo, President and CEO of UPM, and the other members of the Group Executive Team provided an update on the next phase of UPM's strategy to accelerate growth across its strong business portfolio of renewable fibres, advanced materials and decarbonisation solutions.
The company said that during July, severe weather conditions led to modestly reduced production at two paperboard manufacturing facilities. In August, an electrical substation was damaged at a third facility, resulting in additional disruption, lost production, and restart costs.
In 2023, the American Forest & Paper Association (AF&PA) honored International Paper with a Leadership in Sustainability Award for Resilient U.S. Forests.
The company insists that this increase is driven by market dynamics, cost inflation, and other economic drivers.
UPM Raflatac, a global supplier of innovative and sustainable self-adhesive paper and film products, has recently earned APR Design® for Recyclability Recognition for its clear and white polypropylene (PP) labels with hotmelt, UPM Raflatac SmartCircleTM wash-off adhesive, and general-purpose acrylic adhesives.
TotalEnergies has committed $100 million to preserving American forests through a groundbreaking agreement with Anew Climate, a North American leader in climate solutions, and Aurora Sustainable Lands, a U.S. carbon-stewardship company.
Specialty paper manufacturer presents solutions at PRINTING UNITED 2024 as consistent demonstration of the brand promise PAPER MADE FOR LIFE .
APRIL, a member of the RGE group of companies, announced that it has invested more than Rp100 trillion (approximately US$6.4 billion) in transforming Pangkalan Kerinci from a small village in Pelalawan regency, Riau, into a thriving industrial complex.
Nature has rapidly risen in the global sustainability agenda and is soon, if not already now, sharing the top place with climate. This new focus is driving businesses to recognize their deep economic dependence on natural resources, with over half of the global GDP--around $44 trillion--moderately or highly reliant on nature.
Pactiv Evergreen Inc., a leading manufacturer of fresh food and beverage packaging in North America, is excited to launch innovative Recycleware® Reduced-Density Polypropylene (RDPP) meat trays. Pactiv Evergreen's Recycleware RDPP meat trays are the perfect solution for packer processors seeking alternatives to foam polystyrene.
The Supervisory Board of Heinzel Holding GmbH announces the appointment of Karl Achleitner as Chief Operating Officer (COO) of Heinzel Holding, effective September 2, 2024. Achleitner will join the top management team of Heinzel Group, alongside CEO Sebastian Heinzel.
The bond matures in August 2034 and pays a fixed annual coupon of 3.375% and is rated BBB+ by S&P Global Ratings.
Net income decreased 3.5% to $87.1 million or $1.50 per diluted Class A share compared to net income of $90.3 million or $1.55 per diluted Class A share.
Cascades announces the unveiling of a fresco painted on its Candiac plant. The project, part of the company's 60th anniversary celebrations, was conceived and produced by the TYXNA artists' collective.
The quarterly dividend of $1.25 per share will be paid to shareholders of record as of September 16, 2024 with a payment date of October 15, 2024.
Metsä Group's production units annually generate around 12 million tonnes of wood-based carbon dioxide, and the company is increasingly focusing on promoting its large-scale capture.
Greif, Inc., a global leader in industrial packaging products and services, announced that its Board of Directors has declared quarterly cash dividends of $0.54 per share on its Class A Common Stock, and $0.81 per share on its Class B Common Stock.
Packaging paper manufacturer Sappi Europe is expanding its broad portfolio by adding new products such as Guard ICC, a flexible packaging paper for ice cream cones, Guard OHS a barrier and heat sealable paper for various food and non-food packaging applications and Guard Twist Gloss, a glossy, recyclable wax free barrier paper for twisting applications in the confectionary market.
In the Q2 2024, the Mayr-Melnhof Group (MM Group) was able to improve results compared to the previous quarter and exceeded the previous year's figure.
EcoVadis has awarded UPM a platinum score based on the company's sustainability performance in four categories: Environment, Labour and Human Rights, Ethics and Sustainable Procurement. Only one percent of the 130,000 global companies assessed received a platinum rating. UPM scored 81/100 in the Manufacture of Pulp, Paper, and Paperboard industry.
Nearly 10,000 Canadian rail workers will end their work stoppage after the Canada Industrial Relations Board sided with a federal order to resume operations at Canadian Pacific Kansas City and Canadian National Railway. The board also imposed binding arbitration to reach new collective agreements between the rail companies and the Teamsters Canada Rail Conference, the union representing the workers.
UPM Fibres renews its organisation by centralising its production operations in Finland under one top level organisation. The change will simplify the Fibres Business Area structure.
|
|
|
|
