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The sale of Chapelle Darblay is an asset sale, and no personnel will be transferred. UPM has permanently ceased production and agreed a social plan for its employees at its Chapelle newsprint mill in Grand-Couronne, France in June 2020.
Consistent with its fiduciary duties, and in consultation with its independent financial and legal advisors, the RRD Board of Directors will carefully review and consider the Chatham proposal to determine the course of action that it believes is in the best interests of the Company and RRD shareholders. RRD shareholders do not need to take any action at this time.
The transaction is expected to be completed in early November 2021, subject to the satisfaction of the remaining customary closing conditions set forth in the acquisition agreement.
Roseburg announced that it has completed the purchase of approximately 30,000 acres of timberland in the southern United States from Forest Investment Associates (FIA).
Mondi to produce a recyclable mono-material packaging for Hau-Hau Champion, one of Finland's most popular premium dog food brands available in grocery stores, produced by Prima Pet Premium Oy, part of Vafo Group.
UPM BioMotion™ Renewable Functional Fillers (RFF) represent UPM's latest revolutionary development in sustainable solutions. They address the urgent need to reduce CO₂ emissions of rubber and plastics products by offering a truly sustainable alternative to fossil-based carbon black and precipitated silica, the dominating functional fillers used in rubber and plastic products today.
The transaction is anticipated to close following successful completion of U.S. regulatory reviews and satisfaction of customary conditions.
Suzano, the world's leading eucalyptus pulp producer and one of Latin America's largest companies, will be showcasing its new innovative fluff pulp, Eucafluff, for the first time at Index 20 in Geneva on 19th -20th October.
Cascades is pleased to announce that its fourth Sustainability Action Plan was a winner in the Medium and Large Business category of the Prix initiatives circulaires presented by Québec Circulaire.
Mercer International Inc. announces that the European Union has opened a cartel investigation into the wood pulp sector and conducted inspections of major European pulp producers including the Company's German operations. The Company is cooperating with the investigation.
Red Leaf Pulp plans to begin construction of the pulp mill in early 2022.
European Commission's competition authorities have today started an unannounced inspection at UPM's premises. The Commission has concerns that the inspected companies in the wood pulp sector may have violated EU antitrust rules that prohibit cartels and restrictive business practices. The press release by the Commission is attached to this release.
Essity is launching Cutimed Wound Navigator, a new digital solution for wound assessment. To provide patients with the right and most suitable care, the innovative mobile app records key wound characteristics, generates an assessment and helps healthcare professionals to select the appropriate wound product.
Smurfit Kappa Group plc is pleased to announce that it has now completed the acquisition of Verzuolo for a purchase price of €360 million.
Progroup is planning to build a state-of-the-art refuse-derived fuel (RDF) power plant right next to its high-tech paper mill PM3 in Sandersdorf-Brehna, Germany. It will supply a large share of the process heat and electricity for PM3 in the future.
UPM Raflatac's unprinted SmartCirle™ PE labels with acrylic and hotmelt adhesive technologies have received recognition from RecyClass.
A major new partnership between international real estate group, Lendlease, and one of the world's leading suppliers of sustainable timber, Stora Enso, is set to supercharge the use of environmentally friendly construction products in some of the world's most recognised cities.
Canfor Corporation announces our bold ambition to become a leader in sustainability, a vision that includes commitments to sustainable forestry, a stronger focus on safety, health, wellness, inclusion and diversity amongst our employees, and strengthening partnerships with Indigenous communities.
Allnorth Americas LLC (Allnorth) is pleased to announce the acquisition of Sheppard Engineering, LLC, (Sheppard Engineering), a full-service engineering consulting firm based out of Atlanta, Georgia. The agreement is effective October 1, 2021.
Pat Elliott has been appointed to the role of Chief Financial Officer (CFO) for Canfor and Canfor Pulp and will also retain his responsibilities as Senior Vice President, Sustainability.
Essity is investing in enhanced efficiency in the company´s site in Kawerau, New Zealand, including the world's first tissue machine running a fully geothermal steam drying process. Together with a reduction in pulp consumption, reduced waste and elimination of the burning of natural gas on the machine, the improvements will contribute to a reduction of carbon emissions by 23 percent from the Kawerau site.
Officials said the expansion will include the addition of a new paper machine and production line.
The companies fined were Essity México, Kimberly Clark de México and Productos Internacionales Mabe. The commission said Mabe did not fix prices on tampons, but did on diapers.
The collaboration will empower workers in food production with technology, tools and training that can help accelerate zero waste processes.
Concerns over crime in downtown Seattle escalated sharply this past week after Weyerhaeuser reportedly delayed its return to its Pioneer Square headquarters due to neighborhood safety issues.
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