Recent Articles

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.

Specialty paper manufacturer presents solutions at PRINTING UNITED 2024 as consistent demonstration of the brand promise PAPER MADE FOR LIFE.

The bond matures in August 2034 and pays a fixed annual coupon of 3.375% and is rated BBB+ by S&P Global Ratings.

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.

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.

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.

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.

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.

Sappi North America Inc., a leading producer and supplier of diversified paper, packaging products and pulp, today announced its recognition with Communitas Awards for three exceptional projects: "The Power of Trees" campaign; the Cloquet Water Savings Project; and the Somerset Mill Safety Record. These awards highlight Sappi's ongoing commitment to sustainability, innovation and workplace safety.

Amcor, a global leader in developing and producing responsible packaging solutions, announced the publication of its Decarbonization Roadmap to reduce greenhouse gas (GHG) emissions. Amcor's targets are aligned with the latest climate science aiming to limit global temperature rise to 1.5 degrees Celsius and validated by the Science-Based Targets initiative (SBTi).

Stora Enso, a leading global provider of renewable solutions for packaging, paper, and biomaterials, has announced a strategic partnership with Enkei, a Swedish design startup committed to creating sustainable products.

Vattenfall and the newly established industrial collaboration Industrikraft, which currently consists of Alfa Laval, Boliden, SKF, Stora Enso and the Volvo Group, will work together to investigate the conditions for joint investments in new electricity production.

Healthy forests are essential to a healthy future for our planet: they mitigate climate change through carbon sequestration, clean our water and provide habitat that wildlife populations need to thrive. With more than 1.6 billion people reliant on them for their livelihoods, forests also deliver substantial economic benefits. And at International Paper, forests are at the heart of everything we do.

Hygiene and health company Essity's targets to reach net zero greenhouse gas emissions by 2050 have been validated by Science Based Targets initiative (SBTi). The validation applies to all near- and long-term targets in Scope 1, 2, and 3. The roadmap has been developed as part of the U.N. Global Compact's "Business Ambition for 1.5°C".

Cascades Inc. is the proud recipient of five awards recognizing the excellence of its employees and its sustainability efforts: four of the company's young leaders were named in Pulp & Paper Canada's 2024 Top 10 Under 40, and its innovative packaging solution, Cascades Fresh GUARD EnVisionTM, won a Canadian Grocer's 2024 Impact Award in the Sustainability category.

Sofidel has been named a finalist in the Global CSR & ESG Initiative category for Ragan's CSR & Diversity Awards, recognized for its "Sofidel and Suzano for 'Together we plant the future'" campaign. This project, in collaboration with Suzano, reflects Sofidel's efforts to support environmental sustainability and social development. The recognition highlights the company's focus on meaningful global partnerships that contribute to positive change within the community and workplace.

Sustainable packaging company DS Smith has teamed up with home appliance company Versuni to launch a packaging solution for the new Philips Baristina coffee machine.

The ESG report outlines the company's Better, Every Day sustainability strategy and plans for achieving its new Better by 2030 sustainability goals designed to drive more circularity in its innovative paperboard consumer packaging, support a safe and inclusive culture, and protect environmental resources.

In a recent announcement from NOAA Research, it states that the NOAA is testing next-generation wildfire detection and warning tools.

Reported insider trading since the last issue of PaperMoney.

Johanna Lindén will assume the role of CFO at the wood industry company Setra on 16 September. She has extensive experience in the wood industry and most recently held the position of CFO, Strategy and IT Manager at Södra Wood.

Port Hawkesbury Paper, involved in paper manufacturing in North America, announces the hiring of Eric Huard as the Director of Specialty Sales.

Wilson Lumber appoints Ryan McAnally as new Marketing and Communications Manager. McAnally's digital marketing background and experience with family-owned businesses will help drive engagement, success, and retention.

The Paper Excellence Group announced that it has appointed Luc Theriault to president of its Wood Products business unit. The appointment is effective August 26, 2024.

First Quality Tissue is pleased to announce another major expansion initiative. The expansion includes a commitment to install two new state-of-the-art Thru-Air-Dried (TAD) paper machines with associated converting facilities at a new location to be announced in the near future. The company estimates the first paper machine to be operational in 2027; with the second machine coming online approximately eighteen months thereafter.