Neenah, Inc. announced that on November 19, 2020, its Board of Directors renewed the Company’s share repurchase plan for up to $25 million of its outstanding common stock effective January 2021. The current share repurchase plan remains in effect through December 31, 2020. Purchases by the Company under the program would be made from time to time in the open market or in privately negotiated transactions in accordance with the requirements of applicable law. The timing and amount of any purchases will depend on share price, market conditions and other factors. The program does not require the Company to purchase any specific number of shares and may be suspended or discontinued at any time.

Monadnock Paper Mills, Inc., the oldest continuously operating paper mill in the United States, is pleased to announce that it has earned a gold rating in the EcoVadis Corporate Social Responsibility (CSR) assessment. This achievement places the company in the top eight percent of the 90,000 companies ranked by EcoVadis. The company has achieved a 30% increase in its performance level since earning a silver rating in its assessment in 2015. Monadnock is FSC® (Forest Stewardship Council®) certified (FSC C018866) ensuring that the fiber it sources comes from responsibly managed forests and recycling facilities that meet the highest environmental and social standards. Its products are manufactured carbon neutral, and they use 100% renewable Green-e certified wind-powered electricity, all under a third-party certified ISO 14001 Environmental Management System.

Stora Enso has decided to commence a feasibility study and environmental permit application process on enhancing and expanding the pulp- and board-making capabilities at its Skoghall Mill in Sweden. The investment would leverage the already strong mill into an integrated, highly cost-competitive and environmentally-friendly producer of packaging board and bleached softwood market pulp. The investment would serve customers globally and further establish Stora Enso as a provider of high-quality, renewable packaging materials. The feasibility study will evaluate a possible upgrade and expansion of existing integrated pulp capacity from 370 000 tonnes to 780 000 tonnes annually and a possible increase of 120 000 tonnes in board capacity. After the investment, the mill would be integrated close to 100%, with an additional 220 000 tonnes of softwood market pulp. This would enable a further increase in cost-competitive board production. The project would also significantly lower the fossil CO2 emissions of production. The findings of a recently completed pre-feasibility study supported continuation of the investment process.