Fedrigoni has taken a significant step in its sustainability journey with the official approval of its climate action targets by the Science-Based Targets Initiative (SBTi). This recognition reaffirms the company’s dedication to sustainable actions, aligning its business with global scientific consensus to combat climate change. By setting science-based targets, Fedrigoni ensures its emissions reduction strategy follows the latest climate science, contributing to the broader efforts of SBTi companies taking action against global warming.

Drytac, the leading international manufacturer of self-adhesive materials for the large-format print and signage markets, is delighted to announce the appointment of Daniel Farias as Technical Engineer with immediate effect. Based at Drytac’s specialist factory facility in North America, Daniel’s new role is to support the business with technical sales support and product management. He will also take a lead role in all aspects of quality assurance including continual improvements, technical data sheets, external audits and quality implementation. Daniel brings with him a wealth of experience and knowledge, having previously worked in a quality assurance position within the tapes and adhesives sector. In this role, Daniel implemented various new systems to improve production and workflow across the business.

Neenah, Inc. announced that it had completed the previously announced agreement to acquire Global Release Liners, S.L., the parent company of Industrias de Transformacion de Andoain, S.A. (“ITASA”), from Magnum Capital and other minority shareholders. The Company funded the purchase price of approximately €205 million, inclusive of debt extinguishment and subject to customary closing adjustments, through available cash-on-hand and an upsizing of Neenah’s existing Term Loan B from $200 million to $450 million. Interest rates on the Term Loan B are variable and are currently at 3.5 percent. Neenah will continue to maintain a strong liquidity position, with ample availability under its revolving credit line and a projected debt to EBITDA of approximately three times after closing the transaction.