UPM concluded the sale of its hydro power facilities in Steyrermühl to Energie AG

The European Investment Bank (EIB) will support The Navigator Company, a major Portuguese industrial group and Europe’s leading pulp and paper manufacturer, with a €27.5 million loan for the construction and operation of a new biomass boiler at their integrated mill facility located in Figueira da Foz, a cohesion region in Portugal. This project is the first major step of The Navigator's decarbonisation strategy, launched recently with the aim of making the company carbon neutral by 2035 (15 years ahead of the EU target of 2050) in line with the Paris Agreement, the EU Green Deal and Portugal’s Roadmap to Carbon Neutrality. Replacing the existing equipment with a new biomass boiler is part of the company’s investments for offsetting carbon emissions and is seen as crucial for preserving and improving its competitiveness and market presence in a cyclical business sector, especially now amid the far-reaching economic consequences of the COVID-19 pandemic.

Back at high speed, the Hunkeler Innovation Days in Lucerne, Switzerland will be held from February 27 to March 2. Over the past three years, where the pandemic prevented this industry event from happening, high speed inkjet printing continued to evolve and will continue to do so according to the 2021 Smithers report “The Future of Print Equipment Markets to 2026”. For both types of high-speed presses – reel fed and sheet fed – the market is growing. In Europe, inkjet reel fed installations are expected to grow by around 50% between 2021 and 2026. Still, sheet fed inkjet installations top these figures as they are expected to grow by 126% in Western Europe and by 288% in Eastern Europe in the same period. Mondi Uncoated Fine Paper – part of the international packaging and paper group Mondi – developed the largest selection of high-speed inkjet papers in close collaboration with renowned OEMs (Original Equipment Manufacturers). The papers feature ideal gamut, reels as well as sheets in grammages ranging from 60 to 300 gsm and various surface treatments.

CMPC has officially inaugurated its new U.S. branch, CMPC Forest Products, in Atlanta, Georgia, marking a strategic move to enhance service and deepen relationships with North American clients. The inauguration,…