Overview * Record quarterly reported operating income of $603 million driven by historically high lumber prices and improved global pulp market conditions; record-high quarterly sales of $1.94 billion * Shareholder net income of $428 million, or $3.42 per share * Net debt of $85 million at March 31, 2021; $225 million repayment of term debt in the current quarter * Cumulative cash deposits of $615 million on countervailing and anti-dumping duties at March 31, 2021

UPM Raflatac, one of the world's leading suppliers of self-adhesive label materials, has completed its acquisition of the assets of Irving, Texas-based Southwest Label Stock. Both parties have agreed not to disclose the purchase price or other transaction details. This acquisition will allow UPM Raflatac to expand its reach in the Texas and the Southwestern U.S. label markets by being highly responsive and offering a wider range of its high-quality products with fast turnaround. UPM Raflatac is also excited to announce a continuation and expansion of Southwest Label Stock's well-known small roll service. With this service, UPM Raflatac customers will be able to purchase single rolls of laminate trimless at 2,500 feet, shipped in boxes throughout North America. Click Read More below for additional detail.

“Der Papyrer von der Goeltzsch,” a collaborative project between companies Koehler Paper, RISSMANN, druckpartner and bellazinnfigur, focuses on two traditional handcrafts: namely, paper production and tin casting. These two traditional materials also have a big future too. Paper and tin are natural products that provide a real sensory experience. The project stands for outstanding craftsmanship, responsible production, sensory materials, and sustainable use of resources. Above all, it shows how sustainability and high-quality packaging can be combined to produce luxury items. Koehler Paper came up with the idea of producing sustainable yet high-quality packaging, containing a historical tin figure. The limited-edition box contains a high-quality printed and finished booklet containing interesting information on the “Papyrer von der Goeltzsch”, as well as a postcard and a tin figure. “Our recycling paper are a sustainable alternative for use in luxury packaging, with no compromises made in terms of quality, reliability or appearance. The ‘Papyrer von der Goeltzsch’ project is a great example of this,” stresses Udo Hollbach, CEO of Koehler Paper at the Greiz mill.