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The Paper Excellence Group and Resolute Forest Products Inc. announced their intention to sell Resolute's Thunder Bay pulp and paper mill to further facilitate the regulatory review process. "Today's announcement is a clear demonstration of our commitment to timely complete the acquisition of Resolute," said Patrick Loulou, vice chair and chief strategy officer of the Paper Excellence Group. "This is a very hard thing to do, but we believe it is necessary in order to accelerate our strategic combination with the Paper Excellence Group," stated Remi G. Lalonde, Resolute's president and chief executive officer. "The mill is an exceptional asset. I am confident that the dedicated and talented team in Thunder Bay will have a prosperous future with any company fortunate enough to have them as part of their organization."
International technology Group ANDRITZ has launched CircleToZero®, a holistic program for the pulp-producing industry with the goal of providing strong support to customers in their efforts to achieve maximum, sustainable production, aiming at zero emissions and zero waste production. Pairing in-house innovations with ANDRITZ’s proven and state-of-the-art technologies, CircleToZero will enable the pulp-producing industry to either eliminate or make use of side streams in pulp production and convert by-products into new added-value products.
The global environmental non-profit CDP has published its annual A Lists, recognising companies for leadership in environmental transparency and performance. Out of nearly 20,000 companies scored globally, only 23 achieved the highest rating – the Triple A. Metsä Board was one of these companies and the only Nordic company on the Triple A list.
CDP scores companies on Climate Change, Forests, and Water Security, with an ‘A’ marking the highest level of achievement. Securing a Triple A rating places Metsä Board among global leaders demonstrating comprehensive disclosure, mature environmental governance, and meaningful progress toward environmental resilience.