UPM concluded the sale of its hydro power facilities in Steyrermühl, Austria to Energie AG, an energy infrastructure company located in Upper Austria on 31 July 2017.
The transaction was announced in March 2017.
http://www.upmpaper.com/whats-new/all-news/Pages/UPM-concluded-the-sale-of-its-hydro-power-facilities-in-Steyrermühl-to-Energie-A-001-Tue-01-Aug-2017-08-33.aspx
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Paper Excellence Canada announced today that Northern Pulp notified Nova Scotia Environment of its intention to pause the Environment Assessment for the new Effluent Treatment Facility (ETF) to facilitate further detailed discussions with stakeholders about how Northern Pulp and the community can best work together to foster a clean environment, maintain and protect jobs, and contribute to a strong Nova Scotian economy. “We remain concerned that the Environmental Assessment, based on the current terms of reference, is ambiguous and would not result in a clear outcome. Instead, it could lead to more uncertainty, division, and disappointment among stakeholders,” said Graham Kissack, VP, Environment, Health, Safety and Communications for Paper Excellence Canada, on behalf of Northern Pulp. “Pausing the assessment will provide time for us to further engage the community in discussion about the mill and its future, how we can best co-exist, and an appropriate Environmental Assessment process for the environmental improvement being proposed.”
The Company reported an operating income of $10.8 million for the first quarter of 2025, compared to $4.1 million for the fourth quarter of 2024. These results were largely driven by a modest uplift in the Company’s average Northern Bleached Softwood Kraft (“NBSK”) pulp unit sales realizations in the current quarter combined with a 6% increase in pulp production compared to the fourth quarter of 2024. Commenting on the Company’s first quarter results, CPPI’s President and Chief Executive Officer, Stephen Mackie, said, “With improved operational performance and some positive momentum in market conditions early in 2025, we are pleased to see another quarter of positive results for our pulp business. Despite the increase in results, however, global economic uncertainty influenced pulp market conditions in the latter part of the first quarter and continues to do so early in the second quarter. Going forward, we will work to navigate these external challenges facing our business while focusing on improving safety, reliability and overall operating performance.”
The ISO 9001 certificate is the world's most recognized international certification standard for a quality management system. It provides guidance for companies that aim to ensure products and services consistently meet quality requirements. As an ISO 9001:2015 certified site, Mactac Minneapolis has a systematic quality management system in place and is committed to cost and waste reduction, continuous improvement, regulatory compliance and more. ‘At Mactac, we believe quality is key to a successful business and our sustainable quality culture is at the core of everything we do,’ said Jennifer Zenar, director of quality at Mactac.