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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Due to the current extraordinary situation, a temporary cost surcharge for our products is unfortunately unavoidable. The general surcharge will be levied on a segment basis and will apply from 1 April 2022 until further notice. The cost surcharge will affect all products produced in Germany. The surcharge will be shown separately on the invoice. Against the background of the current dynamics in the markets, we ask for your understanding for this measure and the short notice involved. Thank you very much.
Lecta is pleased to announce an agreement with Naturgy, a multinational energy group, for the supply of renewable gas that will contribute to the decarbonization of its manufacturing activity. Biomethane gas, a renewable gas obtained from the treatment of different types of waste with properties similar to those of natural gas, will now be used as an energy source in Lecta's Spanish mills in Leitza (Navarra) and Zaragoza. The renewable gas supplied by Naturgy has certified guarantees of origin and sustainability tests that assure Lecta of the reduction of emissions derived from our industrial activity and the fulfillment of the sustainability commitments set in our 2030 Agenda. Lecta is firmly committed to sustainability, energy efficiency and decarbonization. This collaborative effort and commitment to the use of renewable energy is one more step the company has taken towards protecting the environment, combating climate change and promoting the circular economy.
Twin Rivers Paper Company LLC announced that it completed the acquisition of the paper mill located in Pine Bluff, Arkansas. Twin Rivers, headquartered in Madawaska, Maine, produces specialty packaging, label, publishing, and technical specialty papers as well as dimensional lumber. It is owned jointly by Atlas Holdings LLC and Blue Wolf Capital. The mill acquired under this agreement produces Multiwall, Converting and Bag grade unbleached kraft papers serving a variety of food, agricultural, and industrial applications. With basis weights between 40# and 78#, the mill has a capacity in excess of 140,000 US short tons. This acquisition marks Twin Rivers’ second investment in packaging and technical markets in recent years, following the purchase of the paper manufacturing assets of the Burrows Corporation in 2016. Click Read More below for additional information.