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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Today we are all experiencing the serious impact of climate change. Sappi Europe, as a global company, is committed to pursuing a stringent decarbonisation plan to reduce detrimental effects on the environment. As part of its long-term global commitment to climate protection and sustainable production, the company has successfully converted many of its production sites to renewable energy. At its Kirkniemi Mill in Lohja, Finland, Sappi Europe has invested an amount in the double-digit millions which will enable the full conversion of its energy supply to renewable bioenergy. This investment will reduce the mill’s direct fossil greenhouse gas emissions by roughly 90 per cent, equivalent to 230 000 tonnes of carbon dioxide per year. “This is just one of many measures we are taking on our journey towards greater sustainability. We are committed to being part of the solution and are rigorously focusing on our decarbonisation plan,” confirms Marco Eikelenboom, CEO of Sappi Europe. Visitors to the PulPaper event in Helsinki will have an opportunity to find out more about how the company is achieving its goals to become sustainable and future-proof.
Appvion, Inc. announced plans to consolidate the majority of the carbonless paper coating and rewinding operations currently performed at its plant in Appleton, Wisconsin, to its integrated pulp and paper mill in Roaring Spring, Pennsylvania, and relocate the Appleton Plant’s sheeting operations to an Appvion-operated facility near the mill. The company expects the transition will begin in January and be completed in the third quarter of 2018. Consolidating Appvion’s carbonless paper manufacturing, rewinding, and sheeting to the Roaring Spring area, where Appvion already produces this product, will help position the company for long-term success by increasing the efficiencies of its manufacturing and logistics operations. The consolidation plan will result in the shutdown of three under-utilized coaters and related rewinding and sheeting equipment at the Appleton Plant and the elimination of approximately 200 hourly and salaried jobs at that facility. Approximately 300 hourly and salaried plant employees will be retained at the Appleton Plant to continue producing the company’s thermal paper products and some carbonless and specialty coated grades. Employment at Roaring Spring Mill and at Appvion’s thermal paper coating plant in West Carrollton, Ohio, will be unaffected by the plan. Click Read More below for additional information.
Canfor announced it has reached multi-year $30-million agreements with Peak Renewables involving the sale of the Company’s forest tenure in the Fort Nelson region of British Columbia. The transactions are subject to customary closing conditions, including approval from the BC Minister of Forests. Closing is expected to occur in the first quarter of 2021. The agreements follow Peak Renewables’ purchase of Canfor’s Fort Nelson mill assets in the third quarter of 2020. “I am pleased to have reached an agreement to sell our Fort Nelson tenure to Peak Renewables, a company that is committed to developing a long term plan to rejuvenate the forest industry in the region,” said Don Kayne, President and CEO, Canfor.