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18Nov 20
Three years of Biofore Site™: UPM Raflatac aims higher in sustainable manufacturing
Global label stock manufacturer UPM Raflatac has worked hard to quantify and build upon its sustainable manufacturing processes through its innovative Biofore Site™ program, which is now celebrating its third year. Implemented at the company’s 10 factories worldwide, the program has resulted in many improvements that help further cement UPM Raflatac’s position as it is leading in sustainable labeling. The Biofore Site concept includes a scorecard with approximately 40 performance measures mapped to the United Nations Sustainable Development Goals, which align with parent company UPM’s 2030 responsibility targets. The scorecard provides flexibility for UPM Raflatac’s factory teams to develop site-specific roadmaps for achieving their Biofore Site goals. Filled out annually by each factory, the scorecards touch on standard sustainability measures like waste generation, energy consumption, and safety performance, and some not-so-conventional measures, like supplier sustainability performance, development opportunities for employees, engagement in community activities, and measures of diversity.
18Nov 20
UPM Specialty Papers helps enhance circular economy in self-adhesive label industry
UPM Specialty Papers joins CELAB-Europe to promote the development of a sustainable and circular business model in the self-adhesive label industry; the target is to ensure that 75% of the used liner and matrix materials in Europe are recycled in a circular fashion by 2025. “As part of our eco-design approach, UPM actively looks for innovative ways to recycle our products at the end of their life. UPM Specialty Papers is excited to support industry-level initiatives to promote circularity in the self-adhesive label business,” highlights Mikko Rissanen, Director, Technology at UPM Specialty Papers.
18Nov 20
Canfor Signs Agreement with Peak Renewables to Sell Fort Nelson Tenure
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.