UPM concluded the sale of its hydro power facilities in Steyrermühl to Energie AG

Please be advised that we will increase our prices by $2.00/CWT for shipments West of the Rockies on all Rolland printing and publishing grades, effective with shipments on or after April 15th 2018. Price increases apply to all; rolls, folio and cut size. All standard upcharges will remain unchanged. Orders already confirmed for shipment on or before April 15th 2018 will be priced as acknowledged.

UPM Raflatac has earned multi-site certification to the first edition of the ISO 45001:2018 Occupational Health and Safety Management System for its ten label stock production facilities. The certification complements UPM Raflatac’s existing certifications to the ISO 9001:2015 Quality Management System and ISO 14001:2015 Environmental Management System standards. DNV, a global assurance and risk management company, awarded the certification on March 9, 2021, after completing a combination of in-person and remote audits in UPM Raflatac facilities worldwide.

The alternative to the company's proposal will likely lead to bankruptcy at the parent company Norske Skogindustier ASA but Norske Skog AS and the mills will continue operations as normal under new ownership. Norske Skog group has launched a new recapitalisiation proposal. According to the parent company Norske Skogindustrier ASA, this proposal provides a final opportunity to reach a consensual solution among all bondholders and shareholders. Among the the key terms of the proposed recapitalisation transaction is the conversion into equity of all outstanding, secured and unsecured bond debt, resulting in secured note holders acquiring 94% equity ownership in Norske Skogindustrier ASA. Click Read More below for more of the story.