Moorim USA Announces Price Increase on C1S Label Products

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.

Rayonier Advanced Materials Inc. and Borregaard ASA announced LignoTech Florida, owned 45 percent by RYAM and 55 percent by BRG, officially begun operations at the new lignin plant in Fernandina Beach. The plant has production capacity of 100,000 dry metric tons of lignin with the option of a second phase that can later expand production by an additional 50,000 dry metric tons “We are excited to complete construction phase of the plant, on time and within $110 million combined budget,” said Paul G. Boynton, Chairman, President and Chief Executive Officer of Rayonier Advanced Materials. “This investment provides new jobs for the Fernandina Beach community, diverse and environmentally-friendly products for Rayonier Advanced Materials, and a solid return on capital for our investors.” Lignin, a natural component of wood, is a co-product of Rayonier Advanced Material’s sulphite cellulose manufacturing process in Fernandina Beach. The new operation will process the lignin into value-added products that provide environmentally-friendly alternatives to fossil fuel-based products used globally in construction, agriculture and other industrial applications.

January–December 2022 compared with January–December 2021 *The carrying amount of SCA’s forest assets increased to SEK 97.9bn (84.5) as of December 31, 2022 due to continued increase in transaction prices for forest assets in Northern Sweden. *Net sales increased 10% to SEK 20,794m (18,822), which mainly related to higher selling prices in containerboard and pulp. *EBITDA increased 12% to SEK 10,194m (9,109). The increase was mainly attributable to higher selling prices. Cost increases were largely offset through control over SCA’s own value chain with a high degree of self-sufficiency in wood, energy, and logistics. EBITDA margin was 49.0% (48.4). *Operating profit increased to SEK 8,642m (7,634). *Operating cash flow was SEK 5,685m (5,216) and fully financed ongoing strategic capital expenditures.