Our Windsor Mill has been a fixture in the town for 155 years, marking more than a century and a half of pulp and paper manufacturing as well as a longstanding partnership with the community of Windsor. The mill was established in 1864; Canada didn’t become a unified country until 1867, making the mill three years older than the country in which it operates. Co. in 1864 and went through a few different owners before Dominion Tar — later known as Domtar — acquired the mill in 1961. In the 1980s, the mill underwent a large $1.2 billion expansion and renovation project, which resulted in a newly-constructed state-of-the-art mill for pulp and paper manufacturing. The old mill was eventually demolished. Today, Windsor Mill produces bleached hardwood wet-lap market pulp and uncoated freesheet paper, and it manages 400,000 acres of forestland in the region surrounding the mill, all certified to Forest Stewardship Council®, Sustainable Forestry Initiative® and ISO 14001 standards.
Newly created ePac Holdings Asia Pacific, located in Singapore, will manage the expansion with the first manufacturing location, ePac Indonesia, slated to be operational in the 2nd quarter of 2020 in Bandara Mas, Tangerang, Indonesia. Sales in the region are scheduled to commence in early 2020. Managed by Hadi Widayat, Director of ePac Holdings Asia Pacific, the company will be a collaborative investment between ePac Holdings US, Era Prima and the Indosterling group of companies. According to Mr. Widayat, “We would like to empower local small businesses with flexible packaging products on par with the big brand owners to enable them to compete nationally and internationally. The short-run, quick turnaround philosophy of ePac will bring tremendous benefits for many local businesses that currently do not have the scale, capital, or expertise to compete. We will start with a base in the Indonesian market then moving forward to South East Asia and Australia/New Zealand”.
M.Sc. (Tech.), MBA Riikka Joukio is appointed Metsä Group’s SVP, Climate and Circular Economy as of 5 December 2019. She reports to Jari Voutilainen, SVP, Corporate Affairs.In her new role, Joukio supports Metsä Group’s cooperation with key societal stakeholders and acts as the Group’s representative in climate change and circular economy related working groups and forums.
UPM Raflatac RP670 adhesive is specially designed for applications where a higher adhesion on demanding surface is required. In the home and personal care market the packaging landscape is exceptionally varied. Containers come in many different shapes, sizes and materials, posing a range of different labeling challenges. In addition, the need to design more sustainable packaging solutions is leading to lighter weight containers, as well as increasing amounts of post-consumer recycled (PCR) content – both of which create specific needs for labeling. For example, containers having PCR as raw material may pose uneven surfaces to label making it harder to adhere the label reliably during dispensing.
Highlights • GAAP Results: Revenue of $466 million (+4%) • Strong growth in Research and Education Services segments • Academic & Professional Learning decline reflecting market pressures in book publishing • Efficiency improvements and cost savings through business optimization. Second Quarter Revenue • Research Publishing & Platforms increased 2% as reported and 4% at constant currency, primarily driven by growth in open access publishing volume. • Academic & Professional Learning declined 6% as reported and 5% at constant currency, with a decline in book publishing offsetting growth in test preparation. Excluding the zyBooks and Knewton acquisitions, organic revenue declined 10% as reported and 9% at constant currency. • Education Services increased 80% (reported and constant currency), driven by organic growth of 10% and the addition of Learning House (acquired November 2018).
•Total revenues increased 1% to $625.6 million. Comparable company sales increased 3% following an increase of 8% in the third quarter last year. •J.Crew sales decreased 4% to $415.8 million. J.Crew comparable sales were flat following an increase of 4% in the third quarter last year. •Madewell sales increased 13% to $151.6 million. Madewell comparable sales increased 10% following an increase of 22% in the third quarter last year. •Operating income was $11.5 million compared to $32.7 million in the third quarter last year. Operating income this year was impacted by transaction costs and non-cash impairment charges. The third quarter last year reflects the impact of the benefit related to the lease termination payment. •Net loss was $19.9 million compared to $5.7 million in the third quarter last year. Net loss this year was impacted by transaction costs and non-cash impairment charges.
Amazon is committed to major investments in renewable energy as a critical step toward addressing the company’s carbon footprint globally, and Amazon’s newest renewable energy project in Europe will be the company’s first large-scale project in Spain, located southeast of Sevilla. Once complete, the new solar farm will provide 149 megawatts (MW) of new renewable capacity. Amazon’s newest renewable energy solar projects in the US will be located in Lee County, Illinois and in Northern Virginia. Together, they total 180 MW and are expected to generate almost 400,000 MWh of renewable energy annually. This will be Amazon’s first large-scale renewable energy project in the state of Illinois and ninth in the Commonwealth of Virginia.
Oil prices steadied around $61 a barrel on Tuesday as rising expectations of deeper output cuts from OPEC and its allies were countered by a potential delay to a U.S.-China trade agreement until after the next U.S. presidential election. The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, are discussing a plan to increase an existing supply cut of 1.2 million barrels per day (bpd) by a further 400,000 bpd and extend the pact until June.
To achieve its renewable energy goal, Ralph Lauren plans to pursue a combination of virtual power purchase agreements (VPPAs) in North America as well as assess a select number of U.S. sites for onsite solar power installations. For the remaining electricity use, the company will purchase green power products, including renewable energy certificates (RECs), guarantees of origin (GoOs) and international renewable energy credits (I-RECs). In addition, and ahead of the upcoming United Nations Climate Change Conference (COP 25) in Madrid, Ralph Lauren affirmed its commitment to the Paris Agreement by joining the “We Are Still In” coalition and signed a joint letter, along with a number of leading companies and CEOs, urging the U.S. government to remain a signatory to the agreement.
1. Align health and wellness with safety and sustainability. Sustainability isn’t just about protecting our natural resources; it’s also, literally, how we sustain strong performance. A healthy and experienced workforce contributes to economic and environmental sustainability. 2. Bring internal investment to safety and sustainability. Sustainability, like safety, does not operate in a silo. Leaders in both areas must cultivate the belief that everyone in the company is responsible for sustainability and our safety culture, Goff says. 3. Communicate clearly and encourage accountability. Sharing our sustainability story includes talking about our safety culture. In our 2019 Sustainability Report, we highlighted key statistics about our safety performance and our journey toward meeting our safety goal, which ranks among our top priorities. 4. Celebrate sustainability and our safety culture to recruit and retain employees. Millennials and younger employees care about environmental issues and want more holistic health benefits. Communicating about our sustainability initiatives, our safety culture and our focus on wellness will benefit us in both recruiting the next generation of employees and retaining our valuable workforce.