LEIPA Group is pleased to announce another addition to its Sales team: Mike Petersen will be joining us on May 1st, 2021, as Head of Sales Packaging Paper and will have overall responsibility for all related end-to-end sales processes and functions. In this capacity, Mr. Petersen will report to LEIPA Group’s Chief Sales Officer, Dr. Fabian Gaus. Mr. Petersen joins us from the Prinzhorn Group, where his last positions were Managing Director for optimizing the sales set-up of 24 containerboard plants in Europe, and General Manager and Sales Director for their Dunapack Spremberg operation. Previous engagements included management positions in Sales with Igepa, Papier Union and Mondi.
North Pacific Paper Company (NORPAC) is excited to announce the arrival of a new state-of-the-art drum pulper that will help the company expand its production of lightweight recycled packaging papers and safeguard more than 400 mill jobs and support other indirect jobs in Cowlitz County. The new pulper just arrived at the Port of Longview and will be moved this week to the NORPAC mill. The pulper and other mill infrastructure upgrades represent more than a $50 million capital investment that will expand Longview mill operations to transform wastepaper into lightweight recycled papers for corrugated boxes, displays, bags and various other packaging products.
Due to the current economic environment and the continued significant increase in raw material, manufacturing and logistics costs, Lecta announces a second price increase of 8% on all its 2-side CWF and UWF grades in sheets and reels. The new prices will be effective on deliveries from June 1st, 2021.
UPM Plywood, Arctic Astronautics and Huld announce today a joint mission to launch the first ever wooden satellite, WISA WOODSATTM, into Earth’s orbit by the end of 2021. WISA Woodsat will go where no wood has gone before. With a mission to gather data on the behavior and durability of plywood over an extended period in the harsh temperatures, vacuum and radiation of space in order to assess the use of wood materials in space structures. WISA Woodsat is a nanosatellite designed and built by Arctic Astronautics, and it is based on the Kitsat educational satellite. The satellite measures roughly 10 x 10 x 10 cm and weighs one kilogram. A suite of on-board sensors, including two cameras will be used to monitor the specially coated WISA®-Birch plywood.
Urban Outfitters, Inc. announced a personnel change at the Anthropologie Group. Hillary Super has stepped down as Global Chief Executive Officer. Her last day was Friday, April 9th. We thank Hillary for her service over the past four years and wish her well in the future. Beginning today, Tricia D. Smith, has joined the Anthropologie team as the new Global Chief Executive Officer. Ms. Smith brings with her impressive retail experience earned over 26 years spent within the Nordstrom merchant organization where she was Executive Vice President, General Merchandise Manager of Women’s, Young Contemporary, Designer, and Specialized Apparel. In 2019, Tricia left Nordstrom to become Executive Vice President, Chief Merchandising Officer, of Tilly’s. Separately, URBN is pleased to report that total Retail segment comparable net sales thus far during the first quarter of Fiscal 2022 have increased by high single-digits versus Fiscal 2020. In North America, better sales were driven by double-digit ‘comp’ results at both the Free People and Urban Outfitters brands while Anthropologie sales have improved substantially but remain slightly negative.
Neenah, Inc. announced that it has joined CEO Action for Diversity & Inclusion™, the largest CEO-driven business commitment to advance diversity and inclusion within the workplace. One of nearly 2,000 CEOs that have come together for CEO Action for Diversity & Inclusion™, Julie Schertell, is committing herself and Neenah to advance diversity and inclusion efforts in the company and in the communities where Neenah employees live and work. The CEO Action for Diversity and Inclusion™ commitment is driven by a realization that addressing diversity and inclusion is not a competitive issue, but a societal issue that CEOs can play a critical role in addressing. Companies from 85 industries have signed on, giving the signatory group additional unique perspectives on how to develop comfortable environments for employees to thrive. “A diverse and inclusive workforce facilitates community, increases awareness and builds empathy,” said Julie Schertell, CEO and President – Neenah, Inc. “It also drives innovation and creativity, as employees feel accepted and welcomed to bring their whole selves to work every day, along with their unique perspectives and experiences. All of this leads to greater value, growth and opportunities for our employees, our company, communities and shareholders.”
UPM sells its Jyväskylä plywood mill site and premises, located in Säynätsalo, Jyväskylä in Finland, to real estate developer Redeve Oy. The transaction was completed today, and the ownership of the real estate was transferred to Redeve immediately. At the same time, businesses currently renting premises on the site, will become tenants of Redeve. “We are delighted to find a buyer for the mill site so quickly. The site has been developed as a business district already while the plywood mill was operating. We have had successful co-operation with Redeve also earlier and we believe this good news for the further development of the site”, says Jaakko Kaijalainen, Property Manager at UPM. Redeve has earlier bought the Myllykoski mill site and the Voikkaa business district from UPM and operates business districts on both locations. Same is being planned also for Säynätsalo.
Following the positive evaluation of the PEFC chain of custody by the European co-operation for Accreditation (EA), European accreditation bodies can now provide accreditation against the 2020 PEFC Chain of Custody and Trademarks standards. This decision enables certification bodies to update their accreditation and clears the way for thousands of PEFC-certified companies worldwide to transition to the 2020 chain of custody standards. Furthermore, companies looking to achieve PEFC certification have the opportunity to be certified against the 2020 standards. In addition, we have extended the transition period by six months, to 14 August 2022, to give accreditation and certification bodies more flexibility. After this date, all certification bodies must be accredited against the 2020 standards and all chain of custody audits carried out against the 2020 standards.
20/20 Custom Molding Plastics’ latest expansion, beginning in April, will bring more than 100 new jobs to its two locations thanks to various machine additions and the relocation of several high pressure presses. The manufacturing firm will proceed with adding two 3,000-ton high pressure machines and one 8,000-ton high pressure machine to its 225,000-sqaure-foot Holiday City plant this year and into 2022. The 375- and 500- ton high pressure presses in Holiday City will be relocated to the Bluffton, Indiana 325,000-square-foot facility. In addition, the Bluffton location will receive three new structural foam presses over the next 18 months. President of 20/20, Ron Ernsberger noted that the company’s ability to continuously grow is rooted in its goals to exceed customer expectations.
National Average Price for Regular Unleaded Current: $2.867; Month Ago: $2.796; Year Ago: $1.895. National Average Price for Diesel Current: $3.083; Month Ago: $3.020; Year Ago: $2.551