Resolute Forest Products Inc. today announced the acquisition of Atlas Paper Holdings, Inc., a leading manufacturer of at-home and away-from-home tissue products, including recycled and virgin paper grades. Based in Florida, Atlas Paper manufactures branded and private label tissue products for the at-home and away-from-home markets. It offers both virgin and recycled products, covering economy, value and premium grades. Atlas Paper operates three tissue machines, with an annual production capacity of approximately 65,000 short tons; 14 converting lines in Hialeah (Miami) and Sanford (Orlando); and a paper recycling facility in Tampa. Atlas Paper employs about 360 people. It will be "business as usual" at Atlas Paper in terms of relationships and commitments to suppliers and customers.
Ahlstrom-Munksjö strengthens its global leading position in parchment products for sustainable everyday applications by inaugurating a new parchmentizer line at the Saint-Séverin plant in France. With the new line the company meets the growing demand for sustainable alternatives for cooking and baking, pan liners, trays and molds.
Ahlstrom-Munksjö’s genuine vegetable parchment papers are made out of 100% cellulose fibers with no chemical additives. Most of its variants are biodegradable and certified home compostable. Genuine vegetable parchment offers optimal release, greaseproof and heat resistance properties, making them ideal for cooking and baking, food packaging and processing applications in both professional and domestic use. The market for parchment products is estimated to grow by approximately 3-5% annually.
This highly attractive EUR 7 million investment, announced in June 2017, started up successfully in September 2018. Base paper for the parchmentizer line is sourced internally allowing also a more favorable product mix within the Food Packaging business, part of the Specialties business area.
“Ahlstrom-Munksjö is one of the only few players to provide a viable compostable alternative to plastics and aluminum for products like baking trays and molding materials. We are committed to Genuine Vegetable Parchment as we believe sustainable materials are our future”, says Omar Hoek, EVP of the business area Specialties.
The plant’s main products include food and beverage packaging materials and it employs 168 people. In addition to using local resources for the building of the new line, the investment will employ 28 more full time employees, a significant number in a region that has been affected by industrial desertification in the past decade.
Ahlstrom-Munksjö’s Specialties business area produces materials for food and beverage packaging, laboratory filters and life science diagnostics, water filtration, tape products and medical fabrics. It also supplies hot oil cooking and milk filtration materials, graphics paper for sticky notes and envelopes and metallized labels.