International Paper announced a plan to pursue a spin-off of the Company's Printing Papers segment into a standalone, publicly traded company. The transaction will result in two streamlined, leading companies well positioned for long-term success. Upon completion of the transaction, International Paper and SpinCo will each be well positioned to create long-term value. The Company expects the separation to be tax-free for the Company's shareowners for U.S. federal income tax purposes and plans to complete the spin-off late in the third quarter of 2021. SpinCo intends to raise debt in order to pay a dividend to International Paper, which will be used to pay down outstanding debt. Upon completion of the spin-off, Jean-Michel Ribiéras, currently senior vice president, Industrial Packaging, will become the chief executive officer of the new company, which we will refer to as SpinCo until the company establishes its own corporate identity.
Cascades PRO, a leader in the manufacturing of towel and tissue products, is proud to announce the launch of the New Era of Clean at the ISSA Show North America 2018 in Dallas, Texas .
New and Improved Cascades PRO Tandem™ Dispensers (CNW Group/Cascades Inc.)
Cascades PRO is taking innovation to a new level with the New Era of Clean, a multi-year period of new product introductions designed to raise the bar on hygiene. This year at ISSA Show North America, Cascades PRO will unveil a stunning new family of Cascades PRO Tandem™ dispensers for hand towels and toilet paper, as well as, introduce an expanded range of high-end Cascades PRO Signature™ toilet paper and facial tissue products. Additionally, to support the new innovations, the company will launch the Cascades PRO Make it Easy™ program designed to simplify the ordering and shipping process of dispensers.
“Innovation is a major driver for everyone at Cascades, and our objective is that new products represent 20% of our sales by 2020” said Jean Jobin , President and COO of the Cascades Tissue Group. “We’re thrilled to release this first wave of innovations as part of the New Era of Clean. We are taking hygiene to another level and are continuing to focus on delivering the Cascades PRO feel good experience. ”
New and Improved Cascades PRO Tandem ™ Dispensers
Sleek, modern and seamless. This is the DNA of the new Cascades PRO Tandem Dispensers. Available in stylish pure white and dark gray options, these dispensers are built for better hygiene and created for optimal performance. Every feature of these lean, clean machines has been tested, fine-tuned and given the thumbs-up by real humans with real needs, from start to finish. The new designs are 99.9% jam-free* to make sure things keep on rolling smoothly.
The new Cascades PRO Tandem family of dispensers is hygienic, reliable and cost-saving. They not only boost customers’ productivity, but also their image. The new Cascades PRO Tandem collection of dispensers will be available in the following options to meet a variety of customer needs:
• Mechanical No-touch Roll Towel Dispenser
• Jumbo Toilet Paper Dispenser, Single Roll
• Jumbo Toilet Paper Dispenser, Double Roll
• Electronic Roll Towel Dispenser
• Multifold Hand Towel Countertop Dispenser
• Top Bottom High Capacity Toilet Paper Dispenser
• Side-by-Side High Capacity Toilet Paper Dispenser
• Four Roll High Capacity Toilet Paper Dispenser
Cascades PRO Make It Easy™ Program
The Cascades PRO Make It Easy program offers customers a streamlined, fuss-free service program for their Cascades PRO Tandem roll towel and toilet paper dispensers. Customers will now have access to a more simplified ordering process as they can now easily place their orders online on the www.cascadespro.com portal and enjoy direct shipment**, installation support ** and anniversary check-ups**.
New Cascades PRO Signature TM Toilet Paper and Facial Tissue Products
The Cascades PRO Signature line will expand to include four new premium products including a standard toilet paper, a high capacity toilet paper, a cube box facial tissue and a flat box facial tissue that will add a touch of luxury to any space.
For more information about the new product offerings from Cascades PRO, visit us at ISSA Show North America 2018 in Dallas at Booth #2609 or visit www.cascadespro.com