Cascades to Permanently Close Its Corrugated Medium Plant in Niagara Falls, New York

UPM Raflatac extends its CarbonNeutral® product portfolio by achieving CarbonNeutral® product certification for the whole Linerless product range. The certification is issued by Natural Capital Partners in accordance with The CarbonNeutral Protocol. The leading global framework provides a robust and pragmatic blueprint for carbon neutrality. Direct thermal (DT) linerless labeling products help customers to reduce their packaging footprint and is in high demand in the packaging value chain. Sustainability and efficiency benefits of using linerless are significant as linerless brings up to a 40 percent reduction in material usage compared to traditional labelling technologies. DT linerless market has seen approximately 15 percent year-on-year growth in recent years.

With Termax, Lecta boasts an extensive range of thermal papers that is constantly evolving to meet POS, ticket and label application needs. Over the last years, Lecta has developed a series of high-quality thermal products that have recently obtained the official "No phenols added" certification issued by Ineris, the French National Institute for Industrial Environment and Risk. This certification guarantees that there is no Bisphenol A (BPA), S (BPS), F (BPF) or 12 other phenolic compounds in our Termax TFX, Termax TEX, Termax TC20X and Termax TCLLX products. In addition to this "phenol-free" recognition, the entire Termax range is manufactured in accordance with ISO 14001 and EMAS environmental standards, ISO 50001 energy management standards, ISO 9001 quality standards and ISO 45001 standards for occupational health and safety management systems. The range is also available with PEFC or FSC® C011032 Chain of Custody forest certification upon request. Termax is Lecta's fully updated range of heat-sensitive papers specially designed to grow with your business.

Tembec Inc. (TSX: TMB) (“Tembec”) announced today that Institutional Shareholder Services (“ISS”) has recommended that shareholders of Tembec vote FOR the proposed plan of arrangement (the “Arrangement”) involving the acquisition by Rayonier Advanced Materials Inc. (“Rayonier AM”) of all of the outstanding shares of Tembec (the “Tembec Shares”). In connection with this recommendation, ISS noted that: "The proposed premium offer consideration provides shareholders with flexibility to participate in the growth opportunities associated with the combined business of increased size, scale and liquidity and/or to receive the consideration in the form of cash that provides immediate liquidity (subject to proration limits).