Holmen Interim Report January-September 2020

Independent German paper mill Feldmuehle Uetersen has confirmed that it has been acquired, with more than 95% of jobs saved. Following reports last month that the business, which filed for insolvency in January, had been acquired by a holding company, the buyer’s identity has now been unveiled as a subsidiary of Berlin-based private equity company Beteiligungsgesellschaft Kairos Industries. “The successful completion of this refurbishment is largely thanks to the dedication, flexibility and responsiveness of the Feldmuehle employees," said Thies. Click Read More below for additional information.

UPM Raflatac and the Finnish Paperworker’s Union signed a business specific collective labour agreement on April 22, 2022. As a result, the Paperworker’s Union’s strike at the Tampere factory in Finland ended on the same day and employees returned to work on April 25. The production ramp-up has proceeded as planned. Production volumes reached normal levels during the first week after the strike. “We are pleased that a new business-specific agreement is now reached with the Finnish Paperworkers’ Union, enabling us to better serve our customers in the future. The agreement allows for additional production flexibility at our Tampere factory and gives us the ability to better respond to demand peaks. Increased capacity utilization also opens future opportunities for employment,” says Antti Jääskeläinen, Executive Vice President, UPM Raflatac.

Fulfill the expectations of today’s sustainability-minded consumers with premium packaging and collateral that’s authentic, environmentally responsible… and highly cost-competitive over “natural-looking” text and cover alternatives. Proven innovation, outsized impact for premium retail brands. Food, beverage, apparel, accessories, beauty/cosmetics, cannabis—and so much more. • Glama KRAFT is a printing, converting and packaging substrate that brings the distinctive look and feel of real kraft paper to premium recyclable text and cover. Truly a league of its own. • 90% post-consumer fiber, 100% recycled and Forest Stewardship Council certified • Optimized for 6+ color printability, foil stamping and embossing—offset and heat-set web to dry toner equipment and HP Indigo. • High affordability and cost-effectiveness for brand owners.