This year’s Vancouver Pulp Week was not about itself, but about the “after-party”: the Suzano and Kimberly-Clark (KC) joint venture in all countries except the USA, Canada, Mexico, and South Korea. By now, you’ve probably read the major figures and news about the deal; I offer some additional perspective.
#pulp #pulpandpaper #pulpandpaperindustry #packaging #packagingindustry… | Marcello Collares
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Kimberly-Clark Corporation announced the closing of its previously announced acquisition of Softex Indonesia, a leader in the fast-growing Indonesian personal care market. "This acquisition accelerates our growth with strong market share in key personal care categories across Southeast Asia's largest economy," said Mike Hsu, Chairman and CEO, Kimberly-Clark. "As we move ahead, we will leverage our combined strengths in innovation and brand building while maintaining the local market expertise and advantages that Softex Indonesia has built with its strong portfolio of brands."
The board of directors of Norske Skog ASA has appointed Geir Drangsland as the new CEO as of 1 September. Drangsland succeeds Tore Hansesætre, who has decided to leave Norske Skog after more than 14 years in the company. Geir Drangsland, who has served as the chair of the board since March 2023, steps out of the board of directors to become the new CEO of Norske Skog effective from 1 September 2023. Arvid Grundekjøn has been selected the new chair of the board of directors. Grundekjøn has been member of the board of directors since 2018. "I am pleased to announce Geir Drangsland as the new CEO of Norske Skog. Geir has an extensive background from the forest industry, and has worked closely with the management since his entrance in Norske Skog. At the same time, I will use the opportunity to thank Tore Hansesætre for his valuable contribution in Norske Skog’s transformation journey both as CEO and responsible for the mill conversion projects," says Arvid Grundekjøn, chair of Norske Skog ASA.
Effective with deliveries on or after October 1, 2017, UPM is increasing the transaction price of all Supercalendared and Coated Groundwood grades.
The transaction price of Supercalendered (SC) grades will increase $2.00/cwt, including all basis weights and finishes. Grades impacted include: Eco; Impresse; Impresse Plus; Max; Cat; Smart
The transaction price of Coated Groundwood grades will increase $1.00/cwt, including all basis weights and finishes. Grades impacted include: Cote; Ultra; Valor; Star.
Please note that the Coated Groundwood portion of this price increase is being announced and implemented in addition to our previous price increase letter dated June 2, 2017, implemented on deliveries July 1 and later.