Neenah, a leading global manufacturer of specialty materials, is announcing that it has joined the Soteria Battery Innovation Group (BIG), a consortium of 100+ companies representing different developers and users across the lithium-ion battery ecosystem. The consortium is committed to using new technology to bring safer batteries to the market, which aligns directly with Neenah's passion for innovation and the company's emphasis on safety. Lithium-ion batteries continue to dominate the battery market, with projected growth from $41B in sales in 2021 to over $110B by 2030. Neenah will utilize its significant expertise in nonwovens to pursue fiber-based separator applications that can meet users' short and long-term needs.
International Paper (NYSE: IP) has pledged $1 million to support disaster relief efforts in the communities impacted by Hurricane Harvey and Tropical Storm Harvey.
The International Paper Foundation will contribute $750,000 to the American Red Cross chapters in Texas and Louisiana, and will contribute $250,000 to Feeding America. International Paper has established strategic partnerships with these organizations to provide disaster relief in communities where IP employees live and work.
The company has already produced 100,000 boxes, which will be donated to the American Red Cross and Feeding America, who will use them to deliver food, water and other critical supplies to those in need. IP employs nearly 5,000 team members throughout the two states.
“Our hearts go out to the many families impacted by Hurricane Harvey,” said Mark Sutton, Chairman and CEO, International Paper. “We know these communities are resilient and hope that our contributions help accelerate relief efforts and the distribution of essential goods.”
International Paper mobilizes its people, products and resources to address critical needs in the communities where employees live and work. The company’s community engagement efforts include financial contributions, employee volunteering and product donations focused on addressing four Signature Causes: Hunger, Education, Health & Wellness and Disaster Relief.