Lecta to take temporary downtime at several mills

Kimberly-Clark Corporation announced that, Mike Hsu, Chairman and Chief Executive Officer, and members of his executive leadership team are unveiling the next phase of the company's transformation, including a new operating model and key commercial initiatives designed to grow its brands and businesses at a faster pace than its categories. "Over the past five years, our global team's dedication and strong execution have positioned us to fully leverage the scale we've built and to catapult Kimberly-Clark into its next chapter of growth," said Hsu. "We are building on the consumer centricity and commercial advantages we've established by moving to a more agile and focused operating structure that we are confident will help accelerate our proprietary pipeline of innovation in right-to-win spaces and improve our growth trajectory, profitability, and returns on investment. We have more than 150 years of history, transforming groundbreaking insights into innovative categories, with products that provide Better Care for a Better World. We are excited to build on the strength of that legacy as we drive for consistent, long-term value creation."

Sappi has joined forces with VIGC (Flemish Innovation Center for the Graphic Communication) and EY in their endeavor to launch one of the first Graphic Arts Industry Hackathons. A Hackathon is a method of creative problem solving designed to boost disruptive innovation. The target of this event is to create synergies, foster innovation and trigger ideas that will future-proof the print industry by tackling and contributing solutions to its most pressing challenges. These categories being covered are: Commercial Print, Packaging & Labels, Publishing and Industrial Printing. The hackathon will take place on 12th and 13th of October, 2020, in a virtual format, thus enabling global participation. Startups, scale-ups, students, creatives and all industry enthusiasts are encouraged to join. Registrations can be done here: https://vigc.thefactory.works

Canfor Corporation is announcing reduced operating schedules effective September 12, 2022 at its Swedish facilities due to a decrease in market demand. The reduced operating schedules will result in a 15% decrease in production capacity and are anticipated to be in effect through the fourth quarter. “Rising inflation and mortgage rates in Europe, which are expected to persist into the fall, is impacting demand for lumber and as a result we are reducing production capacity. We are committed to continuing to meet the needs of our customers,” said Don Kayne, President and CEO, Canfor. The decrease in production capacity will be achieved through reduced shifts. The Company will continue to assess and make adjustments to operating schedules based on changes in market demand.