Sealed Air Corporation has entered into an agreement with Kuraray America, Inc., a Japanese chemical company, to offer food packaging materials derived from its Plantic™ bio-based resins. “We are expanding our portfolio of sustainable solutions with Plantic’s bio-based materials. This solution enables us to offer a renewable packaging option and continue helping the industry address food waste by extending the shelf-life and freshness of food,” said Karl Deily, President of Sealed Air Food Care. Through this new cooperation with Kuraray, Sealed Air will offer Plantic materials to package perishable foods such as poultry, beef and seafood in the U.S., Canada and Mexico. Click Read More below for additional information.
Metsä Board, part of Metsä Group, plans to purchase from Pohjolan Voima Oyj all the shares it owns in Hämeenkyrön Voima Oy, and thereby consolidate its local operations in the Kyröskoski mill area. The transaction is subject to e.g. the decisions of the Extraordinary General Meeting of Pohjolan Voima Oyj to redeem Pohjolan Voima Oyj’s G10 series shares from Metsä Board and to sell its shares in Hämeenkyrön Voima Oy to Metsä Board.
The estimated completion of the transaction would be at the end of 2021 or at the beginning of 2022. After the arrangement, Metsä Board will own 84% of Hämeenkyrön Voima Oy and DL Power Oy, owned by Leppäkosken Sähkö Oy, will own 16%. The arrangement will not have a significant impact on Metsä Board’s key financial figures.