Norske Skog has decided to extend the consent solicitation deadline for the ongoing recapitalization proposal from 3 October until Thursday 5 October at 17:00 CET. Norske Skog will use the period up to the new expiration deadline to speed up the continued discussions with the various stakeholder groups to try to achieve sufficient support for a consensual recapitalization solution for the Norske Skog group. The Board of Directors will continue to follow and evaluate the situation thoroughly during this period. We need some extra time to align initiatives among the various stakeholders. We believe that the extension of the consent deadline will improve the chances of reaching a solution," said Mr. Christen Sveaas, Chairman of Norske Skogindustrier ASA.
We are pleased to announce that Monadnock Paper Mills, Inc. has joined as a patron of the Sustainable Green Printing Partnership, highlighting its environmental leadership and commitment to the industry’s growing sustainable supply chain.
The Sustainable Green Printing Partnership (SGP) is a non-profit organization that certifies printing facilities’ sustainability best practices, including and beyond regulatory compliance. SGP advocates best practices and innovation among print community stakeholders, aligning the printing industry and its customers in the pursuit of a more accountable sustainable supply chain.
Monadnock is a long-time leader in crafting sustainable and premium printing, packaging, and specialty technical papers for leading brands worldwide. Operating under a third-party certified ISO 14001 Environmental Management System, the synergistic alignment and partnership with SGP will help us to better serve our mutual stakeholders and customers.
“Monadnock and the Sustainable Green Printing Partnership share a commitment to sustainability and innovation,” said Jonathan Graham, Chairman of the Board, Sustainable Green Printing Partnership. “Our work to build an increasingly sustainable supply chain is accelerating through strategic partnerships with leading companies like Monadnock.”
Monadnock’s product portfolio, numbering more than 200 grades of paper, is FSC certified, manufactured carbon neutral (VERs) and made with 100 percent renewable Green-e certified wind powered electricity (RECs) under a third-party certified ISO 14001 Environmental Management System. In recent months, the company has introduced sustainable papers and packaging material made from alternative fibers such as industrial hemp, cotton linters, and jute derived from recycled coffee bags. Monadnock’s online Environmental Impact Calculator helps industry partners and customers forecast and assess the positive impacts on energy, air, water and waste by specifying its papers.
“We applaud the great work that our friends at SGP are doing and look forward to supporting their efforts to optimize sustainability across the supply chain” said Julie Brannen, Director, Sustainability Solutions, Monadnock. “At Monadnock, we’re committed to building a better world together with our customers and industry partners.”