Rayonier Advanced Materials Announces Sale Of GreenFirst Forest Products Inc. Shares

New Force Magnetics and Master Magnetics, Inc. − a Colorado company − were acquired by a newly formed investment company now known as Master Magnetics Inc (a Delaware corporation) on April 1, 2024. Beginning on April 22, 2024, New Force Magnetics will operate as a new business unit under Master Magnetics Inc. Katie Fink will continue to provide the same level of customer service to which you are accustomed, operating under her new title, New Force Business Unit Manager. Jack Nellessen continues his employment with the company Chief R & D Strategist. Our new product offerings will expand to include not only the current flexible magnetics sheeting and strip and magnetic receptive products, but an entire array of neodymium, ceramic, ALNICO, and samarium cobalt magnets and magnetic assemblies for consumer, commercial and industrial use.

UPM Raflatac has received recognitions from RecyClass for multiple label products* with different adhesive technologies. The granted recognitions expand UPM Raflatac’s portfolio of RecyClass recognized PE (polyethylene) label materials and extends the portfolio to include PP (polypropylene) label materials. Both the PE and PP materials are recognized to be recycling compatible with colored HDPE (High Density Polyethylene) and PP packages. This means that the PE and PP labels can be recycled either in PP or HDPE colored recycling streams. The recognition for the PP recycling stream compatibility is first of its kind in the world. “At UPM Raflatac we are working towards a more sustainable and circular future. One big part of this is making consumer plastic packaging recyclable. We are proud that we are the first self-adhesive label company to provide RecyClass approved recycling compatible labeling solutions for PP packaging. According to extensive, independent testing done by Plastics Forming Enterprises (PFE), our unprinted labels have had limited impact on the recycling quality on both PP and HDPE colored recycling streams. This proves that our labels don’t hinder the recycling process or recyclate quality,” says Katja Kivelä, Business Director, Food and HPC, Films & Specials SBU EMEIA, UPM Raflatac.

Canfor Corporation is announcing that it has completed the purchase of Millar Western Forest Products Ltd.’s solid wood operations further to the Company’s news release dated December 16, 2021. “We are very excited to welcome the employees at the Whitecourt, Fox Creek and Spruceland facilities to the Canfor team,” said Don Kayne, President and CEO, Canfor. “The additional manufacturing capacity in Alberta positions Canfor well to meet the growing demand of our customers for high-quality, sustainable wood products.”