Sugar pulp can be applied as a sustainable substitute for wood fibre to produce paper on an industrial scale. Crown Van Gelder recently signed a Letter of Intent with Cosun Beet Company for the joint development of innovative solutions for sustainable paper and packaging materials.
https://www.cvg.nl/en/news/sustainable-paper-and-packaging-sugar-beets
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Georgia-Pacific announced that it will expand its Dixie to Go/PerfecTouch® cup manufacturing capacity at the Lexington, Kentucky, Dixie facility. This will allow GP to scale its efforts and create a single, world-class manufacturing facility for cupmaking. As part of this, GP will permanently close its Lehigh Valley Dixie cup manufacturing facility in Easton, Pennsylvania, by the end of 2021. Lehigh Valley will continue to make cups to support the business for the next several months as some of its cupmaking equipment is relocated to the Lexington site. With the closure of the Lehigh Valley plant, it means that after 2021 all Dixie cups, including premium hot cups, recycled fiber cups and bath cups, will be made at the Lexington plant. Approximately 190 jobs at the Lehigh Valley facility will be impacted by this closure, while approximately 50 jobs will be created by the expansion in Lexington. As we work through this transition, no supply disruption is anticipated.
Stora Enso has completed the divestment of its Nymölla paper production site in Sweden, and all related assets to Sylvamo, a US-based global producer of uncoated paper. The divestment announced on 15 September 2022 was closed today after regulatory approvals. The enterprise value of the transaction is approximately EUR 150 million. The Nymölla site’s capacity is 485,000 metric tonnes of woodfree uncoated office papers, with Multicopy as the leading paper brand. Based on the 2021 figures, the divestment is expected to reduce Stora Enso’s annual sales by approximately EUR 290 million. Subject to closing date adjustments, Stora Enso will book a one-time disposal loss of approximately EUR 25 million (including currency translation adjustments) in its IFRS operating profit in the first quarter of 2023, as an item affecting comparability.
As previously announced, Julie Schertell, President and Chief Executive Officer of Neenah, will serve as President, Chief Executive Officer, and a member of the Board of Directors. Dr. Jeff Kramer, Chief Executive Officer of SWM, will serve as a strategic advisor. John D. Rogers, Non-Executive Chairman of the SWM Board, will serve as Non-Executive Chair of the Board of Directors. The senior leadership team announced today includes: Omar Hoek, Chief Operating Officer; Andrew Wamser, Chief Financial Officer; Ricardo Nuñez, General Counsel, Secretary & Chief Compliance Officer; Natalie Poteran, Chief Transformation Officer; Sarma Malladi, Chief Information Officer; Mike Rickheim, Chief Human Resources & Administrative Officer