Suzano presents an overview of their joint venture with Kimberly Clark.
Suzano – Investor Relations
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The Fedrigoni Group - a leading global player in the manufacturing of specialty papers for luxury packaging and other creative applications, self-adhesive labels and graphic materials, as well as RFID and connected solutions - announced that it has entered into an agreement to acquire a majority stake in POLI-TAPE Group, internationally recognized for the production of high-quality materials for graphic applications, including textile, signage, digital printing and specialties. The POLI-TAPE Group, founded in 1993 and headquartered in Remagen, Germany, employees 370 people located in Germany (incl. two production sites), Italy (incl. two production sites) and Oklahoma, USA (focused on distribution); while its products are distributed in more than 90 countries. Its majority shareholder is the Möhren family along with the Bitburger Group as minority shareholder. The Möhren family will retain a significant share to ensure a smooth transition, during which the POLI-TAPE Management team led by Mark Wehrmann will continue to serve its long-standing customers and partners globally.
Solenis, a leading global producer of specialty chemicals, will increase prices by 7 to 15 percent on all process and water treatment product lines across the EMEA region, effective immediately or as customer contracts allow. The price increase is necessary due to the tightening of raw material supplies globally and escalating energy, packaging and transportation costs.
WestRock Company announced its commitment to setting a new greenhouse gas emissions reduction target that is aligned with current climate science. WestRock has confirmed its commitment with the Science Based Targets initiative (SBTi) and will develop, validate and publish a science-based target within 24 months. “Building on a proud legacy in sustainable forestry and fiber management, we believe in the promise of a sustainable future, and we are committed to working with our customers, our supply chain and the communities where we work to get there together,” said David B. Sewell, chief executive officer of WestRock. “That’s why we have prioritized setting emissions reduction targets to help reduce this critical element impacting climate change.”