Sylvamo Releases First Environmental, Social and Governance Report

The Norwegian National Budget for 2023 proposes a reduction of the CO2 compensation to Norwegian industry of approximately NOK 2.7 billion annually. Norske Skog expects a reduction in the CO2 compensation payment to be received from 2023 and onwards of approximately NOK 140 million annually. Yesterday, 6 October 2022, the Norwegian government presented its National Budget proposal for 2023. The budget proposes to reduce the CO2 compensation to Norwegian industry. The CO2 compensation is an EU initiative, which can be implemented at the discretion of each individual member country, designed to mitigate the impact of high CO2 allowance (EUA) prices on electricity costs. The overall ambition is to avoid transfer of energy intensive industries to countries with less strict climate policies outside the EU, this has been termed Carbon Leakage.

Stora Enso has divested 100% of its shares in the Finnish Puumerkki Oy and the Estonian Puumerkki AS to Mimir Invest AB, a global investment firm. Puumerkki is a specialised wholesaler of wooden building materials and was 100% owned by Stora Enso. This divestment supports Stora Enso’s Wood Products division in focusing on its growth strategy and further build on the strength of the premium portfolio of products and services. Puumerkki’s wholesale business does not belong to Stora Enso’s core business. The new owner is in a better position to give Puumerkki the attention it deserves and ensure its long-term development. Puumerkki will continue to be a key customer for Stora Enso’s renewable building materials also going forward. Click Read More below for additional information.

Ahlstrom now launches the Heating, Ventilation and Air Conditioning (HVAC) filter media portfolio from its brand-new production machine in Turin (Italy), supporting our customers in their ambition to offer best performing and premium quality filters to the most demanding end-uses. Uniqueness of our offering comes from state-of-the-art manufacturing technologies which deliver best reliability in performance as well as lower environmental impact. Ahlstrom has used its long experience and extensive competences to develop the complete range of filtration materials which are protecting people and equipment in closed environments. The product range covers today options from ISO Coarse 85% to ISO ePM1 80% rating (ISO16890:2016) in a standard version and in a high permeability version for most challenging requirements. All products have limited flow restriction and extended dust holding capacity with excellent consistency.