Metsä Board, part of Metsä Group, announced on 1 December 2020 that it had signed an agreement to sell a 30 percent stake in its Husum pulp mill in Sweden to the Swedish forest owners’ cooperative (ekonomisk förening) Norra Skog.
The transaction was completed on 4 January 2021, and its impacts will be included in Metsä Board’s financial reporting as of the January–March 2021 interim report.
https://www.metsaboard.com/Media/Stock-Exchange-and-Press-Releases/Pages/Release.aspx?EncryptedId=BF18C11159280429&Title=Thesaleofa30percentstakeintheHusumpulpmilltoNorraSkoghasbeencompleted
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Mactac continues to focus on delivering premium quality products at competitive prices. The recent inflationary environment impacting our markets has brought about challenges and volatility related to raw material pricing, freight, and the overall availability of key components. We have worked diligently with our suppliers to ensure a reliable supply of materials allowing us to continue to provide outstanding service in the pressure sensitive market. Having already absorbed a significant level of price increases along with indications of continued tightness of supply and price escalation, we find it necessary to recover part of these increased costs with a 5% increase on all Sheet and Graphic products effective on all orders placed beginning January 15, 2018 shipping within our standard published lead-times. Click Read More below for additional information.