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The speculation comes as the company is set to close the sale of its personal care business this quarter and after the company announced last month that CEO John Williams would be taking temporary leave after contracting Covid.

Novolex announced that Dennis Norman has been appointed Chief Financial Officer, effective March 1, 2021. In this capacity, Norman will lead Novolex's finance organization and will be responsible for finance, accounting, treasury, risk management and information technology.

Loewe joins Weyerhaeuser from Visa, where she served as senior vice president of finance, and she brings more than 20 years of financial and operating experience across multiple industries.

Further to the announcement on December 10, 2020, hygiene and health company Essity has now entered an agreement with hygiene company Asaleo Care to acquire the remaining 63.8% of the shares in the company for AUD 1.40 cash per share. Asaleo Care is listed on the Australian Securities Exchange and Essity is the largest shareholder, currently holding 36.2% of the shares.

The last month has seen pulp and paper mills in the United States struck by outside forces out of their control. Or were they? First, WestRock was reportedly invaded by a ransomware attack. We will not know what the damage was there until the next quarter's earnings are reported. Then, southern mills, especially in Texas but throughout the south, were crippled by a severe winter storm. What are the learnings?

The PM40 closed Thursday, 25 February 2021, at 3867.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

The PM40 closed 25 February 2021 up 23.8% from the 28 February 2020 level.

In this issue of Disconnected Comparisons, we evaluate Ennis, Inc and Amcor.

Brazilian pulp group Suzano and Finnish cellulose fibre startup Spinnova will build a plant in Finland to make a sustainable textile fibre from wood and waste.

The Ministry of the Environment says it will continue to look into an incident where Resolute Forest Products was discharging "higher than normal contaminant levels" through its effluent into the Kaministiquia River.

The Ministry of the Environment says it will continue to look into an incident where Resolute Forest Products was discharging "higher than normal contaminant levels" through its effluent into the Kaministiquia River.

Through close and enduring collaboration BillerudKorsnäs and Tetra Pak aim to push the figure of renewable material from wood fibre in carton packages towards 100%. Already today the figure is about 70%. New innovations to further increase the sustainability of packages are since long top of the agenda for both companies.

A venture part-owned by Finnish forestry group Stora Enso, Sweden's H&M and IKEA said on Tuesday it was set to build a demonstration plant in Sweden for a new, more sustainable wood-based textile fibre after years of research.

Port Hawkesbury Paper is developing a wind farm project that could be the largest in Nova Scotia.

This April 27-29 we'll be hosting a series of parallel Energy & Natural Resources events online, including the International SAP Conferences for Building Materials, Forest Products, Paper & Packaging and Mining & Metals.

Smurfit Kappa announced the launch of a new packing system for its sustainable TopClip product, a paper-based replacement for plastic shrink wrap that bundles beverage multi-packs.

UPM has joined The Climate Pledge, a cross-sector community of world-class companies working together to crack the climate crisis and to decarbonise our economy. These companies are committed to reach the targets of the Paris Agreement well in advance. The Climate Pledge was co-founded by Amazon and the Global Optimism.

Kadant Black Clawson LLC and Kadant Lamort SAS, subsidiaries of Kadant Inc., announced the global launch of the Foundations fiber product line. The integrated stock preparation product portfolio was developed to address the application challenges facing the fiber processing industry today including highly variable raw material, alternative fibers, dirtier furnishes, getting more with less, and short supply of industry knowledge and dependable support, among others.

Republic Paperboard installed and commissioned a new curtain coater system, which was built by Voith and will allow Republic to produce coated Gypsum Linerboard for the first time.

Oji Fibre Solutions has appointed ABB to supply a specially-designed winder safety system - the first of its kind in New Zealand - as well as a winder drive control system and DCS880 drives.

Caverion has signed an agreement with Metsä Fibre, part of Metsä Group, for the installation of electrical and ICT systems in the world's most modern sawmill under construction in Rauma, Finland. The project includes all electrical installations for the building solutions, such as electricity distribution, lighting, telecommunications, fire alarm and emergency lighting installations.

Toscotec successfully accomplished an extensive rebuild of Russian containerboard manufacturer JSC Yarpaper's PM1 at their mill in Yaroslavl, near Moscow. PM1 has a wire width of 2,830 mm and produces 100% recycled-based fluting and test liner in the range from 90 to 175 gsm.

The new bioproduct mill will have an annual pulp production capacity of 1.5 million tonnes and in addition produce various other bioproducts. The new totally fossil fuel free mill is scheduled to start-up in the third quarter 2023.

Lecta expands its portfolio of Adestor pressure-sensitive products for the industrial, logistics and healthcare industries with the launch of Adestor PET Laser MW.

As more states, counties and cities ban plastic bags, DS Smith, the leading supplier of sustainable packaging solutions, now is offering grocery stores and consumers Greentote, the first reusable, moisture-resistant, modular, 100% recyclable container made from renewable resources.