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Kimberly-Clark Reports Progress Toward Its 2030 Sustainability Ambitions (relevance: 11.1%, date: Jul 6, 2021)
Kimberly-Clark has published its annual report on sustainability, providing the first update on the company's global progress toward its 2030 sustainability strategy and goals, aimed at addressing the social and environmental challenges of the next decade with commitments to improve the lives and well-being of 1 billion people in underserved communities around the world with the smallest environmental footprint.

Pregis invests more than $14 million in new Atlanta area manufacturing facility to support e-commerce growth (relevance: 11.1%, date: Jul 6, 2021)
The new 298,000 square foot facility will be located in McDonough, Georgia and is the latest in a series of investments in protective packaging manufacturing facilities to support e-commerce demand. Pregis recently announced two manufacturing facilities in Texas, one in Bethel, Pennsylvania, in addition to an existing facility in Elk Grove Village, Illinois.

Australian hygiene company Asaleo Care becomes Essity (relevance: 11.1%, date: Jul 6, 2021)
Essity has finalized its acquisition of the remaining 63.8% of the shares in the Australian hygiene company Asaleo Care. Essity AustralAsia, which is the name of the regional unit going forward, will be consolidated into Essity's accounts as of July 1st , 2021.

Novolex Closes on Acquisition of Flexo Converters USA, Inc. (relevance: 11.1%, date: Jul 6, 2021)
Novolex, an industry leader in packaging choice, innovation, and sustainability, announced it has acquired the business of Flexo Converters USA, Inc. and certain of its affiliates. The intention to acquire was originally announced May 17.

Neenah, Inc. Taking Further Actions to Accelerate Annual Revenue Growth, Profitability and Value Creation (relevance: 11.1%, date: Jul 6, 2021)
Financial implications associated with the closure of the Appleton facility include an estimated annual EBITDA benefit of $7 million to $8 million, excluding estimated one-time cash closure costs of $5 million to $6 million and one-time non-cash charges of approximately $45 million.

Cascades selling controlling interest of RDM Group to Apollo (relevance: 11.1%, date: Jul 6, 2021)
Cascades Inc. is pleased to announce that it has entered into an agreement with an affiliate of funds managed by affiliates of Apollo Global Management, Inc. (together with its consolidated subsidiaries, "Apollo") to sell its 57.6% equity interest in Reno De Medici S.p.A. ("Reno de Medici", or "RDM") for an all-cash price of €1.45 per share, corresponding to a total net cash consideration of approximately €315.3 million (approximately CAN$461 million).

Paper mill loan bill heads to Wisconsin governor's desk despite disagreement over whether federal funds can be used (relevance: 11.1%, date: Jul 6, 2021)
The bill passed 63-35 in the Assembly and 20-12 in the Senate. It would allow the Wisconsin Economic Development Corporation to provide a timber cooperative, which is made up of people throughout the timber industry in the state, a $50 million loan to purchase the Verso Mill in Wisconsin Rapids and a $15 million loan to purchase the Flambeau River Papers Mill in Park Falls.

Andritz to supply two chemi-thermomechanical pulping systems to Nine Dragons Paper Industries in China (relevance: 11.1%, date: Jun 15, 2021)
Andritz has received an order from Nine Dragons Paper Industries to supply two chemi-thermomechanical pulping systems for their mills in China. The start-ups are scheduled for spring and summer 2022.

Valmet to supply a major pulp and board technology delivery to Klabin in Brazil (relevance: 11.1%, date: Jun 15, 2021)
Valmet will supply a large pulp and paper technology delivery to Klabin in Brazil. The order consists of a paperboard making line (PM 28), a complete new fiberline including a new Continuous Cooking G3, and a new bleached chemi thermo mechanical pulp (BCTMP) line, all with extensive scopes of automation and Valmet Industrial Internet solutions. The start-ups of PM 28, the BCTMP line and the fiberline are scheduled for the second quarter of 2023.

Cascades launches its fourth sustainability Action plan "driving positive change" (relevance: 11.1%, date: Jun 15, 2021)
In the context of the upcoming World Environment Day, and following a year of work and consultations with stakeholders, Cascades, the 17th most sustainable company in the world according to Global 100, is pleased to launch its fourth Sustainability Action Plan, the most ambitious in its history: "Driving Positive Change".

IP completes sale of corrugated packaging business in Turkey for $80M (relevance: 11.1%, date: Jun 15, 2021)
International Paper Company has completed the sale of its 90.38% shareholdings interest in Olmuksan International Paper to Mondi Group for roughly €66 million ($81 million). This Olmuksan business includes five corrugated packaging facilities in Turkey, with an annual converting capacity of three hundred thousand tons.

Södra, Lenzing teaming up (relevance: 11.1%, date: Jun 15, 2021)
Lenzing, a leading global supplier of wood-based specialty fibers, and Södra, a world-class producer of pulp, signed a cooperation agreement today, June 02, 2021, with the clear objective of making a decisive contribution to addressing the enormous textile waste challenges of the industry and the society.

Northern Pulp submits new proposal to Nova Scotia Environment Department (relevance: 11.1%, date: Jun 15, 2021)
Northern Pulp has submitted a proposed plan to the Nova Scotia Environment Department that a company official says will "transform" the beleaguered and shuttered Pictou County mill.

Metsä Group plans to expand the production of mechanical wood products at the Äänekoski mill site (relevance: 11.1%, date: Jun 15, 2021)
Metsä Group has started a planning process with the City of Äänekoski with the aim of expanding the production of mechanical wood products at the Äänekoski mill site in the future.

UPM launches collaboration with Aalto Design Factory to promote sustainable design (relevance: 11.1%, date: Jun 15, 2021)
UPM has entered a partnership with Aalto Design Factory to study sustainable design. Aalto Design Factory will investigate the extent that sustainability guides designers' choices and explore new perspectives and ways of addressing sustainability throughout the life cycle of products and services. For example, decisions on materials are often made already during early design phases, and these have a significant impact on the resulting product sustainability.

American Eagle Paper Mills Announces New Employee Owners (relevance: 11.1%, date: Jun 15, 2021)
American Eagle Paper Mills announced today Allan Bobb, Machine Room Superintendent, and Colin Symons, Furnish Prep Manager, have become the first employees invited to the ownership team since the Mill reopened in 2003.

Mondi Signs New EUR750 Million Sustainability-Linked Facility (relevance: 11.1%, date: Jun 15, 2021)
Mondi PLC said that it has signed a new five-year multicurrency revolving credit facility worth 750 million euros ($909.5 million) and linked to certain sustainability targets.

DS Smith paper machine is setting new records in power-efficiency (relevance: 11.1%, date: Jun 15, 2021)
The papermaking industry has a reputation for being energy hungry. But another investment in innovation at our Kemsley mill has cut the power consumption of our paper machines.

Valmet strengthens its environmental systems business with two acquisitions (relevance: 11.1%, date: Jun 15, 2021)
Valmet has on June 9, 2021, entered into agreements to acquire EWK Umwelttechnik GmbH, a German company manufacturing and supplying air emission control systems and after-installation services, and ECP Group, a Finnish manufacturer and maintainer of air emission control systems. These acquisitions complement Valmet's customer offering in environmental technologies and related services.

Asaleo Care's shareholders accept Essity's offer to acquire remaining shares in the company (relevance: 11.1%, date: Jun 15, 2021)
Further to the announcement on February 16, 2021, that the hygiene and health company Essity had entered an agreement to acquire the remaining 63.8% of the shares in the Australian hygiene company Asaleo Care, Essity today notes the announcement by Asaleo Care, that the company's shareholders voted in favor of accepting Essity's offer.

Smurfit Kappa Invests €11.5m In German Paper Mill (relevance: 11.1%, date: Jun 15, 2021)
Smurfit Kappa has announced an investment of €11.5 million in its Zülpich paper mill in Germany, which produces approximately 500,000 tonnes of paper annually.

WestRock announces sweeping leadership changes (relevance: 11.1%, date: Jun 15, 2021)
WestRock Company announced the future retirement of Jeff Chalovich, president of Corrugated Packaging and chief commercial officer, after an incredible 23-year career with WestRock. Moving forward, WestRock has also announced an evolution of its commercial and operational leadership structure and team reporting to president and chief executive officer, David B. Sewell.

Smurfit Kappa acquires corrugated operation in Peru, expanding footprint in Latin America (relevance: 11.1%, date: Jun 15, 2021)
Smurfit Kappa Group, one of the world's largest integrated manufacturers of paper-based packaging products with operations in Europe and the Americas, is pleased to announce that it has completed the acquisition of Cartones del Pacifico, a leading paper-based packaging company in Peru.

IP targeting $700 million of debt reduction through a tender for several note issues (relevance: 11.1%, date: Jun 15, 2021)
International Paper Company announced that it has commenced a cash tender offer (the "Offer") for up to $700 million aggregate purchase price (excluding Accrued Interest (as defined below) and excluding fees and expenses related to the Offer ) (the "Aggregate Maximum Amount") of its outstanding 4.400% Notes due 2047 (the "4.400% Notes"), 4.350% Notes due 2048 (the "4.350% Notes"), 4.80% Notes due 2044 (the "4.80% Notes") and 5.000% Notes due 2035 (the "5.000% Notes," and, together with the 4.400% Notes, the 4.350% Notes and the 4.80% Notes, the "Notes"). The terms and conditions of the Offer are described in the Company's offer to purchase dated June 7, 2021 (as may be amended or supplemented from time to time, the "Offer to Purchase").

Canfor to invest $160 million in new sawmill in Louisiana and halt greenfield project in Georgia (relevance: 11.1%, date: Jun 15, 2021)
Canfor Corporation says will invest approximately US$160 million to build a new sawmill near DeRidder, Louisiana. The company will receive state and local incentives in support of the project. The facility will have an annual production capacity of 250 million board feet on a two-shift basis and will directly employ about 130 people plus create significant additional indirect jobs.