Joint Venture

Mondi, a global leader in packaging and paper, has collaborated with Essity and Dow to create new, recyclable secondary packaging for Essity's feminine care products, using renewable materials and post-consumer recycled content that reduces use of fossil-based materials.

Heinzel Holding GmbH and Paracel S.A. jointly announce that Heinzel has entered into an investment agreement to become the strategic equity investor in Paracel, an afforestation and pulp mill project in Paraguay, South America.

Stora Enso and Northvolt are joining forces to create sustainable batteries using lignin-based hard carbon produced with renewable wood from the Nordic forests. The aim is to develop the world's first industrialised battery featuring anode sourced entirely from European raw materials, lowering both the carbon footprint and the cost.

Stora Enso and Tetra Pak are jointly examining a shared beverage carton recycling solution to meet the growing recycling need in Benelux, responding to the demand for circular paper-based packaging solutions.

The Board of Directors of Southeastern Timber Products LLC, an STP-Tolko Partnership (STP) are pleased to announce a $150 million USD capital investment in the STP lumber mill in Ackerman, Mississippi. The partnership is a joint venture between Tolko Industries (U.S.) Ltd. and STP Holdings, LLC. This investment is the next step in an expansion project that will upgrade the mill from 120MMFBM to 250MMFBM annual capacity. The project will conclude in the first quarter of 2024.

Sonoco ThermoSafe's Pegasus ULD® is the world's first FAA and EASA-approved passive bulk temperature-controlled ULD container for pharmaceutical use, which enables it to speed through international air freight handling and customs processes at the lowest possible cost.

One million garments made from post-consumer textile waste and renewable wood. The result of a new collaboration between Södra and Lindex will be included in the Scandinavian fashion company's assortment from early 2023.

Essity and UNICEF in Mexico have signed a new three-year agreement to jointly educate and drive awareness of the importance of good hand hygiene and to break taboos around menstruation. The project, "Hygiene is our right", highlights the rights of children and young people in relation to health, education and gender equality.

Gatik, the market leader in middle mile logistics, today announced a multi-year commercial partnership with Georgia-Pacific, one of the world's largest manufacturers and distributors of tissue, pulp and paper-based packaging, and KBX, the transportation arm for Koch Industries and an independent Koch company. Under the partnership, Gatik will automate part of the Georgia-Pacific-KBX on-road transportation network in the Dallas-Fort Worth metroplex, delivering goods round the clock, 7 days a week across a network of 34 Sam's Club locations.

Klabin, the largest producer and exporter of paper packaging and packaging paper in Brazil, in partnership with Ponsse, the Finnish manufacturer of forest harvesting equipment, developed a pioneering forestry machine named Harbunk. With technology to fulfill all stages of wood harvesting of the whole tree system (Full Tree), the novelty of the market also increases productivity and lowers the costs of this operation, especially in small areas.

Rottneros has started a collaborative project together with Söderberg & Partners in the area of circular economy. The aim is to achieve measurable targets as part of the Group's sustainability work and potentially increase shareholders' opportunities for returns.

Mondi, a global leader in packaging and paper, has collaborated with Austrian mechanical engineering company EW Technology to launch a new machine for paper pallet wrapping that is more efficient and sustainable on small-to-medium production lines.

Stora Enso and wood technology company Modvion are partnering to establish wood as the material of choice for wind turbine towers. The collaboration's purpose is to demonstrate the vast possibilities in using wood in demanding constructions.

Sonoco, one of the leading global sustainable packaging companies, announced favorable results from a recent study by trial with Sustana in collaboration with Kellogg's, providing new opportunities to recycle paper containers.

Ahead of the United Nations World Food Safety Day Tetra Pak announced its new set of research collaborations and programmes to further accelerate efforts to address challenges facing food systems worldwide.

Mondi, a global leader in packaging and paper, has collaborated with Austrian mechanical engineering company EW Technology to launch a new machine for paper pallet wrapping that is more efficient and sustainable on small-to-medium production lines.

Mondi, a global leader in sustainable packaging and paper, has collaborated with German machine supplier beck packautomaten to create a functional paper solution that has the potential to revolutionise eCommerce by replacing plastic packaging and creating right-sized packaging for a wide range of products.

UPM Biochemicals and KRAHN Chemie Deutschland GmbH signed an exclusive distribution agreement to market UPM BioMotionTM Renewable Functional Fillers (RFF) in Germany, Austria and Switzerland. RFF are a completely new category of functional fillers, replacing fossil-based carbon black and precipitated silica. The distribution agreement covers UPM BioMotion™ X10, X20 and X40 product grades to be used in plastics, adhesives and sealants as well as paints and coatings.

Weyerhaeuser Company announced a new partnership with Firefighter Behavioral Health Alliance, Fighting Fires Together, that will provide support and resources for wildland firefighters and their families, as well as increase awareness of the importance of mental health assistance for these first responders.

Joining forces with leading beverage producers, Tetra Pak is launching tethered caps on carton packages. Marking a significant milestone in the company's long-term work on design for recycling, five new tethered cap solutions are currently being introduced across Ireland, the Baltics, Spain and Germany in different product categories - a market first for these geographies.

WestRock Company, a leading provider of differentiated paper and packaging solutions, has announced a partnership with Recipe Unlimited to implement a suite of recyclable paperboard packaging, intended to divert 31 million plastic containers from landfills across Canada each year. The packaging began appearing at Swiss Chalet restaurants in October, 2021 and is now available across all its locations.

Metsä Fibre and Veolia have signed a long-term partnership agreement on the refining of crude methanol generated in pulp production at the Äänekoski bioproduct mill into commercial biomethanol.

Elopak ASA and Nippon Paper Industries have agreed that Nippon Paper will produce and sell Elopak's lineup of Pure-Pak® packaging for liquid food and beverage products worldwide and introduce them to the Oceania region.

Greif, Inc., a global leader and industrial packaging solutions provider, announced today that it has completed its previously announced divestiture of the Flexible Packaging joint venture, or "FPS" for a total cash consideration of $123 million, subject to certain conditions and post-closing adjustments, to Gulf Refined Packaging.

Sonoco, one of the largest global sustainable packaging companies, announced it has acquired the remaining one-third interest in Sonoco do Brasil Participacoes, Ltda, a Brazil-based flexible packaging joint venture, from private investors.