$4.9 Million Investment in Kedgwick, NB

Continuing its leadership in sustainability, the American Forest & Paper Association announced Better Practices, Better Planet 2030: Sustainable Products for a Sustainable Future, a new set of sustainability goals for the paper and wood products industry. “We have been and will continue to be a leader in sustainability,” said AF&PA President and CEO Heidi Brock. “The paper and wood products industry was one of the first U.S. manufacturing industries to adopt quantifiable sustainability goals back in 2011, and today these new ambitious goals will build upon that success in the decade ahead.” Better Practices, Better Planet 2030 advances the industry’s comprehensive sustainability record over the last decade and includes a transparent reporting process for achieving each goal. “Sustainable practices are at the foundation of this industry, which manufactures essential and innovative products used by millions of Americans each day, from renewable resources,” said Graphic Packaging President and Chief Executive Officer and AF&PA Board Chair Mike Doss. “We have a strong track record of delivering on sustainability commitments and these goals will guide our progress further into the future.”

Metsä Group has donated EUR 250,000 each to the University of Helsinki and the University of Oulu. These donations will be allocated to science, agriculture and forestry at the University of Helsinki and to technology at the University of Oulu. Metsä Group wants to invest in developing teaching and research in these fields. “Metsä Group produces recyclable products from northern wood for the daily needs of people around the world. Sustainability, competitive production and the top expertise of our employees lie at the core of our operations. We want to develop forestry and the forest industry, and that requires top quality higher education and research,” says Ilkka Hämälä, President and CEO of Metsä Group.

Lecta announces a price increase on all its Specialty paper grades of 10% effective for deliveries from 1 April 2021 for all European and Overseas markets. The increase is necessary due to the sustained increase in prices of pulp and chemicals along with the sharp increase of freight costs. This follows Lecta’s previous announcement made on Thermal paper grades.