Papierfabrik August Koehler SE to raise carbonless paper prices in Latin America

Mondi, global leader in packaging and paper, has been chosen by the Jane Goodall Institute Austria as the supplier for the first issue of their new annual magazine Be inspired using Mondi's premium recycled paper brand NAUTILUS®. "By inspiring people to conserve the natural world we all share, we improve the lives of people, animals and the environment. Our partners understand the importance to act sustainable and are equally ambitious to protect natural resources in their field." Dr. Jane Goodall, scientist and founder of the Jane Goodall Institute “When choosing our partners, it is important to us that they share our sustainability philosophy and aspirations. Mondi puts great efforts into recycling paper and a circular economy. NAUTILUS® mission “For the love of nature” is an excellent fit with the values of the Jane Goodall Institute”, says Doris Schreyvogel, Managing Director of the Jane Goodall Institute Austria.

Due to the global pandemic, most students in the United States are starting school online or following a hybrid model that combines remote learning with in-person classes. The move to remote learning means that, in addition to the typical school supplies students need to be prepared and organized in a classroom, many children will need extra supplies to succeed at home. According to Classroom Central, a nonprofit organization that equips students for education, remote learning has actually increased the need for supplies. More families are experiencing financial hardship due to the pandemic, and because they are not in the classroom each day, students have fewer opportunities to share supplies. “Students will need the same supplies at home that they need at school in order to take notes and complete their coursework, including writing utensils, paper and composition books,” says Karen Calder, executive director of Classroom Central.

Canfor Corporation is announcing that it has entered into an agreement with Millar Western Forest Products Ltd. to acquire the company’s solid wood operations and associated tenure for $420 million, including $56 million in working capital. The purchase price represents a multiple of 3 times 2020 and 2021 average EBITDA. Canfor expects to generate at least $25 million in annual synergies principally related to alignment with the Company’s marketing programs and operational enhancements. Millar Western’s solid wood operations, located in Alberta, Canada, will add 630 million board feet of production capacity and have access to a globally competitive, high-quality timber supply. The assets consist of three well-capitalized operations including two sawmill complexes in Whitecourt and Fox Creek and the high-value, specialty Spruceland Millworks facility in Acheson that is dedicated to serving strategic markets and generates higher, more stable returns.