MM Group has successfully passed ISO 27001 certification

Stora Enso invested EUR 80 million to centralise and modernise wood handling at Imatra Mills to enhance its production capabilities for premium packaging board. The investment will additionally reduce the consumption of process water and mitigate environmental impacts. The project, which started up in the first quarter of 2021, is now complete. The modernisation of Imatra Mills’ wood handling was completed on schedule. From now on, wood will be debarked and handled centrally on Kaukopää Mill’s new debarking line. The project included the installation of a third debarking line, improvements to chip handling systems, and modifications to the infrastructure of the existing wood yard. The centralised and modernised wood handling capacity will improve the stability and efficiency of the process.

Neenah, Inc. announced that on November 19, 2020, its Board of Directors renewed the Company’s share repurchase plan for up to $25 million of its outstanding common stock effective January 2021. The current share repurchase plan remains in effect through December 31, 2020. Purchases by the Company under the program would be made from time to time in the open market or in privately negotiated transactions in accordance with the requirements of applicable law. The timing and amount of any purchases will depend on share price, market conditions and other factors. The program does not require the Company to purchase any specific number of shares and may be suspended or discontinued at any time.

UPM Timber and the Finnish Industrial Union have signed a business-specific collective agreement concerning UPM's sawmill business. The new agreement is valid for three years starting 1 January 2022. Negotiations started in May and the agreement was reached well before the end of the current contract period. UPM Timber's business management, sawmill directors, employee representatives of each sawmill and representatives of the Industrial Union were involved in the negotiations. In this way, the discussions provided diverse points of view and also made it possible to better take into account the wishes of the personnel as well as the special features of UPM's sawmill business.