Atlantic Contributes to the Largest Conservation Easement Project in South Carolina History

Stora Enso will invest EUR 94 million to grow in renewable materials and to increase competitiveness in consumer board and biomaterials. EUR 52 million will be invested to increase the dissolving pulp production capacity at Enocell Mill and EUR 42 million to enhance the availability of the chemi-thermomechanical pulp (CTMP) at Imatra Mills. Both mills are located in Finland. Enocell Mill, part of the Biomaterials division, will be converted to focus entirely on production of dissolving pulp. The softwood pulp production will be gradually discontinued after the investment. The mill will have a total capacity of 430 000 tonnes dissolving pulp annually, whereof 185 000 tonnes hardwood and 245 000 tonnes softwood dissolving pulp. The investment is scheduled to be completed during the second half of 2019. It is expected to exceed the Biomaterials division’s profitability target, operational return on operating capital (ROOC) of 15%, and to have a positive impact on sales. The investment at Imatra Mills, part of the Consumer Board division, includes a new CTMP drying and re-pulping plant as well as extension of the pulp warehouse. This aims to enhance the availability of CTMP and to drive the commercialisation of micro-fibrillated cellulose (MFC). Due to its high strength and 100% renewable raw materials, MFC is designed to outperform fossil-based materials, such as plastics, in a variety of applications. The project is scheduled to be completed in the first half of 2019. The investment is expected to exceed the Consumer Board division’s profitability target, operational return on operating capital (ROOC) of 20%, and to have a marginal impact on sales. Click Read More below for additional information.

Global sustainable food packaging leader Huhtamaki is donating €600,000 to fund a project that aims to stop the flow of plastic into the Indian Ocean from the Mithi River in Mumbai, India. The project is one of three initiatives that Huhtamaki has funded as part of its 100-year anniversary to address global sustainability challenges and build and learn from circular economy initiatives globally. The Mithi River project is run by a global partnership between the United Nations Technology Innovation Labs UNTIL, VTT Technical Research Centre of Finland, RiverRecycle and Earth5R. Each partner has a unique role in the project which seeks to use emerging technologies to collect plastic waste from the river and raises awareness on effective waste management in order to drive systemic change locally. The project is also focused on developing ways to valorize waste, e.g. by turning it into valuable fuels, chemicals, bio energy and bio fertilizers.

University of Virginia Printing and Copying Services has joined Two Sides North America, the non-profit organization that promotes and encourages the responsible production, use, and sustainability of print and paper. “We are proud to have UVA Printing and Copying Services join us as a member organization. Our Two Sides coalition of university members is now at 14 and includes many schools with in-house printing facilities, and those that offer graphic communications as well as Paper Science & Engineering programs. They are a key part of our network to ensure the facts about print and paper reach the students, teachers and parents,” said Phil Riebel, Two Sides North America President. Click Read More below for additional information.