BillerudKorsnäs aims to divest the Beetham mill

First Quarter Operating Highlights: Consolidated net sales of $799 million in the first quarter of 2018 increased by $33 million, or 4 percent compared to $766 million for the 2017 first quarter. The increase in net sales is primarily due to higher prices, partially offset by lower sales volume. The Company sold 662,000 tons of paper during the first quarter of 2018 compared to 699,000 tons a year earlier. Net income of $33 million for the 2018 first quarter increased by $27 million, or 446 percent, compared to the 2017 first quarter. The higher earnings primarily reflects: •Higher selling prices and a better product mix of $48 million, •Favorable productivity of $10 million mainly due to higher mill production, •Lower recycled fiber costs of $6 million. Click Read More below for additional information.

Cascades is pursuing its efforts to reduce its environmental footprint and is once again innovating by becoming the first company in its category in Canada1 to launch 100% recycled plastic packaging that is also recyclable*, for the entire Cascades Fluff & Tuff® line. Creating this resistant, environmentally friendly packaging made from recycled materials has been a major project for the company, requiring several months of research and testing. Deployment of this new packaging will be completed by the end of 2021. In addition to all these attributes were the results of a life cycle analysis conducted by an independent firm of Cascades' polyfilm, confirming that the option containing 100% recycled resin reduces the impact on climate change by 76% compared with its virgin resin equivalent. These results clearly support the recycled option.

Metsä Group is cooperating with Fiskars Group on a brand new fibre-based gift packaging. The innovative Muoto 3D inner packaging and a box made of Metsä Board’s folding boxboard encase Fiskars ReNew scissors made of recycled material. Pure, safe, sustainable, easy to use and recyclable. That is what the plastic-free Muoto 3D fibre packaging, originating in northern forests and set to revolutionise packaging, is all about. Renewable and sustainably grown Finnish wood is the main raw material of the Muoto 3D fibre packaging. The packaging is made of wet wood-fibre pulp in Äänekoski, at Metsä Group’s and Valmet’s joint demo plant.