Canfor Announces Reduced Operating Schedules at BC Sawmills

Cascades Inc. (TSX: CAS), a leader in the recovery and manufacturing of green packaging and tissue products, invites the media representatives to the official inauguration its new state-of-the-art, 284,000-square-foot tissue converting facility in Scappoose, Oregon .

Lecta extends its portfolio of Metalvac products with the new Metalvac G paper, an extensive range of high substance papers (from 105 g/m2 to 170g/m2), especially designed for high-end graphic applications and premium packaging. Metallized papers are the perfect choice for these end uses where sophistication and exclusivity are the goal, thanks to their glossy metallic appearance, their optimum brightness and their being 100% recyclable mono-material. The new Metalvac G range offers the possibility of creating exclusive packaging, especially for premium look envelopes and gift bags with Metalvac G 105 g/m2, and for board lamination for rigid boxes and prestige packaging with Metalvac G 115 - 170 g/m2. Metalvac G also guarantees the best results in offset, UV offset, flexography and silkscreen printing, and is suitable for hot-melt and water-based glues. Click Read More below for additional information.

Stora Enso has signed an agreement to divest its Nymölla paper production site in Sweden, and all related assets to Sylvamo, a US-based global producer of uncoated paper. The enterprise value is EUR 150 million. Closing is expected in the beginning of 2023, subject to regulatory approvals. The Nymölla site’s capacity is 485,000 metric tonnes of woodfree uncoated office papers, with Multicopy as the leading paper brand. Based on the 2021 figures, the divestment is expected to reduce Stora Enso’s annual sales by approximately EUR 290 million. Stora Enso will, at closing, book a one-time disposal loss of approximately EUR 20 million in its IFRS operating profit, as an item affecting comparability, subject to closing date adjustments.