Chief Operating Officer Stew Gibson Appointed to FPAC Board

Metsä Group’s next-generation bioproduct mill in Äänekoski came into operation as planned on Tuesday, 15 August 2017 at 6:00 in the morning. Pulp deliveries from the new mill to customers will begin in early September 2017. The construction project was carried out as planned, in accordance with its schedule and its EUR 1.2 billion budget. Before the bioproduct mill started up, the old pulp mill in Äänekoski was shut down and its dismantling is currently in progress. The bioproduct mill will achieve its nominal capacity approximately a year after start-up. The mill will produce 1.3 million tonnes of pulp per year, along with other bioproducts such as tall oil and turpentine. New bioproducts that already complement the product concept include product gas from bark, sulphuric acid from the mill’s odorous gases, and biogas and biofuel pellets from sludge. Click Read More below for more of the story.

Effective with all new and existing orders with confirmed delivery dates of April 22, 2018 or later, Verso Corporation is increasing the transaction price of all Supercalendered grades, including but not limited to: Voyager® web; Superior Gloss® web. The increase applies to all basis weights, bulks, finishes and related private label grades.

Mondi plc announces that it has entered into an agreement to sell its last remaining facility in Russia, Joint Stock Company Mondi Syktyvkar, together with two affiliated entities to Sezar Invest LLC for a total cash consideration of RUB 80 billion to be paid in a series of instalments as set out below. The Business employs approximately 4,500 people and is a leading provider of uncoated fine paper and containerboard to the domestic Russian market.