Crown Van Gelder B.V. offers certified large format sheets with ColorPRO Technology for HP PageWide XL Pro Printer Series

UPM Raflatac’s RafCycle™ recycling service recently won the 2024 Innovator Award for Innovation in a Recovery Technology or Practice at the Sustainable Packaging Coalition (SPC) Impact event. ”This award is a testament to our ongoing commitment to contributing to the circular economy. By collecting and recycling the release liner waste through RafCycle service, we help businesses in the label industry meet their sustainability goals. This is true not only for our customers, but their customers as well,” said Michael Garretson, Manager, RafCycle, UPM Raflatac Americas. The SPC Innovator Awards recognize meaningful contributions and advancements towards more sustainable packaging. The awards showcase the outstanding collaboration behind extraordinary advancements in sustainability. Recognized as the original label release liner recycling service, RafCycle by UPM Raflatac has over 400 partners worldwide.

Pelican Lake First Nation and Witchekan Lake First Nation and Paper Excellence Canada announced today the signing of a Letter of Intent that sets out the intentions of all parties to build a collaborative relationship with each other in Saskatchewan. “We now have agreements with all the industries around us,” said Chief Peter Bill of the Pelican Lake First Nation. Chief Anne Thomas of the Witchekan Lake First Nation added, “First and foremost in establishing a partnership is standing on common ground with a vision based on positive values. Touring the mill gave me an insight to possible opportunities.”

Rayonier Advanced Materials Inc. reported a net loss of $23 million or $(0.36) per diluted share for the quarter ended June 25, 2022, compared to net income of $122 million or $1.89 per diluted share for the same prior year quarter. The net loss from continuing operations for the quarter ended June 25, 2022, was $25 million or $(0.39) per diluted share, compared to net income from continuing operations of $8 million or $0.13 per diluted share for the same prior year quarter. Net income from continuing operations in the prior year quarter included a $25 million tax benefit resulting from remeasuring the Company’s Canadian deferred tax assets at a higher tax rate following the announcement of the disposal. Unless otherwise stated, information in this press release relates to continuing operations.