Felix Schoeller Group: Energy surcharge as of December 1, 2021

The transaction includes the acquisition of CPG’s Carmignano and Condino Mills in Italy, its digital imaging business located in Cham, Switzerland as well as all brands and know-how. It will be funded through internal cash resources. The transaction is conditional on the approval from certain competition authorities. We expect the acquisition to be completed during the first calendar quarter of 2018. The main benefits of the acquisition include: *Supports Sappi’s diversification strategy and 2020vision to grow in higher margin growth segments. Strengthens Sappi Europe’s speciality and packaging papers footprint and skills; adds 160,000 tons of speciality paper to our capacity. *Increases Sappi’s relevance in speciality papers, opening up new customers and markets to Sappi’s existing products and generating economies of scale and synergies. Click Read More below for additional information.

Paper Excellence Canada announced that 1057863 B.C. Ltd, Northern Pulp Nova Scotia, Northern Timber Nova Scotia and other related non-operating affiliates (collectively, “Northern Pulp”) have obtained an initial order under the Companies’ Creditors Arrangement Act (“CCAA”). The initial order stays proceedings against Northern Pulp in order to provide it with an opportunity to restructure its business and financial affairs. Paper Excellence Canada has not sought relief in the CCAA proceedings. Northern Pulp owns a pulp mill in Pictou County, Nova Scotia. The pulp mill, which had been operational since 1967, was forced to stop production by January 31, 2020, after the Province of Nova Scotia’s decision to require Northern Pulp to cease using the Boat Harbour Effluent Treatment Facility (BHEFT). This left the mill with no ability to treat or transport pulp effluent. Since January, Northern Pulp has been conducting a safe and environmentally sound hibernation of the mill, which would allow it to reopen in the event a proposed new Effluent Treatment Facility (ETF) receives the necessary approvals.

Lecta is expanding its range of Adestor self-adhesive materials and services with the launch of the new line of Adestor Standard Films adhesive film products. This new line of standard products includes both polypropylenes, which offer rigidity and high transparency, as well as polyethylenes, which fit perfectly on flexible or compressible packaging, with various finishes and thicknesses that cover a broad range of applications. The launch of this new line also represents an increase in our services for roll products, including the grades most in demand in the Exact Cut program, allowing on-demand product widths to be ordered at preset reel lengths. The entire Adestor range is manufactured in accordance with the ISO 14001 and EMAS environmental standards, the ISO 50001 energy management standard, the ISO 9001 quality standard, and the ISO 45001 occupational health and safety standard.