Glatfelter Announces Price Increase on Tag/Index Products in the US Market

It is the busiest time of the year, when our Nordic forests are being regenerated by planting or seeding. This year, Stora Enso will plant a total of more than 48 million tree seedlings in Finland, Sweden, Russia and Estonia. In northern forests, the planting season is typically about 150 days long, which means that, during this year’s planting season, about 320 000 seedlings are planted every day. Using cultivated plants and seeds, forests can grow as much as 20% faster than they would naturally. This means added value for forest owners and Stora Enso, as well as for nature and the climate. In 2020, Stora Enso invested 68 million euros in forest growth. In 2021, Stora Enso and Tornator are, together, planting 14 million seedlings in Finland. In Sweden, where Stora Enso owns approximately 1.4 million hectares of forest and where seedlings are delivered from Stora Enso's own nurseries, the company is planting 33 million seedlings. Russia follows, with approximately 850 000 plants in Carelia and 250 000 in Novgorod. In Estonia, Stora Enso is planting around 31 000 seedlings in private forests.

Ahlstrom-Munksjö is dedicated to providing sustainable alternatives to non-renewable plastic materials in everyday life. Two new technologies further this goal, solidifying the important role that paper will play in an eco-friendly future. EnduraFlex™ technology creates stretch in crepe and extensible papers, resulting in a product that can compete with alternative flexible materials. Extensible papers are structured to accommodate stretch; the surface of the paper is not affected by its inherent flexibility. Likewise, crepe papers produced with EnduraFlex™ technology showcase new levels of stretch without compromising appearance or functionality. The end uses of EnduraFlex™ papers are widely variable, ranging from use in construction materials to e-commerce and decorative packaging solutions. HydroSize™ papers offer a sustainable alternative to traditional waterproof materials. Ahlstrom-Munksjö has developed enhanced water resistance within paper fibers and structure, preventing product saturation. The resulting papers are able to repel water and other liquids for long periods. This new technological opportunity provides consumers with a water resistant option in several different areas, including agriculture, gardening and various e-commerce packaging solutions such as cold chain insulated packaging.

Canfor Corporation announced that its 70%-owned subsidiary, Vida Group, has entered into an agreement to purchase three sawmills located in Sweden from Bergs Timber for a purchase price of CAD$43 million plus working capital. The three mills, which are located in Vimmerby, Mörlunda and Orrefors, Sweden, will add approximately 215 million board feet to Vida’s annual capacity. With additional investment, Vida anticipates the production capacity of the mills can be increased to 300 million board feet. After taking into account this additional production capacity, Sweden represents 22% of Canfor’s globally diversified operating platforms, plus 43% in British Columbia, 31% in the Southern United States and 4% in Alberta.