Kingsport Mill Award Highlights Recycling, Sustainability Efforts

Companies in the pressure-sensitive labeling industry have announced a new global industry-wide consortium, CELAB: Creating the Circular Economy for Labeling. UPM Raflatac is acting as one of the key collaborators in CELAB to boost matrix and liner recycling in the pressure-sensitive labeling industry. The consortium aims to facilitate collaboration between companies from around the world and across the supply chain to drive progress on and promote solutions for matrix and release liner recycling. “Our RafCycle recycling service has been developed over the last 10 years and it gives label release liner waste a new life as release liner, face papers, magazine paper and composite material. By bringing our long experience to CELAB, we aim to drive the industry's shift towards the circular economy together with multiple players in the value chain. Furthermore, we aim to accelerate RafCycle development further by strengthening our service offering,” says Juha Virmavirta, Director, RafCycle solutions, UPM Raflatac.

Effective with shipments May 21, 2018, Boise Paper will raise prices by USD 6% on private label and branded office papers, printing papers, and converting papers. • X-9® • ASPEN® • Boise POLARIS® • FIREWORX® • Essential Copy®, Essential 30®, and Essential Bright® • Boise® Copy • Xerographic Paper (rolls and sheets) • Boise® Offset • Boise® ASPEN® Offset • Boise® Opaque • Boise® White Wove Envelope • Boise® ASPEN® Wove Envelope • Boise® FIREWORX® Wove Envelope • Boise® Kraft Envelope • Ledger • Index • All other converting products • All corresponding private label products. All minimums, up-charges and shipping policies remain unchanged.

Sylvamo is announcing it reached an agreement and completed the sale of its Russian operations to Pulp Invest Limited Liability Company for $420 million. After foreign currency exchange rates and transaction fees, Sylvamo received approximately $390 million in cash proceeds. "We made a principle-based decision to exit Russia and believe Pulp Invest is the best option for our Russian colleagues and assets," said Jean-Michel Ribiéras, chairman and chief executive officer. "We intend to use $325 million of the proceeds to repay debt."