Kruger Announces Pricing Actions

The board of directors of Norske Skog ASA has appointed Geir Drangsland as the new CEO as of 1 September. Drangsland succeeds Tore Hansesætre, who has decided to leave Norske Skog after more than 14 years in the company. Geir Drangsland, who has served as the chair of the board since March 2023, steps out of the board of directors to become the new CEO of Norske Skog effective from 1 September 2023. Arvid Grundekjøn has been selected the new chair of the board of directors. Grundekjøn has been member of the board of directors since 2018. "I am pleased to announce Geir Drangsland as the new CEO of Norske Skog. Geir has an extensive background from the forest industry, and has worked closely with the management since his entrance in Norske Skog. At the same time, I will use the opportunity to thank Tore Hansesætre for his valuable contribution in Norske Skog’s transformation journey both as CEO and responsible for the mill conversion projects," says Arvid Grundekjøn, chair of Norske Skog ASA.

Water is one of the world’s most precious resources, and is inextricably linked to combating climate change. According to the UN, 2.2 billion people worldwide lack safe drinking water and the responsible use of water will help reduce floods, droughts, scarcity and pollution. As a leading manufacturer of packaging and paper, water is vital to our global operations and responsible water stewardship is central to how we do business. Since 2014 we have promoted a landscape approach to water stewardship, working together with farmers, local government, and industries, who all share a common interest in maintaining freshwater ecosystems and services.

Mondi has commissioned a crude tall oil plant (CTO-plant) at its Syktyvkar pulp and paper mill. The new equipment allows processing of all sulphate soap generated as a by-product of the pulp production process in the mill. As a result of this investment, the mill will be able to produce up to around 40,000 tonnes of crude tall oil annually. The new CTO-plant produces softwood and hardwood tall oil obtained through sulphuric acid treatment of sulphate soap which is a by-product of the pulp cooking process. Softwood tall oil is used at Mondi Syktyvkar to mitigate pitch deposits at the digesters, while hardwood tall oil is sold to external companies dealing in petrochemical, road construction, paint and coating. In recent years, tall oil has been intensively used for biodiesel fuel production primarily in Scandinavian countries.