Michael Grech succeeded Thomas Komin on March 1, 2022 and is thus the new Head of Sales SC Paper for the global sales of supercalendered papers of the “Grapho” brand at Laakirchen Papier. In his function, Michael Grech is the first point of contact for SC customers.
https://www.heinzel.com/en/about-us/news/laakirchen-papier-new-head-of-sales-for-publication-paper/
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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.
HIGHLIGHTS • Pulp sales of 2,537 thousand tons (-9% vs. 2Q20). • Paper sales of 296 thousand tons (+26% vs. 2Q20). • Adjusted EBITDA1 and Operating cash generation²: R$5.9 billion and R$4.9 billion, respectively. • Adjusted EBITDA1 /ton3 from pulp of R$2,166/ton (+56% vs. 2Q20). • Adjusted EBITDA1 /ton4 from paper of R$1,506/ton (+12% vs. 2Q20). • Average net pulp price – export market: US$636/t (+35% vs. 2Q20). • Average net paper price4 of R$4,731/ton (+9% vs. 2Q20). • Pulp cash cost ex-downtime of R$680/ton (+13% vs. 2Q20). • Decrease in leverage to 3.3 times in USD and 3.1 times in BRL.
Appleton Coated today said that it has filed a voluntary state Chapter 128 petition for receivership to allow the company’s operations to continue under the supervision of a court-appointed receiver named by the Outagamie County Circuit Court. Company officials said the petition and appointment of a receiver will allow the company to continue operations under the direction of the receiver, who will lead a process aimed at selling the company’s assets to a buyer who will continue operations. “Despite the best efforts of our employees and ownership group and the introduction of new products, this step is the best option at this point,” said Doug Osterberg, Appleton Coated’s president and chief executive officer. “While the company has made significant progress in diversifying its product offerings and entering new markets, the overall business climate is very challenging, and operating under a state court-appointed receiver is the best route to transition the business to sustained profitability.” He said the company’s bank has agreed to fund operations during the receivership and that the business will continue to operate during the transition. He added the company will be able to pay salary and wages and fund benefits for current employees. Click Read More below for additional detail.