Metalvac: Lecta’s high value-added metallized paper

"I am confident that Kevin Kuznicki, with his experience from a variety of positions and industries, is the right person to lead Billerud's journey in the US going forward," says Christoph Michalski, President and CEO at Billerud. “I feel very fortunate to have the opportunity to serve as President for Billerud North America and am optimistic about our future. I am honored to work with such a talented team across the company and look forward to continuing our journey and accomplishing great success together,” says Kevin Kuznicki, incoming President of North America at Billerud. Kevin Kuznicki succeeds Robert Kreizenbeck, who left the company this month.

Ahlstrom-Munksjö has expanded its portfolio of biodegradable and renewable fiber-based solutions for food packaging papers, receiving compostability certification from the Biodegradable Products Institute®. Continuing to be at the forefront of sustainable product offerings, Ahlstrom-Munksjö’s FluoroFree® and ParaFree® food packaging papers produced in North America are now BPI® certified, in addition to offering multiple sustainability attributes in a single product. These certifications facilitate the possibility for Ahlstrom-Munksjö customers, whether converters or brand owners, to achieve their own sustainability goals. By using a scientific process, BPI officially certifies compostable products that meet ASTM D6400 and ASTM D6868 standards for compostability. BPI Certification proves that a material will compost in a commercial composting facility, leaving behind no toxic residue or microplastics.

Resolute Forest Products Inc. reported net income of $87 million, or $1.11 per diluted share, for the quarter ended September 30, compared to net income of $80 million, or $0.99 per diluted share, in the same period in 2021. Sales were $974 million in the quarter, an increase of $157 million from the year-ago period. Excluding special items, the company reported net income of $85 million, or $1.08 per diluted share, compared to net income of $67 million, or $0.84 per diluted share, in the third quarter of 2021. The company reported operating income of $124 million in the quarter, compared to $217 million in the second quarter. The $93 million reduction reflects lower realized prices in wood products ($185 million), partially offset by higher prices in the pulp, paper and tissue segments ($48 million), higher shipments in wood products ($40 million) and lower manufacturing costs ($12 million). The company also recorded higher selling, general and administrative expenses ($17 million), reflecting a higher share-based compensation expense and costs incurred in relation with the acquisition by the Paper Excellence Group.