NORPAC Announces Price Increase on Newsprint Products for US

Sustana, a manufacturer of premium, sustainable recycled fiber and paper products, announces the appointment of Aaron Ling to Director of Sustainability. In this role Aaron will be responsible for driving the implementation of Sustana’s ESG initiatives and supporting the development of the group’s sustainability strategy. Aaron holds a bachelor’s degree in electrical engineering from Concordia University and has several accreditations and certifications including Economic Sustainable Project Delivery, Decision Analysis Training and is an Accredited Professional from the Green Building Council of Australia. Aaron has 17 years of experience in Corporate Sustainability target setting, reporting and scenario analysis. Aaron has a wealth of international experience having worked in Japan, Canada, Australia, and the United States.

The book you ordered online has arrived and now you want to recycle the cardboard box. You take it to local recycling point, but who is actually responsible for organising the recycling facilities and operations? Many people assume that the local municipals are responsible, but in most cases it is actually the company which produced the product. This is called producer responsibility. “It is common to see producer responsibility for tyres, batteries, consumer electronics and packages,” says Teemu Virtanen, Senior Advisor at Pirkanmaa ELY-Centre. “The companies that produce or import the items are responsible for financing and organising waste management. In practice, companies can’t do it alone, so they use producer organisations.” UPM is committed to supporting the UN’s Sustainable Development Goals and has identified the goals and respective targets where it can have the biggest positive impact through its operations, products, and solutions, or where it aims to minimise any negative impact. The company considers producer responsibility to be part of the SDG 12, with Responsible consumption and production, that being one of the six chosen UPM´s focus goals. The practicalities of producer responsibility can vary from country to country, so UPM is active in each local system. For example, in Finland UPM is a customer of the Finnish Packaging Recycling organisation RINKI.

KP Tissue Inc. and Kruger Products L.P. announced that certain wholly-owned subsidiaries of KPLP have closed financing transactions to fund the previously announced expansion of its Sherbrooke operations. The financings, totalling $240 million, include the previously announced $165 million in investments by Investissement Québec, as well as a credit agreement between Kruger Products SB Inc. and National Bank of Canada, the Bank of Nova Scotia and CIBC who acted as co-lead arrangers and joint bookrunners. The credit agreement includes senior credit facilities in an amount of $75 million to be made available to KPSB. In connection with the financings, KPLP’s credit agreement with National Bank of Canada (acting as administrative agent) was amended to, amongst other things, increase the amount of permitted debt.