Phoenix Paper Completes Inkjet Product Line Launch

Stora Enso will invest EUR 10 million at its Enocell pulp mill in Finland to replace fossil-based heavy fuel oil with renewable pitch oil. This will reduce the environmental impact of the operations and help in reaching the ambitious target for reducing greenhouse gas emissions. Currently, the main energy sources for Enocell pulp mill are renewable black liquor, bark, and saw dust powder, but fossil-based heavy fuel oil is needed when the pulp mill is started up after maintenance stops or production disturbances. By replacing heavy fuel oil with pitch oil that is made from trees, Enocell pulp mill aims at becoming a site running 100% on bio-energy and, thus, reduce its fossil CO2 emissions by almost 70 000 tonnes annually, which is approximately 50% of Biomaterials division’s fossil CO2 emissions, and a significant contribution to achieving Stora Enso’s climate targets.

Domtar leaders, along with numerous Georgia state and local officials, recently broke ground to celebrate the expansion of our Jesup, Georgia-based Engineered Absorbent Materials (EAM)* facility. The project will add a large-scale airlaid production line to the facility, making Domtar a leading nonwovens provider. “This project is an integral part of our long-term strategy to grow our position as a leading global absorbent materials and technology business, offering our customers both fluff pulp and airlaid nonwoven materials,” said Domtar President & CEO John Williams about Domtar’s goal to become a leading nonwovens provider. “Combining EAM’s expertise with our world-class fluff pulp business will allow us to deliver value to our customers, and Domtar, for many years to come.” “When it comes to absorbent hygiene products, what you can’t see is often the most important part,” said Lewis Fix, Domtar vice president, commercial pulp and airlaid. “We design and manufacture customizable, thin and flexible airlaid and laminate materials that keep customers comfortable and dry. Manufacturers incorporate these high-performance materials into a wide range of products sold under the NovaThin® and NovaZorb® brands.”

KPLP Q4 2021 Business and Financial Highlights • Revenue was $424.1 million in Q4 2021 compared to $385.0 million in Q4 2020, an increase of $39.1 million or 10.2%. • Net income was $42.3 million in Q4 2021, compared to a loss of $28.5 million in Q4 2020, an increase of $70.8 million. • Announced additional investment of $111.5 million in the Sherbrooke Expansion Project, for a total investment of $351.5 million. KPLP Full Year 2021 Financial Highlights • Revenue was $1,465.2 million in 2021 compared to $1,516.0 million in 2020, a decrease of $50.8 million or 3.4%. • Net income was $42.0 million in 2021, up from $27.3 million in 2020, an increase of $14.7 million.