Rayonier Advanced Materials Announces Cellulose Specialties Price Increase

Asia Pulp & Paper (APP) announced that it has achieved a gold rating from EcoVadis, the global leader in sustainability assessments, for its continued commitment to corporate social responsibility (CSR) throughout its business operations. This achievement places the company in the top five percent of organizations rated. This is the second time APP has received this recognition from EcoVadis. The rating is based on anextensive assessment of four key areas in APP’soperations in Indonesia and China – Environment; Labor Practice and Human Rights; Sustainable Procurement; and Fair Business Practices. Click Read More below for additional information.

Supremex Inc. announced a plan to further optimize its Canadian envelope operations by reducing expenses and improving resource allocation. Supremex will be closing its Edmonton facility and reducing its Canadian envelope facility headcount by a total of 39 employees, or approximately 5% of its total workforce. These measures will result in annual cost reductions of approximately $2.4 million, before taxes, which will begin to materialize in the current quarter and throughout the first three quarters of 2021 as operations wind down in Edmonton. A one-time charge of approximately $2.5 million, before taxes, will be recorded in the Company’s 2020 fourth quarter results.

Solenis, a leading global producer of specialty chemicals for water-intensive industries, will invest $193 million to expand its operation in the City of Suffolk, Virginia. The company will build a new 80,000-square-foot production facility, packaging facility and tank farm, and add a new rail spur to accommodate production of polyvinylamine (PVAm) polymer products, which are used in paper and cardboard manufacturing. This new facility will be used to grow the existing polymer product line and add additional capacity of this critical monomer to the existing supplier. The project will create 34 new jobs. “Solenis is a global leader in the specialty chemical industry with a 40-year history in the City of Suffolk, and this major investment and expansion demonstrates that manufacturing is thriving in the Commonwealth of Virginia,” said Virginia Governor Glenn Youngkin. “Hampton Roads has the skilled workforce, business climate, and logistics advantages, including our world-class port, to enable Solenis to add significant capacity to supply the international paper manufacturing market.”