Resolute Announces Price Increase on Uncoated Freesheet Grades

Sylvamo's board of directors unanimously adopted a limited-duration shareholder rights plan to protect the interests of all shareholders. The rights plan is effective immediately. The board adopted the plan after Atlas Holdings confirmed it entered into a block trade that would give Atlas nearly 14% of Sylvamo's outstanding shares and informed Sylvamo it also holds an unspecified amount of derivatives on Sylvamo shares. Sylvamo's leaders maintain open dialogue with Sylvamo's investors, including Atlas, and plan to continue these conversations. Sylvamo recognizes Atlas' extensive experience in the paper industry.

Metsä Group, which Metsä Board is part of, has today published an updated Green Finance Framework. Metsä Group’s previous Green Finance Framework is from 2019. The Framework enables the continued issuance of green debt instruments in line with the latest market practices and further integrates Metsä Group's 2030 strategic sustainability targets into financing. Metsä Board's financing can be arranged under the Green Finance Framework. The Framework supports financing or refinancing of environmentally sustainable investments that contribute to Metsä Board's key environmental targets in minimizing impact on climate and nature. Metsä Group’s Green Finance Framework has received an updated independent second party opinion from Sustainalytics, verifying the alignment with Green Loan Principles 2023 and Green Bond Principles 2023 and considering the eligible green assets and expenditures as credible and impactful.

The Sappi Saiccor mill situated in Umkomaas, KwaZulu-Natal hosted a high-level delegation from the office of the outgoing MEC for Economic Development, Tourism and Environmental Affairs (EDTEA), Ms Nomusa Dube-Ncube, as part of the KZN International Investment Conference today. The MEC was accompanied by the Deputy Mayor of Ethekwini, Councillor Belinda Scott and the TIKZN Chairperson, Ms Ina Cronje. This combined R7,7bn investment is aimed at increasing capacity and global competitiveness, significantly reducing the environmental footprint of the company and equipment and process upgrades and improvements. its Saiccor Mill in Umkomaas. Not only will fossil fuel CO2 emissions be halved and SO2 emissions be reduced by 37%, but water use efficiency will improve by 17% and waste to landfill reduced by a massive 48%. This all, while increasing the mills’ capacity by 110,000 tons per annum and creating additional future permanent employment for 120 people and saving the company at least R300m per annum through improved and more efficient processes.