Saica invests over Euro 100 million in new plant in Barcelona, Spain

Huhtamäki Oyj has signed a EUR 125 million bilateral term loan facility agreement with a maturity of two (2) years. The term loan will be used for refinancing and general corporate purposes of the Group. The facility has a one-year extension option at the discretion of the Lender, and the interest margin is tied to three sustainability indicators: 1. Absolute scope 1 and 2 greenhouse gas emissions amount 2. Share of non-hazardous waste recycled 3. Ecovadis Rating

Total Boxboard production in Q3 increased 10% compared to Q3 2023. The boxboard operating rate was 89.0%, up 8.1 points from the same quarter last year and up 3.2 points year-to-date. Solid Bl. Folding – Domestic production increased 18% compared to Q3 2023. Solid Bleached Boxboard unmade orders were down 3% compared to the end of the previous quarter and increased 62% compared to September 2023. Tube, Can & Drum – Domestic production increased 1% compared to Q3 2023, and was up 1% when compared to the same 9 months of 2023.

At this year's Phoenix Challenge Foundation college competition promoting the flexographic printing industry, Clemson University utlilized UPM Raflatac's new Raflex MDO film labels as part of their team's successful entry. Partnerships with local manufacturers are very important to the university, and with two UPM Raflatac factories less than 100 miles from Clemson's campus, collaboration has never been easier. Raflex MDO films balance the best performance properties of PP and PE for maximum functionality and shelf appeal, which was key to the team's entry. Each year, participating teams are given a prompt and must work with a client/partner to fit into their packaging and promotional needs using flexography. In this year's challenge, Clemson's client/partner was the Flexographic Technical Association (FTA). Clemson's goal was to promote the FTA to younger generations and reinforce their scholarship program. Click Read More below for additional detail.