Sappi Europe forced to increase prices on WFU and WFC grades by 5-8% in October

Kimberly-Clark Corporation (NYSE: KMB) today reported year-end 2017 results and provided its 2018 outlook. The company also announced a new global restructuring initiative and established a multi-year savings target for…

Mactac®, a LINTEC Company, is acquiring Label Supply, headquartered in Ontario, Canada. Label Supply has been servicing the Canadian roll label market for more than three decades. The acquisition is expected to close June 1, 2023, and consists of an established, turnkey facility with 11 finishing assets, a comprehensive transportation/shipping fleet, robust laboratory and technical resource group, and an in-house ink partner. With the added support of Mactac, Label Supply benefits from a larger customer base, capital access, information technology, and broad, consistent product supply. The acquisition expands the geographic reach of both companies in the Canadian market, creating a unique service and product offering that provides specialty products, service, and large quantities to more customers throughout Eastern Canada.

“We are delighted to see the PEFC alliance grow further, even in these challenging times.” said Ben Gunneberg, following the acceptance of UPM. “It is a pleasure for me to welcome UPM into the family as our 31st international stakeholder member.” “On behalf of the company I would like to warmly thank the members for voting for our membership,” said Inka Musta, Senior Manager Global Forest Affairs, after the acceptance at the General Assembly. “UPM is one of the world’s leading forest industry companies. Our head office is in Helsinki, Finland, but we have operations all over the world. We have nearly 19,000 employees and production in 12 countries. Across our six business areas, we create renewable solutions that replace fossil-based materials,” she continued.