Stora Enso’s fourth quarter 2023 impairment test results

ANDRITZ will convert the idled paper machine PM3 at Steyrermühl mill in Austria to produce kraft papers for sustainable flexible packaging. The machine previously produced graphic paper for UPM. The conversion project has been launched by the Heinzel Group, which will take over the Steyrermühl mill from UPM by January 1, 2024. Once rebuilt by ANDRITZ, the paper machine (then PM6) will produce up to 150,000 tons of brown and white low-basis weight kraft paper per year to be sold under the Heinzel Group’s well-established StarKraft brand. The paper will be used for shopper bags, pouches, and other flexible packaging products. Werner Hartmann, COO of Heinzel Pöls, says: “With this investment, StarKraft will become one of the world’s leading brands for bleached and unbleached kraft paper. ANDRITZ PrimeLine technology is already successfully operating at our Pöls and Laakirchen mills. The current rebuild by ANDRITZ will help us expand our product portfolio for sustainable packaging.”

Coca-Cola European Partners (CCEP) announced the introduction of WestRock’s CanCollar® Eco, an innovative paperboard packaging solution, for multipack cans in Spain. The move supports its work, in partnership with Coca-Cola in Western Europe, to remove all unnecessary or hard to recycle plastic from its portfolio, avoiding the use of more than 11,000 tons of virgin plastic a year across the region. WestRock partners with customers to provide sustainable and differentiated packaging solutions that will resonate with consumers. The CanCollar Eco design is based on learnings from commercializing CanCollar® Classic in the U.S. craft beer market since 2017. Initially, Coca-Cola European Partners will launch the new paperboard CanCollar® Eco in the Balearic Islands in November 2020, a first in Europe.

Mondi Neusiedler recently completed the certification process for food safety management and has been awarded the EN 15593 certification by the renowned Swiss certifier SQS (Swiss Association for Quality and Management Systems). Food companies are using the speciality papers and professional printing papers produced at Mondi Neusiedler for their food packaging to combine the excellent print quality, an exceptional environmental profile and highest hygiene standards. The papers are for example converted into bread sleeves, bags, liners, folding boxes or secondary packaging. “For such converting purposes optimal technical paper grades are required and customers can rely on our knowledge and paper qualities,” explains Johannes Klumpp, Marketing & Sales Director Mondi Uncoated Fine Paper. “Our customers are searching for a reliable partner and peace of mind when buying speciality papers for their food contact applications”, says Klumpp. “The certification fulfils exactly this need to ensure consumer safety as it independently proves Mondi Neusiedler complies with international standards in hygiene management. A quality our customers and end consumers can rely on every day”, he clarifies. Click Read More below for additional detail.