Suzano Notice to the Market – Temporary Downtime in Aracruz

Innovation Norway has allocated NOK 15 million in support of building a demonstration plant for the development of fiber composite production at Norske Skog Saugbrugs. This will accelerate the on-going development work to industrialize the production of a new type of biocomposite, which can be included in furniture, packaging and car interiors. Norske Skog Saugbrugs will develop sustainable solutions related to plastic raw materials, fiber blending, technology development and testing of biocomposites. "We want to contribute to reduced plastic consumption by creating new, green products with significantly reduced carbon footprint, and find good solutions to recycle significantly more plastic than today. The plant is crucial for accelerating the industrialization of new sustainable, bio-based products," says CEO Kjell-Arve Kure at Norske Skog Saugbrugs. Norske Skog Saugbrugs is now well under way with the development of finding solutions to problems related to plastic raw materials, fiber blending, technology development and testing of biocomposites. The demonstration facility will be a prerequisite in the further development work to succeed.

During the night between September 5th and 6th, there was a fire in one of the buildings at BillerudKorsnäs’ production unit in Karlsborg and the production has been stopped since then. After analysing the impact of the fire, BillerudKorsnäs now expects Karlsborg to be back to full production during the week starting with Monday September 18th. "The most important thing is that no person has been injured in the fire. We have now assessed the impact of the fire and the work with making the unit ready for start of production is ongoing at high intensity. We expect full production to be reached during next week, i.e. the week starting with Monday September 18th. As it is a complex start-up after this type of event, there is some uncertainty about the exact timing", says Per Lindberg, President and CEO of BillerudKorsnäs. Click Read More below for additional detail.

Verso Corporation announced the appointment of Randy J. Nebel as President and Chief Executive Officer. Mr. Nebel has served as interim President and Chief Executive Officer since October 2020 and has been a member of Verso's Board of Directors since November 2019. "We are pleased that Randy has accepted our offer to transition from the interim role to a permanent position," said Chairman of the Board Sean Erwin. "His more than 40 years of knowledge in the paper and packaging industry, combined with his breadth of executive leadership experience, make him the right choice for this role."