The Board of the Paper Workers’ Union has confirmed collective labour agreements for all five UPM businesses

As a leader of innovative solutions in the specialty paper industry, Expera has continued to customize its line of food packaging and processing papers with its newly launched brand Prepera™ Food Processing Papers. Expera’s Prepera™ Papers keep individual food slices neatly separate and wrapped, while easily releasing from products that have been vacuum packaged, frozen, or thawed. Offering a breadth of performance options, Expera produces layout sheets for raw and pre-cooked applications as well as paper-based solutions designed to address a variety of needs in today’s refrigerated and frozen food categories. “Prepera™ papers are used in a wide variety of applications and they have the flexibility necessary for unique and demanding applications,” said Robyn Buss, Vice President of Sales and Marketing at Expera. “Whether it’s bacon layout, or an interleave application for cheese or meat, these papers are safe, sustainable, and provide the food release properties necessary for all types of performance.” Click Read More below for additional detail.

International Paper is proud to announce Sylvamo Corporation as the name of its global papers spinoff, with headquarters planned for Memphis, Tennessee. The name Sylvamo speaks to the company's connection to trees and highlights its role as a steward of sustainable forests. Sylvamo combines the Latin words for forest, "silva," and love, "amo." Company leaders translate this unique combination as "love of forests." Sylvamo, currently a subsidiary of International Paper, will be governed by a nine-member board with eight independent directors. Jean-Michel Ribiéras, senior vice president, Global Papers, will serve as the company's chairman and chief executive officer.

The German Felix Schoeller Group sources a small part of its raw material demand of titanium dioxide and starch from the Ukraine. We are currently working on alternative sources to secure our supply. In addition, one of our TiO2 suppliers obtains part of its raw material from the Ukraine. This source is also disrupted. We are working at full speed on the resulting consequences and will inform you shortly. As an energy-intensive company, we are highly dependent on gas and electricity. More than 50% of German natural gas imports are sourced from Russia. We do not expect any bottlenecks in the short term. Nevertheless, we are currently examining possible alternatives to secure our energy supply. We are currently seeing unprecedented prices and very high volatilities in the energy markets. This will therefore also influence our pricing policy.