Rayonier Advanced Materials and Tembec Announce Clearance from Germany’s Federal Cartel Office

Q3/2022 (year-on-year) *Sales increased by 15% to EUR 2,963 (2,577) million. *Operating profit (IFRS) increased to EUR 511 (386) million. *EPS was EUR 0.47 (0.38) and EPS excl. fair valuations (FV) was EUR 0.47 (0.37). *Cash flow from operations amounted to EUR 639 (485) million. Cash flow after investing activities was EUR 489 (347) million. Q1-Q3/2022 (year-on-year) *Sales were EUR 8,816 (7,445) million. *Operational EBIT was EUR 1,536 (1,102) million.

Activities surrounding Manufacturing Day will look different this year, but many businesses, employees and communities across North America still plan to highlight the exciting opportunities of a career in manufacturing. This year, we’re excited to focus on careers for women in manufacturing. Over the past several years, a number of organizations have focused on attracting women to careers in all types of manufacturing in fields such as diverse as aerospace production and oil and gas. One such organization is Women in Manufacturing, which provides support to women who are building careers in manufacturing across thousands of companies and at every level of experience. Christy Lathrop, vice president for human resources at Domtar, is a member of Women in Manufacturing and appreciates the opportunity to network and grow with female colleagues.

International technology group ANDRITZ and Paracel S.A., Paraguay, have signed a contract under which ANDRITZ is to supply all process equipment and energy-efficient and environmentally friendly pulp production equipment for Paracel’s 1.8 million ton/year pulp mill to be built in Concepción, Paraguay. ANDRITZ will supply all equipment on an EPC basis. The order value for ANDRITZ will be more than 1.5 billon US dollars. The contract is expected to be booked during 2023.