Stora Enso has completed the divestment of its Maxau paper production site in Germany, and all related assets to Schwarz Produktion, part of Schwarz Group. The divestment announced on 13 September 2022 was completed today after regulatory approvals. The enterprise value of the transaction is approximately EUR 210 million. The transaction will reduce Stora Enso’s […]
Tag Archives: sweden
08
Mar
Mar
Recently, Tetra Pak has commenced ground-breaking research towards advancing fiber-based sustainable food packaging, in collaboration with MAX IV – the most modern synchrotron[1] radiation laboratory in the world. The research aims to uncover fresh insights into the nanostructure of fiber materials, with the first application to optimize the composition of materials used for paper straws. […]
02
Feb
Feb
Stora Enso has signed an agreement to divest its paper production site in Hylte, Sweden and all its related assets to Sweden Timber, a Sweden-based sawmill and planning mill company. The enterprise value is approximately Euro 18 million. The completion of the transaction is expected in the first half of 2023. Concerning the Anjala paper […]
19
Jan
Jan
PulPac announced that USA-based manufacturing venture SustainaPac LLC has joined its licensee network and will use Pulpac’s “Dry Molded Fiber” technology to produce single-use food service packaging products for the North American QSR (Quick Service Restaurant) market. PulPac’s Dry Molded Fiber process enables the replacement of multiple single-use plastic products with sustainable fiber-based alternatives at […]
10
Jan
Jan
Canfor Corporation is announcing an extension of sawmill curtailments in British Columbia (B.C.) due to ongoing weak market conditions and the lack of available economic fiber. The production capacity will be reduced through two-week curtailment extensions in January at select solid wood facilities in B.C. This will remove approximately 21 million board feet in addition […]
03
Jan
Jan
Sylvamo today completed the acquisition of Stora Enso’s uncoated freesheet paper mill in Nymölla, Sweden, for 150 million euros. The integrated mill has two pulp lines and the capacity to produce approximately 500,000 short tons of uncoated freesheet on two paper machines. The mill produces several brands, including Multicopy, and paper used for office printing, […]
26
Dec
Dec
SCA has acquired its first wind farm with the purchase of 36 wind turbines in Markbygden in Piteå municipality, northern Sweden. The acquisition is in line with the company’s previously stated goal of becoming one of the Sweden’s leading providers of fossil-free electricity generated by wind power. Twenty percent of Sweden’s installed wind power capacity […]
13
Dec
Dec
The paper sector in France is gradually growing this year, however, will probably be unlikely to exceed the results of 2021. In 2021, in France, the production of paper and cardboard increased by 7%, reaching 7.4 million tonnes, in line with the country’s economic recovery. The turnover of the sector amounted to 5.9 billion euros. […]
News
Nijhuis Saur Industries completes the acquisition of Veolia’s European mobile water services division
03
Dec
Dec
Nijhuis Saur Industries (part of Saur Group) announces that it has finalized the Group’s acquisition of Veolia’s European Mobile Water Services division based on the anti-trust commitments made by Veolia to the European Commission. The former Mobile Water Services will now become Nijhuis Saur Industries’ Mobile Water Solutions division, one of Europe’s leading providers of […]
02
Nov
Nov
SCA said that it will introduce a new reporting segment — Renewable Energy — from January 1, 2023. The decision is in line with SCA’s stated ambition to grow and realize business opportunities in the renewable energy sector. SCA is one of Europe’s leading renewable energy producers. Twenty per cent of Sweden’s wind power capacity […]