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Toscotec, Fortissue To Launch World’s First Fully Electric Tissue Machine

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Toscotec will upgrade its AHEAD line started in 2015 (PM1) at the facility of Portuguese tissue manufacturer Fortissue in Viana do Castelo, to make it the first tissue machine in the world to operate at 2,000 m/min entirely on electricity. The project is scheduled to be completed by the end......
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Mondi Sets Ambitious Science-Based Plans to Transition to Net-Zero by 2050

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The Net-Zero plan set out by the global paper and packaging leader aligns with the Science Based Targets initiative’s new Net-Zero Standard. January 17, 2022 Mondi has accelerated its plans to take climate-positive actions by committing to transition to Net-Zero by 2050. This next step builds on almost two decades......
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Stora Enso signs a EUR 700 Million Revolving Credit Facility Linked to Sustainability Targets

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For the agreement, Crédit Agricole Corporate and Investment Bank, Nordea, and OP Corporate Bank acted as Coordinators, Bookrunners, and Mandated Lead Arrangers for the facility. December 7, 2021 Stora Enso has signed a new USD 788.45 million (EUR 700 million) revolving credit facility (RCF) contract with a syndicate of 12......