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Tag : Sustainability

News updates

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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Voith will be Operating Climate Neutrally at all its Sites as of January 1, 2022

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The proportion of renewable energies in the Voith-wide electricity mix could be increased from 44 percent in the previous year to 87 percent. January 15, 2022 Voith has achieved an ambitious sustainability goal, i.e. of the beginning of 2022, the Group has successfully reduced the CO2 emissions at all its......
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Stora Enso to invest EUR 23 million at its Varkaus Mill in Finland

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With the investment, the flexibility of the product range and the Varkaus mill site’s total capacity will be increased by around 10 percent. While the environmental impact assessment (EIA) and the preparatory work for the investment will be immediately started, the expansion is expected to be completed by 2022-end. December......
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Premier Packaging Launches 100 percent Easily Recyclable Paper Packaging

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The innovation enables the processing of heat-sealable paper bags and it can be incorporated in standard packaging equipment, loading and sealing, and vertical forming machinery. December 21, 2021 Scotland-based Premier Packaging has introduced – PaperLock™, an alternative to polyethylene (PE) packaging. This product, approved by the U.S. Food and Drug......
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CMPC will acquire Brazil’s Iguaçu Celulose Papel

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As a part of CMPC’s strategy to cement its position in the sustainable packaging market, the acquisition of Iguaçu has been signed for Brazilian Real 45.7 million (~USD 166.02 million. Brazil-based Iguaçu is in the business of manufacturing paper, paper and cellulose bags. December 18, 2021 Chile-headquartered pulp and paper......
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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......
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Amazon France Aiming to Reach 100 Percent Cellulose-Based Packaging

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The e-commerce major asserts that flexible paper pouches or cardboard envelopes “are more easily recyclable by waste collection and treatment services.” November 25, 2021 By the end of 2021, Amazon France will eliminate single-use plastic packaging used for shipping its packages to France. The plastic bags will be substituted with......
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SPRING Report Analyses Sustainability in Packaging

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In a new report by SPRING, ‘Recover’ is called the “New Third ‘R’”, replacing ‘recycling’ in the typical ‘Reduce, Reuse, Recycle’ triad of waste management. The conclusion of the report emphasises the importance of using a diverse range of approaches to sustainable packaging development. November 24, 2021 In a new......
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Ilkka Hämälä, President and CEO of Metsä Group Appointed as the Chairman of Cepi

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In the new role at the helm of the confederation, Mr. Hämälä will be held responsible for closely working with EU Institutions in support of the European Green Deal and facilitating an environment enabling the investments in the pulp and paper industry. November 20, 2021 Ilkka Hämälä, President and CEO......
HEADLINE Special Feature

PACK-A-BOO: Paper Packaging an Answer to Sustainability Issue

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Packaging is not just the technology of containing, protecting, and preserving a product but also the face value of a commodity. A creative aspect of marketing – packaging is an art that has the potential to make or break a product. Being cost-effective and highly efficient, paper is one of......