Joint Venture

Huhtamaki has completed the acquisition of full ownership of its joint venture company Laminor S.A. in Brazil. Laminor is specialized in high-quality tube laminates, particularly for oral care applications, and was set up in 2002 as a 50/50 joint venture together with Bemis Company, which is now part of Amcor.

Metsä Board, the leading European producer of premium fresh fibre paperboards and part of Metsä Group, is one of the founding members of the recently established European Paper Packaging Alliance (EPPA).

Under the collaboration agreement signed between Football club HJK and Kotkamills, a manufacturer of fully recyclable food service board, HJK is aiming to significantly reduce the carbon footprint of its matches in the upcoming season.

Reference is made to the stock exchange notice on 14 February 2020 where it was informed that the board of Sniace, Borregaard's partner in Spain, intended to apply for liquidation of the company.

Bast Fibre Technologies Inc. (BFTi) and Georgia-Pacific, through its consumer products business, announced that they have entered into a global licensing agreement for a suite of patents related to the application of intact plant-based bast fibres in a variety of nonwoven products and processes.

Mondi, leading global packaging and paper manufacturer, has partnered with Cartro, a leading provider of corrugated packaging in Mexico, to enter the fresh produce segment with a new avocado box that is sustainable by design.

DS Smith and Keep Scotland Beautiful have teamed up on the Cup Movement® - an initiative designed to offer coffee cup recycling in the Greater Glasgow area.

Performance BioFilaments Inc. is pleased to announce the availability of high performance nanofibrillated cellulose (NFC) starting in 2021.

As a result, International Paper's ownership interest in the partnership will decrease to 18.3% from 21.6%.

Kotkamills, a manufacturer of fully recyclable barrier boards, has signed a significant collaboration agreement with Lavazza Professional.

Resolute Forest Products Inc. says it will spend $27 million to add a plant to produce cellulose filaments at its Kenogami paper mill in Quebec.

Metsä Board, part of Metsä Group, is participating in a joint project called SEED, led by VTT Technical Research Centre of Finland, in which forest companies are developing new digital solutions together with companies in the ICT industry.

The Lenzing Group and Duratex will build a 500,000 tons dissolving wood pulp plant in the State of Minas Gerais, Brazil. The start-up is planned for the first half of 2022.

Huhtamaki has agreed to acquire full ownership of its joint venture company Laminor S.A. in Brazil. Laminor is specialized in high-quality tube laminates, particularly for oral care applications, and was set up in 2002 as a 50/50 joint venture together with Bemis Company, which is now part of Amcor.

Pinnacle Renewable Energy ("Pinnacle") announced the planned construction of a new industrial wood pellet production facility in the southeast United States in close proximity to Pinnacle's Aliceville, Alabama facility.

Oji Holdings Corporation announces that Oji HD and ISHIZUKA GLASS Co., Ltd. have concluded a basic joint venture agreement on paper container-related business.

Innovation Norway has allocated NOK 17 million for research and development of fiber composites at Norske Skog Saugbrugs and Borregaard.

EcoVadis announces its sustainable procurement partnership with Klabin, Brazil's largest paper and board producer and exporter. Together, the two companies will drive sustainability excellence across the global pulp and paper supply chain through proactive monitoring and assessment of supplier performance and risk.

Pinnacle Renewable Holdings entered into a limited partnership agreement with Tolko Industries Ltd. to build a new industrial wood pellet production facility in High Level, Alberta, Canada.

Atos, a global leader in digital transformation, and Stora Enso have entered a global partnership to bring new automated retail solutions and services to the market.

The goal of Forests in Focus is to provide customers, brand owners and investors with user-friendly analyses of the sustainability strengths and risk profile of forested lands across specified landscapes.

BillerudKorsnäs, together with partners, proudly presents Paboco, the paper bottle company, uniting leading experts in material, design and technology, and supported by world-leading consumer brands to bring sustainable progress to the bottling industry.

A successful experiment by the University of Cambridge Institute for Sustainability Leadership (CISL), brings Sappi together with major global brands (Sainsbury's, BNP Paribas, Unilever, Barclays, Standard Chartered and Rabobank) showing how a new model of blockchain and other data sharing technologies can enhance the sustainability of global supply chains without increasing production costs.

SKF and Nordic Paper have signed a five-year fee- and performance-based contract. The agreement aims to improve Nordic Paper's productivity, health and safety and sustainability performance.

In a joint project for the Swiss cardboard and paper packaging solution provider PAWI Verpackungen AG, Sun Chemical and leading color software company Esko have successfully implemented seven-color expanded color gamut (ECG) printing at PAWI's facility in Winterthur.