Joint Venture

As Resolute's new cellulose filaments plant at Kénogami, Quebec, Canada, paper mill nears completion, the company is focusing on bringing commercial volumes of this innovative biomaterial to the marketplace.

Greenidge Generation Holdings Inc., a cryptocurrency datacenter and power generation company, has executed a new hosting agreement with Conifex Timber Inc.

Hygiene and health company Essity has entered an exclusive partnership with the global technology company Voith to develop a new tissue making process that will reduce energy and CO2 emissions while cutting water consumption by up to 95%.

Amcor, a global leader in developing and producing responsible packaging solutions, announced a joint research project agreement with Nfinite Nanotechnology Inc. to validate the use of Nfinite's nanocoating technology to enhance both recyclable and compostable packaging.

The expanded distribution will begin later in the first quarter of 2023.

Packaging industry veteran Robert Egan, in partnership with Atlas Holdings, a $16 billion diversified holding company with substantial interests in the global paper and packaging industry, today announced the launch of Packaging Exchange -- a packaging solutions company founded with the mission to re-imagine the packaging supply chain by bringing together our market expertise, proprietary Exchange iO software, and extensive network of industry partnerships.

The global airline industry is looking at using SAF -- which is produced from feedstock such as agricultural waste and used cooking oil -- to meet its net zero emissions target by 2050. Japan plans to be carbon-neutral by the same year.

Rottneros takes the next step for the agreed joint venture project in Packaging in Poland by formally founding the 50/50-owned company together with Arctic Paper. The aim of the company is to build and run the factory to produce moulded fibre trays on a large industrial scale. The project is on schedule and the factory is expected to begin operations at the end of 2023.

The Lenzing Group, the world's leading supplier of specialty fibers, and Sweden's leading pulp producer Södra have reached the next major milestone in their strategic partnership to promote circularity in fashion.

Effective March 1, Sylvamo will add Karl Meyers and Mark Wilde, expanding the company's board to 11 directors.

Stora Enso and Valmet have started collaborating on next-generation lignin product and process development to drive Stora Enso's lignin-based businesses and further improve the performance of the Valmet LignoBoost technology. The objective of the partnership is to further develop the quality and customer value of lignin, increase the supply by optimised process machinery and asset design, and to accelerate the speed of meeting the growing lignin demand of the future.

International Paper Company announced that it entered into an agreement to sell its 50% interest in Ilim SA to its joint venture partners for $484M. The company noted that the sale is subject to regulatory approvals in Russia.

Asia Pacific Resources International Limited ("APRIL"), a member of the Singapore-headquartered Royal Golden Eagle (RGE) group of companies founded by Sukanto Tanoto, has announced its collaboration with enterprise services application, Krealogi, to increase the production capacity and business development capabilities of micro, small and medium enterprises ("MSMEs") in the Riau Province.

Sappi Limited has partnered with EcoVadis, a global leader in third-party evaluations of business sustainability performance, to benchmark and assess the sustainability practices of Sappi's suppliers and encourage their commitment to the United Nations Sustainable Development Goals.

The Cup Collective, a programme founded by Stora Enso and Huhtamaki to capture the value of used paper cups through recycling at an industrial scale, has welcomed its first partners. The new partners include McDonald's, SSP - The Food Travel Experts, C2 Centre, and the National Railway Company of Belgium (SNCB), all further supporting the initiative's ability to significantly increase paper cup recycling volumes in Europe.

The Lenzing Group, the world's leading supplier of sustainably produced specialty fibers, and Renewcell, the Swedish textile-to-textile recycling pioneer, have signed a multi-year supply agreement to accelerate the transition of the textile industry from a linear to a circular business model. The agreement contains the sale of 80,000 to 100,000 tonnes of Renewcell's 100 per cent recycled textile Circulose® dissolving pulp to Lenzing over a five-year period, for use in the production of cellulosic fibers for fashion and other textile applications.

For many years, CellMark and Norske Skog have successfully partnered together through exclusive marketing agreements in North America, South-East Asia, Spain, and Portugal.

Amcor, a global leader in developing and producing responsible packaging solutions, has announced its investment of US$3 million in PulPac, a Swedish company providing disruptive manufacturing technology for low-cost, high-performance fiber-based packaging. Amcor is one of several strategic investors in a cross-industry alliance aimed at driving the deployment of PulPac's technology globally.

SCA and Holmen have agreed to conduct a feasibility study regarding a potential new jointly owned sawmill in Rundvik, Nordmaling municipality in Västerbotten. A new sawmill in Norrland with high production capacity would increase the value of forest assets in the long term.

Georgia-Pacific, in partnership with global venture firm and startup accelerator gener8tor, has kicked off its third 1915 Studios gBETA accelerator program. Welcoming four new startup companies to its fall cohort, Georgia-Pacific's 1915 Studios enables the success of early-stage startups that supply innovative sustainability solutions.

Bast Fibre Technologies Inc. (BFT), the makers of sero™ hemp fibre, announced that it has closed a major strategic financing with Ahlström Capital of Finland. BFT will immediately begin work to expand fibre manufacturing capacity at its US-flagship facility in Lumberton (NC) and its EU-facility near Düsseldorf (NRW).

Sonoco ThermoSafe, a unit of Sonoco and one of the largest global providers of temperature assurance packaging, and United Cargo are pleased to announce a global lease agreement for the new Pegasus ULD® temperature-controlled bulk shipping container. The agreement enables pharmaceutical freight forwarders access to Pegasus ULD® containers directly from United Cargo.

UPM Timber and Lassila & Tikanoja have established a new recycling concept, in which used plastic wrapping is picked up from the customers and recycled into new wrappings. The customers also receive a compensation for the recycling collaboration.

Ahlstrom-Munksjö, Metsä Fibre and 3M, with the help of Earthworm Foundation, continue their close collaboration in responsible wood sourcing.

Huhtamaki and Stora Enso have joined forces to launch a new paper cup recycling initiative, The Cup Collective.