Heinzel Group recently announced the successful completion of its acquisition of the Steyrermühl paper mill in Upper Austria from UPM. This strategic move reinforces Heinzel’s commitment to sustainability and growth in the paper and packaging industry. The acquisition agreement for the mill including its roughly 400 employees was signed in June 2022 for a takeover […]
Tag Archives: renewable energy
WestRock, a leader in sustainable fiber-based paper and packaging solutions, today announced it has entered into two virtual power purchase agreements (VPPAs) with ENGIE North America (ENGIE), a subsidiary of ENGIE S.A. and global leader in the net zero energy transition. The VPPAs are designed to add renewable energy to the U.S. energy grid and […]
Cascades deeply regrets and is saddened to announce the death of one of its cofounders, Mr. Bernard Lemaire, at the age of 87. Bernard Lemaire was born in Drummondville, Québec in 1936. In 1960, he joined the family business of waste recovery, Drummond Pulp and Fiber. Four years later, under his impetus, and with the […]
Sappi Europe’s Kirkniemi Mill in Lohja, Finland, has successfully made the switch from using fossil fuels to renewable energy to fuel the production of the Galerie paper range. A €16.5 million investment into state-of-the-art facilities and machinery for the reception, storage and handling of biofuels is the latest in a string of efforts by Sappi […]
Stora Enso has launched a combined Green and Sustainability-Linked Financing Framework to further integrate sustainability into its funding and financing activities. The framework is based on Stora Enso’s sustainability agenda and goals, driving the transformation towards a circular bioeconomy. The combined Green and Sustainability-Linked Financing Framework allows Stora Enso to issue both green and sustainability-linked […]
Hygiene and health company Essity has made another breakthrough on its journey to net-zero emissions by 2050. In a recently concluded pilot, Essity became the first company in the industry to produce tissue in a CO2 emission-free production process using renewable hydrogen at its production facility in Mainz-Kostheim, Germany. Essity initiated the pilot for CO2-free […]
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 […]
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 […]
Kyoto Group AS and Glomma Papp AS have signed a Letter of Intent (LoI). The two companies will enter negotiations of a supply agreement for Kyoto’s Thermal Energy Storage (TES) solution, the Heatcube™. Glomma Papp, a Norwegian corrugated cardboard manufacturer, and Kyoto will jointly complete a detailed technical and commercial evaluation of the feasibility […]
West Fraser Timber is permanently curtailing approximately 170 million board feet of combined production at its Fraser Lake and Williams Lake sawmills and approximately 85 million square feet of plywood production at its Quesnel Plywood mill in Canada. The curtailments will be realized through the elimination of one shift at each facility. The reduction in capacity […]
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