Tag Archives: tissue maker

Velvet Care to halve tissue factory’s carbon footprint with PLN 63 million heat and power plant

Velvet CARE, the consumer tissue producer owned by ESG transformation specialist private equity fund Abris Capital Partners, will slash its CO2 emissions by 46% with an investment of PLN 63 million ($15 million) in a gas-fired combined heat and power plant (CHP). Central Europe’s fastest-growing consumer tissue maker will build the cogeneration unit at its […]

Essity to Sell Its Operations in Russia

Swedish hygiene products group Essity (ESSITYa.ST) has divested its operations in Russia, the company said in a statement on Saturday. The company said it did not expect to see a material financial impact from the winding down of its Russian business. Essity has signed an agreement with a buyer and the transaction has been approved by the […]