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Ukrainian Startup Releaf Paper Raises €2.5 million from the European Commission

The European Commission announced the official results of its EIC Accelerator 2022 program, which supports startups and innovative high-risk small and medium-sized businesses that can contribute to rapid economic growth. The winner of this year's program is Releaf Paper, a greentech startup founded in 2021 by Ukrainian innovators: biotechnologist Valentin Frechka (21 years) and businessman Oleksandr Sobolenko (37 years).

Stora Enso plans to divest its consumer board production site and forestry operations in China

Stora Enso has initiated a sales process for a possible divestment of its consumer board production site in Beihai, China. The divestment would also include the Group’s forestry operations in the surrounding region, which supply raw material to the Beihai site. The sales process supports Stora Enso’s strategy to focus on long-term profitable growth within the areas of renewable packaging, building solutions and biomaterials innovations.

Lessebo Paper is launching Lessebo Colours to grow in luxury packaging

Lessebo Paper is launching their new series Lessebo Colours™ to meet the expanding demand for high-quality coloured papers in the luxury packaging market.

Lessebo Paper gains market shares in the paper industry

Lessebo Paper now introduces Lessebo Colours, a new series of environmentally friendly coloured paper. The palette is carefully curated and consists of 48 unique, trending nuances. From elegant green hues to energetic yellow tints.

Ahlstrom Advances Base Paper Technology to Develop Replacement Solutions for Plastic and Film Packaging

Through continued innovation and collaboration with brand owners, Ahlstrom has identified specific technology enabling highly developed base papers – the key to solving the barrier requirements in flexible packaging, while still utilizing the inherent end-of-life benefits that paper has to offer. Ahlstrom has the unique set of capabilities and wide breadth of technical applications to allow them to develop some of the strongest performing base papers available. 

New study shows paper industry could increase on-site renewable electricity and heat generation by 2030

A new study commissioned by Cepi to AFRY, a Scandinavian firm supplying engineering and advisory services, shows the untapped further potential for paper mills to function as renewable energy hubs. The pulp and paper industry could increase its on-site renewable electricity and heat production and, through a ‘swing capacity effect’, sell any excess energy production to the grid, nearby neighbourhoods and other industries.

Lessebo Paper is a member of Paper Profile

Lessebo Paper is now a member of Paper Profile, a product declaration format that was developed by leading European pulp, paper and paperboard manufacturers in co-operation with distributors and industry associations. It uses a standard format for product declarations and commonly agreed calculation rules to give essential information regarding composition, key environmental parameters, environmental management, and wood procurement for individual products. 

Mondi approves €400 million investment in new kraft paper machine at Štětí mill

Mondi, a global leader in sustainable packaging and paper, has announced the approval of a €400 million investment in a new paper machine at its flagship Štětí mill in the Czech Republic. The investment forms part of the Group’s €1 billion expansionary capital investment programme to accelerate growth in sustainable packaging and will further strengthen Mondi’s leading position in the market.

UPM Specialty Papers introduces heat sealable and recyclable UPM Confidio and UPM Confidio Pro barrier papers designed

UPM Specialty Papers presents the latest innovative additions to its extensive selection of sustainable and recyclable packaging papers. UPM Confidio™ and UPM Confidio™ Pro combine moisture-, and grease resistance with excellent heat sealing properties. This makes the materials stand out in the market and offers a concrete competitive edge.
 

Stora Enso has signed an agreement to divest its Maxau paper site to Schwarz Produktion

Stora Enso has signed an agreement to divest its Maxau paper production site in Germany, and all related assets to Schwarz Produktion, part of Schwarz Group, one of the top retailers in the world. The enterprise value is approximately EUR 210 million. Closing is expected in the beginning of 2023, at the latest, subject to regulatory approvals.