International Paper announced a plan to pursue a spin-off of the Company's Printing Papers segment into a standalone, publicly traded company ("SpinCo"). The transaction will result in two streamlined, leading companies well positioned for long-term success. Upon completion of the transaction, International Paper and SpinCo will each be well positioned to create long-term value. The Company expects the separation to be tax-free for the Company's shareowners for U.S. federal Read more...
Resonating with the ambitious EU regulatory targets for reducing waste, UPM Specialty Papers has introduced a new “LinerLoop compatible” label to promote closed loop recycling of release papers used in self-adhesive labels and tapes. Release papers carrying the label qualify for recycling in UPM LinerLoopTM, which is the first commercial-scale closed-loop recycling solution for silicone coated release papers. Currently some 50% of used release papers and matrix materials Read more...
UPM Specialty Papers now offers a compostable solution for paper-based food stickers. UPM LabelCoatTM and UPM LabelCoatTM Prime label face papers are certified as both industrially (EN13432:2000) and home compostable (NFT51-800:2015), helping customers and brand owners meet EU’s Packaging and Packaging Waste Regulation proposal (PPWR) requirements. PPWR aims to ensure that all packaging in the EU must be reusable or recyclable by 2030. It also sets out the requirements that st Read more...
