Press Releases

This year there are five start-up companies that are developing: graphene of renewable resources for energy storage, production of electricity from low temperatures, digital risk management tools, traceability systems linked to sustainability reporting, and technology to keep wild animals away from, for example, afforestation areas. For the companies participating in the accelerator, the program is a way to develop their business idea, and to validate and test it in collaboration wi

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International Paper announced today that Chairman and CEO Mark Sutton has requested that the Board of Directors move forward with the next phase of the company's CEO succession plan. This phase in the process will include a comprehensive evaluation of internal and external candidates for Sutton's successor. Sutton will continue in his role as chairman and CEO until his successor is in place. "I am confident that this is the right time to initiate this phase of our multi

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Shawano Specialty Papers, a division of Little Rapids Corporation, started up a TT SYD Steel Yankee Dryer supplied by Toscotec at their paper mill in Shawano, Wisconsin, USA. It replaced an existing cast iron dryer on PM3. Technological advantages The new TT SYD has significantly increased PM3’s production capacity and is ensuring higher operation safety. Compared with the replaced cast iron Yankee, it is delivering substantial energy savings, which red

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Valmet will publish its Financial Statements Review, Half Year Financial Review and two Interim Reviews in 2024 as follows: February 7, 2024 - Financial Statements Review for 2023 April 24, 2024 - Interim Review for January­­–March 2024 July 24, 2024 - Half Year Financial Review for January–June 2024 October 30, 2024 - Interim Review for January–September 2024 The Annual Report for 2023 will be published on February 2

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Minna Björkman, Executive Vice President Sourcing and Logistics, and a member of the GLT, will leave her position in the GLT to assume a business leadership role in Stora Enso’s Packaging Materials division during the fourth quarter of 2023. Until Minna starts in her new role, she will remain a member of the Group Leadership Team. Stora Enso will remove the representation of Sourcing and Logistics from the Group Leadership Team. The new reporting structure of the Sourcing

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The global paper industry is in for a spectacular event as the countdown begins for the much-anticipated 9th edition of the Paper One Show. Taking place from 16-18 April 2024 at the Expo Center Sharjah,UAE, this international paper industry exhibition promises to be a hub for innovation, networking and groundbreaking advances in the paper sector. With over 200 exhibitors from 105 countries converging at the Expo Center Sharjah,UAE, and the 6500 square metres exhibition space expecte

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Stora Enso has progressed with its restructuring actions, announced on 15 June 2023, aimed at strengthening the Group's long-term competitiveness and creating a decentralised and more customer centric operating model. These actions would reduce the number of employees by approximately 1,150. The parts of the change negotiations completed so far, will result in a reduction of 710 employees. Closure of pulp unit in Finland, Biomaterials division Stora Enso

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Ahlstrom is further extending its range of release papers by introducing new products supporting sustainability and circularity in manufacturing Pressure Sensitive Adhesive (PSA) laminates and labels. Ahlstrom strives to develop sustainable products, support the transition to more renewable, bio-based materials, and enable more efficient use of resources. Release Liners are carriers of many PSA labeling materials, allowing highly efficient printing, cutting, and applicatio

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Ponsse Plc has completed an asset item transaction related to its business activities in Oregon. On 7 August 2023, Ponsse announced that it has signed a deed of sale, in which it undertook to sell its maintenance service operations in Coburg, Oregon, in the US to PacWest Machinery (hereinafter referred to as “PacWest”). The transaction included the service centre in Coburg and its machine and spare parts stocks owned by Ponsse North America, Inc, Ponsse’s subsidiar

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The new logistics solution designed for Metsä Group's bioproduct mill in Kemi is ready to serve the mill’s transport needs. The solution includes a new logistics road on Sahansaarenkatu leading to the mill site, an electrified private track to the mill and the warehouse in port of Kemi in Ajos. "The new logistics solution is based on ensuring safety, delivery reliability and quality. Together with our partners, we have built a complete logistics solution to ensur

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