Ahlstrom-Munksjö has been awarded with EcoVadis Gold rating for the company's sustainability management and performance for a fifth consecutive year. This places Ahlstrom-Munksjö in the top 2% of suppliers assessed in the pulp, paper and paperboard manufacturing industry. Compared with the results from the previous year, progress was made in ethics.
Resolute Forest Products Inc. announced that the board of directors appointed, effective today, Duncan K. Davies as an additional member of the company's board, and that Mr. Davies will succeed Bradley P. Martin as the company's non-executive chairman. Mr. Martin of Fairfax Financial Holdings Limited will continue to serve as vice chairman of Resolute's now eight-member board.
UPM Energy is investing in an ultracapacitor at its Ontojoki hydropower plants, in Kuhmo, Finland. The ultracapacitor will be the first of its kind to be used in a hydropower system and the investment will enable UPM Energy to deliver more and faster reserves from hydropower plants.
Graphic Packaging International, LLC, the primary operating subsidiary of Graphic Packaging Holding Company, announced that it has entered into an agreement for $100 million aggregate principal amount of tax-exempt green bonds due 2061 with a mandatory purchase date of October 1, 2026 (the "Tax-Exempt Green Bonds"). The offering is being executed through the Michigan Strategic Fund ("MSF") Private Activity Bond Program.
Paper Excellence has announced that its Prince Albert facility has been granted a softwood fibre allocation of 1,033,564 cubic meters per year by the provincial government.
Global Win Capital Corporation (GWCC) ultimately owned by Shanying International, announced the appointment of Michael Grimm as its new president and chief executive officer. Grimm assumes day-to-day leadership of the North American business unit and underlying investment in North America which includes Phoenix Paper Wickliffe LLC. Mr. Grimm brings more than 30 years of relevant manufacturing experience to his new role.
An inaugural, green, EUR 1 billion, Regulation S, senior, unsecured, dual-tranche offering with 8-year and 12-year maturities is expected to follow, subject to market conditions.
The incident occurred at the West Fraser Forest Products mill on South Byron Butler Parkway at approximately 3 a.m. Monday, Sept. 13. According to Perry Police Chief Jamie Cruse, the suspect entered the building with two guns, an AR style rifle and 9 mm handgun. He then fired multiple shots near the maintenance area.
