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UPM and United Bankers' forest funds have signed a contract on forest estate transaction and long-term partnership

UPM and United Bankers' forest funds have signed a contract on forest estate transaction and long-term partnership

(UPM, Helsinki, 18 December 2018 at 11:00 EET) - UPM and United Bankers have today signed a contract on forest estate transaction and long-term partnership. UPM sells over 21,000 hectares of land, located mainly in Kainuu region, to United Bankers forest funds UB Timberland and UB Nordic Forest Fund III. In the long-term partnership UPM commits to manage United Bankers forest property and United Bankers commits to sell a significant amount of wood to UPM annually.

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International News

Beverage Carton companies launch EXTR:ACT platform to boost recycling

Beverage Carton companies launch EXTR:ACT platform to boost recycling

The Alliance for Beverage Cartons and the Environment (ACE) today announced that it has launched a new platform to drive the industry's engagement in carton recycling acr...

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International News

Packaging material a key issue for the climate

Packaging material a key issue for the climate

Switching material from plastic to paperboard can reduce a packaging's climate impact by 99 per cent. For people who influence the choice of packaging material, this sing...

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Industry News

Our Wish List for Canadian Forestry in 2019

Our Wish List for Canadian Forestry in 2019

The debate about the future of Canada's natural resources has dominated 2018. While our friends in the oil and gas sector have been at the centre of the discussions and p...

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International News

Klabin’s Puma unit receives certification unprecedented in industry

Klabin’s Puma unit receives certification unprecedented in industry

The plant was the first in Brazil's pulp and paper industry to receive ISO 50001 certification

Paraná, December 20, 2018 – Klabin's Puma unit in Ortigueira, Paraná was awar...

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Sustainability

Kingsport Mill Tour Highlights Sustainable Forestry, Paper Production

Kingsport Mill Tour Highlights Sustainable Forestry, Paper Production

Domtar is taking the lead in educating the next generation of paper industry professionals about our supply chain, paper production, sustainably forestry initiatives and ...

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Financial News

Cascades Increases Financial Flexibility with the Addition of a Seven Year Term Loan Facility

Cascades Increases Financial Flexibility with the Addition of a Seven Year Term Loan Facility

KINGSEY FALLS, QC , Dec. 21, 2018 - Cascades Inc. (TSX: CAS) (the "Company") announces that it has increased its authorized credit facility to approximately CAN$1 billion ...

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Industry News

Wood supply will be key to Fort Frances mill restart

Wood supply will be key to Fort Frances mill restart

Gaining access to Crown fibre will be a key issue for a potential buyer of the idled Fort Frances pulp and paper mill.

Repap Resources Group notified Resolute Forest Produ...

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International News

Stora Enso completes co-determination negotiations on possible temporary layoffs at Oulu Mill

Stora Enso completes co-determination negotiations on possible temporary layoffs at Oulu Mill

STORA ENSO OYJ PRESS RELEASE 21 December 2018 at 12.45 EET

Stora Enso has completed the co-determination negotiations on possible temporary layoffs with its employees at i...

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Industry News

Don Demens: Forest sector continues to benefit B.C.

Don Demens: Forest sector continues to benefit B.C.

In response to the recent opinion piece "B.C. coastal forests and industry are at a tipping point," I would like to correct some inaccuracies and misconceptions. Western ...

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Industry News

International Paper to re-invest up to $150 million in Coosa mill

International Paper to re-invest up to $150 million in Coosa mill

International Paper is once again planning a major re-investment in its Coosa linerboard mill, to the tune of up to $150 million.

Rather than speaking of job creation, off...

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