Further to the announcement on December 10, 2020, hygiene and health company Essity has now entered an agreement with hygiene company Asaleo Care to acquire the remaining 63.8% of the shares in the company for AUD 1.40 cash per share.
The European paper industry has already delivered a successful decoupling of carbon emissions from economic growth while reducing carbon emissions by 29% from 2005 to date, having product volumes increased and proved the climate friendliness of its products thanks to certified raw materials and a world class performance in recycling.
Stora Enso’s Annual Report 2020 has been published at storaenso.com/annualreport. The Annual Report 2020 consists of five sections: Strategy, Sustainability, Financials, Governance, and Remuneration.
Smurfit Kappa’s planned expansion and modernisation of its paper sacks business in the Latin American market continues at pace.
Arctic Paper is commissioning the expanded hydropower plant at the mill in Munkedal. The investment of just over SEK 100 million increases the power from 2 to 6 MW, which in combination with the planned solid fuel boiler is sufficient to meet up to 80 percent of Arctic Paper Munkedal's energy needs with its own sustainable energy.