Laakirchen, 26th August 2020 / Following today’s announcement by the Swedish SCA Group about discussions regarding a possible closure of its paper machines in Ortviken (Sweden) and consequently possible effects on various corporate divisions of the group, the Austrian paper manufacturer Laakirchen Papier AG comments on this issue as follows:

SCA intends to invest SEK 1,45bn in the production of chemically pre-treated thermo-mechanical pulp (CTMP) at the Ortviken paper mill in Sundsvall. In parallel, SCA is initiating consultations with trade unions and employee representatives to discontinue the production of publication paper at the mill.

Metsä Board's Kyro mill will be 150 years old this year, 2020. The wood grinding plant along the Kyröskoski rapids was started up in 1870. Since then, the Kyro mill has manufactured market wood pulp, groundwood, sawn timber, various papers and paperboard for international markets.

Metsä Group’s innovation company Metsä Spring and Valmet have decided to continue the development collaboration related to 3D fibre products and hence, to invest jointly approximately EUR 20 million in a new R&D project.

Daio Paper Corporation (Chiyoda-ku, Tokyo; hereinafter, “Daio”) hereby announces that its Board of Directors has resolved at a board meeting held today (August 7) to start fluff pulp production for use in absorbent hygiene products such as disposable diapers.

The European Investment Bank (EIB) will support The Navigator Company, a major Portuguese industrial group and Europe’s leading pulp and paper manufacturer, with a €27.5 million loan for the construction and operation of a new biomass boiler at their integrated mill facility located in Figueira da Foz, a cohesion region in Portugal.

With the HYFLEXPOWER project, a consortium made up of ENGIE Solutions, Siemens Gas and Power, Centrax, Arttic, German Aerospace Center (DLR) and four European universities are implementing a project funded by the European Commission under the Horizon 2020 Framework Program for Research and Innovation (Grant Agreement 884229).

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