Page 12 - PWM2024_APRIL EBOOK

NEWS CONSUMABLES AND PAPER

Ekman acquires Allan Morris Sappi Europe
to hike prices

recycling in North Wales, UK announced a further price
Sappi Europe has
increase for its coated and
uncoated fine papers. Sappi
Ekman & Co AB ture. With Ekman, we gain explained that during
announced that it has access to expertise, new January and February prices
acquired Allan Morris partners, and financial for coated and uncoated fine
Recycling located in strength, which will support papers were increased, but
Deeside, Flintshire, North our continued growth.” not to the levels necessary to
Wales, UK. Financial terms The A lla n Morris maintain a viable business.
of the deal, which was com- Recycling plant processes a “Cost levels, particularly for
pleted on March 26, were wide range of paper and pulp and transport have con-
not disclosed. According to recyclable materials up to tinued to increase heavily
Ekman, the Allan Morris 75,000 tonnes per year. and are expected to escalate
Recycling business, which Allan Morris Recycling processes paper and recyclable materials Ekman Group provides a further in the coming
operates one of the most the two businesses will Director, along with his key complete range of services months,” Sappi said.
advanced paper recovery bring. staff, whom we welcome for the pulp and paper Sappi will renew price
facilities in the country, will “We have been working with open arms and look industries, covering market negotiations to reach 10%
operate as a wholly owned with Allan Morris Recycling forward to working with for information and research, with implementation by 1
subsidiary of Ekman & Co in recent years, and we have many years to come,” invoicing and documenta- May. “Sappi Europe remains
AB, trading as Allan Morris always been impressed with Chowdhary said. tion, warehouse administra- fully committed to serving
Recycling. their professional and flexi- Robertson commented, tion, transportation and the printing business and will
Pankaj Chowdhary, ble approach to doing busi- “Our relationship with insurance, advance pay- work closely with its custom-
Managing Director of ness and I am particularly Ekman has always been pos- ments and financing, cur- ers to ensure the best possible
Ekman Recycling Limited, pleased that Carl Robertson itive, and their long-term rency and interest rate outcome throughout the
is excited about the opportu- will remain within the busi- commitment and credibility hedging, and price risk print media value chain,” the
nities that the integration of ness as its Managing align perfectly with our cul- hedging. company said.
KaiCell’s Paltamo Pulp Mill Forest Stewardship

Venture gets permit Council US president

Finla nd ’s Supreme Forest Stewardship
Administrative Court on Council United States (FSC
March 27 declined to hear US) announced the appoint-
the remaining appeals that ment of Sarah Billig as its
were filed against the new President following a
R e g io n a l St a t e comprehensive internal and
Administrative Agency’s July external search. Billig steps
2020 decision to approve into the role succeeding
KaiCell Fibers Ltd’s environ- Stuart Hale, Forestry Sarah Billig
mental permit application Program Manager for the
for a 600,000 tonnes per year US and Canada Carbon a t t h e Men d o c i no
softwood pulp mill in Markets Team at The Companies, she was key in
Paltamo. The lower court’s Nature Conservancy, who expanding sustainability
decision, endorsing the per- The proposed pulp mill will be built in Paltamo, Finland has been serving as Interim initiatives, enhancing certi-
mit with minor modifica- through such a long legal is indeed an optimal location President while also fied lands, and spearhead-
tions, is thus upheld and the process despite having met for our mill, both in terms of Co-Chairing the Board of ing entry into new markets
permit is valid. all requirements set by Finland’s post-Ukraine-war Directors. including carbon sequestra-
“Considering the really Finland’s stringent environ- fibre balance. We are also With nearly 25 years of tion.
strong local support our pro- mental regulatory frame- more convinced than ever expertise in forestry and FSC is an independent,
that global demand for
ject enjoys, and the substan- work, and been approved by Nordic softwood pulp will natural resources manage- non-profit organization that
tial economic benefits the the responsible state author- remain on an upward trajec- ment, Billig brings a wealth sets standards under which
mill would bring to the ity,” said Hannu Heikkinen, tory, making a low-cost pro- of experience to her new forests and companies are
whole Kainuu region, it has CEO of KaiCell. “The delay ducer like KaiCell very position. In her previous certified. FSC US is based in
been frustrating to go has highlighted that Paltamo profitable.” role as Stewardship Director Minneapolis, Minnesota.
12 PrintWeek MENA April 2024 www.printweekmena.com