
Metsä Group’s innovation company Metsä Spring Ltd. and Japanese Itochu Corporation establish a joint venture, which invests approximately EUR 40 million in building and operating a test plant, with the aim to demonstrate a new technology for converting paper-grade pulp into textile fibres. Business Finland, a Finnish governmental funding agency, participates in the financing of the demo project with an R&D loan.
The textile fibre demo plant will be located next to Metsä Group’s bioproduct


Sappi sees its takeover of the specialty paper business of Swiss-based Cham Paper Group (CPG) as offering big opportunities for the two companies and their combined customer base.
In late 2017, Sappi, one of the global producer of dissolving wood pulp, specialty and packaging papers, graphic (printing and writing) paper and biomaterials, entered into an agreement to acquire the specialty paper business of CPG. This included the acquisition of CPG’s Carmignano and Condino Mills in Italy, its













Asia Pulp & Paper (APP) marked the 5th anniversary of its landmark sustainability commitment, the Forest Conservation Policy (FCP). Under the policy, which was developed with the assistance of NGOs and other partners, APP committed itself to achieving deforestation-free supply chain, and to advance towards becoming a more sustainable business. At an event for stakeholders, APP reviewed the progress it has made since 2013, identified challenges, and restated commitments to areas of









