The enterprise value is EUR 150 million. Closing is expected in the beginning of 2023, subject to regulatory approvals. Sylvamo’s plan is to integrate the Nymölla site into their global paper business, and the 520 employees in the mill organisation at Nymölla will be part of the transaction.

A last-minute deal prevented a railroad strike for now, but many rail workers remain unhappy with working conditions, including some who protested outside their workplaces Wednesday ahead of votes to approve the new contracts. 

Pixelle Specialty Solutions LLC (“Pixelle”), a leading manufacturer of specialty papers in North America, has announced the mill located in Jay, ME.  The mill produces specialty label and release papers, as well as industrial and packaging solutions for eCommerce and food service. Its two paper machines have a capacity of 230,000 tons annually.

New data derived by YouGov Profiles and published here by Press Gazette shows that UK and US magazine audiences still prefer reading their favourite publications in print. Out of the total 166,000 people polled (111,000 in the UK, 55,000 in the US), only 18% of UK respondents said that they got more enjoyment from reading magazines online vs print, and only 29% in the US.