February 3, 2017 -- Stora Enso is investing EUR 28 million at its Heinola Fluting Mill in Finland to meet a growing customer demand globally.The investment improves quality as well as increases production capacity of its AvantFlute SC product portfolio. Implementation of the investment is scheduled to start immediately with completion in the second quarter of 2018.

The new coating machine for thermal paper will be installed in the Leitza plant (Spain), thereby replacing the old P1 coater. This is part of Lecta’s Strategic Plan aimed at diversifying business and reinforcing its specialty papers and reducing the production capacity of coated woodfree paper.

UPM renews its long-term financial targets. In the new targets, the business area return targets and the comparable ROE target have been increased. Comparable EBIT growth has been introduced as a new group-level target. A new financial policy on leverage based on net debt/EBITDA has been introduced the cash flow-based dividend policy remains unchanged.

Graz, January 31, 2017 -- International technology Group ANDRITZ has acquired technology and intellectual property assets from Franssons Recycling Machines AB, located in Sundsvall, Sweden.

Seattle, WA -- China imported record-high volumes of softwood lumber in 2016 and softwood log imports reached their second highest level on record. Despite relatively pessimistic forecasts for wood demand early in 2016, China’s need for imported wood picked up during the summer and fall with import volumes of both logs and lumber being up about 20% in the 4Q/16 as compared to the 4Q/15. Total importation of logs and lumber (in roundwood equivalents) reached almost 76 million m3 in 2016, which was up 17% from 2015, and almost 38% higher than five years ago.

Jussi Pesonen, President and CEO, comments on Q4 and full year 2016 results: \"Year 2016 was financially a record year. It demonstrates the results of our transformation and sets the stage for the future: Today\'s UPM is earnings growth oriented, capable and financially strong. Now we have the opportunity to seek new horizons and continue to aim higher.

Ahlstrom Corporation summary of the Financial Statements Release 2016. Record high profitability in 2016 with accelerated sales growth in the last quarter of the year.

UPM states that it is not engaged in negotiations on a pulp mill investment with the Uruguayan government. As earlier announced, the company is considering prospects and prerequisites for long-term development in Uruguay. Currently UPM is engaged in discussions with the Government of Uruguay on infrastructure development.

SCA CEO’S COMMENTS: Organic sales for the full year 2016 increased by 2% and were affected by a somewhat challenging market situation for hygiene products and capacity reductions. Adjusted operating profit, excluding currency translation effects, acquisitions and divestments, increased by 8%, and the adjusted operating margin increased by 0.6 percentage points to 11.9%. The adjusted return on capital employed increased by 0.5 percentage points to 12.5%.

To meet the growing demand for high-quality tissue and strengthen the product offering in the UK, SCA is investing in a through-air drying (TAD) machine at its tissue plant in Skelmersdale. SCA has also decided to close an older tissue machine in Stubbins and signed an agreement to divest its tissue plant in Chesterfield to Sidcot Group Limited. These measures are part of SCA´s Tissue Roadmap and are aligned with the company’s strategy to streamline production and secure capacity for future growth to increase value creation in the Tissue business area. Both initiatives are subject to customary consultation with employee representatives.