| Thursday, May 14, 2020 - Non Member
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In This Issue |
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#BetterTogether
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COVID-19 Impact
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TAPPI News
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#BetterTogether
- Kimberly-Clark asks that you #ShareASquare. Read More.
- SUN Automation Group donates masks to Medical System and meals to first responders. Read More
Keep the kindness coming. We would love to highlight you and your company during this time. Email your stories or Click Here for our connect forum.
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Fibre Box Association created a video to show gratitude to the Corrugated Industry for continuing operations to meet exceeding demands throughout the pandemic.
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COVID-19 Impact
Commenting on the impact of Covid-19, Sappi Chief Executive Officer, Steve Binnie said: “The impact of Covid-19 on people, business and society has been severe. Sappi’s approach to the outbreak of Covid-19 is guided by our values and purpose. Our priority remains the safety of our people across all of the territories where they are present. This ensures that our operations continue in a safe and uninterrupted manner."
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To be well prepared for the impacts of Covid-19 on its businesses, Metso has obtained new funding totaling EUR 290 million. The new funding consists of a EUR 100 million, two-year term loan from Nordea Bank, which is expected to be drawn soon. In addition, Metso signed four bilateral revolving credit facilities totaling EUR 190 million for one and two years with four banks.
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The Quad City Times reports that a northwest Iowa man is the first person to face a price-gouging lawsuit after the Iowa Attorney General’s Office received complaints he was selling a 12-count package of toilet paper for $86 on eBay. The lawsuit, which carries a penalty of up to $40,000 under the Iowa Consumer Fraud Act, alleges that the person was also was selling a 12-ounce can of Lysol on eBay for $65.99 and a six-count pack of Bounty paper towels for $49.99.
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Kruger Products has made a $200,000 donation to support front-line health-care workers fighting COVID-19 as part of its #RollingItForward initiative.
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TAPPI News
Understanding how kraft recovery boilers work and how they can be maintained and operated efficiently is vitally important to the productivity, profitability and sustainability of kraft pulp mills.
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TAPPI Academy is has introduced a free newsletter. Subscribe to stay connected to events, news, perspectives and opportunities.
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TAPPI Member Deals features some great deals! Shop from home and save on everything from cars to newspapers.
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