Pulp (paper)

• Global Nanocellulose Market is anticipated to grow significantly through 2028 due to the increasing demand from the packaging industry.
• Therefore, increasing demand from the automotive sector will lead to the growth of Global Nanocellulose market in the upcoming years.
• Therefore, the shift towards sustainable packaging materials increases the demand for Global Nanocellulose Market during the projected period.
• Thus, the rise in demand from the pulp and paper industry is predicted to drive the Global Nanocellulose market during the forecast period.

• Coral on the Great Barrier Reef has regrown strongly after the big losses of 2016 and 2017, when water temperatures were significantly above the long-term average.
• The reef experienced mass bleaching in 2020 and 2022, but temperatures cooled just in time to prevent extensive coral deaths.
• But we can also support the Great Barrier Reef’s resilience by speeding up natural adaptation processes.

How to breed heat-tolerant coral

• But on a tiny scale, coral polyps have their own microbial ecosystems, ranging from symbiotic algae which give coral its colour – and much of its food, from photosynthesis – through to the rest of the coral microbiome.
• To breed coral better able to adapt to the heat, we have to understand how their microbiome works.
• By interbreeding wild colonies of the same species of coral, we’ve found heat tolerance can be passed to the next generation.
• There is real potential to increase coral heat tolerance to improve survival in hotter seas.

Accelerate aquaculture to achieve scale

• To boost our chances of preserving the Great Barrier Reef, we’ll need to be able to scale up these techniques.
• To date, coral restoration and adaptation has been done at relatively small scale and high cost.
• Coral breeding has largely been done by hand, in small laboratory aquarium facilities, which is slow and expensive.
• At our site in Townsville, we’ve made advances in coral aquaculture with the potential to significantly boost production rates while cutting costs.
• As we scale up production, we will be able to deliver large numbers of structures without requiring divers, by using boats or robots.

• Sappi delivered an EBITDA excluding special items of US$106 million against a backdrop of a challenging global economy and significantly weaker paper and pulp markets.
• Net debt decreased by US$49 million from the prior quarter to US$1,176 million.
• Continued weakness in graphic paper markets during the quarter was driven primarily by the destocking cycle and negative consumer sentiment.
• Full details are available at www.sappi.com using the links Investors; Latest financial results

• Major Pulp and Paper Operation in Thunder Bay, Ontario Joins Atlas Holdings' Family of Leading Pulp, Paper and Converting Companies
  GREENWICH, Conn., Aug. 1, 2023 /PRNewswire/ -  Atlas Holdings ("Atlas") announced today the closing of the previously announced acquisition of the pulp, newsprint and directory paper mill operations in Thunder Bay, Ontario ("Thunder Bay" or "Mill") from Resolute FP Canada Inc. by Atlas' affiliate, Thunder Bay Pulp and Paper Inc.
  Thunder Bay is a leading northern bleached softwood kraft and northern bleached hardwood kraft pulp, paper, newsprint and directory producer.
• Kent Ramsay, who has served as General Manager of the Mill since 2019, has been named President of Thunder Bay Pulp and Paper.
• Atlas also announced the appointment of paper and packaging industry executive Randy Nebel as Chairman of the Thunder Bay Pulp and Paper Board of Directors.
• "The Board is looking forward to guiding Thunder Bay Pulp and Paper in this new era for the business.