Ian(id62)

Ian(id62)

Clearwater Paper Corporation (NYSE: CLW) today announced it has agreed to acquire Cellu Tissue Holdings, Inc., an Alpharetta, GA-based integrated manufacturer of tissue products (NYSE: CLU), for approximately $502 million, including equity value of approximately $247 million and net debt of approximately $255 million. Clearwater Paper will pay $12.00 per share in cash for Cellu Tissue's outstanding common stock and intends to fund the acquisition using a combination of existing cash on hand and $350 million of debt financing. Clearwater Paper has secured a financing commitment for the transaction from BofA Merrill Lynch.

Clearwater Paper believes the acquisition will be immediately accretive to earnings per share before taking into account an estimated $15-$20 million in net annual cost synergies expected by the end of 2012. The acquisition has been unanimously approved by both companies' boards of directors and is expected to close in the fourth quarter of 2010, following Cellu Tissue stockholder approval, regulatory clearances, and other customary closing conditions. Weston Presidio and Russell Taylor, Cellu Tissue's chief executive officer, which together own approximately 56% of Cellu Tissue's common stock outstanding, have agreed to vote their shares in favor of the transaction.

"We are very pleased to have the opportunity to rapidly expand our tissue manufacturing footprint through the acquisition of Cellu Tissue and create a combined company with much stronger operational scale to better serve private label tissue customers. This acquisition, coupled with the previously announced construction of our new tissue machine and converting facilities in Shelby, North Carolina, is expected to provide both short and long-term value to our shareholders," said Gordon Jones, chairman, president and CEO. "Clearwater Paper already has a national sales footprint, and this acquisition gives us a rare opportunity to immediately have a national manufacturing presence to increase service to our existing private label grocery customers and expand into new private label channels," added Jones.

The expected strategic and financial benefits of the transaction are as follows:

  • Opportunity for Clearwater Paper to establish a national manufacturing presence as a papermaker and converter of tissue products
  • Customer growth with existing and new customers
  • Increased Through-Air-Dried (TAD) capacity
  • Logistical improvements through shipping and transportation synergies
  • Combined company annual revenues expected to be approximately $1.9 billion
  • Immediate accretion to earnings per share before synergies
  • Expected annual net cost synergies of $15-$20 million by the end of 2012

Cellu Tissue's well-developed private label and specialty tissue businesses, which include 10 sites, complement Clearwater Paper's existing private label tissue and pulp and paperboard businesses.

In connection with the acquisition of Cellu Tissue, Clearwater Paper intends to tender for or defease Cellu Tissue's outstanding 11.50% senior secured notes due 2014.

BofA Merrill Lynch acted as financial advisor and Pillsbury Winthrop Shaw Pittman LLP acted as legal advisor to Clearwater Paper. Goldman, Sachs & Co. acted as financial advisor and King & Spalding LLP acted as legal advisor to Cellu Tissue.

CONFERENCE CALL INFORMATION

A live audio webcast and conference call will be held today, Thursday, September 16, 2010 at 8:30 a.m. Pacific time (11:30 a.m. Eastern time). Investors may access the conference call by dialing 877-303-9241 (for U.S./Canada investors) or 760-666-3575 (for international investors). The audio webcast may be accessed on the company's Web site at http://ir.clearwaterpaper.com/events.cfm. An accompanying presentation will be available for downloading at the same site at 5:30 a.m. Pacific time (8:30 a.m. Eastern time). The webcast will be audio only. Investors are recommended to download the accompanying presentation prior to the call.

For those unable to participate in the call, an archived recording will be available through the Clearwater Paper Corporation Web site www.clearwaterpaper.com under "Investor Relations" following the conference call.

FORWARD-LOOKING STATEMENTS SAFE HARBOR

This press release contains certain forward-looking statements regarding the proposed transaction between Clearwater Paper and Cellu Tissue, including but not limited to statements regarding expected accretion to earnings, the estimated amount of annual synergies resulting from the merger, expected combined company annual revenues, the benefits of the proposed transaction to Clearwater Paper stockholders, opportunities for growth with existing customers and new customers in new channels, tissue production facilities and the expected timing of closing. Actual events or results may differ materially from those contained in these forward-looking statements. Among the important factors that could cause future events or results to vary from those addressed in the forward-looking statements include, without limitation, risks and uncertainties arising from the possibility that the closing of the transaction may be delayed or may not occur; difficulties with the integration process or the realization of the benefits expected from the proposed transaction; Clearwater Paper's ability to obtain debt financing to fund the acquisition price; general economic conditions in the regions and industries in which Clearwater Paper and Cellu Tissue operate; changes in the cost and availability of wood fiber used in the production of the companies' products; and litigation or regulatory matters involving antitrust or other matters that could affect the closing of the transaction. In addition, please refer to the documents that Clearwater Paper and Cellu Tissue file with the Securities and Exchange Commission ("SEC") on Forms 10-K, 10-Q and 8-K. The filings by Clearwater Paper and Cellu Tissue identify and address other important factors that could cause events or results to vary from the forward-looking statements set forth in this press release. Clearwater Paper and Cellu Tissue are under no duty to update any of the forward-looking statements after the date of this press release to conform to actual results.

ADDITIONAL INFORMATION AND WHERE TO FIND IT

Cellu Tissue intends to file with the SEC a preliminary proxy statement and a definitive proxy statement and other relevant material in connection the merger. The definitive proxy statement will be sent or given to the stockholders of Cellu Tissue. Before making any voting or investment decision with respect to the merger, investors and stockholders of Cellu Tissue are urged to read the proxy statement and the other relevant material when they become available because they will contain important information about the merger. The proxy statement and other relevant materials (when they become available), and any other documents filed by Cellu Tissue with the SEC, may be obtained free of charge at the SEC's website at www.sec.gov, at Cellu Tissue's Investor Relations website at cellutissue.com/investor (click "SEC filings") or from Cellu Tissue by contacting Investor Relations by mail at 1855 Lockeway Drive, Suite 501, Alpharetta, Georgia 30004, Attention: Investor Relations, or by telephone at (707) 407-2164.

PARTICIPANTS IN THE SOLICITATION

Clearwater Paper and Cellu Tissue and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from Cellu Tissue stockholders in connection with the merger. Information about Clearwater Paper's directors and executive officers is set forth in Clearwater Paper's proxy statement on Schedule 14A filed with the SEC on March 29, 2010 and its Annual Report on Form 10-K for the year ended December 31, 2009 filed with the SEC on February 26, 2010, respectively. Information about Cellu Tissue's directors and executive officers is set forth in its proxy statement on Schedule 14A filed with the SEC on June 25, 2010. Additional information regarding the interests of participants in the solicitation of proxies in connection the merger will be included in the proxy statement that Cellu Tissue intends to file with the SEC.

ABOUT CLEARWATER PAPER

Clearwater Paper manufactures quality consumer tissue, bleached paperboard and wood products at six facilities across the country. The company is a premier supplier of private label tissue to major retail grocery chains, and also produces bleached paperboard used by quality-conscious printers and packaging converters. Clearwater Paper's 2,500 employees build shareholder value by developing strong customer partnerships through quality and service.

ABOUT CELLU TISSUE HOLDINGS

Cellu Tissue Holdings, Inc. is a North American producer of tissue products, with a focus on consumer-oriented private label products and a growing presence in the value retail tissue market. For more information, visit Cellu Tissue's website at www.cellutissue.com.

For additional information on Clearwater Paper, please visit our website at www.clearwaterpaper.com.

SOURCE: Clearwater Paper Corporation

Clearwater Paper Corporation
News media:
Matt Van Vleet, 509-344-5912
or
CFO:
Linda Massman, 509-344-5905
or
Investors:
IR Sense
Sean Butson, 509-344-5906

The Pallmann Group, the leading specialist in size reduction technology, announces the appointment of Mr Uwe Wicht as Vice President of its newly-formed recycling division.

The appointment, which took effect on 1st September 2010, reinforces Pallmann’s increased focus on the recycling side of its business. In 2010 the Group consolidated its recycling activities into a separate division to manage its rapid growth within the industry.

Mr Wicht heads a global team from the recycling division’s headquarters in Zweibrücken, Germany. He brings with him a strong background in senior management within the machine manufacturing industry, particularly the waste and recycling sectors.

Pallmann’s recycling division manufactures machines for, among other applications, the processing of wood, paper, tyres, batteries, metals, plastics, glass, cable, foam, e-scrap and fibreglass.

It recently launched a pioneering new shearing ledge shredder – the Puma – which enables fine and coarse shredding of abrasive products such as plastic containers, rubber parts, plastic film, recovered paper and cardboard containers.

“Pallmann is an innovative company, with the sector’s largest research and development team committed to creating machinery and systems that support the latest needs in recycling,” comments Uwe Wicht, Vice President Recycling Devision. “We are growing quickly in this industry and, as we progress, intend to develop new systems for optical sorting as well as our more traditional machinery. I am pleased to join the company as it moves into a new phase of its development.”

 
The family-owned Pallmann Group manufactures custom-made size-reduction machines and complete systems for flaking, cutting, pulverising, pelletizing, agglomerating, micronising, fractionating, and recycling. It has a staff of 700 employees worldwide, production facilities in Germany and Brazil, and sales offices in the USA, China and Russia. Around 80% of its machines are exported, of which 50% go to European countries.

Pallmann Group GmbH
PALLMANN - a family organization for 7 generations, started out as flour millers and mill designers. Founded in1903, the present company is a major machine manufacturer with worldwide capacities, specializing in size reduction and preparation techniques in various industries, offering more than 1000 machine designs. The largest size reduction program of its kind fills applications for any soft through medium hard, brittle to viscoplastic and fibrous products.

The PALLMANN group of companies employs approximately 700 experienced and highly qualified employees. Manufacturing facilities, subsidiary companies, custom grinding plants and sales offices in Europe, North- and South America, Asia and China assure competent service and support during planning, installation, start-up and spare part supply for our machines and systems, worldwide.

Progress through experience is and always will be the basis of our corporate policy. As PALLMANN does not only build machines but also supplies complete systems, to include the valuable application know-how, as well as schooling of the operating personnel. New techniques and methods are developed and tried in our own facilities before they are passed on to the customer. From concept to start-up, for any desired capacity, PALLMANN does it all.

Despite our enthusiasm for our tasks, we are always focusing on our customers' success. Therefore it is only logical that PALLMANN is operating the world's largest Research and Development Center in Zweibrücken and is working on those developments that determine tomorrow's market.

To find out more about Pallmann Group GmbH, please visit www.pallmann.eu.


For further information, please contact:

Rolf Gren
Pallmann Group GmbH
Phone +49 6332 802 103  

Email This email address is being protected from spambots. You need JavaScript enabled to view it.

Paulien Boumans
EMG
Phone +31 164 317 015    
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Metso has concluded employee negotiations concerning all personnel groups at its Juankoski plant on December 16, 2010.

The negotiation proposal was given on October 20, 2010 due to economic and production reasons. In the proposal the need for personnel reduction was estimated at maximum 25 persons. In the negotiations, the number of personnel reduction was determined at 12. In addition to the lay-offs, there will be temporary lay-offs at Juankoski plant in case the production load weakens from the present situation. Possible temporary lay-offs will be executed by the end of 2011. The amount of personnel at the Juankoski plant is about 260.

With the above measures the operations at Juankoski plant will be adjusted to the present production and financial situation. In addition to personnel reductions and possible temporary lay-offs, operations will be made more efficient and cost efficiency will be improved also through other measures in order to secure competitiveness and operations also in the future. These measures include among others increasing personnel’s versatile skills and job rotation, changing shift work systems and possible outsourcing of some operations during 2011.

Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 27,000 employees in more than 50 countries. www.metso.com

For more information:
Reima Kerttula, President, Fabrics business line, tel.+358 400 648 458
Jari Stålhammar, Senior Vice President, Production, Fabrics business line, tel. +358 40 501 4239

Ahlstrom, a global leader in nonwovens and specialty papers, announces that it has completed the divestment of three dust filtration product lines in Bethune, SC, USA, to Andrew Industries.

Ahlstrom announced earlier this month the sale of the three production lines in Bethune and its Wuxi plant in China to Andrew Industries. The divestment of the Wuxi plant, which also makes dust filtration material, is anticipated to be completed in the first quarter of 2011.
 
For further information, please contact:
Seppo Parvi
CFO
+358 10 888 4768

Ahlstrom in brief
 
Ahlstrom is a global leader in the development, manufacture and marketing of high performance nonwovens and specialty papers. Ahlstrom´s products are used in a large variety of everyday applications, such as filters, wipes, flooring, labels, and tapes. Based upon its unique fiber expertise and innovative approach, the company has a strong market position in several business areas in which it operates. Ahlstrom's 5,800 employees serve customers via sales offices and production facilities in more than 20 countries on six continents. In 2009, Ahlstrom's net sales amounted to EUR 1.6 billion. Ahlstrom's share is quoted on the NASDAQ OMX Helsinki. The company website is at www.ahlstrom.com.

Jukka Pahta, 44, has been appointed Executive Vice President and Chief Financial Officer of Pöyry PLC. He will become a member of the Group Executive Committee of Pöyry PLC and report to Heikki Malinen, President and CEO of Pöyry PLC. Jukka Pahta will be based at the Pöyry headquarters in Vantaa, Finland. He will take over his new duties on 1 March 2011 at the latest.

Jukka Pahta has extensive and strong professional expertise in leading finance, treasury and IT functions. Jukka Pahta is currently Executive Vice President, Chief Financial Officer and Deputy to Chief Executive Officer of Myllykoski Oyj. Before joining Myllykoski, Jukka Pahta had a central role in IT and systems development at M-Real, where he was based in the United Kingdom for five years. Jukka Pahta holds a M.Sc. (Economics) degree from Turku School of Economics, Finland and a MBA from the London Business School.

Heikki Malinen, President and CEO, Pöyry PLC:
"I am very pleased to have Jukka Pahta join Pöyry's executive team. Jukka Pahta is an experienced finance professional and brings a solid understanding of finance, treasury and IT. During his career, Jukka has led extensive systems development projects and increased the effectiveness of finance and control processes."

Jukka Pahta comments: "It is really inspiring to join Pöyry in these interesting times. The selected strategy in Engineering Balanced Sustainability gives a sound platform for business development and profitable growth globally. I look very much forward to being able to contribute to that process in my role as the CFO."

Johan Brink, acting CFO of Pöyry PLC will continue in Pöyry PLC Group Finance reporting to Jukka Pahta.

PÖYRY PLC

London, December 2010: Butler Tanner & Dennis, the UK's premier colour book printer, can announce a significant investment in new machinery with the purchase of the first Very Large Format (VLF) press of Heidelberger Druckmaschinen AG (Heidelberg) in the UK.

The new Speedmaster XL 162-6+L is a six-colour press with coater that will be delivered to the Frome based printer in early January 2011. The Speedmaster XL press range has already established itself as a proven peak performance technology which has been extended into the very largest sheetfed formats. The XL 162 is Heidelberg's largest press. Two key tools on the Butler Tanner & Dennis press are the Fully Automatic two minute plate change and Prinect Inpress Control, a spectrophotometer which automatically sets the colour and register of the job, reducing set-up times and paper waste at the start of production. Prinect Inpress Control also measures and maintains colour throughout the job, ensuring the colour is absolutely consistent throughout a print run. The press complements an investment programme to revamp Butler Tanner & Dennis's printing and binding capability.

Kevin Sarney, MD of Butler Tanner & Dennis, explains: "This investment reinforces our strategy of meeting market demands, including the requirement for shorter run, high quality 'on demand' products. Supply chain cost is also becoming increasingly important. The XL 162s performance, particularly the make ready time, was a significant factor in our decision to invest. Its ability to coat will also provide advantages in our bindery. This investment is another step to improving efficiency going forward, a key focus for the company. We can once again push the boundary in large format printing".
Jim Todd, sales director of Heidelberg, says: "It is fantastic that a company that has put UK-produced colour books back on track should be the first customer for our VLF Speedmaster range in the UK. Butler Tanner & Dennis undertook extensive trials before committing to this press which confirmed that they will benefit from the extraordinary productivity of the XL 162 and that their customers will be impressed by the quality and speed of delivery it makes possible."

Tuesday, 21 December 2010 09:27

Pulp Mill Project in Russia

Södra Cell has been invited to participate in a feasibility study regarding a pulp mill project in Russia. Södra, the Russian bank VEB and Angara Paper have signed a Letter of Intent. Södras role in the project will be industrial partner and responsible for sales and marketing of future pulp production.

The feasibility study concerns constructing a pulp mill with a capacity of 1.1 million ton softwood pulp per year. The project has cutting rights of 6 million cubic meter softwood per year in the Krasnojarsk area.

For further information, please contact:
Gunilla Saltin, CEO Södra Cell, +46 (0) 470 894 26
Per Braconier, Director Corporate Communications, +46 (0) 470 894 62

Tuesday, 21 December 2010 09:22

UPM to acquire Myllykoski & Rhein Papier

UPM-Kymmene Corporation has entered into an agreement to acquire Myllykoski Corporation and Rhein Papier GmbH ("Myllykoski"). The approximate enterprise value of the businesses acquired is EUR 900 million.

Myllykoski Corporation and Rhein Papier GmbH consist of seven publication paper mills in Germany, Finland and the United States. The total annual paper production capacity is 2.8 million tonnes. In addition, Myllykoski Corporation owns 0.8% of the Finnish energy company Pohjolan Voima Oy, with an estimated value of EUR 70 million. Following the transaction, UPM Group's balance sheet assets will increase by approximately EUR 1.6 billion.

The transaction will be financed through a directed share issue of 5 million UPM shares, with current market value of approximately EUR 60 million, and long-term debt arrangements amounting to EUR 800 million.

The transaction is subject to customary closing conditions, including, among others, the approval of the regulatory authorities. Myllykoski will continue to operate independently until the transaction will be closed. The target is to close the transaction during the second quarter of 2011.

The transaction is estimated to create annual synergy benefits exceeding EUR 100 million mainly from 2012 onwards. Synergy benefits will be reached for the most part by rationalising production, logistics and sourcing as well as reducing overlapping activities. The related restructuring and investment costs of the combined operations are estimated to be approximately EUR 100-150 million.

The transaction is estimated to have an immediate positive impact on UPM's cash flow starting from the second half of 2011 and on earnings per share in 2012.

After the completion of the transaction, UPM’s gearing ratio is estimated to rise by 8 percentage points. At the end of September 2010, the gearing ratio was 51%. UPM will report from the transaction a one-off gain of approximately EUR 300 million.

UPM CEO: Combining forces is necessary

UPM's President and CEO Jussi Pesonen says that UPM is focused on improving the cost efficiency and profitability of its European paper operations. "With this transaction, we create the conditions needed for improving UPM's cash flow and mid-term profitability.”

Pesonen draws attention to the challenging operating environment of print customers.

“Electronic media is posing a growing challenge for the print media. Print media has to be able to respond not only with good content but also with excellent cost competitiveness. UPM has confidence in the potential of the graphic industry. Our target is to be a competitive player that is able to meet customers' expectations.”

"Myllykoski is without doubt one of the leading publication paper suppliers. The company has broad-mindedly taken advantage of new business concepts and technologies. We recognise today’s Myllykoski people as solid professionals, who have a strongly customer oriented approach. This attitude and know-how fit very well with UPM.”

Profitability of the publication paper industry has been poor for almost ten years already. Demand growth is shifting to markets outside of Europe and the European industry is inefficient.

“Combining forces and rationalising production is necessary for the future of the whole industry in Europe. This means both closing unprofitable production capacity and investments in order to increase cost efficiency,” says Pesonen.

“Paper is one of UPM's core businesses and our target is undisputed cost leadership as well as growth in China and other emerging markets. However, a balanced development of the different businesses within UPM is also in our interest. As a result of consolidation in the European paper business, we will also have better financial resources to implement our growth plans in our other businesses," says Jussi Pesonen.

*** UPM will give further information on the transaction in a press conference and conference call today ***

UPM's President & CEO Jussi Pesonen and CFO Tapio Korpeinen will present the transaction in a press conference held in Finnish at UPM Group Head Office in Helsinki, Eteläesplanadi 2, today on Tuesday, 21 December at 09:30 Finnish time.

Jussi Pesonen and Tapio Korpeinen will also present the transaction in a conference call and webcast for analysts and investors, held in English, today at 13:00 Finnish time (11:00 London time, 06:00 EST).

Conference call and webcast:

You can participate in the conference call either by dialling a number in the list below or following the webcast online at www.upm.com. Only participants who wish to ask questions in the conference call need to dial in. All participants can view the webcast presentation online.

We recommend that participants start dialling in 5–10 minutes beforehand to ensure the conference starts on time.

Conference ID: 884164
Phone numbers:
Participant - North America Freephone: +1 866 803 8344
Participant - Australia LC: +61 (0)28 2239 540
Participant - Hong Kong LC: +852 300 278 23
Participant - Japan LC: +81 (3)45 8001 91
Participant - Malaysia LC: +60 (0)37 7124 468
Participant - New Zealand LC: +64 (0)99 1924 15
Participant - Singapore LC: +65 6823 2171
Participant - South Korea LC: +82 (0)23 4831 067
Participant - Taiwan LC: +886 (0)22 1626 703
Participant - India Freephone: 000 8001 0036 74
Participant - India Freephone: 000 8001 0036 74
Participant - Austria: +43 (0)268 2205 6293
Participant - Belgium: +32 (0)2 290 14 11
Participant - Czech Republic: +420 (2)3900 0636
Participant - Denmark: +45 3271 4611
Participant - France: +33 (0)1 7099 3212
Participant - Germany: +49 (0)695 8999 0509
Participant - Hungary: +36 (0)618 8932 17
Participant - Ireland: +353 (0)1 4364 108
Participant - Italy: +39 023 0350 9005
Participant - Luxembourg: +352 2700 0734 18
Participant - Netherlands: +31 (0)20 7965 012
Participant - Norway: +47 (0)2 156 31 22
Participant - Spain: +34 917 889 897
Participant - Sweden: +46 (0)8 5052 0114
Participant - Switzerland (GE): +41 (0)2 2592 7011
Participant - Switzerland (ZH): +41 (0)434 5692 63
Participant - UK: +44 (0)207 1620 177

The webcast can be replayed at www.upm.com for 12 months.

About Myllykoski
Myllykoski is a family-owned international paper group. It is one of the largest publication paper producers in the world. The company produces uncoated and coated publication papers, including newsprint.

Myllykoski and Rhein Papier operate altogether seven paper mills in total with an annual paper production capacity of 2.8 million tonnes. The mills are located in Albbruck, Ettringen, Hûrth and Plattling (two mills) in Germany, in Anjalankoski, Finland, and in Madison, the USA. Myllykoski employs approximately 2,600 people, of which 1,900 are based in Germany.

Myllykoski key figures
2009 Q1-3/10
Volume, 1,000 tonnes 2,505 1,841
Sales, EUR m 1,571 1,056
EBITDA (excl. special items*), EUR m 187 47
EBITDA (excl. special items), % 11.9 4.5

* Special items 2009 include a loss on sale of the Alsip mill and a gain on sale of the Utzenstorf mill. Special items 2010 include a gain on sale of a hydro power plant in Madison, USA.

UPM

UPM leads the integration of bio and forest industries into a new, sustainable and innovation-driven future. Our products are made of renewable raw materials and are recyclable. UPM consists of three Business Groups: Energy and pulp, Paper, and Engineered materials. The Group employs around 23,000 people and it has production plants in 15 countries. In 2009, UPM's sales amounted to EUR 7.7 billion. UPM's shares are listed on the Helsinki stock exchange. UPM – The Biofore Company – www.upm.com

UPM, Corporate Communications
Media Desk, tel. +358 40 588 3284
This email address is being protected from spambots. You need JavaScript enabled to view it.

Ahlstrom, a global leader in nonwovens and specialty, announces price increases in the first quarter of 2011 for its filtration materials globally as a consequence of the continued rise in raw material costs such as chemicals and energy.

Even though the price of standard pulp has stabilized in the late 2010, prices of specialty fibers, energy and chemicals have continued to rise steadily over recent months.

The price increase will affect filtration materials produced by Ahlstrom globally. The level and timing of the increase will depend on the markets served, the raw material content of the product and the agreements in place. The increase will be up to 12%. Specific details will be discussed with each customer individually by the appropriate sales teams in the coming days.

Further information
Tommi Björnman
Executive Vice President, Filtration
Tel. +39 0119260111, This email address is being protected from spambots. You need JavaScript enabled to view it.

Gary Blevins
Vice President, Filtration
Tel. +1 864 234 8145, This email address is being protected from spambots. You need JavaScript enabled to view it.

DNS® and Nautilus® ReFresh TRIOTEC — new products from Mondi’s digital printing and environmental paper portfolios — will be showcased along with Mondi’s entire uncoated fine paper portfolio.

Mondi, a global leader in the manufacturing of paper and packaging, has taken a playful approach to this year’s Paperworld with the intriguing invitation to visitors to see, feel, and smell Mondi papers. Mondi’s focus on exploring the senses filters into the Pernod Ricard-sponsored cocktail bar that will open in the late-afternoon at the Mondi booth D21, Hall 4. Mondi will hold extended cocktail hours until 8pm on Monday, January 31, where visitors can enjoy refreshments while talking with Mondi representatives and exploring the aesthetic, tactile and fragrant qualities of Mondi papers.

“This is a fun way to encourage people to explore paper and the creative applications that are possible with new printing and converting technologies,” say Johannes Klumpp Marketing and Sales Director Mondi Uncoated Fine Paper. “Along with the introduction of new products from the DNS® and Color Copy ranges and the launch of Nautilus® ReFresh TRIOTEC, this year our aim is to show customers how to achieve excellent results for particular applications when using specified Mondi papers.”

Overlapping with Mondi’s long-standing commitment to environmentally sound products, Mondi’s uncoated fine paper product range is tailored for applications in 7 core areas of expertise: office communication, digital print communication, digital print publishing, digital print imaging, transactional printing, offset printing, value added converting. Customers will have the opportunity to ask Mondi representatives about the specific papers qualities that are recommended for certain applications at Paperworld 2011.

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