Page 20 - PWM_DECEMBER2022 EBook

NEWS CONSUMABLES AND PAPER

Monadnock launches HP Ahlstrom’s
new CFO

Indigo solutions portfolio appointment of Jorn P.
Ahlstrom announced the
Jensen as Chief Financial
Officer and a member of the
Monadnock Paper Mills test again and again) to Group Executive
announced its HP Indigo ensure that this portfolio met Management Team, effective
Solutions Portfolio of 100% the most stringent perfor- December 1, 2022. Jensen
Post-Consumer Waste mance, converting, and pro- has 27 years of experience as
(PCW) paper, packaging, cessing demands,” Brannen CFO, most recently at Dyson
and environmental graphics noted.
materials. The product port- Monadnock’s HP Indigo Ltd and earlier at Carlsberg
folio, complete with a com- Solutions Portfolio com- A/S.
prehensive listing of prises: Astrolite PC 100 Ahlstrom’s current CFO,
available weights, sizes, and Digital+ Smooth, Astrolite Sakari Ahdekivi, is leaving
properties, is now featured The portfolio is of 100% post consumer waste recycled material PC 100 Velvet, Envi PC 100 Ahlstrom at the end of
in a comprehensive Stock Additionally, the recycled and packaging that are December to pursue new
Guide publication. paper is processed chlorine brought to vivid life with HP Performance Board, Envi PC opportunities outside the
Either certified or opti- free, and the entire produc- Indigo presses,” said Julie 100 Velvet Card Stock and company.
mized for use on HP Indigo tion process operates under Br a n nen , D i re c t or, Envi Wallgraphics. “I thank Sakari for his valu-
printers, all portfolio offer- third-party Certified ISO Sustainability Solutions, Monadnock Paper Mills able work during nine years
ings are made with Forest 14001 Environmental and Monadnock Paper Mills. works with leading brands to as CFO of Ahlstrom,” said
Stewardship Council- I S O 9 0 01 Q u a l it y “Monadnock’s team of craft and customize environ-
certified 100% PCW recy- Management Systems. material and coating special- mentally responsible perfor- Hans Sohlström, Ahlstrom’s
cled fiber, manufactured “Sustainability has never ists worked closely with the mance papers for President and CEO.
carbon neutral and made looked better, especially talented professionals from commercial printing, pack- Ahlstrom is a global leader
with 100% Green-e certified when brands are looking for HP and a host of printers and aging and technical applica- in combining fibers into sus-
wind powered electricity. printed materials, signage, package printers to test (and tions. tainable specialty materials.
Magic Trading Co (MTC) at Dunn Paper gets new

Paperworld Middle East owner, renamed

Magic Trading Co (MTC) Dunn Paper today
pa rticipated in the announced that its first lien
Paperworld Middle East secured lenders have
2022 held from 21 November acquired select assets of the
2022 to 23 November 2022 company as part of a recapi-
in Dubai, UAE. AM Haghi, talization of the business.
Founder of MTC, said, “after Pursuant to this transac-
a long break from meeting tion, the company’s name
customers, we were happy to has been changed and will BiOrigin Specialty Products
participate in a live event like operate as BiOrigin “I’d like to thank our cus-
Paperworld Middle East. We Specialty Products (“BSP”). tomers, suppliers, and
got the opportunity to meet As previously announced, employees for their contin-
with many industry peers the company’s Port Huron,
and introduce our items. We We had a good number of visitors during the event”: AM Haghi Michigan, mill announced ued support and patience
had a good number of visitors Also, we have a large selec- eco-friendly products for a the closure of operations in without which this transac-
visiting our stand. We have a tion of PU cover notebooks at sustainable future. Our reus- mid-September with pro- tion would not have been
huge selection of promo- very economical prices. able cotton and jute bags are duction officially ceasing in possible.”
tional gifts at very competi- During the event, we had the aligned with the UAE’s strat- mid-October. “I’m thrilled The transaction was led by
tive prices. We showcased opportunities such as net- egy to reduce the use of plas- to be able to announce the Wynnchurch Capital, L.P., in
our new collection of cotton working with industry peers closing of this transaction, partnership with Bayside
and jute bags, metal water and getting up-to-date with tic bags. Many new products which we’ve been working Capital, Inc., Arbour Lane
bottles, and technology gifts industry trends. are made from natural prod- toward for many months,” Capital Management, L.P.,
at the 2022 edition of the “Towards our sustainabil- ucts like bamboo and cork said Wade Kemnitz, and Aegon Asset
Paperworld Middle East. ity targets, we are focusing on and recycled materials.” President and CEO of BSP. Management.

20 PrintWeek MENA December 2022 www.printweekmena.com