News

TENDER NOTICE

Arctic Paper Kostrzyn S.A. invites tenders to participate in a competitive bidding process to select a Contractor for the implementation of the project:

Construction of the Arctic Paper PV II Wschód-Zachód (Arctic Paper PV II East-West) solar PV farm of an approximate output of 16 MWp, including the accompanying infrastructure.

ul. Fabryczna 1
66-470 Kostrzyn nad Odrą, Poland
National Court Register no: KRS 0000082646

for which the Issuer of the Tender Notice is applying for funding under the National Fund for Environmental Protection and Water Management’s programme, titled "Support for energy-intensive industry."

For detailed information regarding the procedure and project documentation please contact:

Zbigniew Wesołowski: zbigniew.wesolowski@arcticpaper.com
Sławomir Sytek : slawomir.sytek@arcticpaper.com

Deadline for submitting offers: by 23 June 2023, at 24:00 (midnight).

The Tender Issuer reserves the right to select a suitable offer, as well as to cancel the tender without providing any reason.

FRIDAY, 9 June 2023

NOTICE OF CANCELLATION OF TENDER PROCEDURE

ARCTIC PAPER KOSTRZYN S.A. announces that, based on Section XI, Item 8, Point a of the Request for Quotation, the tender procedure for the project "Construction of the Arctic Paper PV II Wschód-Zachód (Arctic Paper PV II East-West) solar PV farm with an approximate output of 16 MWp, including the accompanying infrastructure" is hereby cancelled.

WEDNESDAY, 7 June 2023

TENDER NOTICE

Referring to the Tender Notice dated on 12 May 2023:

“Construction of the Arctic Paper PV II Wschód-Zachód (Arctic Paper PV II East-West) solar PV farm with an approximate output of 16 MWp, including the accompanying infrastructure”,

Arctic Paper Kostrzyn S.A. hereby informs that the deadline for submitting offers has been extended until 2 June 2023, at 24:00 (midnight).

For detailed information regarding the procedure and project documentation please contact:
Zbigniew Wesołowski: zbigniew.wesolowski@arcticpaper.com
Sławomir Sytek : slawomir.sytek@arcticpaper.com

Deadline for submitting offers: by June 23, 2023, at 24:00 (midnight).

The Tender Issuer reserves the right to select a suitable offer, as well as to cancel the tender without providing any reason.

THURSDAY, 25 MAY 2023

TENDER NOTICE

Arctic Paper Kostrzyn S.A. invites tenders to participate in a competitive bidding process to select a Contractor for the implementation of the project:

Construction of the Arctic Paper PV II Wschód-Zachód (Arctic Paper PV II East-West) solar PV farm of an approximate output of 16 MWp, including the accompanying infrastructure:

ul. Fabryczna 1
66-470 Kostrzyn nad Odrą, Poland
National Court Register no: KRS 0000082646

for which the Issuer of the Tender Notice is applying for funding under the National Fund for Environmental Protection and Water Management’s programme, titled "Support for energy-intensive industry."

For detailed information regarding the procedure and project documentation please contact:

Zbigniew Wesołowski: zbigniew.wesolowski@arcticpaper.com
Sławomir Sytek : slawomir.sytek@arcticpaper.com

Deadline for submitting offers: by 26 May 2023, at 24:00 (midnight).

The Tender Issuer reserves the right to select a suitable offer, as well as to cancel the tender without providing any reason.

FRIDAY, 12 May 2023

ECOVADIS 2022 RANKING

Arctic Paper Kostrzyn S.A. was awarded a gold medal in the assessment of supplier practices and conduct in corporate social responsibility.

The evaluation was conducted by EcoVadis technological platform. Each organisation was assessed on a scale from 0 to 100, considering four key aspects: environmental, social, ethical, and supply chain.

This recognition showed us, once again, how crucial is the importance of operating within the framework of corporate social responsibility and adhering to established ethical standards in our company.

MONDAY, 18 JULY 2022

ARCTIC PAPER S.A. 4Q 2021 – PRELIMINARY FINANCIAL RESULTS*: STRONG PERFORMANCE AND POSITIVE OUTLOOK FOR BOTH THE PULP AND PAPER SEGMENTS

• Sales revenues in Q4 amounted to PLN 953.5 million (EUR 208.8 million).
• EBITDA for Q4 reached PLN 69.2 million (EUR 15.2 million), with the EBITDA margin of 7.3%.
• Sales revenues in 2021 totalled PLN 3,412.6 million (EUR 747.2 million).
• EBITDA for 2021 amounted to PLN 327.8 million (EUR 71.8 million), with the EBITDA margin of 9.6%.
• Record demand for paper; active efforts to optimise the revenue per machine hour.
• Preparations initiated for the construction of a 17 MW solar PV installation in Kostrzyn, Poland.
• Appointment of a new Managing Director for the company’s paper production segment in Sweden.
• Post-reporting period: decision was made to invest, jointly with Rottneros, in a moulded fibre tray factory.
• The Management Board will propose a dividend of PLN 0.40 per share.

*The audited FY 2021 report will be published on the 22nd of March.

"Solid results, strong cash flow, and near-full capacity utilisation in the graphic paper and pulp segments provide a solid foundation for further diversification and investments in packaging and renewable energy."

Michal Jarczyński, CEO of Arctic Paper S.A. (the CEO's letter is available on page 2)

Download the press release (PDF, in Polish)

THURSDAY, 31 March 2022

ARCTIC PAPER PROVIDES FINANCIAL SUPPORT FOR CHILDREN AFFECTED BY THE WAR IN UKRAINE.

In solidarity with the people of Ukraine, Arctic Paper is donating a financial aid of PLN 500,000 to support refugees, especially children, who will be seeking shelter in Poland.

Due to the escalating armed conflict, thousands of people, particularly women and children, are forced to flee from Ukraine.

Many of them, upon crossing the borders of our country, require urgent assistance. Employees of the Kostrzyn mill have initiated a collection of essential items necessary to provide aid to the refugees in Poland. Personal and medical hygiene products, food, and water are urgently needed. The collected items will be donated to a foundation supporting war refugees from Ukraine in the Lubuskie Voivodeship.

Arctic Paper supports various initiatives aimed at saving lives and providing assistance to those affected by the ongoing conflict in Ukraine. On behalf of the Arctic Paper group, including the mills in Munkedal, Grycksbo, and Kostrzyn, we express our solidarity with the entire Ukrainian Nation.

The ongoing hostilities and the social crisis resulting from the current situation contradict the core values of Arctic Paper, which pursues the goals of sustainable enterprise development in all of its business activities.

FRIDAY, 4 March 2022

"DEVELOPMENT AND IMPLEMENTATION OF PRODUCTION TECHNOLOGY FOR HIGH-GRADE GRAPHIC PAPERS WITH INCREASED OPACITY AND BENDING RIGIDITY WHILE REDUCING THE SHARE OF WOOD FIBERS USING A POLYMERIC CROSS-LINKER." POIR.01.01.01-00-0272/19

The aim of the project planned for implementation by Arctic Paper Kostrzyn S.A. is to develop and implement production technology for high-grade graphic papers with increased opacity and bending rigidity and reduced wood fibre share by using a polymeric cross-linker.

The project aims to eliminate, or significantly reduce, the negative effects of increasing the filler content in paper by using new filler compositions that are expected to improve binding of filler particles in the paper structure and ensure their more even dispersion. This will be achieved through the use of different polymers/crosslinkers tested in three stages of the project. The fourth stage of the project involves the production of prototype graphic papers in the 60-80 g/m² grammage range.

The research part of the project, completed as of the end of March, allowed the project team to obtain positive results and in April the project will enter the development phase. The development work is expected to continue until the end of November 2022.

The research and development results will be implemented into the company’s business activities by introducing the production of innovative high-grade graphic papers with increased opacity and bending rigidity while reducing the share of wood fibres using a polymeric crosslinker at Arctic Paper Kostrzyn S.A.

The main recipients of the project results will be processors (envelope and notebook manufacturers), book publishers, and printing houses. This paper can also be used for writing and printing in Braille and can be utilised by blind and visually impaired individuals.

The project's implementation addresses the current and future needs of improving the paper opacity in the production of low grammage papers without compromising, and even increasing, its strength parameters.

During the industrial research and development work in the project, we could observe a diffusion effect resulting from the cooperation between the industry and a research organisation, that is the West Pomeranian University of Technology in Szczecin.

WEDNESDAY, 31 March 2021

ARCTIC PAPER KOSTRZYN TO RECEIVE UP TO PLN 8.3 MILLION IN FUNDING FROM NCBR

Arctic Paper Kostrzyn has signed an agreement with the National Centre for Research and Development (NCBR) for funding a project with an amount of up to PLN 8.3 million.

The project aims to develop and implement technology for the production of high-barrier, biodegradable packaging paper.

The total net value of the project is PLN 20.2 million, with a maximum funding amount of PLN 8.3 million. The remaining project-related costs will be covered from the company’s own funds.

The eligible cost period for the project begins on 1 September 2020, and ends on 31 May 2023. (Polish Press Agency/Business)

WEDNESDAY, 30 September 2020

ARCTIC PAPER S.A. Q1 2020: A STRONG FIRST QUARTER PREPARES THE GROUP FOR CHALLENGING TIMES

• Consolidated sales revenues in Q1 amounted to PLN 813.9 million (EUR 188.2 million).
• EBITDA for Q1 reached PLN 111.8 million (EUR 25.9 million).
• EBIT for Q1 amounted to PLN 79.7 million (EUR 18.4 million), and net profit reached PLN 62.3 million (EUR 14.4 million).
• The combination of strong results in the paper segment and stability in the pulp segment significantly improved the consolidated results for Q1.
• Towards the end of the reporting period, there was a decrease in demand due to the Covid-19 pandemic.
• Measures have been taken to mitigate the potential negative effects of the coronavirus pandemic: the Grycksbo and Munkedal mills have both submitted applications to access support instruments from the aid package for businesses in Sweden./li>
• The Management Board has decided to recommend not paying a dividend from the profit for 2019.

"After a strong fourth quarter of 2019 and a solid start to this year, the Group is sufficiently strong and well-equipped to face significantly higher market uncertainty."
Michał Jarczyński, CEO of Arctic Paper S.A. (the CEO's letter is on page 2)

Download Press Release (PDF, in Polish)

THURSDAY, 14 MAY 2020