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PANKAPLEX ACHIEVES CERTIFICATE FOR COMPOSTABILITY

PankaPlex, which is designed and widely used in food service applications, has now been granted the demanding compostability certificate for the substances between 190 and 240 gsm. The tests were conducted and successfully approved by the third party ISEGA Laboratory according to the European norm EN 13432 ("Packaging, Requirements for Packaging recoverable through composting and biodegradation"). The norm defines the test program, conditions and the assessment criteria, which the compostable packaging has to meet.

The test results prove that the specific PankaPlex products disintegrate and biodegrade in the defined and strict time limit. In addition, the material fulfills all the requirements in terms of chemical composition, including low level of heavy metals, to avoid any harm for the environment. Hence, there is no negative impact on the quality of the final compost and the product can safely be recycled through composting.



PANKABOARD CONTINUES ITS STEADY DEVELOPMENT AND OPENS AN OWN BRANCH OFFICE IN RUSSIA

Pankaboard has opened an own sales office in Russia to strengthen its local presence in the market. In addition to Russia, the office is serving the CIS markets as well.

The new office and sales execution is headed by the Regional Sales Director, Mr. Vladimir Pushilin, who has deep sales expertise and knowledge in the market of cartonboard packaging. Mrs. Tatiana Shaburova has been appointed sales and customer service manager.

The office is located in Saint-Petersburg (1217, 21 lit. A, Gakkelevskaya str., Saint-Petersburg, 197227) and has been fully operational as of the 10th of March 2014, providing the highest service level to the customers.

The own sales office in Saint-Petersburg is a natural and strategic development and will enable Pankaboard to further enhance and develop the sales and customer service in Russia and CIS.



ARI VOUTI NOMINATED AS CEO OF PANKABOARD

The Board of Pankaboard has nominated Mr Ari Vouti as CEO of Pankaboard starting 1st of January 2014. Ari Vouti joined Pankaboard as a Deputy CEO six months ago and as announced then transfers to CEO position after a transition period. Current Chairman and CEO Lauri Junnila will continue as Executive Chairman of the Company.

"The Board is very pleased to have Ari join as CEO and feels that his competencies and background match very well to the current and future challenges of our company . We feel confident that Ari together with his strong team will further improve our successful specialization strategy", says Chairman Lauri Junnila.

Ari Vouti , ( 47) MSc ( Econ), started his career at Äänekoski Board Mill and worked for Metsä-Serla (Metsa Board) for 15 years where he held several demanding management positions, including Head of Cartonboard Customer Service and Supply Chain. Before joining Pankaboard Ari was working for Rautaruukki, where he was the Head of Steel Roof business area .

Appendix : Ari Vouti's CV

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PANKABOARD IMPROVES MAIN FEATURES OF ITS COATED CARTONBOARD GRADES

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