New STARKRAFT papers to enter the market in early 2024 after HEINZEL GROUP’S takeover of Steyrermühl mill from UPM

Vienna and Asunción, July 25th, 2022. Heinzel Holding GmbH and Paracel S.A. jointly announce that Heinzel has entered into an investment agreement to become the strategic equity investor in Paracel, an afforestation and pulp mill project in Paraguay, South America.

Upper Austrian site to be developed into a hub for sustainable packaging papers and renewable energy from 2024 Laakirchen, June 21st, 2022. HEINZEL GROUP announces today that it has entered into a share purchase agreement with UPM to acquire UPM Kymmene Austria GmbH and its subsidiaries in Steyrermühl, Upper Austria. Together with Heinzel's Laakirchen Papier AG, which is located less than three kilometers from the Steyrermühl paper mill, the site will become a hub for sustainable packaging papers and renewable energy with closing of the transaction on January 1st, 2024. The deal is contingent on approval from relevant competition authorities.

Vienna, April 7, 2022 – For the first time since the record-breaking year 2018, HEINZEL GROUP exceeded the two-billion-Euro mark in terms of its revenues in 2021. Rising sales volumes and the high market prices led to an increase in net sales of 26.5% to €2,038.2 million. In total, HEINZEL GROUP generated EBITDA of €195.8 million in 2021 despite the challenging market conditions – with a plus of 55.4% compared to the prior year, this represents the second-highest result in the company’s history and an excellent basis for implementing its new strategic objectives.

Michael Grech succeeded Thomas Komin on March 1, 2022.

The Austrian paper producer Laakirchen Papier AG is announcing an increase in its prices for publication papers by € 100 per ton by April 1st 2022. The new prices shall apply to all new business as well as to additional deliveries.

Three-digit million-euro investment in the conversion of paper machine 11

As part of a festive event on 28th September 2021, excellently managed medium-sized companies - including the Heinzel Group - were honored.

The Austrian paper manufacturer Laakirchen Papier AG, subsidiary of the Heinzel Group, informs in today’s press release, that the prices for all graphic products in the area of publication paper will be increased from 15th May 2021 for all new business and all additional quantities and from 1st July 2021 for all regular quantities by EUR 70 per ton at minimum.

Sebastian Heinzel joins management team

Vienna and Laakirchen, 02.12.2020. heinzelsales (Wilfried Heinzel AG) strengthens its sales offices in Wiesbaden (Germany) and Paris (France) in order to ensure sales of publication paper of Laakirchen Papier as well as optimal customer service in Germany, France, and the Benelux countries in the long-term.

For Moderne Verpackung Hofmann this acquisition is a further step in strengthening its leading position as packaging merchant in Austria and South of Germany and it will increase its customer portfolio.

Estonian Cell, a pulpwood producer that has made large investments in reducing its environmental impact in recent years, was declared the winner of the "Environmentally Friendly Company of the Year" competition. The new water treatment solution, which has brought the title, saves 5.5 GWh of electricity per year.

Heinzel Group is a member of EPIS (European Pulp Industry Sector) and therefore supports the #GreenSource initiative to promote the role of forest-fibre industries in the effort to achieve the EU’s climate neutrality target by 2050.

Laakirchen, 26th August 2020 / Following today’s announcement by the Swedish SCA Group about discussions regarding a possible closure of its paper machines in Ortviken (Sweden) and consequently possible effects on various corporate divisions of the group, the Austrian paper manufacturer Laakirchen Papier AG comments on this issue as follows:

Heinzel Group is a member of the “4evergreen” alliance, which strives to increase the share of fiber-based packaging in order to sustainably reduce the impact on climate and the environment.

Since the beginning of June 2020, Dr. Kurt Maier (CEO of Heinzel Group) has been the new President of Austropapier, the Association of the Austrian Paper Industry.

Clear commitment to continued supply of customers with paper and pulp

Investment in the production of unbleached pulp

Developing the North American market for Heinzel Sales