Those who have been following us for a while may recall that in November of last year, we began the process of becoming a Forest Stewardship Council™ (FSC) certified supplier of the poster and other papers. This international certification system is linked to a strict chain of custody certification, with the goal of preserving and responsibly using forest resources.
A few months later, we are excited to announce that all necessary procedures have been completed, and the FSC certification is finally in our hands!
This means that GM Media paper products are now officially FSC-certified, and our customers can be confident that we adhere to the highest social and environmental standards in the market. Our next step in the nearest future is to have only FSC-certified products in our paper materials range.
Furthermore, the competitiveness gap between polyester and PVC producers in Europe and Asia will still widen. Asian manufacturers will become even more competitive and remain core LFP materials suppliers in the EU market unless the EU issues sufficient financial support to its local producers.
*The analysis was prepared by our FX risk management partners CorpHedge.