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Stop thinking about tomorrow, this is the new normal

When a major event has happened in the past, we have often taken a small, collective pause and then resumed our normal activities. We are in a major event like no other. If you wait for things to return to normal, you will likely go out of business. This is the new normal. We are going to adopt practices and do things differently than we have before and these changes will be permanent.

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The PM40 closed Friday, 3 July 2020, at 2753.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

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The PM40 closed 3 July 2020 down 15.9% from the 5 July 2019 level.

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In this issue of Disconnected Comparisons, we evaluate Graphic Packaging and International Paper.

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Reported insider trading since the last issue of PaperMoney.

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Just in....

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Earnings & Dividends

Market News of Note

Södra is planning a new investment for its state-of-the-art pulp mill in Värö which will allow the mill to increase capacity yet further, in steps toward 850,000 tpy.

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Supplier News

Kadant Solutions, a division of Kadant Inc., announced that Bilal Mehmood has been named president. Mr. Mehmood is currently Chief Technology Officer (CTO) for Kadant Inc. and will join Kadant Solutions Division in his new capacity on July 1, 2020.

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Environmental

Ahlstrom-Munksjö has been awarded with EcoVadis Gold rating for the company's sustainability management and performance for the fourth consecutive year. Compared with the results from the previous year, progress was especially made in sustainable procurement.

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Amusing & Interesting

Major Announcements

The Södra Foundation for Research, Development and Education has decided to grant an additional SEK 6.8 million to 13 research projects linked to forestry and the forest industry.

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Reference Library

S & F Arguments

Read the monthly newsletters here or subscribe and have them emailed to you hot off the press!

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Reported Risk

Risks: Fires, Fatalities and Catastrophes in 2020 | fire, accidents, fatality, disaster, explosion, pulp, paper, industry,

Incidents in 2020: We are updating this list as these happen in the pulp, paper and forest products industry

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Closures/Reductions

We are updating this list as these happen in the pulp, paper and forest products industry

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We are updating this list as these happen in the pulp, paper and forest products industry

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Corporate SEC Filings

Pulp and Paper Manufacturers report to the US Securities and Exchange Commission

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Corporate Finance

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Other Corporate News

What they want us to know...

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Labor & Union Actions

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Mergers & Acquisitions

Enviva Partners, LP announced that it has agreed to purchase a wood pellet production plant in Waycross, Georgia with associated export terminal capacity in Savannah, Georgia (the "Georgia Biomass Acquisition") from innogy SE and also has agreed to purchase the wood pellet production plant in Greenwood, South Carolina owned by our sponsor (the "Greenwood Acquisition" and, together, the "Acquisitions").

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Legal

International Paper is responding and has launched an investigation after a supposed noose was found at their Cantonment mill.

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Major Expenditures

J.D. Irving Ltd. says work will get under way next month on the $35-million modernization and expansion at its sawmill in Doaktown, N.B.

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Operations News

Canfor resumes operations at its Houston Sawmillfor four days a week. The schedule has been the same since Canfor announced curtailments in August.

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Rationalizations

Restructurings

BillerudKorsnäs intends to implement a simplified organizational structure as of August 1, 2020. The new organization will be built along the business flow around three functional areas: Wood Supply, Operations and Commercial. In parallel, the resources for sustainability and innovation will be grouped in a common new function, Sustainability & Strategic Development.

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Final Word

The Final Word by Helen Roush

Closures and cutbacks

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Wise Advertising

Something to consider...
Something to consider...

Having trouble reaching decision makers?

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The Fine Print

At your service

Permission granted for reprinting, as long as entire articles are reprinted without modification or truncation.

"PaperMoney" is a registered trademark (USPTO Reg. No. 2947381) of Talo Analytic International, Inc.

Be safe, and we will talk next week,


Jim Thompson

Paperitalo Publications
The Home of your Prospects (TM)


Paperitalo Publications LLC

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