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Celebrating all things paper: The wonder and the legacy, continued

Ladies and gentlemen, the first class of inductees to the Paper Industry International Hall of Fame in Appleton, Wisconsin was inducted more than two decades ago in 1995, and today, close to 150 papermaking innovators and legends have been enshrined. This month, we profile the late Ernst Mahler, who was inducted into the Hall of Fame in 1996

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The PM40 closed Friday, 11 June 2021, at 4326.

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 11 June 2021 up 75.7% from the 12 June 2020 level.

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In this issue of Disconnected Comparisons, we evaluate Quad and Rayonier.

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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

The ongoing sharp rise in raw material costs, particularly pulp, chemicals and energy in combination with high freight rates make price adjustments unavoidable.

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Supplier News

The price increase is necessary due to the tightening of raw material supply globally and escalating energy, packaging and transportation costs.

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Environmental

In the context of the upcoming World Environment Day, and following a year of work and consultations with stakeholders, Cascades, the 17th most sustainable company in the world according to Global 100, is pleased to launch its fourth Sustainability Action Plan, the most ambitious in its history: "Driving Positive Change".

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Amusing & Interesting

Major Announcements

Georgia-Pacific broke ground on a state-of-the-art gypsum wallboard production facility near Sweetwater.

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Restructurings

UPM has completed the employee consultation process in Finland started in April. The company will improve efficiency in global functions by reorganizing and streamlining the operations. As a result, the number of employments in Finland will decrease by 28. In Germany and Austria, the process is still on-going.

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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 2021 | fire, accidents, fatality, disaster, explosion, pulp, paper, industry,

Incidents in 2021: 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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Capital Projects

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

Huhtamaki has completed the acquisition of Jiangsu Hihio-Art Packaging Co. Ltd.'s assets. Jiangsu Hihio-Art Packaging is a privately owned manufacturer of paper bags, wraps and folding carton packaging in China. The acquisition strengthens Huhtamaki's position as the leading foodservice packaging provider in Asia and expands its product portfolio allowing it to better serve both existing and new customers in China.

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Legal

New-Indy continues to work cooperatively with local, state and federal authorities.

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Major Expenditures

Canfor Corporation says will invest approximately US$160 million to build a new sawmill near DeRidder, Louisiana. The company will receive state and local incentives in support of the project. The facility will have an annual production capacity of 250 million board feet on a two-shift basis and will directly employ about 130 people plus create significant additional indirect jobs.

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Operations News

Uncertainties amid the COVID-19 pandemic kept the relatively new mill closed for more than a year.

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Rationalizations

Final Word

The Final Word by Helen Roush

Lumber prices and tariffs

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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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