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After this column last month, a couple of correspondents implied that I had said it was OK to turn in a poor performance if the market conditions were less than stellar. Not so! And if you got that from my column, I apologize.

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The PM40 closed Thursday, 28 March 2024, at 5799.

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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In this issue of Disconnected Comparisons, we evaluate Rayonier Advanced Materials and DS Smith.

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The PM40 closed 28 March 2024 up 16.3% from the 31 March 2023 level.

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Reported insider trading since the last issue of PaperMoney.

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Just in....

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NOREXECO

Interview with NOREXECO | NOREXECO,

In this special episode, we talk with Stein Larsen, CEO NOREXECO ASA.

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Market News of Note

Sonoco announced it is implementing a €60 per ton, £50 for UK market, price increase for all grades of uncoated recycled paperboard (URB) sold in Europe effective for deliveries after 15th April 2024.

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Supplier News

Opturion has entered a long-term contract to build, commission and support a supply chain optimisation solution for the forestry and transport operations of Arauco based on its proven optimisation platform.

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Environmental

Kruger's Corner Brook Pulp and Paper Ltd. (CBPP) announced that, under an agreement with the Government of Newfoundland and Labrador, Canada, it will sell excess green energy from its Deer Lake Power assets to Newfoundland and Labrador Hydro.

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Amusing & Interesting

We like people and work hard!

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Major Announcements

Kari Jordan (Chair), Håkan Buskhe and Reima Rytsölä were elected members of the People and Culture Committee. Christiane Kuehne (Chair), Helena Hedblom and Richard Nilsson were elected members of the Sustainability and Ethics Committee.

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Restructurings

Enviva Inc., a leading producer of sustainably sourced wood-based biomass, announced that the U.S. Bankruptcy Court for the Eastern District of Virginia (the "Court") approved, among other matters, its previously announced $500 million debtor-in-possession financing.

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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 2024 | fire, accidents, fatality, disaster, explosion, pulp, paper, industry,

Incidents in 2024: 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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Industree 4.0

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

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Corporate SEC Filings

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

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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

The transaction marks significant investment in RRD's existing digital marketing and print capabilities.

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Legal

People living near New-Indy's paper mill in Catawba, South Carolina, say they've experienced health problems due to the plant's emissions.

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Major Expenditures

Menasha Packaging Company, LLC, the largest independent, retail-focused packaging and merchandising solutions provider in the United States with a network of design centers, manufacturing plants, contract packaging, and fulfillment service centers, plans to infuse $70 million in capital into its Richmond, Indiana footprint as part of an ongoing U.S. network modernization initiative.

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Operations News

One man is dead following a forklift accident at a Weyerhaeuser sawmill facility.

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Joint Venture

Spinnova Plc and Suzano S.A. have signed a Letter of Intent (LOI) regarding a potential new production facility for wood-based SPINNOVA® fibre.

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Final Word

The Final Word by Helen Roush

A few weeks ago, it was announced that The European Council and Parliament reached a provisional agreement to make packaging more sustainable and reduce packaging waste in the EU.

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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.


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