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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, more than 150 papermaking innovators and legends have been enshrined. This month, we profile the late Morris W. Kuchenbecker, who was inducted into the Hall of Fame in 2002.

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The PM40 closed Friday, 17 November 2023, at 5063.

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 Clearwater Paper and Kimberly-Clark.

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The PM40 closed 17 November 2023 down 2% from the 18 November 2022 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

Smurfit Kappa recently published its second annual Green Bond Allocation and Impact Report which provides details on the use of proceeds of its inaugural €1 billion dual-tranche Green Bond issued in September 2021.

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Supplier News

Wood fiber insulation board manufacturer Gutex has successfully produced first fibers with its new Andritz fiber preparation system in Eschbach, Germany. This is the second system Andritz has delivered to Gutex.

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Environmental

Complaint claims Paper Excellence ineligible for credential due to alleged ties with Indonesian conglomerate.

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Amusing & Interesting

Looks like I will keep my job...

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Major Announcements

The Company's current operations in Lathrop, CA, will relocate to this new facility, which includes office space and 190,000 sq. ft. enclosed warehouse served by rail.

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Restructurings

The actual demolition will start in early 2024 and the project will run until 2025.

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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 2023 | fire, accidents, fatality, disaster, explosion, pulp, paper, industry,

Incidents in 2023: 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

Rengo Co., Ltd. announces that it has acquired 30% of the shares in Velvin Containers Private Limited, a corrugated packaging manufacturer in India. Due to Rengo's equity participation, the company will change its name to Velvin Rengo Containers Private Limited.

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Legal

U.S. cities, towns and water districts have challenged proposed class action settlements worth more than $11 billion with 3M, DuPont de Nemours and others, arguing the deals are too generous to the chemical companies accused of contaminating U.S. water with toxic "forever chemicals."

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Major Expenditures

The net investment amount for the conversion project at Norske Skog Golbey will increase from EUR 265 to 300 million.

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Operations News

Clearwater Paper Corporation reported that it temporarily suspended certain manufacturing operations at its Lewiston, Idaho facility. An incident impacting the regional natural gas system has resulted in the disruption of natural gas deliveries to the mill and the surrounding areas.

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Joint Venture

Södra and the collaboration partner Lenzing have received the International Textile Manufacturers Federation (ITMF) Award 2023 in the category International cooperation for their joint achievements in textile recycling and circular economy.

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Final Word

The Final Word by Helen Roush

New developments in innovation

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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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