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 Jaakko Pöyry, who was inducted into the Hall of Fame in 1995.

The PM40 closed Friday, 13 May 2022, at 4384.

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

In this issue of Disconnected Comparisons, we evaluate Avery Dennison and Resolute Forest Products.

The PM40 closed 13 May 2022 down 1.5% from the 14 May 2021 level.

Reported insider trading since the last issue of PaperMoney.

Sonoco will raise the price for all paperboard tubes and cores by a minimum of 6%, effective with shipments in the United States and Canada on or after June 10, 2022.

The target of the investment is to ensure a smooth start-up, to optimize the equipment efficiency and to achieve premium board quality, Valmet announced.

The Huhtamaki Foundation inaugurated its first recycling plant in Khopoli, Maharashtra to help drive circularity for packaging. The site - which is spread across 2,000 square meters - will recycle about 1,600 kilograms of post-consumer used flexible plastic waste per day from early May as the plant becomes fully operational. The Central Pollution Board of India (2012) estimates that India generates close to 26,000 tonnes of plastic waste a day and a little over 10,000 tonnes a day of plastic waste remains uncollected.

Have you ever lied to your boss?

The evaluation of options is expected to be completed by the end of 2022.

Chatham Asset Management, LLC, a private investment firm which manages funds that beneficially own approximately 6.3% of the outstanding common stock of Rayonier Advanced Materials ("RYAM" or the "Company") (NYSE: RYAM) and is a substantial bondholder of the Company, issued an open letter to RYAM shareholders reaffirming its intention to withhold its vote against two long-tenured members of the Company's Board of Directors, Thomas I. Morgan and Lisa M. Palumbo, at the Company's annual meeting of shareholders on May 16, 2022.

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Incidents in 2022: We are updating this list as these happen in the pulp, paper and forest products industry

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

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

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

What they want us to know...

Rayonier Advanced Materials Inc. announced that it has sold 28,684,433 common shares of GreenFirst Forest Products Inc. to a wholly-owned subsidiary of Interfor Corporation for approximately $43.3 million. The agreement contains a Purchase Price Protection clause whereby the Company is entitled to participate in further stock price appreciation under certain circumstances and for a specified period.

Montgomery "Monte" Crompton was blasted with 200-degree steam for nearly a minute on his face, upper torso, legs and back while working to repair a hole in a blowdown header in the mill's powerhouse Jan. 16, 2019, according to a complaint filed in June 2020.

Soon after the company was sold to a new owner, Appvion announced the purchase of new equipment.

Howe Sound Pulp & Paper (HSPP) Mill was evacuated for about two hours on the morning of May 12.

Weyerhaeuser Company announced a new partnership with Firefighter Behavioral Health Alliance, Fighting Fires Together, that will provide support and resources for wildland firefighters and their families, as well as increase awareness of the importance of mental health assistance for these first responders.

In an article from Kenora Online, it stated that Ontario, Canada will use leftover wood from mills for energy and new products.