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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 Nathan H. Bergstrom, Chairman of the Board at Bergstrom Paper Company of Neenah, Wisconsin, who was posthumously inducted into the Hall of Fame in 2002.

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The PM40 closed Friday, 11 November 2022, at 5164.

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 Weyerhaeuser and Stora Enso.

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The PM40 closed 11 November 2022 up 5% from the 12 November 2021 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

Prices will increase 15% or more for shipments on and after the 1st of December 2022.

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Supplier News

Valmet has been ranked as the third top employer among engineering professionals in Finland according to a new study by Universum.

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Environmental

Cascades announces that all of its consumer products packaging manufactured under the Cascades FreshTM, Cascades E-Com Packaging SolutionsTM, Cascades IMGN Retail SolutionsTM and northboxTM brands have been submitted to How2Recycle® for an evaluation of their recyclability potential.

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Amusing & Interesting

Everybody loves dogs or cats, or do they?

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Major Announcements

"We are disappointed with the vote for industrial action, particularly at a crucial time for all of our customers," a DS Smith spokesperson said.

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Restructurings

Ahlstrom will start a strategic transformation program "Stella" to redesign and renew its business platform. This will greatly benefit Ahlstrom's way of doing business by utilizing data and the opportunities for further digitalization.

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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 2022 | fire, accidents, fatality, disaster, explosion, pulp, paper, industry,

Incidents in 2022: 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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Other Corporate News

What they want us to know...

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Labor & Union Actions

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Mergers & Acquisitions

Sealed Air Corp said it would acquire peer Liquibox for $1.15 billion, as the packaging firm aims to boost its presence in the quick service restaurants and liquid packaging segments.

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Legal

ND Paper Mill in Old Town is facing legal trouble after a class-action lawsuit was filed in federal court in Bangor.

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Major Expenditures

The Arizona Commerce Authority announced that Procter & Gamble (P&G), a global consumer goods leader with a diverse portfolio of trusted, quality brands, plans to build a new manufacturing facility in Coolidge, Arizona. The facility will support P&G's fabric care portfolio, which includes products such as Tide PODS®, Downy Unstopables® and Bounce® Dryer Sheets. The new facility is expected to be operational by 2025, creating approximately 500 new jobs.

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Operations News

The fire was located deep into the warehouse of the smoke-filled facility and was surrounded by stacks of other pallets of product, making locating and extinguishing the fire difficult.

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Joint Venture

Amcor, a global leader in developing and producing responsible packaging solutions, has announced its investment of US$3 million in PulPac, a Swedish company providing disruptive manufacturing technology for low-cost, high-performance fiber-based packaging. Amcor is one of several strategic investors in a cross-industry alliance aimed at driving the deployment of PulPac's technology globally.

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Final Word

The Final Word by Helen Roush

So what's happening with OCC prices these days

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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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