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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 Harry F. Lewis, who was inducted into the Hall of Fame in 2003.

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The PM40 closed Friday, 14 January 2022, at 4516.

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 WestRock and PCA.

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The PM40 closed 14 January 2022 up 35.4% from the 15 January 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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Earnings & Dividends

Market News of Note

Sonoco, one of the largest sustainable global packaging companies, announced the successful pricing of its first green bonds to support the Company's sustainability strategy.

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Supplier News

Valmet, a global leader in the supply and development of technologies, automation, and services for the pulp, paper and energy segments, celebrated a year of partnership with Klabin through its machine maintenance contract.

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Environmental

The province's independent watchdog for forest practices says Tolko Industries Ltd. could have done more to assess the potential impacts of its tree harvesting over the past few years between two North Okanagan communities.

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Amusing & Interesting

Major Announcements

Green Bay Packaging Inc. has announced it will begin construction of a new 600,000 square foot corrugator plant in Fort Worth, Texas. Construction on the site is set to begin in the first quarter of 2022 and startup operation is scheduled for the second quarter of 2023.

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Restructurings

Jan. 3 marks Enviva Inc.'s first full trading day as a corporation on the New York Stock Exchange (NYSE: EVA) following its successful conversion (the "Conversion") from Enviva Partners, LP, a master limited partnership, to Enviva Inc. ("Enviva"), a Delaware corporation, on December 31, 2021. As part of the Conversion, Enviva also announced the appointment of three new members to its board and changes that will further strengthen its executive leadership team.

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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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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

Sonoco Recycling, a unit of Sonoco, has acquired American Recycling of Western North Carolina, a privately owned recovered paper recycler located in Asheville, North Carolina.

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Legal

R. R. Donnelley & Sons said the recent systems intrusion that it disclosed last month has been contained, as per its latest SEC filing.

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Major Expenditures

Governor Ralph Northam announced that Kamine Development Corporation and Nicollet Industries, LLC, green infrastructure and sustainable development leaders, will invest $267 million to establish a joint venture paperboard recycling and production facility, Celadon Development Corporation, at the Chesapeake Deepwater Terminal site in the City of Chesapeake. Virginia successfully competed with South Carolina for the project, which will create 210 new jobs.

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Operations News

Boise Cascade Company announced the expansion of its Building Materials Distribution (BMD) operations in Minnesota and Northern Kentucky.

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Joint Venture

Ilim Group has signed two trilateral strategic partnership agreements with Shanghai High Hope Pulp and Paper, with the third parties to these agreements being Hengan Group and Mudanjiang Heng Feng Paper, which consume Ilim's pulp and paperboard to produce their own P&P products.

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Final Word

The Final Word by Helen Roush

The pulp and paper industry is being bashed once again.

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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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