When a major event has happened in the past, we have often taken a small, collective pause and then resumed our normal activities. We are in a major event like no other. If you wait for things to return to normal, you will likely go out of business. This is the new normal. We are going to adopt practices and do things differently than we have before and these changes will be permanent.

The PM40 closed Friday, 3 July 2020, at 2753.

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

The PM40 closed 3 July 2020 down 15.9% from the 5 July 2019 level.

In this issue of Disconnected Comparisons, we evaluate Graphic Packaging and International Paper.

Reported insider trading since the last issue of PaperMoney.

Södra is planning a new investment for its state-of-the-art pulp mill in Värö which will allow the mill to increase capacity yet further, in steps toward 850,000 tpy.

Kadant Solutions, a division of Kadant Inc., announced that Bilal Mehmood has been named president. Mr. Mehmood is currently Chief Technology Officer (CTO) for Kadant Inc. and will join Kadant Solutions Division in his new capacity on July 1, 2020.

Ahlstrom-Munksjö has been awarded with EcoVadis Gold rating for the company's sustainability management and performance for the fourth consecutive year. Compared with the results from the previous year, progress was especially made in sustainable procurement.

The Södra Foundation for Research, Development and Education has decided to grant an additional SEK 6.8 million to 13 research projects linked to forestry and the forest industry.

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Incidents in 2020: 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...

Enviva Partners, LP announced that it has agreed to purchase a wood pellet production plant in Waycross, Georgia with associated export terminal capacity in Savannah, Georgia (the "Georgia Biomass Acquisition") from innogy SE and also has agreed to purchase the wood pellet production plant in Greenwood, South Carolina owned by our sponsor (the "Greenwood Acquisition" and, together, the "Acquisitions").

International Paper is responding and has launched an investigation after a supposed noose was found at their Cantonment mill.

J.D. Irving Ltd. says work will get under way next month on the $35-million modernization and expansion at its sawmill in Doaktown, N.B.

Canfor resumes operations at its Houston Sawmillfor four days a week. The schedule has been the same since Canfor announced curtailments in August.

BillerudKorsnäs intends to implement a simplified organizational structure as of August 1, 2020. The new organization will be built along the business flow around three functional areas: Wood Supply, Operations and Commercial. In parallel, the resources for sustainability and innovation will be grouped in a common new function, Sustainability & Strategic Development.

Closures and cutbacks