Good question...

The PM40 closed Friday, 3 January 2020, at 3174.

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 January 2020 up 3.6% from the 4 January 2019 level.

In this issue of Disconnected Comparisons, we evaluate RELX Group and Rayonier.

Reported insider trading since the last issue of PaperMoney.

Layoff notices were handed out to employees at Northern Pulp in preparation for the closure of the company's mill on Jan. 31, 2020.

Voith signed a purchase agreement to take over 70% of shares in electric motor manufacturer ELIN Motoren GmbH.

Canada Infrastructure Bank (CIB), Port Hawkesbury Paper and IFE Project Management Canada (IFE) sign a Memorandum of Understanding (MOU) formalizing their collaboration on the potential Pirate Harbour Wind Farm in Nova Scotia.

Environmental protesters worried about the plight of Canadian caribou and forests dressed up as Santa Claus and reindeer and delivered coal at Procter & Gamble's headquarters earlier this month.

Universal Forest Products, Inc. announced it has completed the reorganization of its operations and is now operating as UFP Industries, a change announced in August 2019.

Read the monthly newsletters here or subscribe and have them emailed to you hot off the press!

Incidents in 2019: 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...

Sonoco announced it has completed the acquisition of Thermoform Engineered Quality, LLC, and Plastique Holdings, LTD, (together TEQ), a global manufacturer of thermoformed packaging serving healthcare, medical device and consumer markets, from ESCO Technologies, Inc. for $187 million in cash.

The state is asking a judge to order Verso Co., owner of the Luke Mill, to put a stop to the pollution and, potentially, to pay civil penalties.

New-Indy Containerboard, a manufacturer and supplier of recycled containerboard for the corrugated box industry, plans to invest $240 million to establish operations at a recently-acquired pulp and paper mill facility in Catawba, South Carolina.

Clearwater Paper and the United Steelworkers Local 712 have reached a tentative agreement that will next go to union members, who will vote to ratify or reject the contract early this month.

Atlas and Blue Wolf have also sent a letter to stockholders outlining their significant concerns regarding the business performance and governance of Verso and why they believe the election of their three highly-qualified nominees to the Board of Directors of Verso (the "Board") is necessary to ensure that the Company is run in the best interests of all stockholders.

Be safe -- and healthy