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 Chester Floyd Carlson, who was inducted into the Hall of Fame in 2011.

The PM40 closed Friday, 16 July 2021, at 4093.

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 16 July 2021 up 75.7% from the 17 July 2020 level.

In this issue of Disconnected Comparisons, we evaluate Louisiana Pacific and Verso.

Reported insider trading since the last issue of PaperMoney.

The forestry company says it is conducting a "modified Dutch auction" with a tender price range of $85 to $98 per share.

Clayton, Dubilier & Rice ("CD&R") announced an agreement under which its portfolio company, Solenis, will be acquired by Platinum Equity. The transaction, expected to close before the end of 2021, implies an enterprise value for Solenis of $5.25 billion. CD&R and Solenis management currently collectively own 51% of Solenis, and chemical company BASF holds the remaining 49%.

International Paper has released its 2020 Global Citizenship Report. One of the world's leading producers of fiber-based packaging, pulp and paper, the company shares the final progress it made against its 2020 goals and outlines its approach to sustainability across its value chain.

After a period of time to ramp up production, the machine is expected to resume full operation in January 2022, allowing Domtar to add 185,000 tons of uncoated freesheet capacity to its manufacturing network.

As a result of the negotiations, 550 people will be permanently laid off. Some 28% of the redundancies can be managed through pension arrangements.

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Incidents in 2021: 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...

DS Smith Plc. announced Friday the proposed sale of its De Hoop paper mill in the Netherlands to De Jong Packaging for 50 million euros or about 43 million pounds in cash.

Attorneys for New-Indy Containerboard have asked a federal judge to dismiss the first of three lawsuits filed against the company following months of concerns about hydrogen sulfide emissions coming from the company's Catawba mill.

Sonoco provided a progress report on Project Horizon, its $115 million investment to transform its corrugated medium machine in Hartsville, S.C. to a state-of-the-art uncoated recycled paperboard operation with annual production capacity of 180,000 tons.

Marco Hilty, (49), Ph.D. in Business Administration from University of St. Gallen (Switzerland), has been appointed President, Flexible Packaging and a member of the Global Executive Team at Huhtamaki as of September 1, 2021. He will report to President and CEO Charles Héaulmé and will be based in Ronsberg, Germany.

Unilever revealed in a recent press release that it is using new technology to launch the first ever paper-based laundry detergent bottle.