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Hold on to your hat

If you have been in the packaging, containerboard or tissue sectors for the past 15 months, you are generally smiling already. Now, the economy is coming roaring back. For the first quarter, the US economy grew at a 6.4% annual rate. Last year, the economy declined by 3% while box shipments rose by 3.5%.

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The PM40 closed Friday, 30 April 2021, at 4329.

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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The PM40 closed 30 April 2021 up 86.5% from the 1 May 2020 level.

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In this issue of Disconnected Comparisons, we evaluate PCA and Boise Cascade.

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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

DS Smith warned on Thursday of higher packaging prices as an online shopping boom during the pandemic has led to a surge in demand for boxes, coupled with a shortage of raw materials and higher paper prices.

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Supplier News

Simka Kagit Sanayi VE Ticaret AS, a Turkish manufacturer of various converted paper and paperboard products, has commissioned Voith to supply its OnQuality Quality Control System (QCS) of scanners and sensors to the company's PM 1 in Kayseri, Turkey.

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Environmental

Enviva, a global renewable energy company specializing in sustainable wood bioenergy, has joined the Sea Cargo Charter, a cross-industry partnership of over 20 ship charterers that aims to establish a consistent global framework for transparently assessing and disclosing the climate impact of ship chartering operations.

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Amusing & Interesting

Major Announcements

Procter & Gamble announced it will hike prices on baby care, feminine care and adult incontinence products in September to respond to higher commodity costs.

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Restructurings

Arctic Paper consolidates the sales organizations for Scandinavia and the Baltics into a joint company, Arctic Paper ScanBaltics.

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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 2021 | fire, accidents, fatality, disaster, explosion, pulp, paper, industry,

Incidents in 2021: 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

The takeover offer of Greater Manchester-headquartered Scapa - which values the healthcare and industrial group at more than £410m - has completed.

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Legal

The Maine Supreme Judicial Court on Tuesday saved Old Town from having to refund nearly $1 million in property taxes to a former pulp mill owner when justices unanimously settled a yearslong dispute between the two.

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Major Expenditures

The company, a U.S. subsidiary of China-based Nine Dragons Paper Holdings Ltd., said the new operation will produce 200 metric tons of unbleached pulp daily and support 20 new jobs in Maine when it is at full operation.

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Operations News

At least 10 WestRock employees have tested positive for COVID-19 in the past week, and one employee died from complications of the virus, according to Cowlitz County Health and Human Services.

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Rationalizations

Final Word

The Final Word by Helen Roush

In a recent article, Bioenergy Insight, announced that a new paper released by the European Biogas Association, highlights potential of biogas from industrial wastewater.

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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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