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Safety is Paramount

Several clients and colleagues have recently remarked that, with the world coming out of Covid-19 (or a least hoping we are coming out of Covid-19), there is a new urgency and frenetic pace about work and play for that matter. This is a recipe for accidents.

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The PM40 closed Thursday, 1 April 2021, at 4188.

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 Mercer International and RELX Group.

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The PM40 closed 1 April 2021 up 48.1% from the 3 April 2020 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

Finnish forestry products company Stora Enso says it plans to stop producing wood pulp in Joensuu for strategic and economic reasons, but did not confirm ethical factors played a role despite recent adverse publicity about exports to China.

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Supplier News

Global technology company ABB is leading a major installation of new drives, control systems and quality control solutions (QCS) for Iggesund Paperboard in Sweden, driving increased safety, higher availability and more stable operations for the board mill.

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Environmental

Domtar's support of American Forest Foundation (AFF) biodiversity conservation initiatives is helping protect at-risk or endangered wildlife, especially in the Southeastern United States.

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Amusing & Interesting

Major Announcements

Södra's new cross-laminated timber, CLT, is a fast mover in the market. For this reason, Södra is investing in a new facility that will increase the production capacity of timber frames ten-fold. The facility is expected to be commissioned in mid-2022.

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Restructurings

UPM Timber has completed the employee consultation process started in early February on its plans to improve profitability and strengthen competitiveness. Based on the negotiations, the number of positions at UPM Timber will decrease by 43.

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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

Essity is acquiring the distribution rights to the wound care technology Sorbact® in Australia and New Zealand from the Australian company Bayport Brands. In 2020, sales of Sorbact® in the region amounted to AUD 1.7m (approximately SEK 11m).

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Legal

Paper Excellence already has a 49% stake in Eldorado and had sought the arbitration to be allowed to acquire the remaining stake, as determined by a 2017 sale contract.

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Major Expenditures

North Pacific Paper Company is pushing further into the recycled paper market, adding a new drum pulper that will support an existing 400 mill jobs and produce recycled packaging papers from waste material previously sent to China.

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Operations News

Police responded to a double shooting at the Dixie Pulp & Paper facility on Monday, March 15 around 11:30 p.m.

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Rationalizations

Final Word

The Final Word by Helen Roush

UPM recently announced new innovations in responsible wood construction.

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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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