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Normal not Normal

For sure, your job as CEO just got tougher, and pulling out the employee handbook from 2019 seems so, well, so 2019.

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The PM40 closed Friday, 30 July 2021, at 4187.

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 Stora Enso and Greif.

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The PM40 closed 30 July 2021 up 75.7% from the 31 July 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

The ongoing rise of raw material costs, particularly pulp, chemicals and energy in combination with extremely high freight rates due to global logistic constraints make further price adjustments unavoidable.

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Supplier News

Veracel Celulose S.A., one of the biggest pulp producers in Brazil and part of Europe's second largest paper producer Stora Enso, has commissioned Voith to upgrade its Quality Control System (QCS) of scanner and sensors for the company's PDM 1 in Eunapólis, Brazil. The upgrade comprises a complete rebuild of one of the biggest scanners supplied by Voith to a customer in South America.

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Environmental

Sustainable packaging leader DS Smith's paper mill in southeast Georgia has earned top honors as an industry leader in energy efficiency.

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Amusing & Interesting

Major Announcements

International Paper subsidiary Sylvamo has chosen an East Memphis headquarters after being awarded a jobs Payment-In-Lieu-Of-Taxes inventive by the Economic Development Growth Engine for Memphis and Shelby County.

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Restructurings

BillerudKorsnäs is in a process with the aim of divesting the paper mill in Beetham, UK. The process is ongoing and no binding agreement to divest the mill has yet been entered into. Since BillerudKorsnäs' machine glazed (MG) paper business has primarily been focused in Skärblacka, the strategic importance of Beetham to the rest of the group has been reduced.

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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

Stockholders of Domtar Corporation today approved a proposal to adopt a business combination with Paper Excellence B.V. whereby Karta Halten B.V., an affiliate of Paper Excellence, will acquire all of the issued and outstanding shares of Domtar common stock for $55.50 per share in cash pursuant to an agreement and plan of merger dated May 10, 2021 (the "Merger").

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Legal

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.

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Major Expenditures

Pregis, a leading global manufacturer of protective packaging, is announcing a $80 million investment in a new, state-of-the-art blown film extrusion facility in Anderson, South Carolina.

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Operations News

Ahlstrom-Munksjö will restart one of its saturator in its Turin plant in Italy to support strong demand for high performance filtration media.

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Rationalizations

Final Word

The Final Word by Helen Roush

Researchers: Recycled paper could cool buildings without electricity

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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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