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Celebrating all things paper: The wonder and the legacy, continued

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, more than 150 papermaking innovators and legends have been enshrined. This month, we profile the late Margaret E. Knight.

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The PM40 closed Friday, 12 July 2024, at 5575.

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 Avery Dennison and PotlatchDeltic.

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The PM40 closed 12 July 2024 up 8.3% from the 14 July 2023 level.

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Reported insider trading since the last issue of PaperMoney.

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Just in....

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NOREXECO

Interview with NOREXECO | NOREXECO,

In this special episode, we talk with Stein Larsen, CEO NOREXECO ASA.

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Market News of Note

The chief financial officer of newly formed paper packaging giant Smurfit WestRock said consumer demand is coming "along nicely" and at similar levels in the second quarter to the growth seen in the first three months of the year.

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Supplier News

Swedish forest industry group Södra has selected international technology group Andritz to supply a complete solution for kraft lignin production to its Mönsterås pulp mill in Sweden.

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Environmental

The U.S. Environmental Protection Agency announced that Clearwater Paper Corporation of Lewiston, Idaho, will pay a combined $367,088 in penalties for failing to properly report releases of hazardous chlorine emissions that occurred in 2019, 2020 and 2021.

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Amusing & Interesting

Whish of these do you understand the LEAST?

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Major Announcements

Mats Nordlander, Head of Business Areas Containerboard and Pulp, has decided to leave SCA during 2024. Mats Nordlander will remain in his role as Head of the both Business Areas until December 31.

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Restructurings

The plan is for DuPont to turn its electronics and water businesses into their own companies in a transaction that is tax-free to shareholders. The new companies are unnamed as of now.

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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 2024 | fire, accidents, fatality, disaster, explosion, pulp, paper, industry,

Incidents in 2024: 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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Industree 4.0

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

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Corporate SEC Filings

Pulp and Paper Manufacturers report to the US Securities and Exchange Commission

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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

Ansell Limited, a global leader in protection solutions, announced it had successfully completed the acquisition of Kimberly-Clark's Personal Protective Equipment (KCPPE) business.

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Legal

The Securities and Exchange Commission today announced that R.R. Donnelley & Sons Company (RRD), a global provider of business communication and marketing services, agreed to pay over $2.1 million to settle disclosure and internal control failure charges relating to cybersecurity incidents and alerts in late 2021.

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Major Expenditures

Stora Enso's EUR 1 billion investment in its Oulu mill in Finland is being financed, in part, by a new long-term bilateral loan.

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Operations News

One firefighter was taken to the hospital with heat-related injuries, emergency management said.

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Joint Venture

The Atlas truck has the potential to save up to 8,300 liters of diesel per month and reduce CO2 emissions by approximately 21 tons.

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Final Word

The Final Word by Helen Roush

European cities are giving their dead leaves to a startup called Releaf Paper to turn them into shopping bags and paper.

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