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Frictionless Purchasing

The marketing, sales and purchasing game has more dance steps than the latest Argentine Tango. It is this way because there are humans involved and they all come from different backgrounds. For clarification, here I am talking about the purchasing initiated by major pulp and paper companies, not the selling of their products.

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The PM40 closed Friday, 1 November 2024, at 5830.

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 Mativ and Kimberly-Clark.

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The PM40 closed 1 November 2024 up 17.5% from the 3 November 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

"As we look forward to the combination with DS Smith, we expect the transaction will close early in the Q1 2025."

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Supplier News

Additionally, the Board and Paper Mills business unit will implement temporary layoffs lasting up to 90 days during the first half of 2025.

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Environmental

In addition to having its safest year ever, more than 94% of Amcor's flexible packaging portfolio by area had a recycle-ready solution available, and 95% of rigid packaging by weight was recyclable in practice and at scale.

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Amusing & Interesting

What part of healthcare do you think is properly priced?

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Major Announcements

Stora Enso confirmed that it postponed its weekly supplier payments for a one-week period in both June and September 2024.

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Restructurings

The company's announcement on Iowa's Worker Adjustment and Retraining Notification, or WARN, website states the Waukee facility will shut down Jan. 10, idling 88 workers.

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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

Quad/Graphics, Inc., a global marketing experience (MX) company, announced that it has entered into a definitive agreement to sell the majority of its European operations for €41 million (approximately $45 million) to Germany-based entrepreneurial private capital investment manager Capmont GmbH.

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Legal

In May, Stein filed the lawsuit against the mill's Illinois-based corporate owner, arguing Pactiv Evergreen violated the terms of the incentives grant and calling for the $12 million in state funds to be returned. The company shuttered the mill in May 2023 resulting in hundreds of layoffs.

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Major Expenditures

This 30,000-square-foot facility extends service to Eastern Canadian customers and complements an existing network of three factories and two other terminals that collectively service North America-based customers.

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Operations News

Cascades Inc. announces organizational changes designed to support the Company's strategic growth by strengthening alignment, increasing agility, improving execution and accelerating decision making within the organization. These changes will take effect on November 11.

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Joint Venture

UPM Specialty Papers and Eastman have co-created a novel biopolymer coated paper packaging solution, designed for food applications requiring grease and oxygen barriers.

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Final Word

The Final Word by Helen Roush

UPM, Selenis and Bormioli Pharma introduce the world's first pharmaceutical bottle partially made with wood-based plastics

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The Fine Print

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