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Showing 31 articles from May 5, 2015.

Reference Library

Earnings Announcements
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The Future Workforce
The Future Workforce

As automation devices, from controlling software, actual robots and drones become ever more proficient, you will adopt them in order to keep up with your competitors. Already, the most automated paper mills are seeing a 10 - 30% improvement in their personnel requirements over conventionally configured mills. In downstream processes, converting and printing, the numbers are even higher. Where the challenge is going to be is in those required to maintain all of this "machinery."

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The PM40 closed Friday, 1 May 2015 at 3411.

5 May 15 Get the latest PM40 update by listening to the weekly Nips show by Pulp & Paper Radio International.

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The PM40 closed 1 May 2015 up 4.4% from the 25 April 2014 level.

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Disconnected Comparisons

In this issue we evaluate Rock-Tenn Company and Schweitzer-Mauduit.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

ANDRITZ and Metsä Fibre Oy Finalized Contract

The new mill will be a next-generation bio-product pulp mill

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ANDRITZ to Rebuild Paper Machine for Suzano

Will produce around 100,000 tons of fluff pulp per year

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Toscotec Supplied Tissue Machine in Portugal

Produces high quality tissue products

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Valmet and Metsä Fibre Finalized Order Agreement

The recovery boiler, pulp drying line and lime kiln will be the largest in Europe

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Valmet to Supply Key Technologies to Kotkamills

To convert the existing printing paper production line to produce high-quality folding boxboard

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Valmet-Supplied Tissue Lines in Turkey and Russia

Both machines will produce high-quality facial, toilet and towel grades

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Market News of Note

3 People Injured in Accident

An investigation is currently underway

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Contractor Injured in Accident at International Paper Mill in Texas

Internal incident investigation is under way

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Fire Erupts Inside Debarking Machine at Glatfelter

Crews dispatched, no one injured

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Kimberly-Clark Professional Launches New Products Made with Plant Fiber

Products are made with 20 percent plant fiber in place of tree fiber or recycled fiber

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Metsä Board Divests Gohrsmühle Mill

A major profit improvement measure

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New Pulp Mill to be Built in Vietnam

Will add 400 000 tonnes of pulp to the market

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Quest Wood to Experience Downtime

Anticipate the curtailment will be one week in duration

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Tullis Russell in Administration

In yet another blow to the UK paper industry

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Worker Killed in Accident at Quad/Graphics Facility

OSHA is investigating

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Arbitration Case in Montes del Plata Settled

The settlement agreement results in a USD 44 million cash payment

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Major Expenditures

Cascades Invests $25M in Candiac and Kingsey Falls

A new state-of-the-art converting line

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Georgia-Pacific Invests $50 Million in Plant Renovations

Biggest expense is an upgrade to its pulp mill

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Orchids Paper Announces Plans For New Facility

Will provide high quality products

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UPM Strengthens its Position

Expansion to double the mill's production

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VPK Starts Up Cartonneries de Wallonie

Focus will be on the production and distribution of corrugated packaging

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Mergers & Acquisitions

Remabec Acquires Kruger's Forest Products Assets

Will maintain more than 300 production jobs

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Sale of SKG Solidboard and Graphicboard Operations

Net assets amounting to €42 million

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Major Announcements

Metsä Group to Build Next-Generation Bioproduct Mill

Will make a significant impact on the Finnish economy

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Final Word

The Final Word by Chuck Swann
The Final Word by Chuck Swann

A Look at the latest Paper and Board Production Stats

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