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Showing 35 articles from June 7, 2016.

Reference Library

Earnings Announcements
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Where to now?
Where to now?

This past week the US jobs generation report came in at its lowest monthly level in six years. We have the most amazing presidential race in my lifetime under way in the United States. Britain is voting this month on leaving the European Union. A politician from Estonia thinks everyone should have a unique ID that they must use every time they log onto the Internet so big brother can track everything everyone does. And money is as cheap as it has ever been in my lifetime. What should a paper industry executive do?

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The PM40 closed Friday, 3 June 2016, at 3283.

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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The PM40 closed 3 June 2016 down 2.2% from the 5 June 2015 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate RR Donnelly and UPM Kymmene.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

Toscotec AHEAD Tissue Machine at Syasstroy Mill

Syasstroy's site is one of the most efficient Russian paper mills

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Valmet to Supply a Sulfuric Acid Plant to Finland

Sulfuric acid plant to be installed to Metsä Group's bioproduct mill in Äänekoski

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Valmet to Supply an Extensive Board Machine Rebuild in India

Rebuilt machine is scheduled for the fourth quarter of 2017

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Valmet to Supply Recausticizing Upgrade to Russia

Upgrade includes both technology and automation deliveries

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Valmet to Supply Upgrades at Södra

The delivery is scheduled for the fall 2016

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Culture & Marketing

UPM Pellos Mills Europe's Largest Manufacturer of Coniferous Plywood

Mills exceeded 10 million cubic meter's in total production

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Voith to Open Roll Cover Facility in Chile

Customers on the South American Pacific coast to benefit

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Market News of Note

Fibria Raises Capacity of New Pulp Project

Horizonte 2 will produce 1.95 million metric tons of wood pulp

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Graphic Packaging to Close Another Folding Carton Facility

117 workers without jobs

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Klabin Announces General Shutdown at Otacílio Costa Unit

The company will conduct maintenance between June 6 and 16

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Kotkamills to Start the New Board Machine

The intensive project has demanded extensive work

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Nippon Paper Industries Builds the World's Largest Cellulose Nanofiber Large-Scale Production Facility

This facility will produce CNF from wood pulp

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Norbord Mill Resumes Production

Production resumed over the weekend following a fire that occurred on May 4th

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Stora Enso's Consumer Board Machine at Beihai Mill is Up and Running

The first consumer board on reel was produced 18 months after the start-up

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UPM is Changing its Corporate Structure

Corporate structure change does not include personnel reductions

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Verso Corporation Introduces GlazeGuard™

Specifically designed for flexible packaging applications

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WestRock Announces Completion of Ingevity Separation

Ingevity Corporation is now an independent public company

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Joint Venture

Canfor and Licella Fibre Fuels Enter into a Joint Venture

This additional residue stream refining would allow Canfor Pulp to further optimise their pulp production capacity

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Resolute Fined for 2014 Injury at Iroquois Falls Mill

Iroquois Falls mill has since closed

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Verso Receives Bankruptcy Court Authorization

Verso is ready to accept and fulfill specialty paper orders for customers

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Mergers & Acquisitions

Cascades Completes a Transaction with US-based Rand-Whitney

The acquisition will allow us to increase our converting capacity

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Holmen Invests in a Wood Treatment Plant

The investment is estimated to amount to SEK 50 million

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Huhtamaki Enters the Folding Carton Packaging Business

Net sales for the year 2016 are expected to be approximately EUR 70 million

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Ilim Group is the Main Owner of a Corrugated Packaging Facility

The group now has a total annual capacity of 290 million square metres per year

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Pratt Industries Acquires Minnesota Corrugated Box

Acquired the Albert Lea-based company for almost $70 million

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Principal Stakeholders and KGI Enter into a Potential Acquisition of Catalyst Paper

Provides the Company with a significant amount of capital

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Stora Enso to Divest its Kabel Mill in Germany

The cash consideration for the divestment of the assets is approximately EUR 23 million

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Final Word

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

Driving into the future--without a driver

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Just in....

Fatal Accident at Valmet's Project Site in Sweden

Investigation is ongoing

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