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Showing 24 articles from August 16, 2016.

Reference Library

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

The first class of inductees to the Paper Industry International Hall of Fame was inducted 21 years ago in 1995, and today, more than 100 papermaking innovators and legends have been enshrined. This month, we profile North America paper pioneer William Rittenhouse.

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The PM40 closed Friday, 12 August 2016, at 3376.

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 12 August 2016 up 5.1% from the 14 August 2015 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Universal Forest Products and Bemis.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

ANDRITZ to Supply Systems to Thailand

Start-up is scheduled for September 2017

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Valmet to Supply a Moisturizer System to China

Enables the mill to improve board quality on its paper machine PM2

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Voith Receives Order from Lee & Man

The location for the TM 11 and TM 12 is in Dongguan, China

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Market News of Note

Catalyst Shuts Down Paper Machine No. 9

Plans to focus on revitalizing the Powell River mill for the future

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Kadant Solutions Expands Manufacturing Capacity

Expansion to produce ceramic-tip creping blades

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Metsä Board to Close Down Machine in Kyro

The demand for wallpaper base is decreasing globally

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Polesine to Rebuild PMs and Increase CCM Capacity

To increase its containerboard capacities by 30,000 tpy

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Labor & Union Actions

Italy's Rocca Paper Mill have been on and off Strikes

29 employees have been affected

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RR Donnelley & Sons Company Announces Transfer to NYSE

Common stock will begin trading on the NYSE on August 22, 2016

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Major Expenditures

Catalyst to Improve Operational Efficiency

Investment of approximately $2.7 million in two projects at its Wisconsin mill

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Heinzel Group to Invest EUR 100 Million in Laakirchen

The most competitive and environmentally friendly paper mills in Europe

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Sappi North America Invests $25M in its Woodyard

To modernize the wood debarking, chipping and chip distribution systems

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Mergers & Acquisitions

Cascades has Taken a Majority Position in Longhorn Paper Converting

This latest initiative will expand its coverage of the US even further

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Conner Industries Completes Acquisition

Operations have now been expanded to Wichita, KS

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International Paper's Acquisition of Weyerhaeuser Pulp Business

Completion of the transaction is expected to occur in the fourth quarter of 2016

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More kraft capacity to compete with North American mills

Despite the continuing reduction in demand for communications grades of paper, world demand for bleached kraft pulp seems to keep growing, but we are still seeing contraction rather than expansion in North American mills.

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Final Word

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

Stand by for vehicle burning hydrogen instead of fossil fuels

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Resolute Continues to Lead in Reducing Carbon Emissions

The C$7.4 million project involves the capture of up to 30 metric tons of CO2/day

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