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Showing 29 articles from July 4, 2017.

Reference Library

Earnings Announcements
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Withdrawal from Paris Accords arouses plenty of discord
Withdrawal from Paris Accords arouses plenty of discord

President Trump's announcement that he was pulling the USA out of the Paris Accords might have been pleasing to some of the conservatives in his base--but it certainly was displeasing to many business and government leaders.

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The PM40 closed Friday, 30 June 2017, at 3780.

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 30 June 2017 up 16.1% from the 1 July 2016 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate USG and Kimberly-Clark.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Amusing & Interesting

Rottneros Develops Eco-friendly Food Packaging, Builds a New Production Line

Recyclable, renewable and degradable tray makes future brighter for food transport

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Supplier News

Excellent Start-up of Lee & Man TM 10

Successfully started up in a new record time

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Valmet Receives a Repeat Order from Nine Dragons in China

Nine Dragons in China continues growing

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Valmet Receives its Sixth Tissue Line Order from Hayat Kimya

New line will add 70,000 tons of tissue

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Valmet to Supply a Complete Tissue Production Line to ICT Iberica

Start-up is planned for the third quarter of 2018

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Valmet to Supply an Advantage NTT Tissue Production Line to Sofidel

Start-up is scheduled for third quarter 2018

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Culture & Marketing

Norbord Secures Wood Allocation for Chambord, Quebec OSB Mill
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Market News of Note

Appvion Finds Temporary Warehouse Space

Facility was damaged by a tornado on June 14

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Stora Enso to Permanently Shut Down Paper Machine in Sweden

Shut-down due to structural weakening of magazine paper demand in Europe

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Tolko to Restart High Prairie Oriented Strand Board Mill

Production expected to begin in the first quarter of 2018

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WestRock Facility in Covington, Virginia Cited for Workplace Fatality

Failure to maintain equipment

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Major Expenditures

Georgia-Pacific Announces its Palatka, Fla. Receives Investment of $400 Million

Startup of the upgraded operation is scheduled for 2019

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Krugers' Crabtree Machine Near Completion

Upon completion of the project, more than 11,000 hours of training will have been given

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Metsä Tissue to Rebuild Greaseproof Paper Machine at Düren Mill

Products are made of fresh fibre and the wood originates from sustainably managed Northern forests

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Södra is Investing About SEK 35 Million

Enable production increases in the future

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UPM Continues Developing Pulp Business

Kaukas pulp mill receives upgrade with a EUR 30 million investment

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Mergers & Acquisitions

DS Smith to Buy US Corrugated Packaging Group

First step into the packaging market

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Huhtamaki Strengthens its Position in China

Capacity and capability to serve customers expands

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Sonoco to Acquire Clear Lam Packaging, Inc.

Expands company into high barrier flexible and forming films capability

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WestRock to Acquire Assets from Island Container Corp. and Combined Container Industries LLC

Assets will include a corrugator and corrugated converting operations

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Major Announcements

Metsä Group's Bioproduct Mill to Begin in August 2017

Largest investment in the history of Finnish forest industry

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Bemis Co. Announces Actions to Reduce Cost Structure

To improve profitability by reducing manufacturing and administrative cost structure

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Final Word

The Final Word by Steve Roush
The Final Word by Steve Roush

Personalities in the Pulp & Paper Industry: the 6-ton elephant in the room no one talks about

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