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Showing 29 articles from August 1, 2017.

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 more than two decades ago in 1995, and today, more than 125 papermaking innovators and legends have been enshrined. This month, we profile the late Charles N. Egan.

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The PM40 closed Friday, 28 July 2017, at 3771.

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 28 July 2017 up 10.5% from the 29 July 2016 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Amcor and Mercer International.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Amusing & Interesting

CirTec Gives Toilet Paper a Second Life

About 400 kg of cellulose a day is recovered from sewage

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Supplier News

Pasaban Provides the Optimum Solution for Polish Company

Technology to improve production

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Market News of Note

Fire at Corner Brook Pulp and Paper Wood Yard

Cause of the fire is being investigated

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Georgia-Pacific Mill in Thorold to be Demolished

Demolition to be carried out in an environmentally sound manner

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Glatfelter Announces Cost Reduction Measures

Planned to end by September 30, 2017 and will result in the elimination of approximately 50 manufacturing jobs

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Mondi Postpones Start of New Containerboard PM 19 at Ružomberok Mill

Start-up date pushed back to 2020

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Papierfabrik Utzenstorf will Cease Newsprint Production

Shrinking market causes shutdown

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Resolute Halts Newsprint Production at Baie-Comeau

Production delayed for a month

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Tembec Shareholders OK Rayonier's Sweetened Takeover Bid

Subject to regulatory approvals

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Tolko Quesnel Operations Curtailed

Shortage of logs due to fire activity in the area

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Verso to Permanently Close 200,000 Tons of Annual Production Capacity in Maine

Shutdown will impact approximately 120 employees

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Western Forest Products Indefinitely Curtails Somass Sawmill

Curtailed operations is in response to the lack of log supply to operate the mill efficiently

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WestRock to Lay Off 152

Wheatley Heights, N.Y. facility to close by end of October

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Major Expenditures

Canfor Pulp Announces Northwood and Taylor Pulp Mill Energy Projects

Upgrade will be approximately $105 million

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Södra is Investing in the Långasjö Sawmill

Old sawmill from 1982 will be demolished to make way for a new profiling line

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Mergers & Acquisitions

Cascades Announces the Sale of its Equity Holding in Boralex

To sell for an amount of $ 287.5 million

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Rayonier Advanced Materials and Tembec Announce Increase

Increased Consideration Valued at C$4.75

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Solenis Completes Acquisition of Nopco Colombiana

Will be integrated as part of its direct-to-market strategy in emerging markets

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Sonoco Completes Acquisition of Clear Lam Packaging, Inc.

$170 million in cash

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Stora Enso to Divest its Holding in Bulleh Shah Packaging

To be completed in the third quarter of 2017

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West Fraser Announces Major U.S. Acquisition

To close in the third quarter of 2017

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Major Announcements

Cascades Inaugurates New State-of-the-Art Tissue Converting Plant

The new plant is one of the fastest bath lines in the world

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Final Word

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

A new life for used toilet paper? Yes, used.

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