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Showing 32 articles from September 5, 2017.

Reference Library

Earnings Announcements
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Pratt finds gold in going green
Pratt finds gold in going green

Pratt Industries USA has four 100% recycled board mills; in Conyers, Georgia; Staten Island, New York; Valparaiso, Indiana, and Shreveport, Louisiana. They stay busy cranking out medium and linerboard to feed the company's 60-plus converting and box making plants now operating in more than 25 US states and in Mexico. But in all the company's operations, there are no blue-collar employees. Instead, Chairman Anthony Pratt insists that all Pratt people have green-collar jobs. This is in keeping with the company's understanding that it is not merely a board-and-box manufacturer; it is a recycling company.

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The PM40 closed Friday, 1 September 2017, at 3748.

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 1 September 2017 up 7% from the 2 September 2016 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Deltic Timber and Potlatch.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Amusing & Interesting

World's Tallest Wooden Building

Completion by March 2019

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Supplier News

Arctic Paper Improves Production Performance with Greycon Upgrade

Additional benefits from upgrade keeps improvements on incline

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SAICA Improves Customer Service with Pesmel Automated Roll Warehouse

Production start-up will be Q1/2019

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Voith Builds New XcelLine Board Machine for Bohui Paper Group

One of the largest board machines in the world

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Culture & Marketing

New Kerto® LVL Line at Lohja Mill Starts Up

The new line will reach full capacity within one year

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Tembec Pushes the Limits of Viscosity

New world record for viscosity of a wood pulp was achieved

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Market News of Note

Armed Men Destroy Two Dozen Logging Trucks in Chile

Years-long conflict with forestry companies heat up

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Chinese Company Tranlin to Pay Back $5 Million to Virginia

Plans on hold to build a paper products mill

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Fibria's New Pulp Mill Starts Operations Ahead of Schedule

Will have production capacity of 1.95 million tons of eucalyptus pulp per year

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Fire at WestRock Facility Extinguished

No injuries reported

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Fire Breaks Out at PCA Facility

There were no injuries

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Japan Pulp to Invest in India

Will establish a used-paper collection facility by year's end at a cost of nearly 100 million yen ($920,000)

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Metsä Group Started up its Bioproduct Mill

Deliveries from the new mill to customers will begin in early September 2017

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Norpac to Slash Production; Potential Layoffs Loom

Struggles to make the facility more profitable

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Joint Venture

Atlantic Packaging Products Ltd Announces Strategic Partnership with York Container Company

To expand geographically and extend our capabilities to a broader customer base

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Major Expenditures

Anthony Pratt Pledges to Invest $2 Billion in Visy Australia

More than 5,000 manufacturing jobs under a bold 10-year expansion strategy

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Domtar Inaugurates Its Second Generating Unit at Windsor Mill

To improve the energy efficiency of the mill

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Metsä Wood's Birch Plywood Mill in Pärnu, Estonia

Birch plywood mill will create approximately 200 jobs

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Mondi's Machine Glazed Speciality Kraft Paper Machine

Investment temporarily delayed at Steti mill

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Södra to Invest in New CLT Facility at Värö

Investment is an important part of Södra's strategic process

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Mergers & Acquisitions

Ingevity to Acquire Georgia-Pacific's Pine Chemicals Business

Transaction to close in late 2017

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Packaging Corp. of America Announces Agreement to Acquire Sacramento Container Corp.

Closing is expected early in the fourth quarter of 2017

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Pohlig Packaging Announces Merger with Oliver Printing & Packaging

Transaction closed on August 14, 2017 and all employees retained

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Smurfit Kappa Expands its European Operations with Acquisition in Russia

Acquisition establishes Smurfit Kappa as the leading international corrugated packaging supplier in Russia

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China to Review Anti-dumping Measures

Review will begin effective Aug. 25

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Final Word

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

Major Brazilian producer changing hands

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