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Showing 27 articles from January 16, 2018.

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

Ladies and gentlemen, the first class of inductees to the Paper Industry International Hall of Fame in Appleton, Wisconsin was inducted more than two decades ago in 1995, and today, more than 130 papermaking innovators and legends have been enshrined. This month, we profile the late Ernst Richard Behrend, founder of the Hammermill Paper Company, who was posthumously inducted into the Hall of Fame back in 2012.

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The PM40 closed Friday, 12 January 2018, at 4420.

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 January 2018 up 20.2% from the 13 January 2017 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate 3M and Weyerhaeuser.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

Australian Tissue Producer Encore Tissue Started up a New TT SYD at its Laverton North Mill

Toscotec is confirmed as global supplier of Steel Yankee Dryers, with installations across five continents

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Valmet's First Large Volume Chip Storing System in Portugal

System has been running very well since the start up in May 2017

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Voith and Suzano Papel e Celulose Strengthen Successful Technological Partnership with the Start-Up of Two Tissue Machines

Capable of manufacturing approximately 220 metric tons of paper per day at a speed of 2,000 meters per minute

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Culture & Marketing

BillerudKorsnäs is Impacted by Shortage of Pulpwood

Shortage is due to wet and mild winter

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Market News of Note

American Eagle Paper Mills Introduces Eagle Inkjet 100

Produced from 100% post-consumer recycled fiber

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Sappi Expands its Container Board Product Range

Experienced in the manufacture of uncoated papers

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Valmet Introduces a Recovery Boiler Leak Detector with Advanced Analytics

Improved boiler safety and reduced damage risks

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Labor & Union Actions

Finnish White-collar Workers Threaten Strike in Paper Industry

Dispute with employers over a new wage deal

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Law Firm Files Suit Against Deltic

Shareholders of Deltic Timber Corp. claimed to have been harmed by Deltic's and its board of directors' alleged violations

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Major Expenditures

New Paper Machine Planned by VPK Packaging Group

To be operational by 2020

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PaperWorks Invests $3 Million in Warehouse for Wabash, IN Paperboard Mill

Expected to be operational during the first quarter of 2018

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Mergers & Acquisitions

Millar Western Acquires Spruceland Millworks

Continuing to execute its growth strategy

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Southworth Sells Agawam Facility for $1.9 Million

Turners Falls paper mill sold for $4 million

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WestRock Completes Acquisition of Plymouth Packaging

Expects additional containerboard integration opportunities

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Final Word

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

Millennials and the paper industry

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Operations News

Bemis Plans to Shut Down its Shelbyville, Tenn. Facility This Summer

77 employees will be affected

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Clearwater Paper Plans to Downsize at Lewiston, Idaho Facility

100 union jobs to be eliminated

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Flambeau River Papers Shutting Down Paper Machine

Cutting 80 jobs

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Irvin Paper Shuts Down Mill Over Butane Gas Detected in the Air

Mill shut down and evacuated

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Massive Fire at Santa Clara Caraustar Facility

No injuries reported

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Norske Skog will Shut Down Ettamogah Plant to Help NSW and Victoria Avoid Summer Blackouts during Peak Electricity Demands

14 other industrial electricity users and producers have signed contracts

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