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Showing 28 articles from February 20, 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 Charles Boyd, founder and chairman of The Appleton Coated Paper Company, who was posthumously inducted into the Hall of Fame back in 2001.

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The PM40 closed Friday, 16 February 2018, at 4149.

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 16 February 2018 up 11% from the 17 February 2017 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate PCA and Bemis.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

ANDRITZ Successfully Starts Up Tissue Machine with the World's Largest Steel Yankee Dryer

Paper production on the new tissue machine started well ahead of schedule

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ANDRITZ to Modernize DIP Line at Metsä Tissue

Continuing to upgrade the pulping process

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Valmet to Replace its First-ever Damatic Classic Automation System

Project to be completed by mid-2019

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Valmet to Supply a Cooking Plant Rebuild and Brown Stock Washing to Smurfit Kappa

Start-up is planned for May 2019

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Valmet to Supply a Wet End Rebuild for Sappi Gratkorn Mill in Austria

Start-up is scheduled for 2019

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Culture & Marketing

Stora Enso to Supply Wooden Constructions for Finland's Tallest Wooden High-rise Building

Scheduled for completion in autumn 2019

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Market News of Note

APP Eyes India for Possible Mill

Will start production within two-and-half-years if the State government allocates the required land

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Glatfelter Explores Sale of Specialty Papers Division

No timeline for a decision

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SCA Launches Environmental Impact Assessment

Possible increase at Obbola paper mill

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Smurfit Kappa Continues its Investment in Mexico

Continuing its investment in sustainable technology in Mexico

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Labor & Union Actions

Fair Work Commission to Rule on Strike at Australian Paper

87 workers have been affected

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Major Expenditures

International Paper Increasing Investment in Selma, Alabama Mill

Plans to invest $552.7 million to boost productivity

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Versowood Invests in Valutec Kilns

Plans to increase annual production

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Mergers & Acquisitions

Appvion Enters into Sale Agreement

Group of lenders to provide stalking horse bid in court supervised sale process

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Klabin Acquires Interest in Israeli Startup Melodea Ltd.

Investment of US$2.5 million will strengthen company's Research, Development & Innovation

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Oji Paper Buys 33% Stake in Mitsubishi Paper Mills

To be completed by the end of 2019

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Major Announcements

Verso Announces Plans to Restart Paper Machine in Jay, Maine

To create approximately 120 full-time jobs

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Final Word

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

Are electric trucks coming over the horizon?

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Operations News

50 Sick After Lethal Gas Spews from Paper Mill

Garbage bin spewed poisonous smoke

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Company Says It Will Bring 100 Jobs To Former Millinocket Paper Mill Site

Expected to be operational within a year

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Kimberly-Clark to Close Facility in California

Due to sluggish sales blamed on the slowing national birthrate

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Metsä Tissue Moved to Bio Energy in Heat Generation in Sweden

Now using fossil free and CO2 neutral steam generation

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