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Showing 29 articles from April 3, 2018.

Reference Library

Earnings Announcements
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Fantasy Land
Fantasy Land

The longer I live, the more I see, the more I am convinced that many members of senior management in our industry (and I suppose others) really do live in a fantasy land. If I could possibly estimate the erroneous decisions, wishful thinking or just plain stubbornness I have seen over the years in our industry in the United States alone, I would place the cost of this waste well over $20 billion, maybe even double that.

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The PM40 closed Friday, 30 March 2018, at 4111.

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 March 2018 up 10.7% from the 31 March 2017 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Stora Enso and Glatfelter.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

First ever Valmet-delivered Flash Dryer Started Up at Stora Enso

Project was completed according to schedule and all guarantees fulfilled

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Pasaban Successfully Upgrades a High Production Duplex Sheeter

Upgrade was completed in less than 10 days

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Valmet Delivering Top Results at Alas Doradas, El Salvador

Main target of the project was to increase the production capacity and save energy

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Valmet Receives Orders from Nine Dragons in China

Start-ups are scheduled for 2018 and 2019

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Valmet Supplies Baling Line to Metsä Board's Kaskinen Pulp Mill

Start-up is scheduled for the end of 2018

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Valmet to Supply a Linerboard Production Line for WestRock

Start-up is scheduled for the first half of 2020

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Valmet to Supply a Multifuel Boiler to Kipas Holding's New Paper Mill in Turkey

The start-up is scheduled for March 2020

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Valmet to Supply a Warp Control System to Stora Enso

Delivery will take place in late spring 2018

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Voith and SEPAC: Successful Partners

Continued trust and respect enable quality and quantity

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Voith's MegaPress R

Premium roll covers with optimum sheet release for high paper quality

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Market News of Note

BillerudKorsnäs Launches its First Climate-Positive Packaging

Sack dissolves during the mixing process

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International Paper's Pursuit of Smurfit Kappa May Turn Hostile

Unsolicited cash-and-stock offer of 37.54 euros per share as inadequate

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Two Companies Express Interest in Offering to Purchase Carthage Specialty Paperboard Mill

Plant reopened March 18 after it temporarily shut down

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Valmet Launches New Chrome Free Yankee Cylinder Metallizing Coating

Prolongs the expected life time of the cylinder

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Major Expenditures

Corenso Announces Investment in a New Multi-knife Cutter

To improve service and quality for customers of its operations in Germany

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Sofidel to Build its Second Greenfield Tissue Mill in the USA

To be completed by 2020

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Mergers & Acquisitions

Huhtamaki to Strengthen its Labeling Business in India

Expected to close at the end of April 2018

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Sonoco to Acquire Highland Packaging Solutions

Transaction is expected to close in the second quarter of 2018

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UFPI Signs Agreement to Acquire Certain Assets of North American Container Corp.

Scheduled to close by June 1, 2018

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Major Announcements

PCA Celebrates Groundbreaking for its New Box Plant

Scheduled for completion later this year

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Final Word

The Final Word

Smurfit Kappa Turns To Bio Fuels And Hybrid Trucks For Lower Carbon Emissions

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Operations News

Quad/Graphics Shutting Down Facility

165 people are losing their jobs

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WestRock Announces Plans to Upgrade Saltillo, MS Facility

Expected to create approximately 25 jobs

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