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Showing 25 articles from April 17, 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 Lewis Miller Alexander, president of Nekoosa-Edwards Paper Company (Nepco), who was posthumously inducted into the Hall of Fame in 2017.

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The PM40 closed Friday, 13 April 2018, at 4176.

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 13 April 2018 up 14.3% from the 14 April 2017 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Sonoco and Graphic Packaging.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

APP Successfully Starts Up Toscotec's Prodergy Tissue Machine at its Perawang Mill

Start-up is part of a major order to be installed

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Grupo Gondi Selects Voith for New Machine

Scheduled for start-up in early 2020

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Valmet Receives Orders from E.I.L

To be installed on three new tissue machines during 2018

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Valmet to Supply Automation Technology to PT. Buana Megah in Indonesia

Scheduled to take place in the third quarter of 2018

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Market News of Note

Mpact Announces Opening of its New Corrugated Factory In Port Elizabeth

New machine more than doubles the factory's capacity while also improving quality

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Major Expenditures

Ahlstrom-Munksjö Plans to Invest for Improved Financial and Environmental Performance

Two investment projects totaling EUR 27 million

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Domtar Announces Millions in Improvements to Kamloops Mill

To further its pollution reduction and safety improvement efforts

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Kimberly-Clark Announces Strategic Investment in its Mobile, AL Mill

Two-year project is expected to deliver improved capacity

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The Westervelt Company Plans to Construct New Lumber Mill

Will create more than 100 new jobs

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Universal Forest Products Opening New Facility In South Carolina

To come online in the fourth quarter of 2018

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Mergers & Acquisitions

Twin Rivers Paper to Acquire Pine Bluff, Arkansas Paper Mill

To be completed in second quarter of 2018

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UPM Sells its Myllykoski Mill Site and Premises

Redeve Oy received ownership on April 10, 2018

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Major Announcements

Work Under Way at New Pratt Mill Site

100 jobs will be created once construction is complete in 2019

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Essity Restructures in Spain

To optimize the production footprint

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Final Word

The Final Word by Chuck Swann

Choose your environmental enemy

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Operations News

Catalyst Cuts Back Production at Powell River Mill

Layoffs are not anticipated

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Pulp Production Resumes at Sappi Stockstadt Mill

Five days of downtime caused by a fire

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Sappi to Lift Dissolving Cellulose Output

Capacity to increase about 50% over the next five years

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Sonoco Informs Florence, AL Employees of Closing

Will close by the end of May 2018

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