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Showing 22 articles from May 15, 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 Nathan H. Bergstrom, Chairman of the Board at Bergstrom Paper Company of Neenah, Wisconsin, who was posthumously inducted into the Hall of Fame in 2002.

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The PM40 closed Friday, 11 May 2018, at 4056.

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 11 May 2018 up 11.4% from the 12 May 2017 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Universal Forest Products and Kimberly-Clark.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

Valmet to Supply a Containerboard Making Line for Hamburger Rieger

Start-up is scheduled for mid-2020

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Valmet's New Hard Nip Sizing Technology Started-up at Propapier

Started up a day ahead of schedule on April 19, 2018

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Labor & Union Actions

Resolute Announces Ratification of Unifor Labor Agreement in Canada

Agreements have been reached at eight of its pulp and paper operations in Canada

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Major Expenditures

Resolute Invests Close to $13 Million in its La Doré Wood Products Facilities

Energy efficiency will be improved as operational processes are modernized

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WestRock Expanding Lanett, Alabama Operation

50 new jobs to be created

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Mergers & Acquisitions

Associated Kiln Driers Completes Purchase of Yarram Sawmill

All existing 60 employees have been offered on going employment

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Mondi to Buy Egypt-based Industrial Bags Maker

To expand deeper into the Middle East

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Oceanwood New Owner of Norske Skog AS

Anticipated to take between four and six months to obtain

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Solenis and BASF to Combine Paper and Water Chemicals Businesses

To close around the end of 2018

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K&N Paper Exits Insolvency Proceedings

Insolvency proceedings were closed in April 2018

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Final Word

The Final Word by Chuck Swann

Two Sides is on your side

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Operations News

Georgia-Pacific Mill in Augusta, Georgia to Close

Fifty-five employees will be impacted

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Holmen Mulls Board Capacity Expansion at Iggesund Mill

Capacity could be increased by around 20%

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Newsprint PM at IP's Kwidzyn Mill Still at a Standstill

Seven weeks after fire, standstill is ongoing

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NORPAC to Hire 50 New Employees

Restarts paper machine on limited basis

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Temporary Production Shutdown at Rottneros' Vallvik Plant

Shutdown due to disturbances in the bleaching plant and the recovery boiler

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