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Showing 33 articles from June 5, 2018.

Reference Library

Earnings Announcements
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Risks, Fires and Catastrophes

I know you know we are very safety minded here at Paperitalo Publications. Do you ever go over a couple of columns on this website and look at the department "Risks, Fires and Catastrophes?" Just taking a quick look at it, the mayhem this year is on pace to equal or exceed last year.

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The PM40 closed Friday, 1 June 2018, at 4112.

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 1 June 2018 up 10.8% from the 2 June 2017 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate UPM Kymmene and Louisiana Pacific.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

ANDRITZ to Optimize Plant Operations at Zellstoff Pöls Pulp Mill

Guaranteed reliable production

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ANDRITZ to Supply Bio-methanol Plant for Södra's Mönsterås Mill in Sweden

Start-up of the plant is scheduled for the third quarter of 2019

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MHPS Receives Order for 97 MW Steam Turbine Power Generation System for Pulp & Paper Mill in Indonesia

Scheduled to begin operations in year-end 2019

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Valmet to Supply a Tissue Machine Restart-up Package for Xiamen Sin Yang Paper Co.

Start-up is scheduled for July 2018

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Market News of Note

Kotkamills en Route Towards a Plastic Free World - One Coffee Cup at a Time

Plastic-free enables the products to be easily recyclable

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Metsä Group to Build Demonstration Plant for Textile Fibers

Portfolio of wood based products expanding

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Progroup Starts Construction of its New Paper Mill in Eastern Germany in Early 2019

Construction is currently scheduled to begin in the first quarter of 2019

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UPM Renames itself UPM Communication Papers

Continuing its global outreach

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Joint Venture

Crecia-Kasuga Completes Construction of a New Production Facility for Household Paper Products

Annual production capacity is approximately 36,000 tons

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Stora Enso Accelerates Growth in Renewable Materials

To combat the global problem of plastic waste

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Valmet and Georgia-Pacific Enter Agreement on eTAD(TM) Technology

Technology was developed by Georgia-Pacific

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Major Expenditures

BSW Announces €40m Investment Plans for Slovenian Sawmill

Construction to begin in September 2018

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Kimberly-Clark to Expand Production

14 new jobs to be added to the North Carolina nonwovens plant

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Resolute to Invest Over $52 Million in its Saint-Félicien Pulp Mill in Quebec

To be completed by the end of 2019

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Mergers & Acquisitions

Bain Capital to Acquire Gruppo Cordenons

Transaction remains subject to customary regulatory approvals

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Catalyst Paper Enters into Agreement to Sell U.S. Mills

Purchase price to ND Paper LLC to be US$175 million

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Conifex to Acquire US Sawmills from Blue Wolf Capital Partners

To be closed at or around the end of the 2Q 2018

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DS Smith Plc to Acquire North American Corrugated Packaging Business

Investment includes four facilities in North America

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Green Bay Packaging Inc. Announces Acquisition of Wisconsin Packaging Corp.

Acquisition was effective May 31, 2018

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Huhtamaki Acquires the Majority of CupPrint in Ireland

Purchase price was approximately EUR 22 million

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SKG to Acquire Reparenco for Approximately €460 Million

Expected to close transaction during the 2nd quarter

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Sonoco to Acquire Conitex Sonoco Joint Venture

Expected to close in the third quarter of 2018

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Nippon Paper Group Announces Reorganization

Plans to continue its employment of the 350 employees

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Final Word

The Final Word by Chuck Swann

When too much government is not enough

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Operations News

Boise Cascade Announces Curtailment of Lumber Operation in Elgin, Oregon

Operations to cease by mid-July

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Interfor Resumes Operations at Grand Forks Sawmill

Severe flooding curtailed operations

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Sixty Employees to be Laid off at Essity Mill in Ohio

Layoffs are expected to be permanent

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