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Showing 25 articles from March 19, 2019.

Capital Projects

Earnings Announcements
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Departments

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 Edwin Cowles, who was inducted into the Hall of Fame in 2000.

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PM40

The PM40 closed Friday, 15 March 2019, at 3553.

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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RearView

The PM40 closed 15 March 2019 down 15.3% from the 16 March 2018 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Stora Enso and Kimberly-Clark.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Market News of Note

Arctic Paper Signs Agreement on Sustainable Energy Supply in Munkedal

Expected to be put into operation in two years

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DS Smith and Energy Provider E.ON Announced the Signing of a Major Agreement

Planned for commission in 2021

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Graphic Packaging International Approved to Join Amazon Packaging Support and Supplier Network (APASS)

Meeting the demands of today's e-commerce packaging

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Hamburger to Increase Recycled Containerboard Capacity in Dunaújváros

Mill will increase by 30,000 tpy in the coming two years

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Rengo Subsidiary Tri-Wall Establishes New Company in Mexico, Turkey

Continuing to promote the expansion of business

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Six-month Deal with Brazilian Company, Suzano, for Pulp Shipments Through Port of Baltimore

Deal that could yield as much as 120,000 tons of wood pulp

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Major Expenditures

GP's Rome Lumber Facility Investing $30 Million To Improve Efficiency And Enhance Product Quality

To be completed by end of November, 2019

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Kimberly-Clark Investing $115 Million in Beech Island, Georgia Facility

Facility is growing internally over the next five years

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Nippon Paper Industries Constructs a New Manufacturing Facility for Highly Functional Cellulose at the Gotsu Mill

To be completed in November 2020

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Stora Enso Invests in Next-generation Renewable, Recyclable and Biodegradable Formed Fiber Solutions

Expected to be on the market by the end of 2019

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Mergers & Acquisitions

Amcor Expects to Wrap up Bemis Buy in May

Expected to close by May 15, 2019

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Merger Confirmed Between SCA Wood France and Groupe ISB

Final merger agreement was signed and completed 4th March 2019

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WestRock Acquires Linkx Packaging

Automated packaging system to be expanded

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Final Word

The Final Word by Helen Roush
The Final Word by Helen Roush

An opportunity for TP producers?

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Operations News

Arctic Paper Closes Fine Paper Machine PM 7 at Grycksbo

PM 7 had already been standing still since around October 2018

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Bear Island, Virginia Mill is Being Idled Again

Cascades plans to start production of containerboard at the plant in 2021

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First Wave of Georgia-Pacific Layoffs in Louisiana

Affecting 270 workers

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Lecta Temporarily Stops Line 8 Production at its Condat Mill In France

Decrease in coated paper demand

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Metsä Wood Starts Statutory Labour Negotiations

Needed layoffs are planned to take place during 2019

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