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The PM40 closed Friday, 1 November 2019, at 3146.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

The PM40 closed 1 November 2019 down 10.4% from the 2 November 2018 level.

In this issue of Disconnected Comparisons, we evaluate Mercer International and Kimberly-Clark.

Reported insider trading since the last issue of PaperMoney.

If you are considering siting a new facility in California, proceed with caution.

DuPont announced its 2030 Sustainability Goals, underscoring the importance of sustainability in fulfilling its purpose of delivering essential innovations to help societies thrive.

GE announced an order for a multiyear services agreement with Sappi, the global provider of sustainable woodfibre products and solutions.

Kemira announced a significant capacity extension of its ferric sulfate water treatment chemicals production line in Goole, UK.

Exports will begin in 2023.

The board machine will produce coated recycled board (CRB) grades (white line chip board, WLC grades) with an annual capacity of approximately 500,000 short tons which corresponds to 454,000 metric tons.

The new paper machine at the Obbola paper mill in Umeå, Sweden, will produce 725,000 tons of kraftliner per year.

Mondi, a leading global packaging and paper company, will be planting over 3,000 trees at five of its paper mills across Europe in support of this year's European Paper Bag Day.

WestRock Company was recognized for packaging design excellence at the 76th annual North American Paperboard Packaging Competition. The company won 13 awards - the most of any entrant - including the Sustainability Award of the Year.

A roughly 350,300-square-foot warehouse and distribution facility in Mount Pleasant, Wisc. has been acquired by ND Paper, an Illinois-based paper and paper products maker, according to county records.

Beetles, tariffs and mill closures have cut into Canada's share of the U.S. lumber market, lifting prices by about a third over the past year and shifting even more logging to the U.S. Southeast.

Corner Brook Pulp and Paper Limited will be shutting down one of its two paper machines for 11 days.

Norbord Inc. announced that effective mid-November, it will indefinitely curtail production on Line 1 of its two-line oriented strand board (OSB) mill in Cordele, Georgia until further notice.

BillerudKorsnäs, together with partners, proudly presents Paboco, the paper bottle company, uniting leading experts in material, design and technology, and supported by world-leading consumer brands to bring sustainable progress to the bottling industry.

The goal of Forests in Focus is to provide customers, brand owners and investors with user-friendly analyses of the sustainability strengths and risk profile of forested lands across specified landscapes.

DuPont de Nemours Inc. never intended to saddle its spinoff Chemours Co. with "unlimited exposure" to its liabilities, DuPont's former chief executive officer said.

Federal prosecutors have filed criminal charges against an ex-finance manager from Weyerhaeuser who is accused of stealing at least $4.5 million from the timber business.

Klabin SA will invest 3.8 billion reais ($950 million) in its 'Puma 2' containerboard expansion project next year, and will end 2019 with lower stocks of cellulose than it did last year, executives said.

Enviva is to build a new production plant in Alabama. The company is expected to invest around $175 million (Euro 159.2 million) to build the plant.

The nursery will produce 15 million eucalyptus seedlings, including genetically improved clonal material from Gerdau and International Paper do Brazil.

The Town of Fort Frances faces a looming deadline while it works hard to find a buyer for the former Resolute paper mill.

International Paper on 30 Oct. 2019 announced that it has completed the sale of its controlling interest (21,873,521 shares) in International Paper APPM Limited, an India-based printing paper business, to West Coast Paper Mills Limited for approximately $85 million.

After this transaction, Stora Enso has no paper production in China.

Fortress Global Enterprises Inc. announces that the Toronto Stock Exchange has notified the Company that it is reviewing the eligibility of the Company's securities for continued listing on the TSX pursuant to the requirements of the TSX Company Manual.

On 1 November 2019, Metsä Wood is opening a new terminal in Ipswich, Suffolk, UK for landed joinery sales.

Sussex-based Quad/Graphics Inc. plans to sell its U.S. book business as part of its Quad 3.0 transformation strategy.

Georgia-Pacific is idling two rural South Carolina facilities that employ 240 workers, blaming sluggish conditions in the U.S. home-building industry.

Major changes are coming to Appvion's Spring Mill.

"After careful review of the current state of the facility, the company determined that its napkin and towel business should be produced at other GP facilities, including other facilities in Green Bay," the company wrote in a letter to state workforce development officials.

They will be exiting the following segments of their specialty business: • Pressure Sensitive • Embedded Cards • Dimensional Items • Magnets

Stora Enso plans to make organizational changes in the Paper division following the Oulu Mill conversion at the end of 2020. The planned changes could result in a reduction of a maximum of 135 employees in the Paper division.

Domtar Corporation announced a pledge to pursue new Forest Stewardship Council® (FSC) certification standards for the Canadian government lands that the company manages in the Wabigoon forest (in 2020) and Trout Lake forest (in 2021).

DS Smith Recycling, one of Europe's largest paper and card recyclers, managing more than 5.5 million tonnes for recycling annually, signs new five-year contract with Co-op, the UK's sixth biggest food retailer.

Consumer goods giant Procter & Gamble faces pressure from environmentalists to clean up its act.

Pixelle has responded to an inquiry regarding air quality emissions near its paper mill in Chillicothe.

At present, no one in the world can recycle fibres from blended fabrics on a large scale. Södra now has a unique solution that will enable circular flows in the fashion and textile industry.

UPM will strengthen its cost competitiveness and reduce its CO2 emissions by 5 % by investing in a Combined-Heat-Power (CHP) plant at its Nordland paper mill in Dörpen, Germany.

There were no injuries in a fire at the Quad/Graphics plant in Sussex Thursday, Oct. 24, though five workers were evaluated and released.

Cascades Inc. announces that it will permanently close tissue converting operations at its Waterford, New York and Kingman, Arizona plants, effective March 27, 2020.

The cause of a conveyor belt fire at the WestRock Paper Mill in West Point is under investigation.

Greif, Inc. announced that it is ceasing operations at its Number 1 paperboard machine at the Mobile Paperboard Mill in Mobile, Alabama.

Huhtamaki celebrated the inauguration of its newest fiber packaging line in Invanteevka, Russia.

An Irving-owned sawmill in northwestern New Brunswick will close on Nov. 1, resulting in the loss of 65 jobs.

The director of strategy for Global Win Capital, the subsidiary of Shanying International that owns Phoenix Paper, said it has stalled production at the paper mill until around Nov. 11.

Resolute Forest Products says multiple factors are contributing to the ongoing shutdown of its sawmill at Ignace.

Mark Rhodes, president of United Steelworkers Local 712, said that 99.6 percent of workers opposed the contract, with 85 percent of members voting.

Veritiv leases 311,707 square feet of the facility.

WestRock is closing its Newark plant, potentially putting more than 100 employees out of work.