Logout
Click here for Pulp & Paper Radio International
The Paperitalo Library
Free Downloads
Search
My Profile
Login

Archives

Showing 53 articles from July 20, 2020.

Departments

PM40

The PM40 closed Friday, 17 July 2020, at 2941.

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

Read More »
RearView

The PM40 closed 17 July 2020 down 8.5% from the 19 July 2019 level.

Read More »
Disconnected Comparisons

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

Read More »
Insider Trading

Reported insider trading since the last issue of PaperMoney.

Read More »
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 140 papermaking innovators and legends have been enshrined. This month, we profile Curt G. Joa, who was inducted into the Hall of Fame in 2007.

Read More »

Supplier News

AkzoNobel collaborates with Alucha

Alucha and AkzoNobel are collaborating on technology that turns paper sludge into resources for making paint.

Read More »
Solenis Completes Acquisition of Poliquímicos, S.A. de C.V.

Effective July 14, 2020, Solenis LLC ("Solenis") completed the acquisition of 100% of the outstanding shares of Poliquímicos, S.A. de C.V. ("Poliquímicos").

Read More »
Toscotec to rebuild PM4 post dryer section at Aviretta's mill in Germany

German containerboard manufacturer Aviretta selected Toscotec to rebuild the post dryer section of its PM4 at Ettringen mill, Bavaria. PM4 produces test liner and fluting from 60 to 130 g/m². Start-up is scheduled for the 4Q 2020.

Read More »
Valmet to deliver machine vision system to ITC in India

Valmet will supply a new-generation machine vision system to ITC in India. The new Valmet IQ Web Inspection System (WIS) will be installed on ITC's packaging board machine - BM7, replacing the existing WIS system. The commissioning is scheduled during the 3Q and 4Q 2020.

Read More »
Valmet to supply pulp production upgrade technology to PT. Tanjungenim Lestari Pulp and Paper in Indonesia

Valmet will supply pulp production upgrade technology to PT. Tanjungenim Lestari Pulp and Paper (PT TEL) in Indonesia.

Read More »
Valmet to supply TwinRoll wash press technology to Phoenix Pulp & Paper Public Company Limited in Thailand

Valmet has received an order to supply wash press technology to Phoenix Pulp & Paper Public Company Limited's (PPPC) hardwood bleached pulp plant at the Nam Pong mill, located in Khon Kaen province in Thailand.

Read More »
Valmet's comment on Alfa Laval's tender offer for Neles' shareholders

Valmet has become aware of Alfa Laval's announcement on public cash tender offer for all shares in Neles. Valmet completed 14.88 percent share acquisition of Neles' shares from Solidium Oy on July 1, 2020.

Read More »

Culture & Marketing

Clearwater Paper Launches ReMagine Paperboard Solution

Clearwater Paper Corporation has introduced ReMagine™, a folding carton paperboard brand with up to 30 percent post-consumer recycled fiber.

Read More »
Fresh Attitude salads now sold in 100% recycled plastic packaging produced by Cascades

Vegpro, the largest fresh baby lettuces producer in Canada, and Cascades, a leader in eco-friendly recovery, packaging and hygiene solutions, have established a partnership aimed at replacing all Fresh Attitude salad containers, traditionally made from virgin plastic, with 100% recycled and recyclable plastic containers. Custom-designed for Vegpro by Cascades, these containers are manufactured at the Cascades Inopak plant in Drummondville, Québec.

Read More »
IT Tech Packaging, Inc. Updates on Non-medical Single-Use Face Masks Business

IT Tech Packaging, Inc. announced that it recognized revenue of RMB6.73 million through June 30, 2020 from sale of 6.28 million pieces non-medical single-use face masks since launch of the production line at the end of April 2020.

Read More »
Sappi develops new, skin-friendly hand-sanitizer ingredient

Dissolving pulp and paper-based solutions company Sappi has launched a skin- and planet-friendly hand hygiene ingredient - Valida - which is based on cellulose and is intended to be used by hygiene product manufacturers in products like hand sanitizers.

Read More »

Market News of Note

Norbord provides update on capacity utilization

Norbord Inc. announced an update regarding the 2Q 2020 capacity utilization of its North American oriented strand board (OSB) and European panel mills.

Read More »

Joint Venture

Monadnock Paper Mills signs distribution deal with Clampitt Paper

Monadnock Paper Mills, Inc. has entered into a new distribution partnership with Clampitt Paper Company, a leading privately-held paper merchant servicing customers across the Southwest United States.

Read More »

Legal

Weyerhaeuser fined for worker injury in Hudson Bay, Saskatchewan

Weyerhaeuser will pay a $182,000 fine stemming from a 2017 incident at their Hudson Bay operations when a worker was seriously injured by a forklift.

Read More »

Major Expenditures

Hood Container Announces $50 Million Mill Expansion

Gov. John Bel Edwards and Senior Vice President Wayne Morgan of Hood Container of Louisiana LLC announced the company's paper mill in West Feliciana Parish will complete a $50 million efficiency upgrade and capacity expansion..

Read More »

Mergers & Acquisitions

O-I Glass To Sell Australia, New Zealand Business Unit To Visy Industries

O-I Glass Inc. (OI) said it has agreed to sell its Australia and New Zealand business unit to Visy Industries.

Read More »
Atlas Engineered Products to acquire selected assets of local truss manufacturer in BC Lower Mainland region

Atlas Engineered Products has entered into an asset purchase agreement to acquire selected assets of a local truss manufacturer as the company expands its geographical footprint into the Lower Mainland region of British Columbia, the company said in a statement.

Read More »
Enviva completes acquisition of Greenwood Holdings

Enviva Partners, LP (the Partnership) has completed the acquisition from its sponsor of Enviva Pellets Greenwood Holdings II, LLC, which, through its wholly owned subsidiaries, owns a wood pellet production plant in Greenwood, South Carolina.

Read More »
Holmen acquiring Martinsons

Holmen signed an agreement to acquire Martinsons, one of Sweden's leading players in sawn and processed wood products.

Read More »
Quad sells Kentucky book plant, still working on sale of others

Sussex-based Quad/Graphics Inc. has sold its Versailles, Kentucky book manufacturing plant to Minnesota-based CJK Group Inc.

Read More »
UFPI acquires T&R Lumber Company

UFP Industries announced that one of its affiliates acquired the operating assets of T&R Lumber Company and its affiliates, Sullivan & Mann and Kelmar Creations.

Read More »

Major Announcements

Appvion Announces Antimicrobial Technology

Appvion Operations, Inc., launches an industry leading antimicrobial coating technology for a variety of substrates called SafeShieldTM!

Read More »
Georgia-Pacific recycling project to receive tax exemption in Toledo, Oregon

Georgia-Pacific has been piloting its Juno recycling technology in Georgia since 2013.

Read More »
Paper mills in Westbrook and Jay, Maine announce layoffs totaling 134 workers

Sappi North America said it will permanently shut down a paper machine and lay off 75 people, nearly 30 percent of the workforce at its Westbrook mill. Just hours later, Pixelle Specialty Solutions said it will lay off 59 workers in the first part of a phased workforce reduction, in response to a suspension of pulp production there after its pulp digester exploded in April.

Read More »

Restructurings

Lecta Group obtains all necessary conditions for implementation of recapitalization

Lecta Group announces that all necessary conditions precedent required for the implementation of Recapitalization have been obtained and it is expected that the Recapitalization Effective Date will be 16 July 2020.

Read More »
Sappi to close PM2 at its Stockstadt mill in Germany

Sappi Limited said the move will cumulatively remove capacity, reduce costs, improve machine utilization and increase competitiveness.

Read More »
Unifor urges Nova Scotia government to work with Northern Pulp to secure DIP financing

Unifor is urging the Nova Scotia government to work with Northern Pulp to secure Debtor-In-Possession (DIP) financing amid the company's restructuring.

Read More »
Union president: Sappi Westbrook mill will weather latest round of job cuts

Sappi's shutdown of the No. 9 paper machine and a biomass boiler -- and the resulting elimination of nearly 30% of the jobs at the Westbrook mill -- were a long time coming, union President Ron Rondeau said last Monday.

Read More »
UPM permanently closes its Chapelle newsprint mill

With the closure of the mill UPM will reduce a total of 240,000 tonnes of its newsprint paper capacity.

Read More »
Veritiv Corp. to restructure its business, cut 15% of salaried U.S. workforce

Veritiv Corp. reported it is launching a restructuring that will result in the reduction of its U.S. salaried workforce by approximately 15% across all business segments and corporate functions.

Read More »

Environmental

Amcor Advances Sustainability Agenda With Research Into Consumer Attitudes Toward Responsible Packaging

Amcor has published results from its latest research into consumer perceptions of sustainability and packaging.

Read More »
Brazil Burns Billions of Carbon Credits in Amazon Rout, CEO Says

The world's biggest wood-pulp producer says cutting down the Amazon makes no business sense.

Read More »
British Columbia Forest Practices Board finds issues with Quesnel BC Timber Sales program

British Columbia Forest Practices Board proclaimed that an audit of the BC Timber Sales (BCTS) program and timber-sale licensees operating under the program has found poor results.

Read More »
International Paper Announces Progress on Its 2020 Sustainability Goals

International Paper has released its 2019 Global Citizenship Report. The company, one of the leading producers of renewable, fiber-based packaging, pulp and paper, shares the progress it made in 2019 against its 2020 goals and outlines its approach to sustainability across its value chain.

Read More »
Kimberly-Clark Introduces Ambitious Sustainability Strategy for a Decisive Decade

Kimberly-Clark has announced its new 2030 sustainability strategy and goals, aimed at addressing the social and environmental challenges of the next decade with commitments to improve the lives and well-being of one billion people in under-served communities around the world with the smallest environmental footprint.

Read More »
P&G Embraces Natural Climate Solutions to Accelerate Progress on Climate Change and Will Make Operations Carbon Neutral for the Decade

The Procter & Gamble Company announced a new commitment to have its global operations be carbon neutral for the decade through a series of interventions that protect, improve and restore nature.

Read More »
Resolute Has Reduced Absolute GHG Emissions by 83% Since 2000

British Columbia Forest Practices Board proclaimed that an audit of the BC Timber Sales (BCTS) program and timber-sale licensees operating under the program has found poor results.

Read More »
Sofidel's emissions reduction targets have been approved by the Science Based Targets Initiative

Sofidel, one of the world's leading manufacturers of tissue paper for hygienic and domestic use, particularly well-known for its Regina brand, has had its emissions reduction targets approved by the Science Based Targets initiative (SBTi) as consistent with levels required to meet the goals of the Paris Agreement, in line with what the latest climate science says is needed to prevent the worst impacts of climate change.

Read More »

Operations News

36 firefighters work to put out blaze at Roseburg Forest Products facility

Equipment used included five engines, two truck companies, four water tenders, and three command vehicles.

Read More »
BillerudKorsnäs revaluates forest land in Sweden

BillerudKorsnäs has made a valuation of approximately 36,000 hectares of forest assets in Sweden, of which approximately 18,000 hectares are productive forests, in which the biological assets are valued according to IAS41.

Read More »
Crews battle fire at Corner Brook Pulp and Paper

Emergency crews battled an overnight fire at the Corner Brook mill on Thursday night into early Friday morning, July 17.

Read More »
Georgia-Pacific lays off 10 percent of workforce in Muskogee, Oklahoma

Approximately 80 of Georgia-Pacific Muskogee Mill's workers are temporarily being laid off.

Read More »
Investigators determine it wasn't a noose found at Escambia County, Fla. International Paper mill

International Paper's Director of Marketing Thomas Ryan said that what they found on site in late June was actually not a noose at all.

Read More »
Mondi fires up new crude tall oil plant at its Syktyvkar mill in Russia

Mondi has commissioned a crude tall oil plant (CTO-plant) at its Syktyvkar pulp and paper mill in Russia.

Read More »
No deal to save Wisconsin Rapids' Verso mill on the horizon

All signs continue to point to the Verso paper mill in Wisconsin Rapids shutting down operations on July 31st.

Read More »
One flown to hospital after pit rescue at Pixelle facility

One person was extricated from a 10-foot pit and taken by helicopter to York Hospital after being injured Thursday, July 2, at Pixelle's paper mill's secondary waste treatment facility in North Codorus Township, according to York County 911.

Read More »
One flown to hospital after pit rescue at Pixelle facility

One person was extricated from a 10-foot pit and taken by helicopter to York Hospital after being injured Thursday, July 2, at Pixelle's paper mill's secondary waste treatment facility in North Codorus Township, according to York County 911.

Read More »
Quad/Graphics stopped a Minneapolis agency from saying 'Black Lives Matter'

Wisconsin-based Quad/Graphics Inc. stopped a Minneapolis agency from using the phrase "Black Lives Matter," prompting the entire staff to walk off the job last week.

Read More »

Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: