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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, close to 150 papermaking innovators and legends have been enshrined. This month, we profile Douglas Atack, who was inducted into the Hall of Fame in 2004.

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The PM40 closed Friday, 12 November 2021, at 4712.

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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In this issue of Disconnected Comparisons, we evaluate Boise Cascade and Ennis, Inc.

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The PM40 closed 12 November 2021 up 47.2% from the 13 November 2020 level.

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Reported insider trading since the last issue of PaperMoney.

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Just in....

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Earnings & Dividends

Market News of Note

SCA increases the prices on white and brown kraftliner in Europe by Euro 50 per tonne. The new price is valid from December 1, 2021.

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Supplier News

Kadant Noss AB, a subsidiary of Kadant Inc. (NYSE:KAI), announced it successfully started up two approach flow cleaner systems for production of bleached hardwood kraft. The start-up on dissolving pulp is planned for the beginning of 2022. The equipment is part of the Bracell's "STAR" project in Lençóis Paulista, São Paulo located within an Andritz pulp drying approach flow area.

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Environmental

Sustainable pulp and paper producer Asia Pacific Resources International Limited (APRIL) Group has reasserted its pledge to prevent forest fires at the 26th UN Climate Change Conference of the Parties in Glasgow, Scotland.

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Amusing & Interesting

Major Announcements

The new facility is now producing the Pregis EverTec™ mailer which is a durable, lightweight, curbside recyclable, paper cushioned, shipping solution. Pregis is currently employing 75 people in Arlington with plans to scale up to 105 over time.

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Restructurings

Nippon Paper Industries Co. -- touted for its high-quality "Kushiro brand" paper used for newspapers and magazines -- ended 100 years of production at its paper mill in Kushiro, Hokkaido, in September, shifting its primary business to thermal power generation.

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S & F Arguments

Read the monthly newsletters here or subscribe and have them emailed to you hot off the press!

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Reported Risk

Risks: Fires, Fatalities and Catastrophes in 2021 | fire, accidents, fatality, disaster, explosion, pulp, paper, industry,

Incidents in 2021: We are updating this list as these happen in the pulp, paper and forest products industry

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Closures/Reductions

We are updating this list as these happen in the pulp, paper and forest products industry

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Capital Projects

We are updating this list as these happen in the pulp, paper and forest products industry

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Corporate SEC Filings

Pulp and Paper Manufacturers report to the US Securities and Exchange Commission

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Corporate Finance

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Other Corporate News

What they want us to know...

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Labor & Union Actions

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Mergers & Acquisitions

UFP Industries, Inc. announced that one of its wholly owned subsidiaries, The UBEECO Group, has acquired the assets of The Box Pack Trust, operating as Boxpack Packaging (Boxpack). This transaction adds a full complement of high-value cardboard packaging products to the industrial packaging products offered by UBEECO and expands the customer base of both companies throughout Australia.

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Legal

A Delaware judge dismissed a suit by Chemours Co. shareholders alleging directors misled them about the company's financial health and legal liabilities when it was spun off from a predecessor of DuPont de Nemours Inc.

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Major Expenditures

Georgia-Pacific has begun construction of a $50 million distribution center in De Pere.

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Operations News

The Alabama Department of Environmental Management, or ADEM, has confirmed that there were no environmental impacts identified in relation to a weekend incident at a Prattville paper mill.

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Joint Venture

Essity is collaborating with the Forest Stewardship Council (FSC) and The Consumer Goods Forum's (CGF) Forest Positive Coalition of Action initiative to further strengthen responsible forest management, nurture high conservation value forests and increase the certification of forest operations in north-western Russia. Deforestation is a major topic at the ongoing climate summit COP26 in Glasgow, since deforestation and forest degradation affect climate change on a large scale.

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Final Word

The Final Word by Helen Roush

Recently, the EPA announced a comprehensive national strategy to confront PFAS (Per- and polyfluoroalkyl substance) pollution.

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Wise Advertising

Something to consider...
Something to consider...

Having trouble reaching decision makers?

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The Fine Print

At your service

Permission granted for reprinting, as long as entire articles are reprinted without modification or truncation.

"PaperMoney" is a registered trademark (USPTO Reg. No. 2947381) of Talo Analytic International, Inc.

Be safe, and we will talk next week,


Jim Thompson

Paperitalo Publications
The Home of your Prospects (TM)


Paperitalo Publications LLC

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