About 25 years ago, in another publication, I wrote an article about renting out surplus office space at pulp and paper mills. I also talked about making land at pulp and paper mills available for cell towers. At the time, the industry was flat on its back, mills were being shut down or pared back and revenue was scarce.

The PM40 closed Friday, 27 September 2024, at 5956.

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

In this issue of Disconnected Comparisons, we evaluate International Paper and Rayonier Advanced Materials.

The PM40 closed 27 September 2024 up 19.7% from the 29 September 2023 level.

Reported insider trading since the last issue of PaperMoney.

In this special episode, we talk with Stein Larsen, CEO NOREXECO ASA.

The company said that during July, severe weather conditions led to modestly reduced production at two paperboard manufacturing facilities. In August, an electrical substation was damaged at a third facility, resulting in additional disruption, lost production, and restart costs.

Orient Paper Industries Ltd (OPIL) entered into a partnership agreement with the BTG Group, to assist them with a digital transformation journey that will be rolled out in phases over the next few years.

Cosmo Specialty Fibers Inc. has been hit with a $42,000 fine for failing to dispose of hazardous waste material that has accumulated at the property.

I always say never bet against aluminum cans or toilet paper.

Doug Schwartz has extensive experience in the U.S. forest and paper industry, including serving in key leadership roles at companies such as Sonoco Products Company (Sonoco), International Paper and Champion International Corporation. He most recently held the position of Vice President and General Manager, Rigid Paper Containers at Sonoco.

Georgia-Pacific announced it is modifying lumber operations at two of its lumber facilities located in Camden and Prosperity, South Carolina. Over the next couple of months, these sites will be discontinuing lumber production from logs while maintaining plywood core sawing operations. The modification will not have an impact on Georgia-Pacific's plywood facilities located within the same complexes as these lumber operations.

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Incidents in 2024: We are updating this list as these happen in the pulp, paper and forest products industry

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

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

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

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

What they want us to know...

In May, Pactiv Evergreen agreed to exclusively negotiate with Spirtas Worldwide, a company specializing in repurposing closed paper mills and other industrial sites. While it was estimated negotiations could take up to a year, it appears the details were worked out in four months.

A Weyerhaeuser sawmill facility in Craven County received a $48,393 fine from the N.C. Department of Labor related to a March 17 workplace fatality. The Labor Department cited Weyerhaeuser with three "serious violations" after an investigation of the fatality at the facility in Vanceboro.

According to company leaders, the $550 million expansion will create over 100 new jobs. About 850 people worked at the Broadway facility before the expansion.

Jordi Aguiló assumes the presidency of ASPAPEL (Spanish Association of Pulp, Paper and Cardboard Manufacturers) for the next two years.

Södra confirms Stora Enso among the first customers for kraft lignin. This follows the major investment announcement earlier this year regarding kraft lignin production at Södra's Mönsterås site. The plant will be the first commercial kraft lignin production facility in Sweden and the largest of its type in the world. It is expected to be in operation in 2027.

Investments in new fossil-free power production