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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, more than 140 papermaking innovators and legends have been enshrined. This month, we profile the late Niilo Hakkarainen, who was inducted into the Hall of Fame in 2016.

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The PM40 closed Friday, 16 October 2020, at 3129.

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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The PM40 closed 16 October 2020 up 4.7% from the 18 October 2019 level.

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In this issue of Disconnected Comparisons, we evaluate Rayonier and Weyerhaeuser.

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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

Sonoco is implementing a $50/ton (USD/ST) increase on all domestic and export corrugating medium grades shipping from its Hartsville, South Carolina paper mill. The prices are effective with shipments on and after November 2, 2020.

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Supplier News

Valmet will supply an extensive paper machine grade conversion rebuild and a wide scope of automation to Modern Karton Sanayii Ve Ticaret at its Tekirdağ Mill in Turkey.

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Environmental

Amcor is proud to be joining a new call for a UN treaty on plastic waste, following a recent report from Boston Consulting Group, World Wildlife Foundation and Ellen MacArthur Foundation.

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Amusing & Interesting

Major Announcements

The new machine will be one of the most technologically advanced machines in North America producing 400,000 tons per annum of high performance light weight medium and liner. Production is scheduled for the first quarter of 2022.

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Restructurings

As a result of the weakening world economic outlook as well as the COVID-19 related restrictive measures and their consequences, the uncertainty in UPM's market environment continues. To ensure future competitiveness, UPM keeps taking action to decrease fixed and variable costs in its businesses and functions.

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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 2020 | fire, accidents, fatality, disaster, explosion, pulp, paper, industry,

Incidents in 2020: 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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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

Lecta announces that today it has reached an agreement for the acquisition of Avery Dennison Offset Sheets business in the Europe - Middle East - North Africa (EMENA) region. The transaction is subject to competition approval from the German Federal Cartel Office.

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Legal

A federal agency filed suit against a packaging manufacturer at McClellan Park for allegedly tolerating virulent racial taunts against two Black employees who were so distraught by the discrimination that they ultimately left their jobs.

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Major Expenditures

The project marks Spanish company Saica's expansion into the U.S. market, and represents a $72-million investment.

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Operations News

Cascades Inc. announced that it will progressively and permanently close tissue production and converting operations at its Ransom and Pittston plants, located in Pennsylvania, between December 7 and January 31st of 2021.

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Rationalizations

Final Word

The Final Word by Helen Roush

Let's see if Greenpeace pipes up again...

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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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