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This is directed at those companies with printing & writing machines shut down. May I suggest that perhaps your job today is to create demand? Yes, I know those machines are big, and turning just one on can flood us with more fine paper than we know what to do with, but perhaps it is worth a shot.

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The PM40 closed Friday, 31 July 2020, at 2927.

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 31 July 2020 down 7.8% from the 2 August 2019 level.

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In this issue of Disconnected Comparisons, we evaluate Glatfelter and Louisiana Pacific.

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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 has confirmed a new harvesting plan which shows that the harvesting level in the own forest will increase over the coming five years by an additional one million cubic meters per year more than the current level. The increased harvesting level gives an increased cash flow of 300-400 MSEK per year with full effect from 2025.

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Supplier News

Paper manufacturer Heinzel Group demonstrated its future focus and adaptability last year by rebuilding its PM 10 from recovered magazine paper to corrugated medium.

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Environmental

Avery Dennison Label and Packaging Materials announced that its Clear Biaxially Oriented Polypropylene (BOPP) film portfolio has been certified to comply with the Association of Plastic Recyclers (APR) Critical Guidance Protocol for HDPE recycling.

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Amusing & Interesting

Major Announcements

BillerudKorsnäs has appointed Christoph Michalski as new President and CEO. He succeeds Lennart Holm, who has been acting President and CEO since November 2019. Christoph Michalski will assume his new position November 1, 2020.

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Reference Library

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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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

Atlas Engineered Products ("AEP") has completed the acquisition of selected assets of Trusstem Industries Inc., marking a major milestone in AEP's plans for expansion into the Lower Mainland region of British Columbia, Canada.

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Legal

More than 30 former officers and directors of bankrupt paper company Appvion Inc have won dismissal of a lawsuit by a company employee benefit plan accusing them of inflating the value of its stock.

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Major Expenditures

UPM has begun the construction of its third nursery in Uruguay, located in Central Uruguay, about 10 kilometers from Sarandí del Yí, Durazno. The investment is approximately $25 million.

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Operations News

Ahlstrom-Munksjö announces a further investment in its Binzhou plant to be able to produce abrasive backing papers locally in China.

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Rationalizations

Restructurings

Cascades Inc. announced that it will close its Etobicoke, Ontario Containerboard packaging facility as part of the strategic repositioning of its Containerboard platform in Ontario and the Corporation's continuing global optimization initiatives.

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Final Word

The Final Word by Helen Roush

Saica Group, a privately owned company that is headquartered in Spain, announced on July 30th that it will be establishing its first corrugated manufacturing facility in the United States near Cincinnati, Ohio.

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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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