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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 150 papermaking innovators and legends have been enshrined. This month, we profile Jori Eino Pesonen, who was inducted into the Hall of Fame in 2011.

The PM40 closed Friday, 16 June 2023, at 4976.

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

The PM40 closed 16 June 2023 up 19.5% from the 17 June 2022 level.

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

Dan-Web is a leading supplier of a wide range of technologies for the production of airlaid nonwovens. This acquisition further extends and strengthens Andritz's product and service portfolio in the field of nonwovens.

Start-up is scheduled for the fourth quarter of 2023.

Valmet has developed Valmet Brown Stock Analyzer to complement its online pulp quality analyzer family. The analyzer provides high analysis frequency for digester and brown stock washing control in kraft pulping.

Commissioning of the new system is expected in 2024.

The new system installed at Shandong Hechuang Paper is a 650 BDMT per day OCC line designed to efficiently produce high-quality containerboard.

JD Irving, Limited purchases a MiCROTEC CT Log for installation in its veneer sawmill, located in St. Leonard, New Brunswick, Canada.

Roseburg Forest Products, a wood-based panel producer, has selected Siempelkamp, a German machinery supplier, to provide equipment for its upcoming Medium Density Fiberboard (MDF) plant.

The delivery is scheduled for October 2023.

Rayonier is pleased to announce that Dan Roach, director of public affairs, recently received a 2021-2022 U.S. Fish and Wildlife Service Regional Director's Honor Award for his work with the Southeast Forest Landowner Group. The group was named Private Landowner of the Year (Group) for their significant contribution to gopher tortoise conservation.

Previously, a motion by the company to dismiss a class-action suit in August 2022 was dismissed.

The City of Kalamazoo and Gov. Whitmer are among many entities and individuals listed in the suit, which demands hundreds of millions of dollars in compensation.

The aim is to develop the process to separate lignin from black liquor in pulp production and to further process it for new end-uses.

The companies will collectively establish and contribute a total of $1.185 billion to a settlement fund.

Reported insider trading since the last issue of PaperMoney.

Tatiana Kalman has been elected senior vice president and general manager, Latin America, effective June 1. Kalman joins Sylvamo from BASF, most recently serving as managing director and senior vice president, Business Unit Personal Care Europe.

Trex Company, Inc. announced that Dennis Schemm has resigned as Senior Vice President and Chief Financial Officer (CFO) to accept a position in a southern region state closer to family.

Her appointment increases the number of Interfor directors to 11 and the percentage of women directors to 27%. The Company is well on track to achieve its target of at least 30% women on its Board by its next annual general meeting of shareholders in 2024.

West Fraser Timber Co. Ltd. announced the appointment of Eric L. Butler to its Board of Directors.

Elopak has announced that it will build a new plant in the USA to better serve its customers in the Americas and accelerate growth in the region. The new plant will allow Elopak to build on an already strong track record of organic and profitable growth driven by high customer demand in the region.

The closures come just five months after senior governments contributed $18.8 million to support the Crofton mill and its jobs.