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The selling price amounts to approx. Euro 134 million.

Over 450 Unifor members in Dryden have voted overwhelmingly in favor of three new contracts with Domtar.

The cash and debt free consideration value is €370 million.

Enviva Inc. announced the signing of a new 10-year take-or-pay off-take fuel supply contract with an existing European customer, extendable for up to five years. Enviva expects to supply 800,000 metric tons of industrial-grade wood pellets per year, with deliveries expected to commence during 2027, subject to certain conditions precedent.

Workers at Port Hawkesbury Paper have signed their first agreement in 10 years, making long-overdue gains for members of Local 972.

Over 200 Unifor Local 5025 members voted strongly in favor of a new deal with Resolute Forest Product's Thunder Bay Sawmill that will see the current collective agreement re-opened and extended by 4 years to September 8th, 2028. The new extension will include key language improvements, an additional 24% average pay raise and achieve all provisions of Unifor's Eastern Canada Pulp and Paper Pattern established back in May.

We are starting off 2023 with some doubts.

The PM40 closed Friday, 30 December 2022, at 5116.

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 30 December 2022 up 8.3% from the 31 December 2021 level.

3M Co has set a 2025 deadline to stop producing PFAS, the "forever chemicals" used in anything from cell phones to semiconductors that have been linked to cancers, heart problems and low birth weights.

Domtar operated a disposal site for the waste from production from 1998 to 2020, when the Port Huron plant closed.

Due to higher-than-expected major maintenance related costs at the company's Lewiston, Idaho mill, and other operational issues, the company now expects adjusted EBITDA for the fourth quarter of 2022 to be in the range of $28M-$34M and full year 2022 adjusted EBITDA of $227M-$233M.

It was reported that the drivers were a man and woman. They say the Marysville Police Dept. told them they received a call about a woman heading south from Marysville with a gun. The woman at the plant had a shotgun pointed at the man. Responding officers were able to talk them down and take both individuals into custody.

It is the second largest order ever signed by PulpEye.

Valmet introduces a new flame profiling application that enables real-time flame detection and monitoring in a pulp mill's lime kiln environments. At the same time, the Valmet Furnace Imaging System, IR is updated with new optics and a port rodder, improving the overall Valmet Boiler Diagnostics Systems offering.

The value of deliveries of this type is usually around EUR 5-8 million.

Runtech Systems will supply a vacuum system rebuild to Norske Skog Golbey PM1 in France. The delivery includes eight RunEco EP600 Turbo Blowers with EcoDrop water separators and two low vacuum blowers. With the new RunEco vacuum system, PM1 will gain significant energy and water savings.

International Paper (IP) and the National Fish and Wildlife Foundation (NFWF) are helping landowners in Texas restore and manage their forests through IP's Forestlands Stewards partnership. These efforts will benefit drinking water supplies and wildlife habitat, improve recreational opportunities, and support forest sector jobs.

PotlatchDeltic Corporation announced it has established a 2030 greenhouse gas (GHG) emissions reduction target for Scope 1 and Scope 2 emissions of 42 percent and a Scope 3 value chain GHG emissions reduction target of 25 percent from a 2021 baseline.

Sappi North America Inc., a leading producer and supplier of diversified paper, packaging products and pulp, announced that has won a SEAL Business Sustainability Award for its Ideas that Matter grant program which honors Sappi's leadership, innovation and commitment to sustainable business practices.

Seven UPM packaging papers are now proven to be industrially compostable, marking another step on UPM Specialty Papers' sustainability journey.

Amid unparalleled educational challenges brought on by COVID-19, Memphis-based International Paper has renewed its commitment to fighting childhood illiteracy, joining Coaching for Literacy as its signature partner for the sixth straight year.

Major winter storm wreaks havoc

Reported insider trading since the last issue of PaperMoney.