Recent Articles

Ms. Spence joins Graphic Packaging from Gypsum Management and Supply where she was most recently vice president and chief human resources officer.

The PM40 closed Thursday, 14 April 2022, at 4371.

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 14 April 2022 down 0.4% from the 16 April 2021 level.

In this issue of Disconnected Comparisons, we evaluate International Paper and Avery Dennison.

Amcor, a global leader in developing and producing responsible packaging solutions, announced the launch of Amcor Lift-Off, an open-call initiative aimed at supporting seed stage start-ups that are focused on innovative packaging solutions and related technologies. Amcor Lift-Off offers these start-ups a chance to secure an investment of US$250,000, as well as operational guidance, to take their ideas to the next level.

Cascades Inc. announced that, due to the ongoing public health impact of the coronavirus (COVID-19) pandemic, and to mitigate the health and safety risks to the Company's shareholders, the location of the Company's 2022 Annual General and Special Meeting of Shareholders (including any adjournments or postponements, the "Meeting") has been changed to a virtual-only meeting format.

Memphis-based International Paper, Co., one of the world's largest producers of fiber-based products such as packaging materials and fiber pulp, violated federal law by discriminating against an applicant based on his disability, ADHD (attention-deficit/hyperactivity disorder), the federal agency announced.

Glatfelter Corporation, a leading global supplier of engineered materials, is proud to announce they are the recipient of the first IDEA® 22 Sustainability Advancement Award, in partnership with Blue Ocean Closure (BOC) and ALPLA, for their innovative, sustainable, fiber-based screw caps. This prestigious award was created to recognize companies that demonstrate excellence in innovation, sustainable product offerings, and outstanding contributions to the nonwovens market.

Metsä Fibre and Veolia have signed a long-term partnership agreement on the refining of crude methanol generated in pulp production at the Äänekoski bioproduct mill into commercial biomethanol.

Aspa Bruk is working with a Swedish environmental technology company called Axolot Solution in a joint project during a three-month period. During this time extensive tests are performed aiming at reducing the phosphorus emissions from the mill. The project is based on Axolot's electrochemical AxoPur® 2.0 process and the trial is planned to continue until the start of the summer.

Elopak ASA and Nippon Paper Industries have agreed that Nippon Paper will produce and sell Elopak's lineup of Pure-Pak® packaging for liquid food and beverage products worldwide and introduce them to the Oceania region.

Sappi North America announced the world-class designers selected to receive 2022 Ideas that Matter grants for their support of social causes ranging from child literacy, immigration and maternity care to rainforest preservation, anti-poverty programs and resources for women of color.

Greif, Inc., a global leader and industrial packaging solutions provider, announced today that it has completed its previously announced divestiture of the Flexible Packaging joint venture, or "FPS" for a total cash consideration of $123 million, subject to certain conditions and post-closing adjustments, to Gulf Refined Packaging.

The order demands closed-door negotiations between the province and Northern Pulp over the former's alleged liability for forcing the closure of the Boat Harbour effluent treatment facility a decade before the expiry of the company's lease to the provincially owned facility.

Sonoco, one of the largest global sustainable packaging companies, announced it has acquired the remaining one-third interest in Sonoco do Brasil Participacoes, Ltda, a Brazil-based flexible packaging joint venture, from private investors.

Kari Saarinen has decided to resign from his position as Valmet's CFO due to his share trades in Neles during the merger process and to minimize the negative impacts of this on Valmet's reputation. All Executive Team members should have used good judgement and refrained from trading in shares while merger discussions and preparations were ongoing. The employment relationship will end in accordance with Kari Saarinen's executive agreement, while his working obligation ends at the end of April.

Caverion will implement process electrification at the Metsä Fibre bioproduct mill in Kemi, Finland. Metsä Fibre is part of the Metsä Group.

Stora Enso Ingerois mill and BTG have agreed to implement the dataPARC solution for the board machine in South-Eastern Finland.

Zume, the sustainability solutions company creating economically viable substitutes for single-use plastics, today announced it's furthering its partnership with Solenis, a leading global producer of specialty chemicals. Together, the companies are launching a comprehensive line of PFAS-free packaging to replace plastic and styrofoam with a sustainable alternative for food service applications.

Valmet has launched a new additional option for both new and existing users of the Valmet Fiber Image Analyzer. The new option, called Option C, makes it easier for pulp and paper mills to unlock the true potential value of their raw material by calculating and displaying correlations between measured fiber properties and their effect on end product quality.

Solenis, a leading global producer of specialty chemicals, is developing two new international centers of excellence for advancing sustainable solutions in the consumer paper packaging industry.

Valmet has been selected as supplier for the modernization of the fiberline no. 1 plant to CENIBRA's pulp mill in Belo Oriente in Brazil. The fiberline will be prepared for a capacity increase of 100,000 tonnes of pulp per year. The start-up is scheduled for September 2023.

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, close to 150 papermaking innovators and legends have been enshrined. This month, we profile Henry J. Rogers, John S. Van Nortwick and William M. Van Nortwick - Hearthstone Joint Induction, who were inducted into the Hall of Fame in 2020.

Reported insider trading since the last issue of PaperMoney.

Smurfit Kappa has become the latest business to announce that it is to exit the Russian market. In a statement, the company said it stands in solidarity with the people of Ukraine and everyone impacted by the "totally unjustified attack on Ukraine and its people."