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With this invention Valmet offers the opportunity to make premium grade products at a competitive cost, which in turn can lead to increased market value for nonwovens web producer.

Solenis, a leading global producer of specialty chemicals, is partnering with BIO-LUTIONS, a Hamburg-based CleanTech company, to develop more sustainable disposable products to replace various single-use plastic products in food packaging applications.

ANDRITZ has received an order from the Chinese pulp and paper producer Liansheng Pulp & Paper to supply the most value-adding and resource-saving technologies for a new pulp mill in Zhangzhou, Fujian province, China.

Valmet Oyj ("Valmet") and Neles Corporation ("Neles") announced on July 2, 2021 that Valmet and Neles will merge creating a leading company with unique offering for process industries globally (the "Merger").

PM18 is scheduled to start-up in fall of 2023.

The PM10 at Laakirchen Papier AG, part of the Heinzel Group, Austria, that was rebuilt by ANDRITZ has become the world's fastest converted containerboard production machine with speeds of up to 1,420 m/min at a basis weight ranging from 80 to 140 g/m².

Valmet's delivery is part of Norske Skog's major paper machine conversion project aiming at switching Bruck's PM 3 production from newsprint to recycled containerboard which will introduce 210,000 tons of competitive containerboard capacity.

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

Start-ups are estimated for the end of 2022.

Valmet will launch a new R&D and innovation project called Beyond Circularity, which improves Valmet's readiness to support the green transition in Valmet's customer industries based on the company's technology vision 2030.

Recent research and development announcements in the pulp and paper industry

Reported insider trading since the last issue of PaperMoney.

Verso and BillerudKorsnäs now expect the merger to close in late-March or April of 2022.

The ban will affect the countries from 'unfriendly' states list recently released by Russia, including the U.S. and the EU countries. According to the Ministry of industry and trade of Russia, the ban will ensure the needs in the domestic market in affordable raw wood, as well as stimulate a further increase of wood processing within the country.

MM has stopped all cartonboard deliveries to Russia.

International Paper (IP), one of the world's leading producers of renewable fiber-based packaging and absorbent pulp solutions, is announcing another investment program worth 100 million MAD (10 million EUR) at its production facilities in Morocco for 2022. The investment comes in response to the continued increase in demand for corrugated packaging solutions.

Due to unaffordability of operations in the current energy environment, temporary downtime has been initiated at the Bruck paper mill in Austria. The new boiler scheduled for start-up in April is expected to contribute to alleviate the situation by reducing the mill's gas consumption and improve its energy supply. The boiler project and the packaging conversion project at the Bruck mill continue as planned.

UPM will suspend purchasing of wood in and from Russia as well as the UPM Chudovo plywood mill operations for the time being. The company is preparing a mitigation plan accordingly. UPM also informed on 3 March 2022 that it will cease deliveries to Russia.

Firefighters were called to Dunn Paper in the town of Gouverneur shortly after 11 p.m. Sunday, March 6.

In support of the Ukrainian people as they deal with the tragedy unfolding in their country, J.D. Irving Limited will match their employees' donations to the Canadian Red Cross' "Ukraine Humanitarian Crisis Appeal" up to $100,000.

West Fraser is temporarily rolling back its operating schedule at lumber mills across B.C., impacting more than 700 employees.

The mill announced an indefinite curtailment last December, due to ongoing financial losses, and said that around 200 workers would be temporarily laid off until the company decided whether it wanted to continue running the mill in a different capacity or sell it altogether.

Metsä Fibre, part of Metsä Group, starts negotiations on its plans to discontinue the lumber production in Kyrö, Finland in the summer of 2022. The production stop will affect all the sawmill's 73 employees.

To ensure the supply of high-quality forest seedlings now and in the future, Södra has decided to build a cold store that holds 40 million forest seedlings. The warehouse will be built near Falkenberg and will be ready in the summer of 2023.

Sylvamo is beginning an orderly suspension of operations in Russia. The suspension will focus on employee and contractor safety and environmental stewardship. It will be conducted in a manner to allow a resumption of full operations in an environment consistent with the company's values.