Recent Articles

Valmet will supply a repeat order of an OptiConcept M board production line for Pratt Industries in Henderson, Kentucky, USA.

Valmet has signed a new Euro 300 million sustainability-linked syndicated revolving credit facility (RCF) agreement. The new RCF refinances an existing Euro 200 million credit facility and will be used for general corporate purposes.

Recently, the EPA announced a comprehensive national strategy to confront PFAS (Per- and polyfluoroalkyl substance) pollution.

Reported insider trading since the last issue of PaperMoney.

Elif employs approximately 1,500 people in its two manufacturing locations in Istanbul, Turkey and Cairo, Egypt.

R.R. Donnelley & Sons Company announced that it has received an unsolicited proposal from Chatham Asset Management, LLC ("Chatham") to acquire all of the outstanding shares of RRD for $7.50 per share in cash.

The transaction is expected to be completed in early November 2021, subject to the satisfaction of the remaining customary closing conditions set forth in the acquisition agreement.

The properties are located in the northeast region of North Carolina and the southeast region of Virginia, and consist of well-managed loblolly pine plantations. Roseburg already owns 158,000 acres of timberland in the Roanoke Valley, following a 2017 acquisition.

West Fraser Timber Co. Ltd. announced that it has entered into an agreement to acquire the Angelina Forest Products lumber mill located in Lufkin, Texas for approximately $300 million, subject to certain post-closing adjustments.

Read Leaf Pulp says the mill will create 110 permanent full-time jobs, as well as 250 jobs during construction.

Smurfit Kappa Group plc is pleased to announce that it has now completed the acquisition of Verzuolo for a purchase price of €360 million.

Progroup is planning to build a state-of-the-art refuse-derived fuel (RDF) power plant right next to its high-tech paper mill PM3 in Sandersdorf-Brehna, Germany. It will supply a large share of the process heat and electricity for PM3 in the future.

Canfor Corporation is announcing changes to the senior leadership team. Pat Elliott has been appointed to the role of Chief Financial Officer (CFO) for Canfor and Canfor Pulp and will also retain his responsibilities as Senior Vice President, Sustainability.

Essity is investing in enhanced efficiency in the company´s site in Kawerau, New Zealand, including the world's first tissue machine running a fully geothermal steam drying process. Together with a reduction in pulp consumption, reduced waste and elimination of the burning of natural gas on the machine, the improvements will contribute to a reduction of carbon emissions by 23 percent from the Kawerau site.

Officials said the expansion will include the addition of a new paper machine and production line.

Concerns over crime in downtown Seattle escalated sharply this past week after Weyerhaeuser reportedly delayed its return to its Pioneer Square headquarters due to neighborhood safety issues.

Pactiv Evergreen Inc. announced that its wholly-owned subsidiary, Pactiv Evergreen Group Holdings Inc. has completed its acquisition of Fabri-Kal, a leading manufacturer of foodservice and consumer brand packaging solutions.

Metsä Tissue is planning to invest in a new tissue mill in the UK. The plan consists of 240,000 tons of tissue paper production capacity, built in several phases during the upcoming decade. The plans are part of the company's Future Mill programme to drive world class environmental performance in tissue production.

Pregis, a leading global manufacturer of protective and flexible packaging solutions, has acquired Danco Converting, Carol Stream, Illinois, from its privately-held owners.

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 the late Robert W Hagemeyer, who was inducted into the Hall of Fame in 2003

The PM40 closed Friday, 15 October 2021, at 4345.

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 15 October 2021 up 38.9% from the 16 October 2020 level.

In this issue of Disconnected Comparisons, we evaluate Avery Dennison and CatchMark Timber.

Mondi, a global leader in packaging and paper, is supplying a range of recyclable mono-material pet food packaging for Hau-Hau Champion, one of Finland's most recognised brands in the premium dog food segment.

UPM BioMotion™ Renewable Functional Fillers (RFF) represent UPM's latest revolutionary development in sustainable solutions. They address the urgent need to reduce CO₂ emissions of rubber and plastics products by offering a truly sustainable alternative to fossil-based carbon black and precipitated silica, the dominating functional fillers used in rubber and plastic products today.