Recent Articles

The civil unrest referenced in our market update of 14th July appears to be under control. Intensive work by government agencies and business is focused on ensuring that supply chain disruptions are resolved, and people can move safely to and from work. Sappi's employees at the affected mills were able to return to work on Monday 19th July.

Pregis, a leading global manufacturer of protective packaging, is announcing a $80 million investment in a new, state-of-the-art blown film extrusion facility in Anderson, South Carolina.

Avery Dennison announced that it has signed an agreement to acquire Vestcom, a privately held market-leading provider of pricing and branded labeling solutions at the shelf-edge for retailers and consumer packaged goods companies, for $1.45 billion in a cash transaction, subject to certain closing and post-closing adjustments.

Smurfit Kappa says it is buying Verzuolo, a containerboard business in northern Italy, for a cash consideration of €360 million. The Verzuolo mill owned by the Burgo Group, is situated close to the port of Savona in the northwest of Italy. The PM9 machine was newly constructed in 2002 and converted into a 600,000 tonne capacity recycled containerboard machine in 2019.

Swedish forestry group Södra's three pulp mills in Värö, Mörrum, and Mönsterås, Sweden, are jointly making a major investment in one thousand wireless Airius vibration sensors with temperature measurement that transfer vibration data via the cellular network.

The Public and Private Workers of Canada Local 2 is bringing attention to issues at the Paper Excellence Canada Catalyst Crofton mill it says have plagued the membership for quite some time.

Sonae Arauco inaugurated a distribution centre (DC) for the North East Europe (NEE) region. Shorter delivery times and greater flexibility offer improved planning reliability for customers. This has been made possible by restructuring the logistics processes and, last but not least, the new Sonae Arauco Distribution Centre.

For sure, your job as CEO just got tougher, and pulling out the employee handbook from 2019 seems so, well, so 2019.

The PM40 closed Friday, 30 July 2021, at 4187.

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 July 2021 up 75.7% from the 31 July 2020 level.

In this issue of Disconnected Comparisons, we evaluate Stora Enso and Greif.

Nova Scotia's three main political party leaders might not agree on much, but there's one issue on which they share the same view: if the owners of the Northern Pulp mill in Pictou County get approval to reopen the beleaguered site, they should not count on financial assistance from the next provincial government.

The Lenzing Group, a world-leading provider of wood-based specialty fibers for the textile and nonwoven industries, is investing GBP 20 mn (equal to EUR 23.3 mn) to build a new, state-of-the-art wastewater treatment plant at its site in Grimsby, United Kingdom.

P&G unveils its first paper bottle for Lenor in partnership with paper bottle company Paboco, announcing a pilot for Western Europe in 2022. The trial rollout will form the basis of a test and learn strategy to scale up paper packaging and incorporate it more widely across P&G's portfolio.

Andritz has received an order from ST Paper to supply a new tissue machine for its recently acquired site in Duluth, Minnesota, USA. Start-up is planned for the end of 2022.

The Ahlstrom-Munksjö Mosinee plant in Wisconsin is teaming up with Via Separations to pilot a cutting edge energy efficiency project. Together, they are validating Via Separations' Black Liquor Concentration System, which is driven by an innovation in membrane material and system design.

As a significant, long-term shareholder of RRD, Chatham strongly urges the Board not to renew its value destructive and insulating stockholder rights plan (the "Poison Pill") upon its expiration on August 28, 2021. Moreover, Chatham recommends the Board engage an external advisor to undertake a strategic review of the Company's assets to unlock the intrinsic value of RRD and improve its share price.

Huhtamaki, a key global provider of sustainable packaging solutions and Syntegon, the German processing and packaging technology provider, announce a breakthrough innovation for the pharmaceutical and healthcare industry.

Sustainable packaging leader DS Smith's paper mill in southeast Georgia has earned top honors as an industry leader in energy efficiency.

DS Smith is partnering with One Tree Planted to plant more than 50,000 new trees across Europe and North America over the next five years.

Graphic Packaging Holding Company announced the release of OptiCycle™, a new, innovative line of non-polyethylene (PE) coated, single-use foodservice packaging that provides an alternative to traditional PE and polylactic acid (PLA) coated products.

Sustainable packaging leader DS Smith's paper mill in southeast Georgia has earned top honors as an industry leader in energy efficiency.

Due to severe fire danger in the region, effective immediately and until further notice, all public use of PotlatchDeltic privately-owned timberlands for recreation is suspended. The extreme fire season and continued dry conditions in Idaho are stressing available firefighting resources and risking public safety, property, and impacting wildlife.

Kimberly-Clark's energy project at Maverick Creek, a 50,000-acre wind farm in Eden, Texas owned and operated by Algonquin Power & Utilities Corp., received the Top Project of the Year Award in the elite Environment + Energy Leader Awards program. The win is an indication the program's expert judges consider Kimberly-Clark's Maverick Creek project a top example of the exemplary work being done today in the fields of energy and environmental management.

The ongoing rise of raw material costs, particularly pulp, chemicals and energy in combination with extremely high freight rates due to global logistic constraints make further price adjustments unavoidable.