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Commercial Development Co. Inc., the St. Louis, Missouri-based company that purchased the mill from WestRock, began auctioning off heavy equipment, steam-generating machinery and other items last fall.

A major construction project at the Louisiana Pacific Houlton mill in New Limerick will begin this summer. $150 million dollars is being invested in the project that will convert the mill to manufacture LP's Flagship product.

Commercial Development Company, Inc. (CDC) announced the acquisition of a 162-acre retired lumber mill property in Coos Bay, Oregon. The site was acquired by CDC affiliate Coos Bay LLC and purchased from Georgia-Pacific West, LLC. The transaction includes the acquisition of real estate, machinery & equipment, and assumption of environmental liabilities. CDC affiliate Environmental Liability Transfer, Inc. facilitated the transfer of environmental liabilities.

Clearwater Paper Corporation announced that it temporarily suspended its pulp and paperboard operation in Cypress Bend, Arkansas. The cold weather has resulted in the curtailment of natural gas deliveries to the mill as natural gas providers prioritize residential needs.

Fire crews spent several hours overnight Feb. 18 keeping an eye on a portion of the Domtar mill where a small fire broke out just before midnight. KFR crews assisted emergency crews from Domtar in dealing with the issue.

Louisiana-Pacific Corporation has announced they will restart production at the Peace Valley OSB Mill in Fort St. John.

JobsOhio has provided BurrowsTM with a $400,000 grant to invest in new machinery, equipment and infrastructure at its manufacturing plants in Franklin and Mount Vernon, Ohio.

Appvion Inc. officials announced Monday they will close the Spring Mill, which has been operating since 1866, this spring and nearly 300 jobs will be lost.

Nordic Paper has appointed Henrik Essén to a position as Head of IR and Strategy. He will assume his position on March 1st 2021 and will be part of the executive management team of the company.

Rottneros' CFO Monica Pasanen will leave her position in the autumn of 2021. Thus, the recruitment of her successor will begin immediately.

Significant progress has been made at the former Madison Paper Industries mill under its new leadership.

Pregis, a leading manufacturer of protective packaging, is announcing a new 300,000 square foot manufacturing facility in Bethel, Pennsylvania. The plant will be producing lightweight, recyclable all-paper cushioned mailers to support demand in the Northeastern region of North America.

The speculation comes as the company is set to close the sale of its personal care business this quarter and after the company announced last month that CEO John Williams would be taking temporary leave after contracting Covid.

Novolex announced that Dennis Norman has been appointed Chief Financial Officer, effective March 1, 2021. In this capacity, Norman will lead Novolex's finance organization and will be responsible for finance, accounting, treasury, risk management and information technology.

Loewe joins Weyerhaeuser from Visa, where she served as senior vice president of finance, and she brings more than 20 years of financial and operating experience across multiple industries.

Further to the announcement on December 10, 2020, hygiene and health company Essity has now entered an agreement with hygiene company Asaleo Care to acquire the remaining 63.8% of the shares in the company for AUD 1.40 cash per share. Asaleo Care is listed on the Australian Securities Exchange and Essity is the largest shareholder, currently holding 36.2% of the shares.

The last month has seen pulp and paper mills in the United States struck by outside forces out of their control. Or were they? First, WestRock was reportedly invaded by a ransomware attack. We will not know what the damage was there until the next quarter's earnings are reported. Then, southern mills, especially in Texas but throughout the south, were crippled by a severe winter storm. What are the learnings?

The PM40 closed Thursday, 25 February 2021, at 3867.

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 25 February 2021 up 23.8% from the 28 February 2020 level.

In this issue of Disconnected Comparisons, we evaluate Ennis, Inc and Amcor.

Brazilian pulp group Suzano and Finnish cellulose fibre startup Spinnova will build a plant in Finland to make a sustainable textile fibre from wood and waste.

The Ministry of the Environment says it will continue to look into an incident where Resolute Forest Products was discharging "higher than normal contaminant levels" through its effluent into the Kaministiquia River.

The Ministry of the Environment says it will continue to look into an incident where Resolute Forest Products was discharging "higher than normal contaminant levels" through its effluent into the Kaministiquia River.

Through close and enduring collaboration BillerudKorsnäs and Tetra Pak aim to push the figure of renewable material from wood fibre in carton packages towards 100%. Already today the figure is about 70%. New innovations to further increase the sustainability of packages are since long top of the agenda for both companies.

A venture part-owned by Finnish forestry group Stora Enso, Sweden's H&M and IKEA said on Tuesday it was set to build a demonstration plant in Sweden for a new, more sustainable wood-based textile fibre after years of research.