Recent Articles

The PM40 closed 15 May 2020 down 32.5% from the 17 May 2019 level.

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

Ahlstrom-Munksjö, Filterpak and K Group will start in co-operation the production and supply of face masks for civil use in Finland. The first batch of masks will be available at the end of May.

The Nova Scotia government says it is providing a maximum of $10 million under an agreement with the Northern Pulp mill to help with the cleanup of the site while the mill is in hibernation.

In early March 2020, we informed you that our IT systems had been affected by malware. During this period, we faced some challenges running a manual operating system to fulfill our customer orders and commitments. Today, we have full visibility of our order fulfillment process and expect to return to the excellent customer service levels to which you are accustomed.

Veritiv Corporation announced that its Canadian division, Veritiv Canada Inc., will be the exclusive Canadian distributor of coated board from China from Asia Pulp & Paper (APP).

Stora Enso and Cordenka have signed a joint development agreement to develop precursors for bio-based carbon fiber. The co-development is driven by the need for high performance carbon fiber in transportation, construction and power generation.

A new slate of state-imposed operational rules will require International Paper to pay $190,000 in penalties, implement a $1 million environmental mitigation project and pay a $10,000 fine each time it fails certain water quality tests.

Researchers at Saint Mary's University in Halifax are investigating whether Nova Scotia fir and spruce can be converted into pulp for use in medical masks, disposable gowns and even bedpans..

Smurfit Kappa has launched a portfolio of products designed to help businesses, schools and offices resume operations in accordance with safety guidelines as Covid-19 lockdown restrictions start to be reduced.

Over the last decade, the U.S. paper industry achieved a consistently high recycling rate, meeting or exceeding 63 percent since 2009 -- a rate that's nearly doubled since 1990, when the industry first set a paper recycling goal.

Sustana Fiber says its mill in Lévis, Quebec, has begun accepting beverage and food cartons for recycling, thereby becoming the first mill in Canada to recycle cartons in the last 20 years.

LP Building Solutions announced that, due to the public health and safety concerns related to the COVID-19 pandemic, the company will change its 2020 Annual Meeting of Stockholders to a virtual-only format instead of an in-person meeting.

Voith Group successfully completed on the acquisition of Toscotec S.p.A. Technology Group Voith acquired 90% of the shares.

Sonoco announced it is increasing prices for all rigid paper containers and closures sold in North America by a minimum of 5.5 percent, effective with shipments on, and after, June 8, 2020.

Quad/Graphics, Inc. announced that due to the public health impact of the coronavirus (COVID-19) pandemic, and to support the health, well-being and safety of its shareholders, employees, other stakeholders and communities, the Company will provide webcast and telephone access to its 2020 Annual Meeting of Shareholders to be held at 10:00 a.m. CT (11:00 a.m. ET) on May 18, 2020.

The Southeast Texas Record is reporting that a June 2017 Jefferson County Jury verdict for $122 million in damages against International Paper, Inc. has been trimmed down to $14.8 million by the Texas 13th Court of Appeals. The verdict came following a breach of contract lawsuit filed by Signature Industrial Services of Beaumont.

Huhtamaki is expanding the production of its CE marked high-quality protective face shields for health care workers and others that need increased hygiene and safety protection.

Valmet will supply an ash crystallizer plant with a capacity of 300 tons of ash per day to LD Celulose S.A. in Brazil.

Valmet will supply the seventh tissue line delivery including an extensive automation package to Turkish tissue producer Hayat Kimya.

Reported insider trading since the last issue of PaperMoney.

As COVID-19 cases continue to rise in the Shenandoah Valley, with 426 confirmed cases in Harrisonburg by April 30, LSC Communications has confirmed more cases of the virus in their workplace.

An industrial fire has caused significant damage to a building on the site where San Group is building a remanufacturing plant in Port Alberni.

Short-time working was also introduced at the sawmills in Mönsterås and Hamina in Finland at the same time.

Six Democratic senators have urged the U.S. Justice Department to take a hard look at what they called a "problematic" merger of the No. 2 and No. 3 largest textbook companies, Cengage and McGraw-Hill.