Recent Articles

Hurricane Helene has made a significant impact in the Southeastern United States, including in the Carolinas where we have several operations.

According to the Acme-Delco-Riegelwood Fire Department, a log truck turning to enter the papermill was hit in the rear by a box truck from Fayetteville. A log 3 inches in diameter then impaled the driver of the truck, going into their left stomach area.

Ingevity's president and chief executive, John Fortson, has left the maker of specialty chemicals and carbon materials.

Stora Enso is preparing to sell approximately 12% of its total forest assets of 1.4 million hectares in Sweden. Stora Enso has therefore initiated steps to implement a new legal structure for its Swedish forest assets to facilitate the potential sale.

Clearwater Paper Corporation, a premier supplier of bleached paperboard and quality consumer tissue, announced that it temporarily suspended operations at its Augusta, Georgia paperboard facility and its Shelby, North Carolina tissue facility due to the impacts from Hurricane Helene. There was no serious damage to equipment and both facilities are resuming operations.

Suzano, the world's largest pulp producer, has completed the acquisition of two industrial assets from Pactiv Evergreen in Arkansas and North Carolina, United States. All conditions for completing the agreement announced in July have been fulfilled.

A potential deal could value the business at about $4 billion.

Softys S.A., a subsidiary of Empresas CMPC S.A. (CMPC), has signed an agreement with Ontex Hygienic Spain S.L., a unit of the Belgian Ontex Group, to purchase all shares of Falcon Distribuição Armazenamento e Transporte S.A. (Falcon), a Brazilian company specializing in baby diapers and adult incontinence products.

Antalis has signed a binding agreement to acquire Plaesa in Spain, a specialist of technical packaging and conversion of made-to-measure packaging solutions.

Nordic Paper's board recommends shareholders not to accept the offer. The share is currently trading at SEK 50.60, which is higher than the offer of SEK 50.

J-Pack provides various kinds of packaging services such as packing, warehousing, overseas moving, customs clearance, and logistics in Kanagawa and Chiba Prefectures.

Antalis, a European leader in the distribution of Papers, Packaging and Visual Communication, has signed a binding agreement to acquire the assets of Xerox's EMEA paper business. Xerox distributes office paper and digital printing products in more than 40 countries in Eastern Europe, the Balkans, the Middle East, India and Africa.

Kalle Parviainen has been appointed SVP, Metsä Fibre's sawmill business and member of Metsä Fibre's Management Team. He will report to Ismo Nousiainen, CEO, Metsä Fibre in this new role. Parviainen has previously worked as CFO at Metsä Wood.

What part of healthcare do you think is properly priced?

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, more than 150 papermaking innovators and legends have been enshrined. This month, we profile the late Charles Egan, who was inducted into the Hall of Fame in 2017.

The PM40 closed Friday, 11 October 2024, at 6035.

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 11 October 2024 up 24.1% from the 13 October 2023 level.

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

The New York Stock Exchange will delist Enviva's stock by October 22, marking the final chapter in the company's dramatic fall from a market value of nearly $6 billion in 2022. The wood-pellet producer's financial troubles arose from a failed bet on pellet prices, pushing the firm into bankruptcy and wiping out shareholders.

This acquisition further expands Perseus' global footprint in the pulp and paper industry, having already established a strong presence with MAJIQ, Quality Engineered Systems, Ediwise, and MOPSsys.

Kemira announces a 4-8% price increase for all product lines in Pulp & Paper, Americas effective November 1, 2024 or as contracts allow. Continued inflationary pressures in the value chain including raw materials and transportation make this price adjustment necessary.

The start-up is scheduled for the end of 2025.

The paper machine produces recycled paper used in residential and commercial building products. The overall machine rebuild will allow the customer to increase production while reducing natural gas consumption approximately 50% and electricity consumption 20%.

The Argentinian tissue paper producer Papelera San Andres de Giles chooses A.Celli technology and orders a new E-WIND P80 for its Buenos Aires plant to produce their own cardboard cores.

ANDRITZ supplied the complete mill with state-of-the-art technologies for all major process islands.