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The PM40 closed Friday, 13 September 2019, at 3106.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

Reported insider trading since the last issue of PaperMoney.

The PM40 closed 13 September 2019 down 25.6% from the 14 September 2018 level.

In this issue of Disconnected Comparisons, we evaluate Graphic Packaging and Sonoco.

The Town of Fort Frances is trying to seize some heavy equipment belonging to the new owners of the former Resolute Forest Products sawmill in an effort to recover unpaid taxes.

Sofidel has decided to abandon use of disposable plastic items in its workplaces.

West Fraser Timber Co. Ltd. says it will introduce variable operating schedules at five of its British Columbia sawmills, resulting in an estimated 15 to 25 per cent decrease in production.

As many as 10,000 tree seedlings have been planted on degraded land in Riau province by giant paper producer Asia Pulp & Paper (APP), a subsidiary of Sinar Mas Group.

If realized, the measures would result in a reduction of 265,000 tonnes of SC capacity and 240,000 tonnes of newsprint capacity in UPM's portfolio.

A scheduled week-long shutdown for maintenance at Prince George Pulp and Paper will be followed by a two-week closure in response to weak prices for its product, a Canfor Pulp spokesperson confirmed Wednesday.

Interfor Corp. plans to permanently close its Hammond sawmill in Maple Ridge, B.C., affecting more than 100 workers.

Kadant Johnson LLC, a subsidiary of Kadant Inc. (NYSE: KAI), has expanded its Services division to enhance its offerings to the paper and corrugated packaging industries.

Valmet will supply a board machine with an extensive automation and Industrial Internet package for JK Paper Limited's Fort Songadh Mill in India.

The start-up is planned for October 2020.

The EcoSeal paperboard container joins Sonoco's growing EnviroSense™ family of sustainable packaging.

The total value of the order is around Euro 50 million.

Pregis LLC, a leading protective packaging materials and automated systems manufacturer, has received a Forest Stewardship Council® (FSC®) Chain of Custody, FSC Recycled certification for its Easypack paper portfolio.

Businessman Gary McGann has lost an appeal against tax treatment on two payments totalling €2.3 million which he claimed were a gift from SmurfitKappa's shareholders during his time as chief executive.

Verso Corporation introduced a new promotion for its economy coated paper, Anthem Plus®, titled Anthem Plus®. Solid Performer.

Lecta is expanding its Adestor self-adhesive product portfolio with the launch of a new range of rubber-based Adestor Hot-Melt adhesives for excellent performance in these applications.

Sonoco announced the creation of its new EnviroSense™ sustainable packaging initiative. Crossing a range of packaging materials, including cans made from 100-percent recycled paperboard, rigid plastic packaging containing post-consumer recycled content, mono-material flexible pouches that are recyclable, and innovative packaging made from agricultural fibers, EnviroSense products are designed to incorporate a number of elements associated with more sustainable packaging.

Management Resources

PM40 Stock Quotes

Firefighters from Effingham and Teutopolis responded to Quad Graphics in Effingham, where a fire was reported in the scrap room of the printing plant.

Crofton Fire Department responded to a small fire in a scrapyard at the Catalyst Paper Excellence Crofton pulp mill.