Recent Articles

Quad/Graphics, Inc. announced that it has sold its heavy-duty industrial wood crating business Transpak to FCA Packaging, a nationwide leader in the custom industrial packaging solutions space.

Fortress Global Enterprises Inc. announces that its wholly owned subsidiaries, Fortress Specialty Cellulose Inc. and Fortress Bioenergy Ltd. have entered into a financing agreement with their secured lenders or their affiliates, providing for a senior secured credit facility in the amount of up to $15,000,000.

Demolition work has started at a landmark paper mill in northern New Jersey that was destroyed in a massive fire that also toppled its iconic sign earlier this year.

Workers are dismantling long-dormant equipment at the McKinley Paper Co. mill to make way for $6.1 million in improvements as the company looks toward reopening the facility by Dec. 31.

Norbord Inc. announced that effective September 5th, Line 1 of its two-line oriented strand board (OSB) mill in Cordele, Georgia will operate on a reduced 10/4 schedule until further notice due to continued poor market conditions.

Interfor Corporation announced that long-time President & CEO Duncan Davies will step down on December 31, 2019 and that Ian Fillinger, currently the Company's Senior Vice President & COO, has been appointed President & CEO effective January 1, 2020.

Smurfit Kappa Group appointed Eduardo Rubio CEO for Smurfit Kappa North America (SKNA) beginning October 1.

Union chief Greg Harvey said no news of a potential sale of the former Verso Corp. paper mill has emerged so far this summer.

AstenJohnson has announced the end of the proposed transaction to merge the Heimbach and AstenJohnson PMC businesses.

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 139 papermaking innovators and legends have been enshrined. This month, we profile the late Frank Sensenbrenner, who was inducted into the Hall of Fame in 1998.

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.