Recent Articles

Oregon's cap and trade bill would have meant job loss and industry downsizing; however, it would have done little to address climate change.

Verso Corporation announced that its Board of Directors, had in late March of 2019, reengaged Houlihan Lokey Capital, Inc. as the company's financial advisor to assist Verso in identifying and evaluating a range of potential strategic alternatives, including a possible merger, joint venture, partnership, business combination, stock repurchase, recapitalization, sale, distribution, transfer or other disposition or acquisition of assets or equity interests, while the Company conducts its search to identify and retain a permanent chief executive officer.

Canfor Pulp Products Inc. announced it will be temporarily curtailing operations at its BCTMP mill in Taylor, British Columbia (BC) from June 29 through August 5, 2019, due to a combination of weaker market conditions and short-term fibre constraints resulting from industry-wide sawmill curtailments in the BC Interior.

Louisiana Pacific will indefinitely shut down operations at the Peace Valley OSB mill in Fort St. John.

In a statement on Monday, the court-appointed receiver, Madison bankruptcy lawyer Rebecca DeMarb, blamed a paper customer for the closure.

Norske Skog AS, one of the leading global publication paper producers, announces today that it has initiated a process to consider an initial public offering ("IPO") and listing of its shares on Oslo Børs (Oslo Stock Exchange). Norske Skog AS is currently owned by funds managed by Oceanwood Capital Management Limited.

Smurfit Kappa Group said it had upped its interest in Carton de Colombia to 97.7% after making a tender offer for minority shares in the business.

Amcor announces the successful completion of its acquisition of Bemis Company Inc., effective 11 June 2019.

A fire that started in the blower room at Verso Corp. on Monday didn't affect the company's operations, according to the fire chief.

The curtailments are scheduled to run from June 17 through July 26.

Firefighters responded to a two-alarm fire at Monadnock Paper Mills in Bennington Thursday morning (June 6) around 9:45 a.m.

Madisonville Fire Department crews were called out 2:24 p.m. May 31 to Ahlstrom-Munksjo.

Trade union representatives have welcomed talks with a management team to acquire Arjowiggins Fine Papers' Stoneywood and Chartham mills after negotiations with a preferred bidder broke down earlier this month.

The Waco Fire Department said a fire broke out at the Sonoco Flexible Packaging building Monday morning, June 3.

Earlier this year (March 1, 2019), we shared with you the news that Ken Winterhalter had been named the new Chief Executive Officer of Twin Rivers, and that I (Bob Snyder) would be moving into a full-time role as Chairman of the Twin Rivers Board of Managers.

Packaging products maker DS Smith Plc said on Thursday that it had made plans for contingency stocking of spare parts as it readies for Britain's planned exit from the European Union, but expected disruption to its operations to be "relatively contained".

It is the first all-in-one digital customer platform available in the paper sack industry worldwide.

McKinley Paper Co. has reached agreement with the Association of Western Pulp and Paper Workers Local 155 on a new labor deal that will be in effect once McKinley opens its Ediz Hook paper mill, company and union officials said earlier this month.

The decision on the investment of 65,000 cubic metre Kerto LVL line was made in December 2017.

Officials say they can't determine what caused a massive blaze that destroyed a landmark paper mill in northern New Jersey and toppled its iconic sign earlier this year.

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 Dr. Liisa Viikari, who was inducted into the Hall of Fame in 2018.

The PM40 closed Friday, 14 June 2019, at 3294.

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 14 June 2019 down 21% from the 15 June 2018 level.

In this issue of Disconnected Comparisons, we evaluate Amcor and Kimberly-Clark.