Recent Articles

The Pulp Rats are back!

A maintenance employee with Sonoco of Hartsville is in the hospital Wednesday (3 July) with a severe arm injury after being hurt on the job, according to Sonoco Director of Corporate Communications and Investor Relations Brian Risinger.

Premier Paper Group has been acquired by Japan Pulp and Paper Company Limited.

The investment decision of the bioproduct mill is made earliest at the summer 2020, after which the construction of the new mill would begin. The new bioproduct mill could start up in the first half of the 2020s.

The deal will be financed through a rights issue of up to $257 million and is likely to be completed by late 2019 or early 2020.

A worker at Interfor Corp.'s Gilchrist sawmill, in northern Klamath County, died following injuries sustained after a fall while he was on the job, according to Andrew Horahan, vice president of western operations at Interfor.

Port Hawkesbury Paper did not lose any production time despite a fire in one of its massive wood silos last month, a company official says.

Crossroads Paper has plans to construct a recycled-paper mill in Utah, expected to open in early 2022, the company announced in Salt Lake City.

A man was airlifted to the hospital after being burned at International Paper in Cantonment.

As part of the merger, West-Rock "centralized" its supply chain functions to its corporate office in Atlanta, WestRock spokesman John Pensec said. The Longview mill had its own on-site supply chain function, Pensec said.

Lincoln Parish Sheriff deputies and firefighters responded to an explosion call at the Roseburg Forest Products Plant in Simsboro.

Orora announced that after more than 10 years leading the Orora business Nigel Garrard has decided to retire from the position of Managing Director and Chief Executive Officer.

Catalyst Powell River has announced a temporary 17-day curtailment of its paper operations in Powell River.

The Company does not endorse TRC Capital's mini-tender offer and recommends that stockholders do not tender their shares in response to the offer.

Smurfit Kappa, which saw off an unwanted takeover bid from International Paper (IP) last year, is unlikely to court renewed interest from its US rival in the near term, according to analysts at French brokerage Exane BNP Paribas.

These funds will be used to secure additional wood fibre inventory for the Fortress Specialty Cellulose mill (the "FSC Mill").

From now on Michael Liche will lead the companies located in Wismar and Landsberg am Lech.

Cascades will pay a cash consideration of US$207 million, financed by the Company's credit facilities.

Multi-Color Corporation announced that the anticipated acquisition of the Company by an affiliate of Platinum Equity, a leading private equity firm, is now complete.

In court on Monday, July 1, Price County Judge Kevin Klein approved an agreement between Flambeau River Papers and CellMark Paper Inc., as well as a request for the mill to pursue financing in the amount of $2 million.

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 Luigi Lazzareschi, who was inducted into the Hall of Fame in 2018.

The PM40 closed Friday, 12 July 2019, at 3217.

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 12 July 2019 down 22.2% from the 13 July 2018 level.

In this issue of Disconnected Comparisons, we evaluate Schweitzer-Mauduit and Domtar.