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Expected to be complete in the first quarter of 2019

Rebuild is on schedule

61 employees to lose their jobs

Transaction expected to close in the second quarter of calendar year 2019

Waste paper storage area will also be expanded significantly

Brazil's fourth most valuable company

Paper production continues as normal

Start-up was very successful with excellent performance

Due to log supply constraints, log costs and current market conditions

Start-up was in January 2019 after a delivery time of just eight months

Start-up is scheduled for the final quarter of 2019

Employees burn paper stocks

No injuries were reported

The Company's debt obligations has been extended to May 1, 2019

The project could generate around 1,300 new jobs

To be stopped on March 1, 2019

High level of automation improves quality, security and efficiency

High-speed cameras will monitor critical process areas

Continuing to meet customer needs

System renewal will be delivered in June 2019

Continued high log costs and lumber market conditions

Focusing on business opportunities that complement our position in selected markets

The PM40 closed Friday, 11 January 2019, at 3413.

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 January 2019 down 21.9% from the 12 January 2018 level.

In this issue of Disconnected Comparisons, we evaluate PotlatchDeltic and Greif.