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Operation planned for the second half of 2019

Expects the transaction to close during the fourth quarter of 2018

Can improve the operational reliability of the mills

To provide customers world class service with a local touch

Investment as a whole provides a solid foundation for further development

Will initially create 35 new jobs

Total consideration of up to USD$24 million

Acquired business in Thailand, Vietnam, Philippines and Malaysia

State-of-the-art industrial paper sack line to increase its exports

Doubles the Polish site's production area

Acquisition was completed and finalized officially on 5 September 2018

To continue offering the market a broad product range

Will require a third shift and approximately 30 new employees

Transaction is expected to take approximately 60 days

The PM40 closed Friday, 31 August 2018, at 4227.

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 31 August 2018 up 15.6% from the 1 September 2017 level.

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

Reported insider trading since the last issue of PaperMoney.

Started successfully on schedule and exceeds all expectations

Start-up for rebuilt is scheduled for the end of 2019

Expected to close during the fourth quarter of 2018

Transaction is expected to close in the third quarter of 2018

Proceeds to fund further expansions

Loss of 170 full-time jobs