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The plan is for DuPont to turn its electronics and water businesses into their own companies in a transaction that is tax-free to shareholders. The new companies are unnamed as of now.

Mondi is investing €200 million into a high-quality recycled containerboard machine with an annual capacity of around 420,000 tonnes at its Duino mill near Trieste, acquired in January 2023.

Brazilian pulpmaker Suzano confirmed it is interested in assets owned by International Paper, but said that it has not reached any final decision about a deal.

Graphic Packaging expects to close its Randleman operations around July 9, according to paperwork filed with the N.C. Department of Commerce.

All of the employees were able to escape unharmed. The fire is believed to be electrical in nature.

Brazilian pulp and paper company Suzano has been in talks with its advisers about sweetening its $15 billion acquisition offer for International Paper, people familiar with the matter said on Monday.

Billerud's Board of Directors has decided to not proceed with plans to convert its Escanaba mill to cartonboard production. Instead, the company will target to shift its product mix gradually towards packaging materials in North America with a moderate investment level.

Arauco Group has invested in the Internal Resin Injection System for their plant in Trupan, Chile. Sunds Fibertech will deliver a complete resin dosing and injection system, including automation and start-up. The start-up will be done in Q4, 2024.

The decision to delay the conversion follows a recent study, which indicated that the current availability of recycled containerboard in Europe is sufficient to meet market demands.

UPM Raflatac and the Paper Workers' Union have reached an outcome in the collective labour agreement negotiations concerning UPM Raflatac's Tampere factory in Finland.

UPM Pulp, UPM Communication Papers and the Paper Workers' Union have successfully negotiated new collective labour agreements for UPM's Finnish pulp and printing paper mills. The new contracts, set for a two-year period, will take effect pending approval from the Paper Workers' Union's Board on 5 June 2024.

SCA has recruited Per Funkquist as new Vice President Sustainability. Per Funkquist has extensive and solid experience in the forestry industry and will take up his new position on September 1, 2024.

SCA has recruited Per Funkquist as new Vice President Sustainability. Per Funkquist, who holds a degree in forestry from SLU - the Swedish University of Agricultural Sciences, is joining from a role as Director of Communication and Sustainability Procurement & Wood Supply at another forest industry company.

I have been doing some research for a paper to be presented at a private client conference, so I will be a bit circumspect here, but the bottom line is this--pulp and paper companies will have no choice but to become larger. This is not driven by demand, but by necessary economies of scale.

The PM40 closed Friday, 31 May 2024, at 5751.

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 May 2024 up 19.9% from the 2 June 2023 level.

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

During Södra's general meeting in Kalmar, a decision was made to distribute the profit distribution of SEK 1,474 million to the members. During the meeting, evaluation of the southern model, development of the business model and the risk that species protection could render the forest owner disenfranchised were highlighted.

Due to continuous cost increases, Felix Schoeller will raise its prices for release liners globally from June onwards.

Andritz has completed the conversion of a graphic paper machine at Heinzel Group's Steyrermühl mill in Austria.

Valmet and Papierfabrik Palm GmbH & Co KG have signed a three-year Service Agreement and a one-year Performance Agreement to further improve the performance of Palm's production lines Aalen PM5 and Wörth PM6 in Germany.

ABB has won an order from Södra Cell to implement optimization control for the pulp and paper manufacturer's mill in Värö, Sweden.

Andritz has received an order from lndah Kiat Pulp & Paper TBK to supply a complete old corrugated containers (OCC) line including a reject treatment system to the mill in Karawang, Jawa Barat, Indonesia.

Following approval by the relevant authorities, the acquisition of NAF AB business by international technology group Andritz has been completed. This acquisition further strengthens the Andritz product portfolio in the field of process control and automation systems for pulp and paper mills and other process plants.

On May 30, 2024, Twin Rivers Paper Company Inc. was fined $250,000 in New Brunswick Provincial Court after pleading guilty to one charge of contravening subsection 36(3) of the Fisheries Act by permitting the deposit of a deleterious substance, namely pulp and paper process water called groundwood white water, into the Madawaska River. The fine will be directed to the Government of Canada's Environmental Damages Fund.