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UPM to suspend purchasing of wood in and from Russia and operations at its Chudovo plywood mill (relevance: 11.1%, date: Mar 15, 2022)
UPM will suspend purchasing of wood in and from Russia as well as the UPM Chudovo plywood mill operations for the time being. The company is preparing a mitigation plan accordingly. UPM also informed on 3 March 2022 that it will cease deliveries to Russia.

Norske Skog: High energy prices necessitate temporary downtime at the Bruck paper mill (relevance: 11.1%, date: Mar 15, 2022)
Due to unaffordability of operations in the current energy environment, temporary downtime has been initiated at the Bruck paper mill in Austria. The new boiler scheduled for start-up in April is expected to contribute to alleviate the situation by reducing the mill's gas consumption and improve its energy supply. The boiler project and the packaging conversion project at the Bruck mill continue as planned.

International Paper to Increase Investments in Morocco, Supporting Customer Demand for Sustainable Corrugated Packaging (relevance: 11.1%, date: Mar 15, 2022)
International Paper (IP), one of the world's leading producers of renewable fiber-based packaging and absorbent pulp solutions, is announcing another investment program worth 100 million MAD (10 million EUR) at its production facilities in Morocco for 2022. The investment comes in response to the continued increase in demand for corrugated packaging solutions.

Russia to ban wood exports to U.S. and EU until the end of 2022 (relevance: 11.1%, date: Mar 15, 2022)
The ban will affect the countries from 'unfriendly' states list recently released by Russia, including the U.S. and the EU countries. According to the Ministry of industry and trade of Russia, the ban will ensure the needs in the domestic market in affordable raw wood, as well as stimulate a further increase of wood processing within the country.

Columbia Pulp ordered to pay $758K debt or property will be sold at courthouse (relevance: 11.1%, date: Mar 15, 2022)
Columbia Pulp LLC has until April 15 to pay off a debt of $758,490.97 plus fees or its property near Starbuck will be sold to satisfy the judgment, according to Columbia County Superior Court papers posted on social media by that county's Sheriff's Office on Thursday, March 10.

Verso Announces Stockholder Approval of Merger Agreement with BillerudKorsnäs (relevance: 11.1%, date: Mar 15, 2022)
Verso and BillerudKorsnäs now expect the merger to close in late-March or April of 2022.

Disconnected Comparisons (relevance: 11.1%, date: Mar 1, 2022)
In this issue of Disconnected Comparisons, we evaluate Quad and Veritiv.

RearView (relevance: 11.1%, date: Mar 1, 2022)
The PM40 closed 25 February 2022 up 6.2% from the 25 February 2021 level.

PM40 (relevance: 11.1%, date: Mar 1, 2022)
The PM40 closed Friday, 25 February 2022, at 4290.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

The Final Word by Helen Roush (relevance: 11.1%, date: Mar 1, 2022)
Congratulations to Green Bay Packaging

ANDRITZ receives repeat order to supply two heat recovery chains for tissue production to ICT (relevance: 11.1%, date: Mar 1, 2022)
Start-up is scheduled for 2022.

Metsä Fibre signs electrical, automation and ICT installation agreements for Kemi bioproduct mill in Finland (relevance: 11.1%, date: Mar 1, 2022)
All the electrical, automation and ICT installation contracts for the Kemi bioproduct mill project of Metsä Fibre, part of Metsä Group, have now been agreed.

Valmet to supply new headbox to Naini Papers in India (relevance: 11.1%, date: Mar 1, 2022)
Valmet will supply a new headbox to Naini Paper Limited's Kashipur mill in India. The investment is targeted to strengthen Naini Paper's capability in delivering high-quality paper to its customers and secure its market position with growing productivity.

Steico to install two defibrator systems at Gromadka mill in Poland (relevance: 11.1%, date: Mar 1, 2022)
Valmet will deliver two second-generation EVO Defibrator systems to the new insulation materials plant at Steico Sp. z o.o's Gromadka site in Poland. The EVO Defibrators are known for the reliable performance and low operating cost.

Solenis to Increase Prices in the Americas Across All Product Lines (relevance: 11.1%, date: Mar 1, 2022)
Solenis, a leading global producer of specialty chemicals, will increase prices across all product lines in North America and Latin America by 10 to 25 percent, effective April 1, 2022, or as customer contracts allow.

Sonoco Announces Changes to Board of Directors (relevance: 11.1%, date: Mar 1, 2022)
Sonoco, one of the largest global sustainable packaging companies, announced that two members of the Company's Board of Directors will be leaving.

West Fraser commits to GHG emissions reductions through SBTi process (relevance: 11.1%, date: Mar 1, 2022)
West Fraser Timber Co. Ltd. announced a commitment to set science-based targets to achieve near-term greenhouse gas ("GHG") reductions across all its operations located in the United States, Canada, United Kingdom and Europe.

Rayonier Advanced Materials Publishes 2021 Environmental, Social and Governance Report (relevance: 11.1%, date: Mar 1, 2022)
The report details the Company's accomplishments, progress and commitments with respect to its careful stewardship of tremendous assets and valuable resources.

Bast Fibre Technologies Inc. completes acquisition of Lumberton Cellulose from Georgia-Pacific (relevance: 11.1%, date: Mar 1, 2022)
Bast Fibre Technologies Inc. (BFT), a manufacturer of premium natural fibres, has completed its purchase of Georgia-Pacific's Lumberton Cellulose LLC. The Lumberton, NC site is a highly automated state-of-the-art manufacturing facility with approximately 25 employees that will now operate under the new name of BFT Lumberton.

Sonoco Named to Barron's 100 Most Sustainable Companies List for Fourth Consecutive Year (relevance: 11.1%, date: Mar 1, 2022)
Sonoco, one of the most sustainable, diversified packaging companies, has again been selected as one of Barron's 100 Most Sustainable Companies in the United States. The Company's ranking jumped significantly this year, from 91st to 56th.

Smurfit Kappa recognised as top sustainability performer by Sustainalytics (relevance: 11.1%, date: Mar 1, 2022)
Smurfit Kappa has been recognised as a top ESG performer by leading research and analytics company Sustainalytics. Following analysis of more than 4,000 European-based companies, Smurfit Kappa was named a Regional Top Rated company and is ranked in the top 5 of the Paper Packaging category globally.

Stora Enso supplies renewable wood materials to Sweden's National Museum of Science and Technology (relevance: 11.1%, date: Mar 1, 2022)
The construction of Wisdome Stockholm, a scientific experience arena, is now under way. The building at Sweden's National Museum of Science and Technology in Stockholm has a pioneering design and will be a landmark object for sustainable and climate-smart construction in wood. Stora Enso is the main partner and delivers wood construction materials to Wisdome Stockholm.

Rengo to open Yashio Second Logistics Center in Japan (relevance: 11.1%, date: Mar 1, 2022)
Rengo Co., Ltd. will open the Yashio Second Logistics Center, a logistics center for containerboard in the Kanto region, Japan. Start of operations of 30,563 m² warehouse scheduled on April 2022.

Ahlstrom-Munksjö, Ellepot and OrganoClick jointly create organic paper pot (relevance: 11.1%, date: Mar 1, 2022)
Ahlstrom-Munksjö, Ellepot, and OrganoClick have partnered to provide 100% biobased and biodegradable solutions to the horticulture market. Organic 2.0 paper pot is an entirely organic-based solution to grow crops on an industrial scale. The new product has allowed the companies to enter the organic crop segment, which is expected to grow exponentially in the coming years.

Huhtamaki signs a Virtual Power Purchase Agreement in the United States (relevance: 11.1%, date: Mar 1, 2022)
Huhtamaki, a key global provider of sustainable packaging solutions, has signed a 12-year Virtual Power Purchase Agreement (VPPA) with a subsidiary of NextEra Energy Resources, LLC.