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PM40 (relevance: 11.1%, date: Aug 16, 2022)
The PM40 closed Friday, 12 August 2022, at 5595.

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

Interfor appoints new Director (relevance: 11.1%, date: Aug 16, 2022)
The Interfor Board appointed Tom Temple of Kingston, Washington as a director of the Company. Mr. Temple, who is 65, is the former VP, Wood Products and Southern Resources of PotlatchDeltic, a diversified forest products company. Mr. Temple's appointment increased the number of directors from ten to eleven, while deepening the Board's operations and sales expertise in the U.S. in line with the Company's Board succession plan.

Steve Rice Joins Mill Rock Packaging as Chief Information Officer (relevance: 11.1%, date: Aug 16, 2022)
Mill Rock Packaging Partners, a specialty packaging platform that invests in growth-oriented companies with advanced service and product capabilities in the consumer packaging industry, announced that Steve Rice has been named Chief Information Officer, a new position for the company. Mill Rock Packaging is a portfolio company of New York-based Mill Rock Capital, a growth and operations-oriented private investment firm.

Rottneros appoints Monica Pasanen as new CFO (relevance: 11.1%, date: Aug 16, 2022)
Rottneros AB announces that Pia Ohlson has decided to leave her position as CFO as of 5 September 2022. As CFO, Pia Ohlson has been a member of group management in Rottneros.

Kadant Johnson Appoints Danielle Rohrer Vice President, Commercial Operations (relevance: 11.1%, date: Aug 16, 2022)
Rohrer joined Kadant Johnson in 2008 as a marketing manager. Since that time, her responsibilities have grown to include inside sales, applications, and marketing where she has developed high-performance teams in each area.

A.Celli Paper to supply paper rewinder to RDM Group mill in Blendecques, France (relevance: 11.1%, date: Aug 16, 2022)
Following the fire that hit RDM Blendecques mill in France, A.Celli will contribute to the restart of production with a brand new E-WIND P100 paper rewinder.

Kimberly-Clark Recognized as One of the 2022 World's Most Ethical Companies by Ethisphere (relevance: 11.1%, date: Aug 16, 2022)
Kimberly-Clark announced that it was once again named one of the World's Most Ethical Companies by Ethisphere for the fourth consecutive year. This recognition honors the company's exceptional leadership and commitment to business integrity through best-in-class ethics, compliance and governance practices.

Mondi and Fiorini International team up to develop new fully recyclable paper packaging for premium pasta (relevance: 11.1%, date: Aug 16, 2022)
Mondi, a global leader in packaging and paper, in partnership with Fiorini International, a world leading converter and packaging producer based in Italy, has successfully created and launched a new fully recyclable paper packaging for a premium Italian pasta brand.

Norske Skog joins UN Global Compact (relevance: 11.1%, date: Aug 16, 2022)
To strengthen our commitment to green growth and sustainable business practices, Norske Skog has joined the world's largest corporate sustainability initiative. At Norske Skog, we believe that industry must participate actively to progress according to the principles outlined by the UN Global Compact on human rights, labor, environment and anti-corruption.

Sonoco Releases 2021-22 Corporate Sustainability Report, Renews 2030 Commitments (relevance: 11.1%, date: Aug 16, 2022)
Sonoco, one of the largest diversified global packaging companies, released its 2021-22 Corporate Responsibility Report, renewing ambitious 2030 commitments to reduce greenhouse gas emissions and energy usage. The Science Based Targets align with the Paris Climate Agreement, which seeks to limit global warming temperatures well below -2 degrees Celsius above pre-industrial levels.

Class-action lawsuit against New-Indy can continue, federal judge rules (relevance: 11.1%, date: Aug 16, 2022)
Complaints about the odors seemingly coming from the paper mill have dated back to 2020.

Paper tissue and towel company hopes to expand its Eagle Bridge, N.Y. facility (relevance: 11.1%, date: Aug 16, 2022)
Construction of the facilities and infrastructure work will cost approximately $9.5 million. The rest will be spent on equipment, furniture and a new sprinkler system.

Canfor Taylor Mill curtailment to extend until transportation levels "more normal" (relevance: 11.1%, date: Aug 16, 2022)
In its second-quarter results for 2022, Canfor said the Taylor Pulp Mill curtailment will continue until "more normal" transportation levels return to its pulp and paper mills.

Pactiv Evergreen Completes Sale of its Carton Packaging and Filling Machinery Businesses in China, Korea and Taiwan (relevance: 11.1%, date: Aug 16, 2022)
Pactiv Evergreen Inc. announced that its wholly-owned subsidiary, Evergreen Packaging International LLC, has completed the previously announced sale of its carton packaging and filling machinery businesses in China, Korea and Taiwan to SIG Group Ltd.

Cascades: Cost of Bear Island Conversion Project Has Increased (relevance: 11.1%, date: Aug 16, 2022)
Cascades Inc. said the cost of its Bear Island conversion project has increased amid higher labor costs and reduced availability of materials.

Imperial Dade Adds Scale in Florida, Acquires Palm Paper Supply (relevance: 11.1%, date: Aug 16, 2022)
Palm Paper is a market leading distributor of foodservice and janitorial sanitation products.

BillerudKorsnas and Viken Skog to establish pulp mill in Norway (relevance: 11.1%, date: Aug 16, 2022)
Viken Skog and the Swedish packaging manufacturer BillerudKorsnäs are collaborating to establish a wood pulp facility in Treklyngen Industripark, the area Viken Skog bought after Norske Skog Follum shut down paper production in 2012.

West Fraser Timber cuts production capacity at three mills in Canada (relevance: 11.1%, date: Aug 16, 2022)
West Fraser Timber is permanently curtailing approximately 170 million board feet of combined production at its Fraser Lake and Williams Lake sawmills and approximately 85 million square feet of plywood production at its Quesnel Plywood mill in Canada. The curtailments will be realized through the elimination of one shift at each facility.

Kimberly-Clark Recognized as One of the 2022 World's Most Ethical Companies by Ethisphere (relevance: 11.1%, date: Aug 2, 2022)
Kimberly-Clark announced that it was once again named one of the World's Most Ethical Companies by Ethisphere for the fourth consecutive year. This recognition honors the company's exceptional leadership and commitment to business integrity through best-in-class ethics, compliance and governance practices.

Katri Hokkanen appointed CFO at Valmet (relevance: 11.1%, date: Aug 2, 2022)
Ms. Katri Hokkanen (M.Sc. Econ) has been appointed CFO at Valmet as of August 1, 2022. She will report to President and CEO Pasi Laine. Katri Hokkanen has worked as Valmet's interim CFO since May 1, 2022.

Recession (relevance: 11.1%, date: Aug 2, 2022)
I think it was Ronald Reagan who said, "A recession is when your neighbor loses their job, a depression is when you do." The powers that be tell us the United States is in a recession now--two quarters of declining GDP growth.

Disconnected Comparisons (relevance: 11.1%, date: Aug 2, 2022)
In this issue of Disconnected Comparisons, we evaluate Boise Cascade and Graphic Packaging.

RearView (relevance: 11.1%, date: Aug 2, 2022)
The PM40 closed 29 July 2022 up 13% from the 30 July 2021 level.

PM40 (relevance: 11.1%, date: Aug 2, 2022)
The PM40 closed Friday, 29 July 2022, at 5281.

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

ANDRITZ to supply four stock preparation systems for tissue production to Guangxi Sun Paper, China (relevance: 11.1%, date: Aug 2, 2022)
Start-up is scheduled for the third or fourth quarter of 2022.