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Heinzel Group becomes strategic investor in project to build Paraguay's first pulp mill (relevance: 11.1%, date: Aug 2, 2022)
Heinzel Holding GmbH and Paracel S.A. jointly announce that Heinzel has entered into an investment agreement to become the strategic equity investor in Paracel, an afforestation and pulp mill project in Paraguay, South America.

Rengo installs new biomass boiler for power generation at Tonegawa Division in Japan (relevance: 11.1%, date: Aug 2, 2022)
By switching to renewable energy using this biomass boiler, a reduction of approximately 90,000 tons of CO2 emissions is expected each year.

CGC announces $210 million investment to build state-of-the-art wallboard manufacturing plant in Alberta (relevance: 11.1%, date: Aug 2, 2022)
Construction on the plant is projected to begin in 2023.

Canfor to Invest in New Facility in Alabama (relevance: 11.1%, date: Aug 2, 2022)
Startup of the facility is anticipated in the third quarter of 2024.

NOREXECO Hosted Its First North American Focused Webinar - "Understanding Financial Instruments For North American Buyers and Sellers of Pulp" (relevance: 11.1%, date: Jul 19, 2022)
On June 28th, NOREXECO, the world's only international regulated market for trading pulp and paper derivatives, explained to North American buyers and sellers of pulp how they could mitigate pricing risk for market pulp using exchange traded contracts.

Conifex Timber delays restart of Mackenzie power plant due to turbine damage (relevance: 11.1%, date: Jul 19, 2022)
Conifex Timber Inc. announced a delay in the resumption of operations at its power plant in Mackenzie, British Columbia, Canada, following the previously disclosed dispatch period. In the course of annual maintenance of the power plant, damage to the plant's turbine has been discovered. The boiler, generator and other long lead-time equipment have not been impacted.

Disconnected Comparisons (relevance: 11.1%, date: Jul 19, 2022)
In this issue of Disconnected Comparisons, we evaluate Glatfelter and International Paper.

RearView (relevance: 11.1%, date: Jul 19, 2022)
The PM40 closed 15 July 2022 up 6.5% from the 16 July 2021 level.

PM40 (relevance: 11.1%, date: Jul 19, 2022)
The PM40 closed Friday, 15 July 2022, at 4891.

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

Valmet to deliver world's first electrical folding machine for pulp bales to Södra Cell Mönsterås in Sweden (relevance: 11.1%, date: Jul 19, 2022)
Valmet will deliver the world's first two electrical folding machines for pulp bales to Södra Cell Mönsterås pulp mill in Sweden.

Ahlstrom-Munksjö appoints Emmanuelle Picard as EVP of Building Materials division (relevance: 11.1%, date: Jul 19, 2022)
Starting September 26, Emmanuelle Picard is appointed EVP of the Building Materials division at Ahlstrom-Munksjö and a member of the Executive Management Team.

Koskisen appoints Sanna Väisänen as Director of Sustainability and Communications (relevance: 11.1%, date: Jul 19, 2022)
Sanna Väisänen has been appointed as Koskisen's Director of Sustainability and Communications and a member of the Executive Board effective 1 September 2022.

Charlotte Kaiser, Former Head of NatureVest, Joins the BTG Pactual Timberland Investment Group, LLC to Lead New Impact Initiatives (relevance: 11.1%, date: Jul 19, 2022)
Charlotte Kaiser has joined the BTG Pactual Timberland Investment Group (TIG) as the firm's first Head of Impact Finance.

Twin Rivers Paper Announces Additions to Executive Team (relevance: 11.1%, date: Jul 19, 2022)
Twin Rivers Paper Company, a leading producer of specialty paper products, is pleased to announce recent additions to its executive leadership team.

Sonoco Expanding Residential Recycling of Paper Cups to its Mill in Hartsville, South Carolina (relevance: 11.1%, date: Jul 19, 2022)
Sonoco announced it is expanding post-consumer recovery and recycling opportunities for paper cups in bales of mixed paper to be used as raw material at its Hartsville, S.C., paperboard mill to produce new paperboard.

Smurfit Kappa: Pre-Print & Coatings Win FTA Europe Diamond Award (relevance: 11.1%, date: Jul 19, 2022)
Smurfit Kappa Pre-Print & Coatings in collaboration with Molson Coors Beverage Company are delighted to confirm that they have reached the summit of European recognition for the highest quality of flexographic print - winning the annual FTA Diamond Award at this month's event in Milan.

Pactiv Evergreen Launches New PlantCarton Life School Program at School Nutrition Conference (relevance: 11.1%, date: Jul 19, 2022)
The program is being introduced at the School Nutrition Association's (SNA) 2022 Annual National Conference.

Nordic Paper upgrades to IFS Cloud to drive operational efficiencies and support dynamic growth (relevance: 11.1%, date: Jul 19, 2022)
IFS, the global cloud enterprise software company, announced that Sweden-based speciality paper manufacturer, Nordic Paper, has decided to upgrade its existing on-premise enterprise asset management (EAM) software to the latest IFS Cloud™ solution to drive efficiencies across its global operations. The upgrade will be implemented by IFS channel partner, Novacura, which is also based in Sweden.

Enviva Launches the Enviva Heirs Property Fund to Combat Involuntary Land Loss in U.S. Southeast (relevance: 11.1%, date: Jul 19, 2022)
Enviva Inc., the world's largest producer of industrial wood pellets, announces the establishment of the Enviva Heirs Property Fund (EHPF), an initiative dedicated to ending involuntary land loss across the U.S. Southeast.

Sonoco ThermoSafe and Turkish Cargo Sign Global Master Lease Agreement (relevance: 11.1%, date: Jul 19, 2022)
Sonoco ThermoSafe's Pegasus ULD® is the world's first FAA and EASA-approved passive bulk temperature-controlled ULD container for pharmaceutical use, which enables it to speed through international air freight handling and customs processes at the lowest possible cost.

Update: Fire at Mercer Stendal Pulp Mill (relevance: 11.1%, date: Jul 19, 2022)
Mercer International, provides the following update to its press release of July 1, 2022 regarding a fire which occurred in the wood chip storage area at our Stendal pulp mill.

Capital investment for STP-Tolko Southeastern Timber Products (relevance: 11.1%, date: Jul 19, 2022)
The Board of Directors of Southeastern Timber Products LLC, an STP-Tolko Partnership (STP) are pleased to announce a $150 million USD capital investment in the STP lumber mill in Ackerman, Mississippi. The partnership is a joint venture between Tolko Industries (U.S.) Ltd. and STP Holdings, LLC. This investment is the next step in an expansion project that will upgrade the mill from 120MMFBM to 250MMFBM annual capacity. The project will conclude in the first quarter of 2024.

Cenveo Announces Successful Management Buyout (relevance: 11.1%, date: Jul 19, 2022)
Cenveo Worldwide Limited announced the successful completion of a management buyout of the business led by Chief Executive Officer, Rob Burton, Jr., President, Mike Burton, Chief Financial Officer, Mark Hiltwein, and Chief Strategy Officer, Ayman Zameli. As a result of the transaction, Cenveo is now 100% owned by its management with the Burton family being the majority shareholder.

Disconnected Comparisons (relevance: 11.1%, date: Jul 5, 2022)
In this issue of Disconnected Comparisons, we evaluate Ennis, Inc and Kimberly-Clark.

RearView (relevance: 11.1%, date: Jul 5, 2022)
The PM40 closed 1 July 2022 down 6.5% from the 2 July 2021 level.