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Disconnected Comparisons (relevance: 11.1%, date: Mar 15, 2022)
In this issue of Disconnected Comparisons, we evaluate Rayonier and Weyerhaeuser.

RearView (relevance: 11.1%, date: Mar 15, 2022)
The PM40 closed 11 March 2022 up 10.9% from the 12 March 2021 level.

PM40 (relevance: 11.1%, date: Mar 15, 2022)
The PM40 closed Friday, 11 March 2022, at 4220.

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

Kemira discontinues deliveries to Russia (relevance: 11.1%, date: Mar 15, 2022)
Kemira has decided to discontinue deliveries to Russia and Belarus starting March 1, 2022 until further notice due to the ongoing situation in the region.

Valmet continues to strengthen its stable business by acquiring North American-based Coldwater (relevance: 11.1%, date: Mar 15, 2022)
Valmet has on March 1, 2022 acquired North American-based Coldwater Seals, Inc., a global provider of consumables and services to the pulp and paper industry. Coldwater operates manufacturing facilities in the United States and Sweden. The value of the acquisition will not be disclosed.

Essity publishes Annual and Sustainability Report 2021 (relevance: 11.1%, date: Mar 15, 2022)
Sales growth was strong during the year and net sales amounted to approximately SEK 122bn.

Glatfelter Products Nominated for IDEA®22 Award (relevance: 11.1%, date: Mar 15, 2022)
Glatfelter Corporation, a leading global supplier of engineered materials, has been nominated as a finalist for two IDEA®22 awards - the IDEA® Nonwoven Product Achievement Award for its Sontara® Silk facial sheet masks and the IDEA® Sustainability Advancement Award for its partnership with Blue Ocean Closure (BOC) and ALPLA for sustainable, fiber-based screw caps.

International Paper Named 2022 Best Company for Women to Work (relevance: 11.1%, date: Mar 15, 2022)
International Paper was recognized as a 2022 Best Companies to Work in three categories: Women, Diversity and Millennials. This award represents the fifth consecutive year the company, a leading global supplier of renewable fiber-based products, has been recognized by the Women's Choice Award®.

SCA publishes 2021 annual and sustainability report (relevance: 11.1%, date: Mar 15, 2022)
SCA has published its annual and sustainability report for 2021. In the report, SCA describes the company's work to contribute to a fossil-free society. SCA's climate benefit in 2021 amounted to 10.5 million tonnes of carbon dioxide based on the forest's net carbon sequestration, substitution effect and reduced fossil emissions.

Sun Chemical Announces New Solventless Lamination Solution for Sustainable Packaging Production with HP Indigo Digital Printing (relevance: 11.1%, date: Mar 15, 2022)
Sun Chemical has collaborated with HP to launch sustainable flexible packaging produced with HP's Indigo digital press and Sun Chemical's new solventless lamination solution SunLam.

Sonoco-Alcore to Increase Paperboard Prices in the EMEA Region (relevance: 11.1%, date: Mar 15, 2022)
Sonoco-Alcore S.a.r.l. announces that due to the continued escalation in the cost of European energy, it will raise prices by €100 (£85) / tonne on all recycled paperboard grades sold in the Company's EMEA regions effective for all shipments made on or after the 14th March 2022.

Chatham Asset Management Completes Acquisition of RRD (relevance: 11.1%, date: Mar 15, 2022)
Chatham Asset Management, LLC, a leading private investment firm, and R.R. Donnelley & Sons Company announced that they have completed a transaction in which affiliates of Chatham have acquired RRD for $10.85 per share in cash. The acquisition was previously announced on December 14, 2021, and RRD stockholders approved the transaction at the Special Meeting of Stockholders held on February 23, 2022.

Millar Western completes sale of wood products assets to Canfor (relevance: 11.1%, date: Mar 15, 2022)
Millar Western Forest Products Ltd. has completed the sale of its wood products assets to Canfor Corporation. The transaction included lumber and specialty lumber mills in Whitecourt, Fox Creek and Acheson, Alberta, Canada, and associated woodlands operations and timber holdings.

International Paper Joins the U.S. Department of Energy's Better Climate Challenge (relevance: 11.1%, date: Mar 15, 2022)
As a partner in DOE's Better Climate Challenge, International Paper is one of more than 80 organizations across the U.S. economy that are stepping up to the Challenge and driving real-world action toward a low-carbon future.

BillerudKorsnäs and Viken Skog to explore possibilities for joint production of pulp (relevance: 11.1%, date: Mar 15, 2022)
BillerudKorsnäs and Viken Skog plan to initiate a feasibility study about future pulp production at Follum. This will be completed during the first half of 2023.

Sylvamo to Suspend Russian Operations (relevance: 11.1%, date: Mar 15, 2022)
Sylvamo is beginning an orderly suspension of operations in Russia. The suspension will focus on employee and contractor safety and environmental stewardship. It will be conducted in a manner to allow a resumption of full operations in an environment consistent with the company's values.

Södra is building a new cold store for 40 million forest plants (relevance: 11.1%, date: Mar 15, 2022)
To ensure the supply of high-quality forest seedlings now and in the future, Södra has decided to build a cold store that holds 40 million forest seedlings. The warehouse will be built near Falkenberg and will be ready in the summer of 2023.

Metsä Group to end lumber production in Kyrö (relevance: 11.1%, date: Mar 15, 2022)
Metsä Fibre, part of Metsä Group, starts negotiations on its plans to discontinue the lumber production in Kyrö, Finland in the summer of 2022. The production stop will affect all the sawmill's 73 employees.

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.