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Independent contractor killed at Mercer Peace River Pulp Mill (relevance: 11.1%, date: Jun 21, 2022)
Mercer International Incorporated said an independent contractor's employee working at the Peace River Pulp Mill was killed Saturday, June 11.

Boise Cascade Reaches Agreement to Acquire Coastal Plywood Operations (relevance: 11.1%, date: Jun 21, 2022)
Boise Cascade Company announced that it has reached an agreement to acquire Coastal Plywood Company, including its two manufacturing locations, from Coastal Forest Resources Company for $512 million, subject to certain closing adjustments. The Company currently plans to fund the transaction and closing-related expenses from its existing cash balances.

Norske Skog JV Ready to Start Construction of Biomass Boiler at French Mill (relevance: 11.1%, date: Jun 21, 2022)
Norske Skog ASA said that its Green Valley Energie joint venture is ready to begin construction of a biomass boiler at the mill site in Golbey, France, following completion of debt financing.

Cascades launches an innovative isothermal packaging technology and inaugurates a new production site (relevance: 11.1%, date: Jun 21, 2022)
Cascades continues to roll out its expansion plan in the isothermal packaging market by enhancing its line of meal boxes with technology that's 20% more efficient than its current home delivery solution, and by commissioning a new production facility in York, Pennsylvania

Packaging Corporation of America Announces 25% Dividend Increase (relevance: 11.1%, date: Jun 7, 2022)
Packaging Corporation of America announced that it intends to increase the quarterly cash dividend on its common stock to an annual payout of $5.00 per share from $4.00 per share, a 25% increase.

Rayonier Announces 5.6% Dividend Increase (relevance: 11.1%, date: Jun 7, 2022)
Rayonier Inc. announced that its board of directors has approved a 5.6% increase in its quarterly cash dividend to $0.285 per common share from $0.27 per common share. The dividend is payable on June 30, 2022, to shareholders of record on June 16, 2022.

Weyerhaeuser Completes Acquisition of Timberlands in North and South Carolina (relevance: 11.1%, date: Jun 7, 2022)
Weyerhaeuser Company announced the completion of its acquisition of 80,800 acres of high-quality timberlands in North and South Carolina from a fund managed by Campbell Global for approximately $265 million. The transaction was announced in April 2022.

Sylvamo Announces Dividend, Share Repurchase Program (relevance: 11.1%, date: Jun 7, 2022)
The board also authorized a share repurchase program to acquire up to $150 million of the company's common stock.

Sun Chemical to Increase Prices on Inks, Coatings, Consumables, and Adhesives in EMEA (relevance: 11.1%, date: Jun 7, 2022)
Sun Chemical will increase prices across its entire portfolio of packaging, commercial sheetfed, and screen inks, coatings, consumables, and adhesives in Europe, Middle East, Africa, effective June 1st 2022 or as contracts allow.

Port Townsend mill fined $27,000 for water quality violations (relevance: 11.1%, date: Jun 7, 2022)
Repeated water quality violations at the Port Townsend Paper Corporation (PTPC) mill in Port Townsend led to a $27,000 penalty from the Washington Department of Ecology. Pollution above permitted levels can negatively impact the aquatic environment.

PotlatchDeltic Releases 2021 Environmental, Social, and Governance Report (relevance: 11.1%, date: Jun 7, 2022)
PotlatchDeltic Corporation released its 2021 Environmental, Social, and Governance (ESG) Report. The Report reflects PotlatchDeltic's commitment to environmental stewardship, the human experience, supporting its communities, and creating sustainable value.

APRIL wins at the Singapore Business Review National Business Awards in the Manufacturing category (relevance: 11.1%, date: Jun 7, 2022)
APRIL has been awarded for its initiatives in waste paper recycling under its "Paper Once More!" Circular Economy campaign.

Bakelite Synthetics Completes Acquisition of Georgia-Pacific Chemicals (relevance: 11.1%, date: Jun 7, 2022)
With this acquisition, and after over 100 years of development through legacy companies as a global phenolics leader, Bakelite Synthetics adds to its strong portfolio of products, brand and customers, as well as building on its growth strategy of delivering innovative solutions to customers in a sustainable manner.

Kimberly-Clark Named One of 3BL Media's 100 Best Corporate Citizens (relevance: 11.1%, date: Jun 7, 2022)
Kimberly-Clark announced that 3BL Media has named the company to its 2022 ranking of the 100 Best Corporate Citizens, which recognizes outstanding environmental, social, and governance (ESG) transparency and performance among the 1,000 largest U.S. public companies. This marks the 13th year that Kimberly-Clark was included in the ranking.

LP Building Solutions Awarded 2022 Best in Business Award by Nashville Business Journal (relevance: 11.1%, date: Jun 7, 2022)
LP Building Solutions (LP), a leading manufacturer of high-performance building products, has won Nashville Business Journal's 2022 Best in Business Award for the Public Company category.

Sun Chemical to Increase Prices on Inks, Coatings, Consumables and Adhesives in North America (relevance: 11.1%, date: Jun 7, 2022)
Sun Chemical will increase prices across its entire portfolio of packaging, commercial sheetfed and screen inks, coatings, consumables and adhesives in North America, effective immediately or as contracts allow.

Tetra Pak unites with start-ups, tech companies and academia to accelerate innovation for the future of food (relevance: 11.1%, date: Jun 7, 2022)
Ahead of the United Nations World Food Safety Day Tetra Pak announced its new set of research collaborations and programmes to further accelerate efforts to address challenges facing food systems worldwide.

NOREXECO Announces Its First North American Focused Webinar - "Understanding Financial Instruments For North American Buyers and Sellers of Pulp" (relevance: 11.1%, date: Jun 7, 2022)
On June 28th at 11:00 EASTERN TIME, NOREXECO, the world's only international regulated market for trading pulp and paper derivatives, will fully explain the current state and outlook of the pulp markets in North America. Companies have historically utilized these same financial instruments for mitigation of pricing risk for energy, currency exchange, and numerous commodities, and attendees will learn that leveraging the same strategies for pulp is no different, and NO PHYSICAL DELIVERY IS REQUIRED.

Disconnected Comparisons (relevance: 11.1%, date: Jun 7, 2022)
In this issue of Disconnected Comparisons, we evaluate Mercer International and International Paper.

RearView (relevance: 11.1%, date: Jun 7, 2022)
The PM40 closed 3 June 2022 up 2.9% from the 4 June 2021 level.

PM40 (relevance: 11.1%, date: Jun 7, 2022)
The PM40 closed Friday, 3 June 2022, at 4505.

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

Ready or not, it looks like petroleum is passé (relevance: 11.1%, date: Jun 7, 2022)
I am always telling the Paperitalo audience that energy has nothing to do with technology, it has everything to do with politics. This was confirmed a couple of weeks ago.

Change in Kemira Oyj's Management Board: President, Segment Pulp & Paper, Kim Poulsen is leaving Kemira (relevance: 11.1%, date: Jun 7, 2022)
President, Segment Pulp & Paper Kim Poulsen is leaving Kemira on Wednesday May 18, 2022. He has worked for Kemira and has been a member of Kemira's Management Board since 2015.

Valmet to start personnel negotiations on temporary layoffs at its valve factory in Finland (relevance: 11.1%, date: Jun 7, 2022)
The geopolitical situation caused by the crisis in Ukraine and the intensified COVID-19 restrictions in China have reduced the orders at Valmet's valve factory in Helsinki, Finland, during spring. The exceptional situation has particularly impacted the factory's oil and gas projects. The impact of the COVID-19 pandemic in China also continues to cause challenges related to component availability and logistics.

Andritz successfully starts up dissolving pulp production plant for Bracell in Brazil (relevance: 11.1%, date: Jun 7, 2022)
Andritz has successfully started up an environmentally friendly production plant for dissolving pulp at Bracell's "STAR" project in Lençóis Paulista, São Paulo, Brazil.