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Canfor invests $130 million to modernize Urbana facility in Arkansas (relevance: 11.1%, date: May 3, 2022)
Canfor Corporation will invest approximately $130 million to significantly upgrade and expand its sawmill and planer facility located in Urbana in Union County, Arkansas. The investment will capitalize on the abundant supply of high-quality fiber to enhance the manufacturing of high-value products, increase annual production at the facility by 115 million board feet, and result in a meaningful reduction in the facility's cost structure.

Stora Enso divests its sawmills and forest operations in Russia (relevance: 11.1%, date: May 3, 2022)
Stora Enso has entered into an agreement to divest its two sawmills in Russia. The Company's Nebolchi and Impilahti sawmills will be divested to local management. In addition, the divestment includes Stora Enso's Russian forest operation which through its harvesting supplies wood to the sawmills.

UFP Industries announces the planned retirement of President and COO Pat Webster (relevance: 11.1%, date: May 3, 2022)
UFP Industries, Inc. announced that President and COO Pat Webster will retire at the end of 2022 after a remarkable career spanning nearly four decades at the company. Over the next several months, Pat's duties will be transferred to existing or new members of the leadership team as part of the company's 2020 reorganization plan.

Disconnected Comparisons (relevance: 11.1%, date: May 3, 2022)
In this issue of Disconnected Comparisons, we evaluate Amcor and Louisiana Pacific.

RearView (relevance: 11.1%, date: May 3, 2022)
The PM40 closed 29 April 2022 up 3.3% from the 30 April 2021 level.

PM40 (relevance: 11.1%, date: May 3, 2022)
The PM40 closed Friday, 29 April 2022, at 4473.

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: May 3, 2022)
In an article from Kenora Online, it stated that Ontario, Canada will use leftover wood from mills for energy and new products.

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

RearView (relevance: 11.1%, date: Apr 19, 2022)
The PM40 closed 14 April 2022 down 0.4% from the 16 April 2021 level.

PM40 (relevance: 11.1%, date: Apr 19, 2022)
The PM40 closed Thursday, 14 April 2022, at 4371.

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

Valmet to supply a fiberline modernization to CENIBRA's pulp mill in Brazil (relevance: 11.1%, date: Apr 19, 2022)
Valmet has been selected as supplier for the modernization of the fiberline no. 1 plant to CENIBRA's pulp mill in Belo Oriente in Brazil. The fiberline will be prepared for a capacity increase of 100,000 tonnes of pulp per year. The start-up is scheduled for September 2023.

Caverion implements process electrification at Metsa Fibre's bioproduct mill in Finland (relevance: 11.1%, date: Apr 19, 2022)
Caverion will implement process electrification at the Metsä Fibre bioproduct mill in Kemi, Finland. Metsä Fibre is part of the Metsä Group.

Greif, Inc. Completes the Sale of Joint Venture to Gulf Refined Packaging (relevance: 11.1%, date: Apr 19, 2022)
Greif, Inc., a global leader and industrial packaging solutions provider, announced today that it has completed its previously announced divestiture of the Flexible Packaging joint venture, or "FPS" for a total cash consideration of $123 million, subject to certain conditions and post-closing adjustments, to Gulf Refined Packaging.

Sappi North America Awards 2022 Ideas that Matter Grants (relevance: 11.1%, date: Apr 19, 2022)
Sappi North America announced the world-class designers selected to receive 2022 Ideas that Matter grants for their support of social causes ranging from child literacy, immigration and maternity care to rainforest preservation, anti-poverty programs and resources for women of color.

Ahlstrom-Munksjö successfully completes its investment in a new glass microfiber media line in Turin (relevance: 11.1%, date: Apr 19, 2022)
Initially announced in January 2020, Ahlstrom-Munksjö has completed its investment and started production for additional capacity in both filtration and energy storage materials at its plant in Turin, Italy. By successfully expanding manufacturing facilities, Ahlstrom-Munksjö is making a strong commitment to customers in both the High-Performance Filtration and Energy Storage markets.

Klabin conducts maintenance shutdown at Monte Alegre mill in Telêmaco Borba, Brazil (relevance: 11.1%, date: Apr 19, 2022)
It is during the shutdown that the company carries out all the maintenance necessary to ensure the unit's operational reliability, in line with Brazilian regulations.

Glatfelter's Sustainable Packaging Solution Wins IDEA® 22 Sustainability Advancement Award (relevance: 11.1%, date: Apr 19, 2022)
Glatfelter Corporation, a leading global supplier of engineered materials, is proud to announce they are the recipient of the first IDEA® 22 Sustainability Advancement Award, in partnership with Blue Ocean Closure (BOC) and ALPLA, for their innovative, sustainable, fiber-based screw caps. This prestigious award was created to recognize companies that demonstrate excellence in innovation, sustainable product offerings, and outstanding contributions to the nonwovens market.

EEOC Sues International Paper for Disability Discrimination (relevance: 11.1%, date: Apr 19, 2022)
Memphis-based International Paper, Co., one of the world's largest producers of fiber-based products such as packaging materials and fiber pulp, violated federal law by discriminating against an applicant based on his disability, ADHD (attention-deficit/hyperactivity disorder), the federal agency announced.

Cascades Changes 2022 Annual General and Special Meeting of Shareholders to a Virtual-Only Format (relevance: 11.1%, date: Apr 19, 2022)
Cascades Inc. announced that, due to the ongoing public health impact of the coronavirus (COVID-19) pandemic, and to mitigate the health and safety risks to the Company's shareholders, the location of the Company's 2022 Annual General and Special Meeting of Shareholders (including any adjournments or postponements, the "Meeting") has been changed to a virtual-only meeting format.

Domtar Ashdown Mill A62 Paper Machine Resumes Full Operation (relevance: 11.1%, date: Apr 19, 2022)
The A62 paper machine at our Ashdown Mill is once again fully operational thanks to excellent planning and foresight by our commercial paper team, along with outstanding dedication and agility from our manufacturing production team.

Lindsay Goldberg Enters into Agreement to Sell Pixelle Specialty Solutions LLC to H.I.G. Capital (relevance: 11.1%, date: Apr 19, 2022)
Pixelle Specialty Solutions Holding LLC, a leading provider of fiber-based specialty solutions in North America and portfolio company of Lindsay Goldberg, announced that it has signed a definitive agreement to be acquired by an affiliate of H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $48 billion of equity capital under management. Terms of the transaction were not disclosed.

Enviva Announces $250 million Investment (relevance: 11.1%, date: Apr 19, 2022)
Enviva Inc., the world's leading producer of sustainable wood bioenergy, announced it will invest approximately $250 million in Bond, Mississippi to build a new wood pellet production plant. The facility is a key component of the company's growth strategy to double production capacity from the current 6.2 million metric tons annually to approximately 13 million metric tons annually over the next five years.

West Fraser Timber Permanently Reducing Capacity at Pulp Mill in Hinton, Alberta (relevance: 11.1%, date: Apr 19, 2022)
West Fraser Timber Co. Ltd. announced that it will permanently reduce capacity at its pulp mill in Hinton, Alberta ("Hinton Pulp") by the end of this year. One of Hinton Pulp's two production lines will shut, and the remaining line will produce Unbleached Kraft Pulp ("UKP") rather than Northern Bleached Softwood Kraft Pulp ("NBSK").

Conciliator interrupts the conciliation between UPM Communication Papers and Paperworkers' Union, conciliation continues in other UPM businesses (relevance: 11.1%, date: Apr 19, 2022)
The conciliator has announced that the conciliation between UPM Communication Papers and Paperworkers' Union has been interrupted, as the parties' views are still far apart. At the same time, the conciliator announced that the conciliation in UPM Specialty Papers, UPM Raflatac and UPM Biofuels continues. For UPM Pulp the conciliator has already submitted a settlement proposal.

Huhtamaki's President and CEO Charles Héaulmé to resume his duties on April 19, 2022 (relevance: 11.1%, date: Apr 19, 2022)
Huhtamäki Oyj's President and CEO Charles Héaulmé will resume his duties on April 19, 2022. On December 21, 2021, Huhtamaki announced that he was diagnosed with cancer and had to take a leave of absence.