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Cascades says Bear Island startup on track for March (relevance: 11.1%, date: Mar 7, 2023)
The facility, which is in Ashland, Virginia, will produce lightweight, 100-percent-recycled linerboard and medium and initially was projected to cost around $380 million. The company now reports the total cost of the project at around $515 million to $525 million, with $396 million invested in the project to date (2018-2022).

Mercer International Inc. Announces Resignation of Its CFO, David Ure, and Promotion of Richard Short to CFO (relevance: 11.1%, date: Mar 7, 2023)
Mercer has promoted its Vice President, Controller, Richard Short to succeed Mr. Ure as Chief Financial Officer and Secretary.

Chile's Arauco warns of $50 million hit from wildfires (relevance: 11.1%, date: Mar 7, 2023)
Some 47,000 hectares of plantations, mainly pine forests it uses to manufacture its wood products, could potentially be affected, the firm said in a letter to the local regulator.

No path to restarting Taylor mill, Canfor says (relevance: 11.1%, date: Mar 7, 2023)
The mill, which produced bleached chemi-thermo mechanical pulp, has been through a wave of curtailments since December 2021, first in response to shipping interruptions brought on by severe flooding in the Lower Mainland.

Kruger: Fibre supply needed to keep Kamloops pulp mill going (relevance: 11.1%, date: Mar 7, 2023)
If more fibre can't be sourced, there could in the future be a short-term curtailment of operations at Kamloops' 10th largest employer.

RearView (relevance: 11.1%, date: Feb 21, 2023)
The PM40 closed 17 February 2023 up 16.4% from the 18 February 2022 level.

ANDRITZ to leverage KCF Technologies machine health monitoring solutions to improve customer plant safety (relevance: 11.1%, date: Feb 21, 2023)
International technology group ANDRITZ and KCF Technologies, a leading provider of machine health solutions, announced their global collaboration.

Solenis acquires Peru-based Grand Invest Group (relevance: 11.1%, date: Feb 21, 2023)
Solenis has completed the acquisition of the stock of the Grand Invest Group on February 6, 2023. As part of the acquisition, Solenis will acquire all Grand Invest Group operating assets, including key strategic production and warehousing facilities.

Matthew J. Missad named Chairman of the Board for UFP Industries (relevance: 11.1%, date: Feb 21, 2023)
UFP Industries, Inc. announced that CEO Matthew J. Missad also has been named chairman of the board. The move, approved by the board of directors at their February 2, 2023, meeting and effective immediately, is part of a comprehensive succession plan that calls for both change and continuity: Board Chairman William G. Currie will remain as a director through the end of his term. He then will step down after 54 years with the company. Missad will remain with the Company at least through 2027, as other elements of the succession plan are put in place.

Iconex Acquires Point-Of-Sale Rolls Division From Graphic Controls (relevance: 11.1%, date: Feb 21, 2023)
Iconex, the world's leading provider of highly differentiated label solutions and low-cost paper receipts, announced the acquisition of Graphic Controls Transactional Media's Point-of-Sale Rolls division. Graphic Controls, based in Buffalo, N.Y., is a subsidiary of Nissha Co. Ltd.

Greif Announces Rebrand of Product Circularity Program (relevance: 11.1%, date: Feb 21, 2023)
Greif is pleased to announce the rebrand of its product circularity program, now known as Life Cycle Services by Greif. Backed by one of the most comprehensive sustainability programs in industrial packaging, Greif has a proven history of helping customers meet and exceed their sustainability goals.

Cruz Foam's new packaging products to become available through Atlantic Packaging partnership (relevance: 11.1%, date: Feb 21, 2023)
Cruz Foam, a circular materials company, announced the launch of a revolutionary new family of earth-friendly protective packaging products highlighting highly performant solutions to meet specific customer needs for shipping fragile and temperature-sensitive goods for consumers and businesses. Cruz Foam's patented compostable foam outperforms equivalent plastic-based products and exceeds current industry standards for sustainability.

Stora Enso publishes its 2022 Annual Report (relevance: 11.1%, date: Feb 21, 2023)
Stora Enso also reports against the SASB's Sustainability Accounting Standards for Forest Management and Containers & Packaging.

Sylvamo Enters Into Cooperation Agreement, Appoints Two New Independent Directors (relevance: 11.1%, date: Feb 21, 2023)
Effective March 1, Sylvamo will add Karl Meyers and Mark Wilde, expanding the company's board to 11 directors.

Twin Rivers Paper Recognized as Recycling Champion (relevance: 11.1%, date: Feb 21, 2023)
The Oneida-Herkimer Solid Waste Authority (OHSWA) recently honored the Little Falls, NY, operations of Twin Rivers Paper with their annual Recycling Champion Award for 2022. OHSWA recognizes one certified RecycleOne Business each year that has taken the initiative to reduce its solid waste stream through reduction, recycling and proper disposal.

Graphic Packaging eyes $1 billion investment; announces new mill in Waco, Texas (relevance: 11.1%, date: Feb 21, 2023)
The paperboard mill in Waco, Texas will follow the opening early last year of a similar plant in Kalamazoo, Mich., which was the first new coated-recycled paperboard line to be built in the U.S. in decades. Construction is expected to begin later this quarter and start-up is slated for late 2025.

Mill Rock Packaging Acquires Keystone Paper & Box Company (relevance: 11.1%, date: Feb 21, 2023)
Mill Rock Packaging Partners LLC ("Mill Rock Packaging") announced that it has acquired Keystone Paper & Box Company ("Keystone"), a leading specialty packaging company that manufactures custom folding cartons for consumer and healthcare end markets.

Procter & Gamble Paper Products Expands In Utah (relevance: 11.1%, date: Feb 21, 2023)
Procter & Gamble (P&G) will invest $400 million and bring at least 100 new jobs to rural Utah over the next 20 years.

James Kotek to Retire as Menasha President, CEO; Christopher Drees Appointed Successor (relevance: 11.1%, date: Feb 21, 2023)
Menasha Corporation announced that James M. Kotek will retire from his position as President and Chief Executive Officer in March. The Menasha Corporation Board of Directors has appointed Christopher D. Drees to succeed Kotek effective March 13, 2023. Drees will also join the Menasha Corporation Board on that date.

Ahlstrom Kaukauna mill won't be cited for worker's death (relevance: 11.1%, date: Feb 21, 2023)
One worker was killed Aug. 16, 2022 at the Ahlstrom paper mill, also known as the Thilmany mill.

Port Hawkesbury Paper agrees to harvest less (relevance: 11.1%, date: Feb 21, 2023)
The Province's agreements with Port Hawkesbury Paper have been updated to support sustainable ecological forestry practices and management of public lands.

RearView (relevance: 11.1%, date: Feb 7, 2023)
The PM40 closed 3 February 2023 up 24.4% from the 4 February 2022 level.

Counter Intuitive Management (relevance: 11.1%, date: Feb 7, 2023)
In the Wall Street Journal last Wednesday, there was a discussion on the decisions made by big oil. One had to read several stories to put it together, but the exercise was worthwhile and instructive. On the one hand, Chevron and Exxon have been following a strategy of staying the course and have been rewarded with eye-popping profits. On the other, BP has moved towards a mitigating climate change, ESG strategy and not performed so well. Just my luck, the one I owned in my little stock portfolio that my wife allows me to play with is BP. In the pulp and paper industry, senior management has the same sorts of decisions to make and I am not talking about climate change and ESG. What I mean is this--do you follow the crowd or do you chart your own path?

Valmet to rebuild cooking, fiberline and evaporation plant for Andhra Paper Limited in India (relevance: 11.1%, date: Feb 7, 2023)
Valmet has been selected to rebuild the cooking, fiberline and evaporation plant of Andhra Paper's Rajahmundry unit in India. The delivery is scheduled to take place in December 2023, and the start-up is planned for the first quarter 2024.

Valmet to rebuild Sappi's PM2 at Somerset mill in Maine (relevance: 11.1%, date: Feb 7, 2023)
Valmet will supply an extensive rebuild for Sappi's Somerset paper manufacturing facility in Skowhegan, Maine, USA. Previously, Valmet rebuilt the paper machine 1 (PM1) and with its success, Sappi has chosen Valmet again to rebuild the paper machine 2 (PM2).