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Stora Enso and Valmet collaborate to develop next-generation lignin (relevance: 22.2%, date: Feb 21, 2023)
Stora Enso and Valmet have started collaborating on next-generation lignin product and process development to drive Stora Enso's lignin-based businesses and further improve the performance of the Valmet LignoBoost technology. The objective of the partnership is to further develop the quality and customer value of lignin, increase the supply by optimised process machinery and asset design, and to accelerate the speed of meeting the growing lignin demand of the future.

Appvion mill site to be razed (relevance: 22.2%, date: Feb 21, 2023)
Appvion closed the mill in early 2021.

Procter & Gamble Paper Products Expands In Utah (relevance: 22.2%, 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.

Train derailment at Georgia-Pacific Mill in Toledo, Ore. spills about 2,000 gallons of diesel (relevance: 22.2%, date: Feb 21, 2023)
A train derailment at the Georgia-Pacific Mill in Toledo, Ore. spilled about 2,000 gallons of diesel Friday, Feb. 10, and state officials said some of it entered a slough that feeds into the Yaquina River.

Disconnected Comparisons (relevance: 22.2%, date: Feb 7, 2023)
In this issue of Disconnected Comparisons, we evaluate 3M and Resolute Forest Products.

The Final Word by Helen Roush (relevance: 22.2%, date: Feb 7, 2023)
Closures and cutbacks

Valmet to deliver key technology and automation solutions for the expansion project of Stora Enso's Oulu mill in Finland (relevance: 22.2%, date: Feb 7, 2023)
Valmet will deliver bleached chemi-thermo mechanical pulp (BCTMP), evaporation and non-condensable gas (NCG) technology as well as an extensive automation solutions package for Stora Enso's Oulu mill in Finland. The delivery is part of Stora Enso's approximately EUR 1 billion investment to convert the remaining idle paper machine at their Oulu site into a high-volume consumer board production line.

Stora Enso Commissions Voith to Convert A Former Paper Machine into Europe's Largest Board Machine At its Oulu Site in Finland (relevance: 22.2%, date: Feb 7, 2023)
Start-up is scheduled for early 2025.

Graphic Packaging moves Bristol, UK, packaging operations to state-of-the-art site in long-term commitment to beverage packaging excellence (relevance: 22.2%, date: Feb 7, 2023)
Fibre-based consumer packaging leader Graphic Packaging International ('Graphic Packaging') has announced it is moving its Bristol, UK beverage packaging manufacturing operations to a new, state-of-the-art facility nearby, creating up to 30 new jobs in the process.

Canfor Intercon Mill rocked by Dec. 13 incident that damaged dissolving tanks (relevance: 22.2%, date: Feb 7, 2023)
Nobody was injured but the mill was shut down as a result.

$50M in upgrades announced at Paper Excellence Vancouver Island mill, 100-plus employees to be brought back (relevance: 22.2%, date: Feb 7, 2023)
The $50 million in upgrades include restarting the mill's C2 paper machine, which will now produce new water-resistant paper grades that are intended to replace single-use plastic products.

Stora Enso signs an agreement to divest its Hylte paper site and will discontinue the Anjala site divestment process (relevance: 22.2%, date: Feb 7, 2023)
Stora Enso has signed an agreement to divest its paper production site in Hylte, Sweden and all its related assets to Sweden Timber, a Sweden-based sawmill and planing mill company. The enterprise value is approximately EUR 18 million. The completion of the transaction is expected in the first half of 2023. Concerning the Anjala paper site in Finland, Stora Enso has decided to discontinue the divestment process.

Michigan legislature approves $200 million for Billerud paper mill (relevance: 22.2%, date: Feb 7, 2023)
The roughly $200 million in state tax dollars earmarked for the Escanaba Mill will supplement a $1.06 billion investment by Swedish parent company Billerud to expand paper product production at the mill. The project would help the mill retain nearly 1,200 jobs at the 2,000-acre site in Wells and Escanaba townships in Delta County.

Port Hawkesbury Paper sister company pitches Guysborough County wind farm (relevance: 22.2%, date: Feb 7, 2023)
Port Hawkesbury Paper Wind has submitted a proposal to the province to construct a 29-turbine wind farm.

UFP Industrial Changes Name to UFP Packaging (relevance: 22.2%, date: Feb 7, 2023)
To better reflect its business focus and opportunity, UFP Industrial, LLC, a leading supplier of total packaging solutions, packaging logistics support and OEM components, and a subsidiary of UFP Industries, Inc. (Nasdaq: UFPI), is changing its name to UFP Packaging, LLC. The change is effective February 1, 2023.

Capital projects of note in 2023 (relevance: 22.2%, date: Jan 17, 2023)
We are updating this list as these happen in the pulp, paper and forest products industry

Closures and cutbacks in 2023 (relevance: 22.2%, date: Jan 17, 2023)
We are updating this list as these happen in the pulp, paper and forest products industry

Disconnected Comparisons (relevance: 22.2%, date: Jan 17, 2023)
In this issue of Disconnected Comparisons, we evaluate International Paper and Nine Dragons.

Paper Excellence commits to takeover of Resolute despite lumber slump (relevance: 22.2%, date: Jan 17, 2023)
Paper Excellence Group, a private company controlled by an Indonesian billionaire, is poised to expand in Canada's forestry industry by diversifying into the lumber sector with its contentious takeover of Resolute Forest Products Inc.

Progroup starts operations at PW14, new corrugated sheetfeeder plant in Strykow, Poland (relevance: 22.2%, date: Jan 17, 2023)
Progroup has invested around Euro 72 million in the project at the site, which covers around 28,000 square metres, and created 50 new jobs.

Canfor Pulp Announces Permanent Closure of Pulp Line at Prince George Pulp and Paper Mill (relevance: 22.2%, date: Jan 17, 2023)
The pulp line is expected to close by the end of the first quarter of 2023 and is anticipated to impact approximately 300 positions across the organization by the end of the year.

Disconnected Comparisons (relevance: 22.2%, date: Jan 3, 2023)
The PM40 closed 30 December 2022 up 8.3% from the 31 December 2021 level. Over the same period, the Invesco Equal-Weight S&P 500 Index was down 13.2%.

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Clearwater Paper revises outlook amid higher maintenance costs (relevance: 22.2%, date: Jan 3, 2023)
Due to higher-than-expected major maintenance related costs at the company's Lewiston, Idaho mill, and other operational issues, the company now expects adjusted EBITDA for the fourth quarter of 2022 to be in the range of $28M-$34M and full year 2022 adjusted EBITDA of $227M-$233M.

Michigan sues Domtar over alleged 'forever chemical' contamination (relevance: 22.2%, date: Jan 3, 2023)
Domtar operated a disposal site for the waste from production from 1998 to 2020, when the Port Huron plant closed.

Fire shuts down Tolko's Armstrong mill (relevance: 22.2%, date: Jan 3, 2023)
An electrical fire knocked the power out to the Tolko Industries sawmill in Armstrong after the site's electricity substation went up in flames early Dec. 28.