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The Final Word by Helen Roush (relevance: 100%, date: Jan 5, 2021)
Closures, cutbacks and capital projects

Capital Projects (relevance: 71.5%)
Capital Projects

Slogging Ahead? (relevance: 59.1%, date: Jan 4, 2022)
For many, the last couple of years have seemed like a never-ending march in some not so pleasant conditions. However, I do think it will make us all stronger, like most tough situations do. Remarkably, here at Paperitalo Publications, these have been excellent years for us. We don't know what next year holds, but for me at least, it would stifle the fun of it if we did. For a moment, however, let's see what 2021 did to us as an industry.

British Columbia invests $8.6 million through BC Manufacturing Jobs Fund into wood-product projects (relevance: 47.5%, date: Feb 6, 2024)
Government of British Columbia is injecting up to $8.6 million through the BC Manufacturing Jobs Fund (BCMJF) into eight capital projects. These projects aim to create and safeguard hundreds of jobs in the wood-product and fabricated-metal manufacturing sectors, fostering economic growth in local communities.

Market News of Note (relevance: 47.3%)
Market News of Note

The Pulp and Paper Industry does not slow down (relevance: 41.9%, date: Oct 5, 2020)
In my many decades in the industry, I can seldom remember times when our industry was as active and moving forward as it is now, Covid or no Covid. Perhaps the explosion in tissue growth in the 1970's was comparable, but I even doubt that. A rival could be when China burst upon the modern scene in the 1990's perhaps, but on a worldwide basis, now is about the busiest time I can remember. What's driving this? Several key factors are at work.

Valmet to support SCA Obbola with further fiber line improvements (relevance: 41.3%, date: Jun 6, 2023)
Valmet will deliver two fiber line improvement projects to SCA Obbola mill in Sweden. The projects support SCA's earlier investments. The first installations will take place during the mill's spring shutdown in May 2023.

Stora Enso's actions for nature and climate in forests and wood supply in 2023 (relevance: 38.5%, date: Jan 16, 2024)
Stora Enso continued wetland restoration in Finland and started new projects in Sweden. In Finland, Stora Enso aims to restore 1,000 hectares of peatland together with Tornator by 2027, and this work continued in 2023.

UPM has applied for the listing of its fourth Green Bond to Euronext Dublin (relevance: 38.1%, date: Sep 3, 2024)
The bond matures in August 2034 and pays a fixed annual coupon of 3.375% and is rated BBB+ by S&P Global Ratings.

RYAM Raises €67 million Green Capital to Invest in its Biomaterials Strategy (relevance: 34.7%, date: Nov 19, 2024)
Rayonier Advanced Materials Inc., the global leader in High Purity Cellulose, announced it has raised a €67 million in green capital.

What in the world is going on? (relevance: 34.4%, date: Jun 6, 2023)
While there are reports of downtime and diminished warehouse stocks, this past month has recorded the most Capital Spending, by project size and number of projects, than Paperitalo Publications has recorded in its history. Financing costs are high, and demand is down in some key grades. These short-term issues usually drive capital decisions. At least they have for the last fifty plus years. Speculation on the reasons for this anomaly...

Wrapping up an interesting year (relevance: 34%, date: Dec 2, 2025)
The industry has a more or less interesting year every year. This one has fit into the more interesting category.

Veritiv Corp. (VRTV) (relevance: 34%)
Veritiv Corp. (VRTV)

Western Forest Products invests $29 million in its sawmills in British Columbia (relevance: 33.4%, date: Jul 19, 2022)
Western Forest Products Inc. announced capital investments totaling approximately $29 million towards its British Columbia (B.C.) operations in Canada. These capital investments represent an increase of $13 million over and above the $16 million of capital investments discussed in the Company's 1Q 2022 Management's Discussion and Analysis.

Stora Enso publishes Green and Sustainability-Linked Financing Report 2023 (relevance: 33.1%, date: Apr 16, 2024)
Stora Enso has published its Green and Sustainability-Linked Financing Report for 2023. It details how the proceeds of the green bonds are allocated and outlines the environmental benefits achieved through these bonds.

Historic Green Bay, Wisconsin Day Street Mill listed for sale by Georgia-Pacific (relevance: 32.3%, date: Jan 21, 2025)
The Day Street Mill operated for 122 years before being shutdown in 2023. Now, Georgia-Pacific is deciding what to do next with the supercentenarian property.

Metsä Tissue to Build Automated Warehouse at Mariestad Mill in Sweden (relevance: 31.6%, date: Mar 7, 2023)
The construction work on the new warehouse is expected to start at the end of 2023, to be put into operation in the summer of 2025.

West Fraser Timber Co. Ltd. completed the acquisition of Spray Lake Sawmills Ltd (relevance: 31.6%, date: Nov 21, 2023)
West Fraser Timber Co. Ltd. completed the acquisition of Spray Lake Sawmills (1980) Ltd from family on November 17, 2023. As of November 17, 2023, Canadian regulatory reviews were completed.

Mondi invests Euro 280 million in corrugated packaging operations in Europe (relevance: 30.8%, date: Apr 5, 2022)
Mondi is investing Euro 280 million in Corrugated Packaging operations across four countries. This includes around Euro 185 million across its central and eastern European Corrugated Solutions plant network and Euro 95 million at Mondi Świecie's containerboard mill in Poland. These investments together represent an important part of Mondi's announced Euro 1 billion in expansionary capital investment projects this year to accelerate growth in sustainable packaging.

Ontario invests $1.5 million in 15 forest biomass projects (relevance: 30.7%, date: Dec 19, 2023)
The Government of Ontario, Canada, is creating new opportunities in the forest sector and strengthening regional economies with an initial $1.5 million in funding for projects under the new Forest Biomass Program. These investments will develop the untapped economic potential and environmental benefit of new and emerging uses of underutilized wood and mill by-products, collectively known as forest biomass.

RearView (relevance: 30%, date: May 21, 2024)
The PM40 closed 17 May 2024 up 18.6% from the 19 May 2023 level.

RearView (relevance: 30%, date: May 7, 2024)
The PM40 closed 3 May 2024 up 13.5% from the 5 May 2023 level.

Arctic Paper names Katarzyna Wojtkowiak new CFO (relevance: 30%, date: May 16, 2023)
Arctic Paper S.A. announces that the group's CFO Göran Eklund will retire at the end of June 2023 and will be replaced, with effect as of May 29, by Katarzyna Wojtkowiak, who is currently Chief Accountant.

PotlatchDeltic reports fourth quarter revenues of $254.5 million (relevance: 29.9%, date: Feb 4, 2025)
PotlatchDeltic Corporation reported net income of $5.2 million, or $0.07 per diluted share, on revenues of $258.1 million for the quarter ended December 31, 2024.

WestRock to Close Paper Mill in North Charleston, South Carolina (relevance: 29.8%, date: May 16, 2023)
WestRock Company announced it will permanently cease operating its paper mill in North Charleston, South Carolina, on August 31, 2023.