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Showing 24 articles from March 4, 2014.

Reference Library

Earnings Announcements
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Departments

The stock market and what to do about it
The stock market and what to do about it

I am no stock prognosticator.  Yet, I can’t help but think we are in a general stock market bubble and, additionally, that the PM40 is in a bubble as well.  Other than packaging grades, I just don’t see anything on the horizon that justifies where we are.

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PM40

The PM40 closed Friday, 28 February 2014 at 3411.

17 Mar 14 Get the latest PM40 update by listening to the weekly Nips show by Pulp & Paper Radio International.

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RearView

The PM40 closed 28 February 2014 up 39% from the 1 March 2013 level.

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Disconnected Comparisons

In this issue, we evaluate Universal Forest Products and Cenveo.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

ANDRITZ Supplies Boiler to Indonesia

Oki pulp and paper to increase capacity by 50%

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Valmet to Supply Bleach Plant Rebuild

Caima Industria de Celulose S.A. in Portugal to receive rebuild

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Market News of Note

Newsprint Mill Gets Government Funding

Largest private employer in province wins

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RockTenn and AICC Announces an Agreement

Agreement whereby the company has increased its annual set-aside for the independent market

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Joint Venture

Stora Enso Strengthens Co-operation with IFC

IFC to invest RMB 356 million

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Labor & Union Actions

Ballot for Strike Action in UK

Union members in the corrugated packaging sector in the UK are voting

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Resolute Announces Renewal of U.S. Labor Agreements

Agreement covers four unionized U.S. pulp and paper mills

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Legal

EU Commission Sends Warning

Misleading market information was given

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Major Expenditures

KapStone Announces Installation Of New Press Section

$29 million investment at the company's North Charleston, SC paper mill

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Södra to Expand Värö Pulp Mill

Investment to increase the current production capacity

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Stora Enso Enhances Efficiency in Sawmills

Central European sawmills get a transformation

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UPM Invests Millions in Kymi Pulp Mill

To strengthen its position in the growing end use segments

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Mergers & Acquisitions

Graphic Packaging to Acquire Benson Group

Acquisition complements Graphic Packaging's existing Food and Beverage business in Europe

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Paper Excellence to Buy Chetwynd Pulp Mill

Shopping spree continues in Canada

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Major Announcements

Clearwater Paper to Close Long Island Facility

Consolidating manufacturing at the company's other lower-cost tissue facilities is a necessary step

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Ipel Starts Up New Paper Machine

Will add 26,400 tpy to the company's capacity

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Statesville Shatters Own World Record

Record shattering ways continues

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Final Word

The Final Word by Helen Roush
The Final Word by Helen Roush

Telephone Etiquette

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