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Showing 27 articles from March 18, 2014.

Reference Library

Earnings Announcements
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Departments

Paper is far from dead
Paper is far from dead

To paraphrase a famous quote from Mark Twain, the reports of paper’s death have been greatly exaggerated…

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PM40

The PM40 closed Friday, 14 March 2014 at 3332.

31 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 14 March 2014 up 31% from the 15 March 2013 level.

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Disconnected Comparisons

In this issue we evaluate UPM-Kymmene Corporation and Clearwater Paper Corp.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

Pöyry Awarded Services Assignment for Greenfield Pulp Mill

Raw material for the mill will be eucalyptus and pinus wood

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Valmet to Supply a Containerboard Line

The new production line is planned to produce high-quality containerboard grades

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Voith Service has Signed a Service Contract with Papelera del Principado S.A.

Voith offers worldwide flexible services for servicing and maintenance

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Voith to Supply Coating Unit for Europac Duen͂as Papel

Start-up of the rebuild is scheduled to be in May 2014

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Major Expenditures

J.D. Irving Launches $513 Million Investments

The largest investment in a pulp mill in Canada since 1993

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Norske Skog in Halden

The old pulp plant has been replaced by a modern facility

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Mergers & Acquisitions

Ainsworth And LP Annouce Amended Timing Agreements

Both Ainsworth and LP continue to work with the CCB and the DOJ

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Canfor Sells Quebec Mill

The Daaquam mill produced 120 million board feet of lumber in 2013

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Delion to Restart Vertaris Mill

Delion plans to produce premium deinked dryed market pulp

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Prinzhorn Takes over Plant from Fritz Peters

Peters plant’s efficiency and capacity to be enhanced

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RockTenn to Acquire Simpson Tacoma Paper Mill

RockTenn has committed to invest $60 million in the mill during the next three years

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Saica to Acquire Turkish Company OMK

Strong growth potential for the corrugated board market

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West Fraser Acquires Travis' Sawmill Operations

West Fraser plans to invest additional capital in the mill to expand annual production capacity

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Major Announcements

Bemis Closes Plant in Stow, Ohio

Plant closure to improve its market competitiveness

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Employee Takeover Fails

The parties did not come to an agreement on the transaction price

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Explosion at Fort Frances Mill

The blaze was contained mostly within boiler equipment

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Fortress Restarts Operation

After taking market downtime of 10 weeks operation begins

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World Perspectives

Has Australia got too much of its forests
Has Australia got too much of its forests "locked up?"

Recently, the Australian Prime Minister, Tony Abbott, threw a grenade into the national political debate by declaring that too many of Australia's forests are “locked up” and vowed to set up a new advisory council to support the timber industry.

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Final Word

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

Making the most of business meetings

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EDA

Economic Development Arguments for April 2014
Economic Development Arguments for April 2014
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Economic Development Arguments for March 2014
Economic Development Arguments for March 2014
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