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Showing 30 articles from April 15, 2014.

Reference Library

Earnings Announcements
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Departments

History repeats itself – again
History repeats itself – again

Companies expand and companies contract; it’s not up to companies to take care of us, it’s up to us…

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PM40

The PM40 closed Friday, 11 April 2014 at 3214.

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 11 April 2014 up 27% from the 12 April 2013 level.

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Disconnected Comparisons

In this issue we evaluate Verso Paper Corp and Domtar Corp.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

ANDRITZ Receives Order from UPM Kymi Mill

Kymi mill’s annual pulp production capacity will increase by 170,000 tons

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Cartiera dell’Adda Assigns PMT Italia the Project

Cartiera dell’Adda PM1 plans for production increase

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E&I Engineering Secures Largest Contract

Irving Pulp & Paper modernization's project

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UPM has Chosen Voith Paper

Voith to supply production line at the UPM Changshu mill in China

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Valmet to Supply Tissue Production Line in Turkey

Valmet Advantage DCT 200TS line will play a crucial role in the company's rapid growth

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Voith Installs Pulping Drum

90% reduced fiber content in reject discharge

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Market News of Note

Chinese Duty on Pulp

MOFCOM has made a final determination in its anti-dumping investigation

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Montes del Plata Postpones Pulp Mill Start-up

The company is waiting for Uruguay's enviromental agency

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Stora Enso Shuts Down Paper Machine in Finland

Shut-down due to structural weakening of magazine paper demand in Europe

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Twin Rivers Paper Company Inc.

Twin Rivers to invest $2.5 million and create 50 jobs

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Corporate Finance

Fortress Paper Receives Deferral

The company received, without penalty, a deferral of approximately $4.3 million in principal repayment

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Legal

Terrace Bay Pulp Fined $275,000 for Fatal Explosion

The company pleaded guilty to failing to take reasonable precautions

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Verso and NewPage Receive Request for Additional Information

FERC Approval and Financing Accomplished

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Major Expenditures

J.D. Irving, LTD will Invest $16.8 Million in New Brunswick

New jobs and upgrades to the sawmill

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UPM Raflatac to Increase Production Capacity

The plan is to build a new coating line

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Mergers & Acquisitions

Arjowiggins to Sell US Coated Division

Arjowiggins plans to definitely exit the US market for coated graphic paper

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Bemis Completes Sale

Bemis reached an agreement to sell its Paper Packaging Division

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International Paper Acquires Remaining Shares of Orsa IP Embalagens

Remaining 25% of shares of Orsa International Paper Embalagens S.A. have been acquired

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Sistema Acquires Segezha Pulp and Paper Mill

SPPM is considered Russia's largest manufacturer of sack kraft paper and paper sacks

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UFPI has Purchased Certain Assets

The acquisition will expand Universal's capacity in the region

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West Fraser Continues to Grow

Acquisition increases growth in US and Canada

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Major Announcements

Cascades Announces the Closure of Its Swedish Subsidiary

Production at the mill will end on June 30, 2014

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World Perspectives

Paperless? NO, but less paper

As we all know, offices, and homes, are still far from paperless, but a “less-paper” revolution commenced about the turn of the century, at least for all kinds of printing paper, including newsprint. This seems likely to continue for the foreseeable future.

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Final Word

The Final Word by Jim Thompson
The Final Word by Jim Thompson

More help for you...

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