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Showing 34 articles from July 1, 2014.

Reference Library

Earnings Announcements
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Departments

So what is the state of the economy worldwide?
So what is the state of the economy worldwide?

This is always an important question to the pulp and paper industry, one of the first truly international industries. So what is the answer?  Turmoil. Turmoil such as I have never seen in my career.

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PM40

The PM40 closed Friday, 27 June 2014 at 3375.

30 Jun 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 27 June 2014 up 32% from the 28 June 2013 level.

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Disconnected Comparisons

In this issue we evaluate Deltic Timber Corp and Hadera Paper Ltd.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

ANDRITZ Starts up Tissue Machine for Hebei Yihoucheng, China

The first of its kind in China

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ANDRITZ to Deliver Wood Processing Line for Stora Enso

The mill will be forest-debarked plantation wood

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E.S. Fox Ltd. Awarded $2 Million Contract

Employment for over 70 in Saint John and St. Antoine N.B.

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Metso's Technologies for Belarus's First Bleached Kraft Pulp Mill

The new 400,000 ton-per-year mill will be the first bleached kraft pulp mill in the country

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Nicol-Pack Imperial Modernizes its Board Machine

Metso's leading quality control technology in Murom, Russia

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Valmet to Supply New Sizing Technology in Germany

The target of the project is to improve the strength properties

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Valmet to Supply Pulp Mill Capacity Upgrade

The start-up of the renewed plant is planned for the summer 2015

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Culture & Marketing

Cascades Launches Respak

The alternative to polycoated packaging

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Iggesund’s Fossil-free Mill

Iggesund Mill was able to operate solely on bioenergy

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Rentec Expands Wood Chipping Capacity

New processing agreement would expand the volume of eucalyptus wood

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Sappi Ngodwana Mill’s Expansion Bodes Well for Future Growth

Successful upgrade to produce Specialised Cellulose marks an exciting phase of growth

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Market News of Note

Amcor Announces Change in Reporting Currency

The reporting currency will change from Australian dollars to US dollars

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Greif to Close Plant in Saudi Arabia

Equipment to be reallocated to other facilities

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Mitsubishi HiTec Paper Continues to Invest

New process will result in savings of about 1 million kilowatt hours per year

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Verso Achieves Early Compliance With NYSE

NYSE stated its decision was based on Verso's consistent positive performance

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Joint Venture

Resolute and Mercer International Launch a Joint Venture

Develop commercial applications for cellulose filaments

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Legal

Sonoco-Alcore Receives Favorable Ruling

Sonoco is one of the largest diversified global packaging companies

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Major Expenditures

Pankaboard Invest in New Headboard and Sheeter

To enhance product quality and customer service

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Södra Invests to Increase Pulp Production

Investment strengthens market position and competitiveness for market pulp

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Tetra Pak® Completes a €60 Million Upgrade

Capacity will double by ​​​January 2015 to meet demand for export and innovation

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Mergers & Acquisitions

Georgia-Pacific Reaches Agreement To Acquire SPG

Closing of the acquisition is anticipated later this year

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Sappi Confirms Disposal of Nijmegen Mill

The new name of the Sappi Nijmegen Mill is Innovio Papers

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Stora Enso Acquires US-based Biotechnology Company

The acquisition becomes a significant player in biochemicals and biomaterials

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Van Genechten Group Acquires Ost-Print in Russia

This new acquisition expands the Belgian Group’s presence in Russia

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Major Announcements

FPInnovations and West Fraser Welcome NRCan Investment

Hinton pulp mill will be the first in Canada to extract the lignin from its black liquor recovery stream

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World Perspectives

Tanzania, Kenya and Uganda Unite Efforts to Combat Illegal Timber Trade

High-level government representatives work to curb illegal timber trading

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Final Word

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

One year later...

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Environmental

Valmet's SealFlo Cuts Water Use

Reduces water consumption by as much as 50%

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