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Showing 24 articles from June 16, 2015.

Capital Projects

Earnings Announcements
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Departments

Leaders and pseudo-leaders
Leaders and pseudo-leaders

Pseudo-leaders don't want anyone above them to see what a dedicated, hard worker John is and how talented and knowledgeable Jane is, so they make life difficult for both John and Jane. Conversely, they are "great bosses" to everyone else, or at least everyone who is the opposite of John and Jane and who blissfully wallows in the stagnant pool of mediocrity and apathy. These types of leaders are among the worst a company can have.

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PM40

The PM40 closed Friday, 12 June 2015 at 3367.

15 Jun 15 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 12 June 2015 up 2% from the 13 June 2014 level.

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Disconnected Comparisons

In this issue we evaluate Rayonier Inc. and Domtar Corp.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Market News of Note

Norske Skog Discontinues Operations

Walsum mill in Duisburg to close

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Orient Paper Launches Commercial Production of Tissue Paper Products

Growing the business with tissue

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Renova to Build Tissue Products Mill in France

First production site outside of Portugal

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Joint Venture

Rayonier Advanced Materials Announces Lignin Partnership Plans with Borregaard ASA

Significant value for both companies

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Major Expenditures

Construction Begins at Arauco Pulp Mill

New wastewater treatment system provides more jobs

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Nippon Mill in Port Angeles Adding Paper-Pulper

To expand the range of products manufactured at its Ediz Hook mill

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Mergers & Acquisitions

Amcor Flexibles Completes Acquisiton of Chinese Packaging Co.

Amcor's footprint in China increases

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BASF to Sell Global Paper Hydrous Kaolin Business

190 positions will be affected globally

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Jemi Fibre Corp. Completes Acquisition

Aallcann Wood Suppliers Inc. bought for $1.62 million

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Kapstone Completes Acquisition Of Victory Packaging

Will enhance KapStone's growth, profitability, cash flows

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Menasha Corp. to Acquire Portable Packaging Systems

Will expand operations in Canada

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PaperWorks to Acquire CanAmPac

The acquisition includes coated recycled board producer and a folding carton manufacturer

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Major Announcements

Fatal Incident Reported at Expera Mill in Old Town, Maine

Investigation still ongoing

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Resolute to Enter Tissue Market

Growing the market in tissue

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Closures/Reductions

Demonstrating that trees are the answer

It is clear to those who understand the facts that the environmental performance of today's forest products industry is good, except for a small number of pulp mills and forestry operations. However, the industry's image in the minds of many environmental activists and much of the general public remains negative--and improving the industry's image so that the brightest youngsters want to work in it, and so that developers of new mills do not have to face massive and unreasonable public opposition, remains a challenge.

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Final Word

The Final Word by Chuck Swann
The Final Word by Chuck Swann

We might say that the scientists have repurposed wood pulp...

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Environmental

Clearwater Paper Settles Pollution Case

$1.1 million to settle allegations

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Safe Energy with Climate Gains

SCA takes a 360-degree approach to its environmental impact

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