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Showing 25 articles from February 2, 2016.

Reference Library

Earnings Announcements
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Departments

Words Hurt
Words Hurt

Some sort of transparent pricing system must be developed. Otherwise, we will wake up on another Monday morning with the industry taking another $10 billion haircut, solely on the basis of an opaque survey. This nonsense needs to stop.

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PM40

The PM40 closed Friday, 29 January 2016, at 2738.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

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RearView

The PM40 closed 29 January 2016 down 18.2% from the 30 January 2015 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate International Paper and PCA.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

ANDRITZ to Supply Equipment to Sonoco-Alcore

Capacity of the pulping system will be increased significantly

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ANDRITZ to Supply Two Tissue Machines to China

The start-up of TM5 is scheduled for the end of 2016

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Valmet to Supply Bleaching System to Rottneros

Two pulp mills to reach a capacity of 500,000 ton per year

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Culture & Marketing

Pratt Staten Island Team Hits New Milestone

6 million tons of paper recycled!

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Market News of Note

Catalyst Paper Reports Fatality

One fatality, investigation ongoing

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Madison Mill Cuts Production by Two Days a Week

Curtailment is because of declining demand

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Sierra Pacific Industries Announces Permanent Closure

About 123 crew members will be affected

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Legal

Two Lawsuits Filed Against Catalyst

Catalyst denies the allegations and intends to vigorously defend itself

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Major Expenditures

Anthony Pratt to Launch Packaging Deal for E-tailing Sector

To generate revenues of more than $US1 billion

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Company Investing $15 Million in New Facility

The operation will serve independent box makers throughout North Georgia, East Tennessee and North Alabama

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Sappi Continues to Invest for the Future

Improvements to increase energy efficiency and further improve quality consistency

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Mergers & Acquisitions

Alsip Mill Begins Production Under New Ownership

Mill was sold for $8.2 million last January

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Canfor Announces the Purchase of Wynndel Box and Lumber

Will produce a broader mix of higher value specialty products

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Huhtamaki Completed the Acquisition of FIOMO

Packaging manufacturing footprint in Europe has expanded

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SCA´s Acquisition Has Been Closed

Acquisition of Wausau Paper has been closed for USD 513 million

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WestRock Completes Acquisition

WestRock has acquired seven facilities in North America

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Major Announcements

Verso Corp. to Restructure Debt

Verso Corporation and its Subsidiaries file Voluntary Petitions under Chapter 11 of U.S. Bankruptcy Code

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Rationalizations

Pratt's New York Plant Now Using Solar Power

Took several months to install more than 5400 panels

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Final Word

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

Big Fight Brewing over Big Boreal Forest

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