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Showing 28 articles from July 5, 2016.

Reference Library

Earnings Announcements
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Departments

The Risk Conundrum
The Risk Conundrum

Issues surrounding the environment and regulations can be summed up in one word: risk. We have become a risk-averse world.

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PM40

The PM40 closed Friday, 1 July 2016, at 3257.

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 1 July 2016 down 0.7% from the 2 July 2015 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Sonoco and WestRock.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

Valmet to Replace Automation System in France

The start-up of the new system scheduled for September 2016

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Valmet to Supply a Demonstration Scale Plant to Sappi

To explore and optimize the extraction of biorenewable chemicals

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Voith Rebuilds Hedemora Disc Filter at Sappi

The disc filter will be well prepared for future increase capacity

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Culture & Marketing

Smart Seal Wear Monitoring System from Voith

Reduces machine downtimes and improves efficiency

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Stora Enso Evaluates Expansion of Gruvön Mill

The capital expenditure for the expansion is estimated to be in the range of EUR 30−34 million

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Market News of Note

Cascades Announces Closure of its Auburn Plant

Will end production on July 8 and will close its doors on July 15

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Weyerhaeuser to Close Columbia Falls Lumber Mill

Approximately 100 positions will be eliminated

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WS Packaging Group to Close Elk River Facility

Customers will continue to be served

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Major Expenditures

Klabin Inaugurates its New Pulp Mill in Paraná State

Puma Unit is the largest investment ever in the company's 117-year history

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VPK Continues Investment in Latest Printing Equipment at Rigid

VPK has invested heavily to continuously improve services for its growing customer base

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Mergers & Acquisitions

DS Smith Plc has Reached an Agreement to Acquire Gopaca

Located near Porto, Portugal and employs 135 people

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Fortress Paper to Sell Lebel-sur-Quevillon Pulp Mill and Sawmil

Purchase price of $15.36 million

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Holmen to Sell its Newsprint Mill in Madrid

International Paper will convert the mill into recycled containerboard production

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International Paper Completes the Sale of Two Previous Transactions

The sale of its corrugated packaging business in China and the acquisition of the Holmen Paper Madrid Mill in Spain

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KapStone Acquires Central Florida Box

Kapstone is the largest kraft paper producer in the United States

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Pope Resources Announces Timberland Acquisition

7,300 acres of timberland in western Washington for $31.9 million

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Sale of UPM Schwedt Mill

UPM's Schwedt mill sold to LEIPA Georg Leinfelder GmbH

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SCA to Close Tissue Production Plant

Production will be discontinued in July 2016

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Major Announcements

New Lignin Operation in Florida in Final Phase of Approval

Cost of construction of the lignin plant is expected to be $135 million

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Restructurings

Södra Focuses on Enhanced Competitiveness

Structural changes in its sawmill and planing operations to strengthen the company's long-term competitiveness

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Verso's Plan of Reorganization Confirmed by Bankruptcy Court

Emergence from bankruptcy expected by end of July

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Final Word

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

The fight for that last sheet of toilet paper

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