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Management Side
Technical Side

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Showing 47 articles from March 7, 2017.

Reference Library

Earnings Announcements
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Departments

Maintenance
Maintenance

It is maintenance month here at Paperitalo Publications once again. And once again, I'll harp on you board members and senior managers who think it is smart management to skimp on maintenance.

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PM40

The PM40 closed Friday, 3 March 2017, at 3,713.

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 3 March 2017 up 30.6% from the 4 March 2016 level.

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Disconnected Comparisons

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

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

A.Celli Paper to supply a new tissue rewinder for Sofidel America

A.Celli Paper has concluded an order for a latest-generation rewinder model E-WIND® with the Italian group Sofidel for their facility in Circleville, Ohio.

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RYECO announces new sheet-break detector

Sheet-break failures from heat, debris, web strikes, operator paper-hooks, coating splashes, sizing splashes, mount failures, excessive sensor bouncing and more are a thing of the past with RYECO's new Smart-ONE Break Detection System™.

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Valmet to supply a paper machine rebuild for Sappi Maastricht in the Netherlands

Valmet will supply a paper machine rebuild for Sappi Maastricht in the Netherlands.

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Valmet to supply an evaporation line to Sappi's pulp mill in Ngodwana, South Africa

Valmet will supply an evaporation line to Sappi Southern Africa Limited to be built at the company's pulp mill in Ngodwana, South Africa.

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Culture & Marketing

Expera launches new product

Continuing to be at the forefront of next generation technology, Expera Specialty Solutions, a leading producer of food packaging solutions, announced today that it continues to expand its Grease-Gard® family of brands, including its Grease-Gard FluoroFree® papers.

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Finch Paper announces high-speed inkjet brand expansion plan

Finch Paper says it has updated and expanded its paper brands. The most notable being the announcement of Finch Opaque Jet.

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Mohawk expands wide format inkjet portfolio

Mohawk has announced the expansion of its wide format inkjet portfolio with the launch of a new line of Mohawk Printable Textiles and Canvas, Engineered by Aurora, for the latex, UV, and Solvent printers.

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Verso's Coated Sheetfed and Digital Paper Portfolios Go Whiter, Brighter

Verso Corporation, a North American producer of printing papers, specialty papers and pulp, announced an increase in the brightness and whiteness of every product in its coated sheetfed and digital paper portfolios, and introduced Brilliantly Brighter, a new printed promotion showcasing these products.

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Market News of Note

British Columbia NDP MPs call on the government to protect forestry jobs

British Columbia members of the federal New Democratic Party's caucus called on the Liberal government to ensure that BC's forest industry is protected after the expiry of the Softwood Lumber Agreement with the United States.

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Fire at Tolko facility

The Williams Lake fire department crews responded to a fire in the welding shop at the Tolko Lakeview (B.C.) mill Sunday, 25 Feb. 2017.

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Fire breaks out at DS Smith Birmingham facility

A fire at DS Smith's Birmingham paper recycling depot has been brought under control and extinguished. The company is now working with fire investigations teams to establish damage and the cause of the fire.

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Graphic Packaging announces leadership appointment

Graphic Packaging International, Inc. announced the appointment of Spencer Maurer as Senior Vice President, Supply Chain.

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Huhtamaki invests to grow its foodservice business in Eastern Europe

With local manufacturing, Huhtamaki said it will be able to better serve both its local and global customers, and help them grow.

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International Paper announces senior leadership moves

International Paper announced the following senior leadership changes. Thomas J. Plath has been elected by the Board of Directors to become Senior Vice President, Human Resources and Global Citizenship, effective March 1, 2017.

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International Paper once again selected to FORTUNE's list of America's Most Admired Companies

International Paper announced that it has been named again by FORTUNE magazine as one of "America's Most Admired Companies."

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McGann exits Smurfit board

Smurfit Kappa's former chief executive, Gary McGann, plans to step down from the paper and packaging group's board in May, as he devotes himself to restructuring and finding a new executive team at embattled baked products group Aryzta.

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Mohawk expands digital fine paper offering

In its latest expression of support for the HP Indigo printer community, Mohawk, North America's largest privately-owned manufacturer of fine papers, envelopes and specialty substrates for commercial and digital printing, announces the expansion of its digital fine paper portfolio with the launch of the new Curious Collection Papers Digital with i-Tone.

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RAPP Named Authorized Economic Operator by World Customs Organization

Firefighters challenged as they tried to infiltrate the blaze

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Södra's Head of Innovation and New Business leaving company

Laila Rogestedt, Head of Innovation and New Business, has decided to leave Södra.

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Joint Venture

Cascades Sonoco Announces Multi-Million Dollar Investment in Birmingham, Ala., Facility

Cascades Sonoco, a joint venture of Sonoco Products Company and Cascades Inc. announced the investment of approximately $16 million for the expansion of its existing Birmingham, Ala., facility.

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Smurfit Kappa and Sun Chemical announce new packaging coding solution

Smurfit Kappa announced that it has collaborated with Sun Chemical, a producer of printing inks and coatings, to deliver the most robust and efficient, digital laser-based coding solution that supports customer packaging and labeling requirements.

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Labor & Union Actions

Port Townsend Paper mill, union working under new contract

Port Townsend Paper Corp. and United Steelworkers Local 175 have come to an agreement on a five-year contract after minor revisions to a deal that failed in January.

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Legal

Newsprint vendor sues Tampa Bay newspaper over defaulted $340,000 debt

A newsprint vendor is suing the Tampa Bay Times, claiming the paper owes more than $340,000 in debt from the acquisition of the Tampa Tribune last year.

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Revenge hacker gets 34 months in prison, must repay Georgia-Pacific more than $1 million

A fired computer expert who hacked into his former employer's system has been sentenced to nearly three years in prison and ordered to pay more than $1.1 million to Georgia-Pacific Corp. for damages he caused.

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Major Expenditures

British Columbia to invest $150 million to plant trees

B.C. Premier Christy Clark announced $150 million for the Forest Enhancement Society of British Columbia to plant tens of millions more trees, which will help fight climate change and create more than 3,000 jobs in rural British Columbia.

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Pratt to open facility in North Carolina

Pratt Display, a division of Georgia-based Pratt Industries, is expanding its distribution operations into a 360,000-square-foot building at the Rock Creek Center in Whitsett that was previously occupied by Ralph Lauren.

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SCA invests to further strengthen tissue operations in Mexico and baby diaper operations in Europe

The investment in Mexico will support SCA's high-quality tissue offering under the Regio brand.

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Suzano announces investment projects

Suzano Pulp and Paper announced that it will invest around R$720 million by year-end in a set of projects intended to diversify its operations in Brazil through higher-value products, boost structural competitiveness, cut costs and enhance environmental initiatives.

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Mergers & Acquisitions

Avery Dennison Completes Hanita Coatings Acquisition

Avery Dennison Corporation announced it has completed the acquisition of Hanita Coatings, a pressure-sensitive materials manufacturer of specialty films and laminates, from Kibbutz Hanita and Tene Investment Funds.

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Mercer International Inc. to acquire one of Germany's largest sawmills and a bio-mass power plant

Mercer International Inc. has entered into an agreement to acquire substantially all of the assets of one of Germany's largest sawmills and a bio-mass power plant, near Friesau, Germany for approximately $55.1 million plus defined working capital of approximately $9 million.

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Nippon mill sold to subsidiary of Mexican firm; opening date pushed

Once purchased, the mill, which has been in existence under several owners since 1920 at the base of Ediz Hook, will become McKinley Paper Co., Washington Mill, according to a prepared statement from McKinley Paper Co.'s public relations firm.

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Report: Dow-DuPont deal close to winning EU approval

Avery Dennison Corporation announced it has completed the acquisition of Hanita Coatings, a pressure-sensitive materials manufacturer of specialty films and laminates, from Kibbutz Hanita and Tene Investment Funds.

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Major Announcements

Cenveo to close Orchard Park, New York facility, cut 111 jobs

Orchard Park envelope manufacturer Quality Park Products plans to close its facility by mid-June, putting 111 employees out of work.

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Deltic Timber announces new President and CEO

Deltic Timber Corporation appoints John D. Enlow as President and CEO, effective March 8, 2017.

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Klabin announces new organizational structure

Klabin S.A. announced that its Executive Board will have a new organizational structure. Eduardo de Toledo takes over as CFO and Investor Relations Director, replacing Antonio Sergio Alfano, who is retiring.

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Kraftliner production at International Paper's Cantonment mill could be down for three months

International Paper is reporting that it could take up to three months to repair the digester damaged by the 22 January explosion at its Cantonment, Florida mill.

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Restructurings

Burgo announces reconversion plan of line 2 of Avezzano paper mill in Italy

Burgo Group S.p.A. announced the start of the reconversion plan of line 2 of the Avezzano (AQ) paper mill, from graphical paper to container board, with a view to making the mill a true national centre of excellence for cardboard production.

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Proposed distribution of SCA's hygiene business

Following a split, there will be two listed companies...

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Quad/Graphics cutting jobs, shifts at facility

Quad/Graphics (formerly Brown Printing) is restructuring to have the plant focus on printing special interest and professional journal publications, leading to reduced shifts at the plant and the elimination of 50 jobs.

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Final Word

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

Time marches on--and so does technology.

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Environmental

2015 haze: NEA still investigating Asia Pulp and Paper suppliers

The National Environment Agency (NEA) is still investigating four Indonesian suppliers of Asia Pulp and Paper (APP), which was allegedly linked to the forest fires that caused severe haze in Singapore in 2015.

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