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Showing 34 articles from June 6, 2017.

Reference Library

Earnings Announcements
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Departments

Anthony Pratt now Australia's wealthiest person
Anthony Pratt now Australia's wealthiest person

Paper and packaging are still avenues to riches for people who can identify opportunities and seize them. Just ask Anthony Pratt, now Australia's wealthiest person, with a $12.6 billion fortune in his hands.

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PM40

The PM40 closed Friday, 2 June 2017, at 3800.

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 2 June 2017 up 15.7% from the 3 June 2016 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Schweitzer-Mauduit and Graphic Packaging.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

ANDRITZ AG to Supply Five Circulating Fluidized Bed Boilers to Nine Dragons Paper

Start-up scheduled for the second half of 2018

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ANDRITZ Continues Successful Tissue Machine Start-ups for the Hengan Group

The 13th ANDRITZ tissue machine supplied to the Hengan Group

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ANDRITZ to Supply TAD Tissue Machine to First Quality Tissue, USA

Start-up is scheduled for 2019

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Pöyry Awarded Detail Engineering Services Assignment for Smurfit Kappa

The rebuild is to increase the operating speed as well as the production quality

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Toscotec Supplied AHEAD Tissue Machine to Portugal

Start-up went very smoothly

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Valmet to Deliver Pulp Dewatering Equipment and Automatic Pulper Feed System to BillerudKorsnäs

Start-up of the new equipment is planned for first quarter 2019

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Valmet to Rebuild Alas Dorada's Tissue Machine

Main target for the rebuild is to raise production capacity

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Valmet to Supply a Moisturizer System to Schumacher Poledno

The system will improve corrugated board quality and reduce production losses caused by warped board

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Valmet to Supply an Off-Machine Coater Rebuild for Hansol Paper

Rebuild will increase production of high quality thermal grades

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Market News of Note

Billerud Korsnäs Resumes SC Fluting Operations in Gruvön

Break down due to the shut down of a digester in the pulp line

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Kruger Kicks off Testliner Production on PM 10

Conversion project was implemented over a period of 20 months

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Pratt Opens New Facility

New 80,000-square-foot facility in the Fulton Industrial corridor replaces a smaller facility

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Resolute to Lay off 180 People at Catawba, S.C. Mill

Lay-off due to lower demand for all kinds of lightweight, coated paper products

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Stora Enso's Fluff Expansion is on Track

Skutskär mill aims to strengthen position as biggest European fluff pulp supplier

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Voith's EdgeExpert Saves 4% Virgin Fibers at Smurfit Kappa

Cost savings on raw material consumption

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White Birch Paper to Close Bear Island Newsprint Mill

The mill had a capacity of 240,000 tpy of TMP and newsprint

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Major Expenditures

Domtar to Invest $59 Million in Hawesville, Kentucky Mill

449 employees will continue to produce office paper for years to come

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GP's Brewton Mill Completes $388 Million Energy Project

The mill now has the ability to generate its own energy using natural gas and biofuel residuals from the paper-making process

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Mondi to Invest Euro 100 Million in Power Plant Rebuild

Syktyvkar mill in Russia has been in operation for over 50 years

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Umka to Invest €15m in Capacity and Product Upgrade

To increase 40,000 t annual production capacity before the end of 2019

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Visy's 2nd NZ Corrugated Packaging Plant

$100M investment and up to 75 new jobs

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Mergers & Acquisitions

ANDRITZ to Acquire Paperchine, USA

Transaction to close by the end of June 2017

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Kadant to Acquire NII FPG Company's Forest Products Business

Transaction is expected to close in July 2017

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Rayonier Advanced Materials to Acquire Tembec

All Tembec operations to continue and maintain a strong presence in Québec, Ontario and France

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WestRock to Acquire Five Facilities from U.S. Corrugated Holdings, Inc.

Transaction will expand reach in attractive regional markets

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Major Announcements

Grupo Gondi to Invest $300 Million to Build New Mill in Mexico

To be completed by the end of 2019

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Final Word

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

UPM Biofuels receives sustainability award for wood-based biofuels

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Environmental

Environmental Issues Stifle Tranlin Virginia Project

Construction of Chesterfield mill on hold as the company continues testing

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