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Showing 27 articles from March 20, 2018.

Departments

Celebrating all things paper: The wonder and the legacy, continued
Celebrating all things paper: The wonder and the legacy, continued

Ladies and gentlemen, the first class of inductees to the Paper Industry International Hall of Fame in Appleton, Wisconsin was inducted more than two decades ago in 1995, and today, more than 130 papermaking innovators and legends have been enshrined. This month, we profile the late Johannes Van den Akker, Emeritus Professor of Physics of The Institute of Paper Chemistry, who was posthumously inducted into the Hall of Fame back in 1995.

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PM40

The PM40 closed Friday, 16 March 2018, at 4198.

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 16 March 2018 up 12.9% from the 17 March 2017 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Rayonier and Greif.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

Klabin Chooses Wedge for the Ortigueira Mill in Brazil

Installation covers the entire plant of Ortigueira mill

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Solenis Launches Tapestry℠ Yankee Coating Solutions

Solution package helps tissue makers optimize their Yankee cylinder performance through enhanced coating reliability

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Valmet and Ittihad Paper Mill Agree on Long Term Service Co-operation

Start-up in late 2018

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Voith SpeedSizer AT Means More Speed for Smurfit Kappa's PM 6

Smooth startup with new components

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Voith's HiCon 2.0 in Practice

Mpact benefits from increased capacity and reduced energy requirements

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Market News of Note

ANDRITZ Launches the World's Most Modern Research Center for Tissue

Improves product qualities and reduces energy consumption

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Catalyst Paper Disappointed with U.S. Department of Commerce's Preliminary Anti-Dumping Decision

Will continue to vigorously defend itself

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Columbia Pulp Receives $20 Million in New Funding

Expected to create approximately 87 new, full-time jobs

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Smurfit Kappa Rejects International Paper Bid Approach

Smurfit Kappa is a world leader in paper-based packaging

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Legal

U.S. Issues Affirmative Preliminary Antidumping Duty Determination

Scheduled to announce the final determination in this investigation on or about August 2, 2018

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Major Expenditures

Arctic Paper Invests in Sustainable Hydro Power at Munkedal Mill

Completion is planned for the last quarter of 2019

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Metsä Tissue Invests in New Converting Line

Will be operative by the end of 2018

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Resolute Adding to Calhoun, TN Mill Site

Completion in August 2018

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Sofidel Continues to Grow in the USA with a New Greenfield Investment in Oklahoma

Investment will amount to 360 million dollars over three years (2018-2019-2020)

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Mergers & Acquisitions

Boise Cascade Announces Purchase of Lumberman's Wholesale Distributors

To be complete in the coming weeks

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Shareholders in Brazil's Fibria Agree to Merger with Pulp Rival Suzano

Transaction is subject to approval by anti-trust authorities

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Solenis Completes the Acquisition of Topchim NV

Strategy is to expand its offering to the pulp and paper market

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Final Word

Apple goes from villain to coveted client with this Finnish firm

Apple goes from villain to coveted client with this Finnish firm

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Operations Announcements

Cenveo Lays Off Nearly 200 in Texas

Company struggles as envelopes become less popular

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Norbord to Temporarily Suspend Production at its 100 Mile House, BC Mill

Financial results to be approximately US$5 million

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Orient Paper, Inc. Resumes Production

Production had been suspended since late January

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WestRock Closing its Rochester, MN Facility

22 people will lose their jobs at the end of March

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