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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 150 papermaking innovators and legends have been enshrined. This month, we profile the late Martin Keyes, who was inducted into the Hall of Fame in 2014

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The PM40 closed Friday, 12 April 2024, at 5508.

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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In this issue of Disconnected Comparisons, we evaluate Glatfelter and UPM Kymmene.

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The PM40 closed 12 April 2024 up 10.3% from the 14 April 2023 level.

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Reported insider trading since the last issue of PaperMoney.

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Just in....

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NOREXECO

Interview with NOREXECO | NOREXECO,

In this special episode, we talk with Stein Larsen, CEO NOREXECO ASA.

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Market News of Note

Enviva Inc. received a notice from the New York Stock Exchange on April 2, 2024, regarding its non-compliance caused by a delay in filing its 2023 Annual Report. The company has a six-month window to correct this and maintain its stock listing.

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Supplier News

Valmet announced on February 15, 2024, the start of change negotiations in certain parts of Services and Paper business lines, EMEA (Europe, Middle East, Africa) area organization and corporate functions. These negotiations included a plan to consider measures aimed at improving the profitability and competitiveness of the business operations, as well as adapting to the changing market situation.

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Environmental

Huhtamaki, a global leader in sustainable packaging solutions, is proud to announce its participation in the Tube Recycling Project led by Tubes Group an initiative that aims to create a major change in the recycling environment for tube laminates.

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Amusing & Interesting

We work in friendly places.

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Major Announcements

Kevin M. Fogarty to serve as Non-Executive Chair of the Board of Directors for the proposed newly combined company.

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Restructurings

Canfor Corp. is closing its Jackson mill in southern Alabama at the end of June as part of a restructuring of its operations in the state.

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S & F Arguments

Read the monthly newsletters here or subscribe and have them emailed to you hot off the press!

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Reported Risk

Risks: Fires, Fatalities and Catastrophes in 2024 | fire, accidents, fatality, disaster, explosion, pulp, paper, industry,

Incidents in 2024: We are updating this list as these happen in the pulp, paper and forest products industry

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Closures/Reductions

We are updating this list as these happen in the pulp, paper and forest products industry

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Capital Projects

We are updating this list as these happen in the pulp, paper and forest products industry

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Industree 4.0

Check out the monthly newsletters here or subscribe and have them emailed to you hot off the press!

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Corporate SEC Filings

Pulp and Paper Manufacturers report to the US Securities and Exchange Commission

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Other Corporate News

What they want us to know...

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Labor & Union Actions

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Mergers & Acquisitions

The Tlowitsis, We Wai Kai, Wei Wai Kum and K'ómoks First Nations (the "Nations," all member First Nations of the Nanwakolas Council), and Western Forest Products Inc. ("Western") announced the completion of the previously announced agreement for the Nations to acquire a 34% interest from Western in a newly formed Limited Partnership for $35.9 million.

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Legal

In early 2023, Paper Excellence announced that it would be investing nearly $50 million to upgrade paper operations at the Catalyst Crofton mill, re-start the paper machine and put employees back to work. That didn't happen, and a year later, the company announced the indefinite curtailment of paper operations in Crofton.

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Major Expenditures

Ahlstrom, the global leader in masking and packaging tape base papers, has finalized an investment to upgrade and convert a paper machine in its Thilmany plant in Wisconsin, USA, to produce stretchable creped base papers for masking tape and is now ramping up the production. The new investment adds a crepe paper production capacity of 30,000 tons per year.

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Operations News

Marina Madanat, Executive Vice President, Strategy and Business Development, and a member of the Huhtamaki Global Executive Team, has decided to leave Huhtamaki to pursue other career opportunities.

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Joint Venture

Consolidated forest tenure comes under control of Lake Babine First Nation.

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Final Word

The Final Word by Helen Roush

A few weeks ago, it was announced that The European Council and Parliament reached a provisional agreement to make packaging more sustainable and reduce packaging waste in the EU.

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Wise Advertising

Something to consider...
Something to consider...

Having trouble reaching decision makers?

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The Fine Print

At your service

Permission granted for reprinting, as long as entire articles are reprinted without modification or truncation.

"PaperMoney" is a registered trademark (USPTO Reg. No. 2947381) of Talo Analytic International, Inc.


Paperitalo Publications
The Home of your Prospects (TM)


Paperitalo Publications LLC

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