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Showing 30 articles from February 17, 2015.

Capital Projects

Earnings Announcements
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Departments

Winning and losing with people
Winning and losing with people

Yes, people can help you achieve success; however, they can also create dissension, a toxic environment and can lead a place down the lamentable path of mediocrity - and possibly failure. These folks can be venomous snakes, or they can be rather nice people who have developed poisonous habits and attitudes. Some can stick out like sore thumbs, and some can be very, very difficult to identify. The ones that are nearly impossible to spot are the truly dangerous ones - and the ones who can cause the most trouble and the most damage.

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PM40

The PM40 closed Friday, 13 February 2015 at 3396, a new all-time high weekly close.

16 Feb 15 Get the latest PM40 update by listening to the weekly Nips show by Pulp & Paper Radio International.

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RearView

The PM40 closed 13 February 2015 up 3% from the 14 February 2014 level.

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Disconnected Comparisons

In this issue we evaluate Neenah Paper, Inc. and Reed Elsevier.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Amusing & Interesting

Carlsberg to Develop Biodegradable Beer Bottle

World's first fully biodegradable wood-fiber bottle

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Culture & Marketing

Sappi Expands Competence Centre for Speciality Papers

Lab is a further step in the expansion of the specialty papers division

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Voith's Press Sleeves to Suit All Requirements

Press sleeves play an important role in optimizing the press efficiency

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VPK's First Acquisition on Irish Soil

Well established customer base to continue

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Market News of Note

Ahlstrom to Start Co-operation Negotiations

The aim of the negotiations is to adjust Ahlstrom's production capacity

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Finnpulp Mulls New NBSK Pulp Mill in Finland

A new pulp mill in Kuopio, Finland

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Klabin Starts New Paper Machine Operation

Production capacity of 50,000 tons / year to 160,000 tons / year

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Voith Paper Plans to Bundle European Activities

Goal is a lean, customer-focused organization

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VPK Packaging Start Up in Poland

Investment has been triggered by the strategic need for improved service

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Major Expenditures

Georgia Pacific's Palatka Mill Boosts Energy Efficiency

Energy costs to be reduced by an estimated $1 million per month

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KapStone to Expand in Kentucky

30 new jobs and investment of US $4.5 million

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Stora Enso Invests in Wooden Building Element production

Enhances Stora Enso's position as a global provider of high quality engineered wooden elements

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Mergers & Acquisitions

Cascades Completes Sale

Does not affect the company's European-based boxboard operations

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Crown Paper Group Inc. Purchases Mill and Assets

A newly formed holding company

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Paperlinx to Sell Spicers Canada

Paperlinx withdraws from the Canadian market

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Portucel Takes Over AMS

Portucel adds tissue papers to its portfolio

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UFPI Acquires Idaho-based Rapid Wood Mfg.

Industrial/manufactured housing operation expands company's territory and capabilities

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Western Forest Products Announces Completion of Sale

Proceeds of sale to pay down outstanding debt and to further its strategic capital plans

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Major Announcements

Plum Creek to Permanently Close Lumber Remanufacturing Mill

Key customer not to renew its contract

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Resolute Celebrates Ground-Breaking MOA

$100M in new Aboriginal business

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Restructurings

Voith Forges Ahead With Restructuring

Worldwide administrative functions to be consolidated

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Closures/Reductions

Changing Times in Canada

I do not have a crystal ball, but by rubbing my glass paperweight and considering the foregoing, I think that the next couple of years will see a considerable improvement in the fortunes of the Canadian pulp and paper industry.

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WTO

Forest Industry Welcomes Trade Action

Federal government applauded for pursuing trade action against China

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Final Word

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

Zero Accident Goal

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