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Showing 38 articles from February 6, 2018.

Capital Projects

Earnings Announcements
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Departments

What is different about this year in the pulp and paper industry?
What is different about this year in the pulp and paper industry?

Several things come to mind. The US corporate income tax reduction will have implications beyond our normal thinking ability. Will this bring manufacturers back to the United States? It seems like it will. Necessarily, their packaging requirements will follow...

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PM40

The PM40 closed Friday, 2 February 2018, at 4256.

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 February 2018 up 14.8% from the 3 February 2017 level.

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Disconnected Comparisons

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

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

ANDRITZ to Supply Another Paper Machine to Zellstoff Pöls, Austria

Start-up is scheduled for mid-2019

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ANDRITZ to Upgrade Evaporation Plant at Stora Enso's Enocell Mill in Finland

Start-up is planned for the 3rd quarter of 2019

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Toscotec will Provide Four New AHEAD-2.0M Tissue Machines to Vinda

Scheduled to come online by the end of 2018

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Valmet to Supply a Repeat Order for Pratt Industries in North America

Scheduled for the fourth quarter of 2019

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Valmet to Supply a Waste-fired Boiler to Shanying Huazhong Paper in China

Heat and power production will start early 2019

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Valmet to Supply Online Measurements, Consistency Transmitters and Analyzers to BillerudKorsnäs

Delivery is scheduled for March 2018

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Voith Gets Another Order From Smurfit Kappa

Start-up scheduled for January 2019

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Voith NipcoFlex Shoe Presses Rebuilt for Wanlida

Increase in operating speed of 50 to 80 m/mi

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Culture & Marketing

American Eagle Paper Mills Introduces Eagle Inkjet™ 100- High Speed Recycled Inkjet Paper

Produced from 100% post-consumer recycled fiber

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Market News of Note

Cascades Finalizes the Sale of its New York Plant

Date the plant is scheduled to close is December 31, 2018

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Hamburger Containerboard Purchases Paper Machine for New Paper Mill in Turkey

Paper mill project in Kütahya, Turkey

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Metsä Board Launches an Innovative Eco-barrier Paperboard

Development work is still continuing

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Papierfabrik Scheufelen Initiates Insolvency Proceedings

Market facing dramatic overcapacities and margin pressures

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Pro-Gest's Owners Expand Packaging Business to Morocco

50 jobs to be created in the next twelve months

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Shuttered Old Town Mill Sold

To be redeveloped for forest-products tenants

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UPM Continues to Grow in the Release Liner Business

Additional capacity of approximately 40,000 tonnes/a will be available in Q4/2018

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Voith Launches the FlexPad

Operational cost is reduced by an average of approx. 20 percent

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Joint Venture

Huhtamaki Expands to Paper Bag Manufacture in Poland

Operations are expected to begin during Q1 2018

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Major Expenditures

APP China to Boost Board Capacity at its Guangxi Mill

Could increase to as much as 3 million tpy

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PaperWorks Makes $2 Million Investment in Greensboro, NC Facility

Will accommodate the maximum output

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Shandong Sun Paper Ups Investment in Planned Arkansas Facility

Total investment to $1.8 billion and raise expected employment to 350 people

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Mergers & Acquisitions

Western Forest Products Completes Acquisition

Distribution and processing centre for USD $9 million

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WestRock Signs Definitive Agreement to Acquire KapStone

Expected to close during the quarter ending September 30, 2018

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Major Announcements

Cenveo Files for Bankruptcy

Has more than 30 U.S. operating plants

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Fortress Paper Announces Name Change

Effective January 29, 2018

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Restructurings

Kimberly-Clark to Cut Workforce by 12-13 Percent, Shut Facilities

Expected to be completed in two years

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Final Word

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

Fill 'er up? Or charge 'er up?

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Operations News

Fire Damages Verso Mill in Wisconsin Rapids

Investigation into the cause of the fire is still ongoing

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Fire Injures 31 Workers at Paper Mill in Southern Iran

Cause of fire is undetermined

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Georgia-Pacific Camas Mill Will Lay Off Workers Starting May 1

280 to 300 jobs are expected to be lost

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J.D. Irving, Limited Forecasts Over 10,400 Hires Over the Next Three Years

2,558 students are also included in the 2018-2020 hiring forecast total

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Orient Paper, Inc. Announces Temporary Suspension of Production

Due to mandated restriction on natural gas supply

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