Global Paper Money

Earnings Announcements

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

By:

Steve Roush, Vice President, Publisher & Editor

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 Edgar J. Justus, who was inducted into the Hall of Fame in 1997.

PM40

The PM40 closed Friday, 16 November 2018, at 3569.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

RearView

The PM40 closed 16 November 2018 down 12.1% from the 17 November 2017 level.

Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Kimberly-Clark and USG.

Insider Trading

Reported insider trading since the last issue of PaperMoney.

ANDRITZ to Upgrade Screw Presses for Metsä Board

Start-up is scheduled for the first quarter of 2019

Cascades Packaging Starts up PM1 at Kingsey Falls After Major Rebuild by Toscotec

Machine was started up on schedule on September 23

Ahlstrom-Munksjö to Develop a New Biodegradable Flexible Paper-based Packaging Material

In collaboration with five partners

Ahlstrom-Munksjö Increases Parchment Paper Production Capacity and Inaugurates a New Production Line in Saint-Séverin in France

Started up successfully in September 2018

Georgia-Pacific Completes $100-Million Lumber Production Facility in Talladega, Alabama

Plant currently employs more than 130 full-time employees

GP's $4.5 Million Investment Drives Operational Expansion at Clarendon OSB

$6 million in capital has been invested at the location just this year

Huhtamaki Invests to Grow its Fiber Packaging Business in Russia and the Nordics

New line is expected to be operational during the fourth quarter in 2019

Kährs Group Builds Pellet Plant in Nybro, Sweden

To be operational at the end of 2018

Metsä Board Invests in a Capacity Increase at its Kaskinen BCTMP Mill

Expected to start up during November-December 2018

Metsä Board Invests in a New Sheeting Line at its Äänekoski Mill

Planned to start during September 2019

Resolute to Increase Pulp Capacity at Thunder Bay Mill

Roughly CAD40m is slated for Q4 2018

Solaris Paper Takes Possession of New Facility; Plans Eight Production Lines

Expects to complete the operational relocation in 2019

Canfor to Acquire Elliott Sawmilling Co., Inc.

Expected to close in the first half of 2019

Canfor to Acquire Majority Interest in VIDA Group of Sweden

Expected to close in the first quarter of 2019

DS Smith Wins Conditional EU Approval for $2.2 Billion Europac Buy

Expects to complete the acquisition by the end of 2018

Klingele Gruppe Acquires the Spanish Company Ondunova

Acquisition supports the growth strategy of the Klingele Group abroad

Södra to Acquire Bergvik Skog's Forest Holding in Latvia

Purchase consideration is EUR 324 million

WestRock Completes Acquisition of KapStone

Acquisition strengthens presence on the West Coast of the United States

The Final Word by Helen Roush

By:

Helen Roush, Executive Vice President of Paperitalo Publications

Digitally native

Boise Cascade To Cease Laminated Veneer Lumber Production at Roxboro, North Carolina

Ceasing LVL operations by December 31, 2018

Conifex Temporarily Curtailing Fort St. James Operations in Q4

Due primarily to log costs and current lumber market conditions

West Fraser Announces Production Reduction in British Columbia

Expected to impact approximately 135 employees

West Rock Restarts Paper Production at Panama City Mill

Significant damage by hurricane Michael in October

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Capital Projects

Departments

Supplier News

Joint Venture

Major Expenditures

Mergers & Acquisitions

Final Word

Operations News

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