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

The PM40 closed Friday, 17 January 2020, at 3224.

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

The PM40 closed 17 January 2020 down 5.5% from the 18 January 2019 level.

In this issue of Disconnected Comparisons, we evaluate Ennis, Inc and Glatfelter.

Reported insider trading since the last issue of PaperMoney.

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 140 papermaking innovators and legends have been enshrined. This month, we profile Gordon Nicholls, who was inducted into the Hall of Fame in 2019.

BASF has closed the previously announced transaction to divest its ultrafiltration membrane business to DuPont Safety & Construction (DuPont).

The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Omnova by Synthomer, both manufacturers of specialty chemicals.

Valmet and Fabio Perini have established an Industrial Internet ecosystem partnership to strengthen collaboration in the tissue industry.

Valmet launches a completely redesigned Valmet Microwave Consistency Measurement - Valmet MCA (patent pending) for pulp and paper makers.

Valmet will supply an Advantage DCT100HS tissue production line, including a de-inking plant and an extensive automation package, to Alas Doradas in El Salvador.

Domtar Corporation congratulates three of its board members, Giannella Alvarez, Mary A. Winston and Pamela B. Strobel, on being named to WomenInc. Magazine's list of 2019 Most Influential Corporate Directors.

Greif, Inc. announced it earned two prestigious recognitions in December 2019 for its continued corporate social responsibility efforts.

Sonoco has been selected as one of America's Most Responsible Companies 2020 by Newsweek.

An iconic sawmill in Kelowna is no more.

Metsä Board, part of Metsä Group, is participating in a joint project called SEED, led by VTT Technical Research Centre of Finland, in which forest companies are developing new digital solutions together with companies in the ICT industry.

Resolute Forest Products Inc. says it will spend $27 million to add a plant to produce cellulose filaments at its Kenogami paper mill in Quebec.

The Chilean Supreme Court fined local paper manufacturer CMPC and a division of Sweden's SCA for having colluded for at least a decade in the Chilean tissue and toilet paper market, the Chilean antitrust authority said.

Feldmuehle GmbH has successfully completed the self-administration insolvency proceedings that began at the end of 2018.

Michigan last Tuesday sued 3M, DuPont and other companies for financial damages from contamination caused by potentially harmful "forever" chemicals that are turning up in drinking water across the industrial state.

Huhtamaki has completed the acquisition of the assets and operations of Mohan Mutha Polytech Private Limited (MMPPL), a privately-owned flexible packaging manufacturer located in Sri City, Andhra Pradesh, India.

Private equity firm Industrial Opportunity Partners (IOP) has acquired recycled containerboard manufacturer Midwest Recycled and Coated Containerboard Mill.

The Molpus Woodlands Group, LLC, a timberland investment management organization headquartered in Jackson, Mississippi, has on behalf of a client, successfully purchased approximately 14,306 acres of timberland in the Upper Peninsula of Michigan.

Rayonier Inc. and Pope Resources, A Delaware Limited Partnership announced that they have entered into a definitive merger agreement under which Rayonier will acquire all of the outstanding limited partnership units of Pope Resources for consideration consisting of equity and cash.

It's private equity and trade at 10 paces in the race to buy United States-based Owens-Illinois' Australian and New Zealand business.

Stora Enso has signed an agreement to divest its sawn construction timber (KVH) mill at Pfarrkirchen in Germany, to the fund LEO II. - VV1 GmbH, managed by the private equity firm Dubag Group.

Over the next three years, J.D. Irving, Limited (JDI) is forecasting over 6,800 full time hires as well as 2700+ student hires across the company's diverse operations in Canada and the U.S.

Kimberly-Clark Corporation announced executive leadership changes to accelerate the company's progress toward achieving its K-C Strategy 2022 goals.

Mondi Plc's chief executive officer Peter Oswald is stepping down after nearly three years in the role overseeing the company's shift to producing more cardboard packaging whilst battling rising industry costs.

"Pixelle Specialty Solutions has promoted Timothy R. Hess to Chief Executive Officer (CEO).

Sappi North America, Inc., a leading producer and supplier of diversified graphic and release papers, packaging products and dissolving wood pulp, announced that its Somerset Mill in Skowhegan, Maine is certified to the ISO 22000:2018 Food Safety Management System (FSMS) standard.

Citing a drop in publisher demand for print publication titles and significant structural changes impacting the industry, Chicago-based LSC Communications filed a Form 8-K with the Securities & Exchange Commission (SEC) on Jan. 14 announcing it will close its manufacturing facilities in Strasburg, Va.; Glasgow, Ky.; and Mattoon, Ill.

Leaders of Verso are asking shareholders to ward off what it calls a proxy contest by approving its slate of board nominations.

"We urge Verso Stockholders to not be fooled by the deceptive practices employed by Lapetus, Atlas and Blue Wolf to confuse you and to deflect attention from their ultimate objective - to control the Company without paying for it."

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

The Lenzing Group initiated a project in Albania designed to promote sustainable forestry and improve local living conditions.

The modern bio-boiler plant not only improves the mill's energy efficiency but also environmental performance, occupational safety and fire safety.

Northern Pulp Nova Scotia Corporation announced this week that it has begun the wind-down of its mill operations in a safe and environmentally sound way in order to meet its Jan. 31 deadline imposed by the government.

Northern Pulp Nova Scotia Corporation announced this week that it has begun the wind-down of its mill operations in a safe and environmentally sound way in order to meet its Jan. 31 deadline imposed by the government.

Northern Pulp has informed the provincial government that it will continue with the environmental process for a proposed effluent treatment plant.

Metsä Tissue announced that a fire broke out late Friday evening, Jan. 10, involving PM5 at the company's paper mill in Düren, Germany.

Officials said a large part of the warehouse was filled with smoke when crews arrived, and a paper converting machine was on fire. Officials said firefighters quickly extinguished the fire and ventilated the warehouse.

Heading west on Highway 5 through Little Falls was cut off for a while Saturday afternoon, Jan. 11, after the road was closed due to reports of smoke at the Twin Rivers mill.

Georgia-Pacific announced Monday, Dec. 13, that it is permanently closing its Cuba facility.

A packaging firm has announced plans to close two facilities, which could lead to the loss of up to 208 jobs.

According to a release sent by Ontario's Ministry of Labour, Training and Skills Development, the worker was using a loader to move bundles of wood when the incident happened.

Clearwater Paper Corporation announced the ratification of its labor contracts with the United Steelworkers and International Brotherhood of Electrical Workers at its Lewiston, Idaho facility.

WestRock recently filed a notice with the state announcing it is closing one of its facilities in Edwardsville, affecting 68 people.