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I recently attended a seminar that presented data on privately owned versus publicly traded pulp and paper companies. The conclusion was that publicly traded companies are poorer performers, less well maintained and have more of a chance of being obsolete than privately held companies.

The PM40 closed Friday, 28 March 2025, at 5488.

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

In this issue of Disconnected Comparisons, we evaluate Smurfit Westrock and Universal Forest Products.

The PM40 closed 28 March 2025 down 5.4% from the 28 March 2024 level.

The Trump Administration's executive orders cut across dozens of industries. This searchable tool breaks down the orders and their impact.

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 Alf de Ruvo, who was inducted into the Hall of Fame in 2015.

The PM40 closed Friday, 14 March 2025, at 5537.

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

In this issue of Disconnected Comparisons, we evaluate PCA and Sappi.

The PM40 closed 14 March 2025 up 0.4% from the 15 March 2024 level.

The Trump Administration's executive orders cut across dozens of industries. This searchable tool breaks down the orders and their impact.

The tissue industry has done this before, are they about to do it again?

The PM40 closed Friday, 28 February 2025, at 5826.

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

In this issue of Disconnected Comparisons, we evaluate International Paper and Rayonier Advanced Materials.

The PM40 closed 28 February 2025 up 5.6% from the 1 March 2024 level.

The Trump Administration's executive orders cut across dozens of industries. This searchable tool breaks down the orders and their impact.

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 Norm Dove, who was inducted into the Hall of Fame in 2015.

The PM40 closed Friday, 14 February 2025, at 5938.

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

In this issue of Disconnected Comparisons, we evaluate Nine Dragons and Sonoco.

The PM40 closed 14 February 2025 up 10.3% from the 16 February 2024 level.

The Trump Administration's executive orders cut across dozens of industries. This searchable tool breaks down the orders and their impact.

Perhaps an unfortunate saying given the recent tragedy at Reagan National in Washington, DC, but still true: you can't learn to fly with one foot on the ground. This column is always directed at the executives in this industry, and they continue to amaze me with their views of what goes on in their mills.

The PM40 closed Friday, 31 January 2025, at 6006.

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

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

The PM40 closed 31 January 2025 up 16.4% from the 2 February 2024 level.

The Trump Administration's executive orders cut across dozens of industries. This searchable tool breaks down the orders and their impact.