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There is a dangerous movement going on in major capital projects in North America these days.

The PM40 closed Friday, 29 October 2021, at 4381.

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 29 October 2021 up 47.9% from the 30 October 2020 level.

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

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, close to 150 papermaking innovators and legends have been enshrined. This month, we profile the late Robert W Hagemeyer, who was inducted into the Hall of Fame in 2003

The PM40 closed Friday, 15 October 2021, at 4345.

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 15 October 2021 up 38.9% from the 16 October 2020 level.

In this issue of Disconnected Comparisons, we evaluate Avery Dennison and CatchMark Timber.

Reported insider trading since the last issue of PaperMoney.

Recently, in a discussion with one of our clients, we were talking about predictable consumption. The big two paper and paperboard grades--tissue and containerboard--were the front and center subjects. I was pointing out that since World War II, tissue consumption has been very predictable in 1st world countries at about 35 pounds per capita per year. Our client asked, "What about containerboard?"

The PM40 closed Friday, 1 October 2021, at 4283.

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 1 October 2021 up 42.1% from the 2 October 2020 level.

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

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, close to 150 papermaking innovators and legends have been enshrined. This month, we profile Theodore Wegner, who was inducted into the Hall of Fame in 2013

The PM40 closed Friday, 17 September 2021, at 4207.

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 Universal Forest Products and Resolute Forest Products.

The PM40 closed 17 September 2021 up 37.1% from the 18 September 2020 level.

Reported insider trading since the last issue of PaperMoney.

Serendipitously, we drove by the Columbia Pulp Mill in Lyons Ferry, Washington one day while driving through the region called the Palouse. The Palouse is an amazing geographical area rich in agriculture, particularly small grain (wheat, barely, etc.). They have wheat straw (the feedstock for Columbia Pulp) coming out their ears, so to speak. In times past, I have been not too kind in my comments about this facility and the attempt once again to make wheat straw pulp. However, they may succeed, and if the management would choose to school me on their experience and plans, I'll make a sincere effort to get by and see the mill sometime soon.

The PM40 closed Friday, 13 August 2021, at 4353.

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 3 September 2021 up 46.3% from the 4 September 2020 level.

In this issue of Disconnected Comparisons, we evaluate Schweitzer-Mauduit and 3M.

Reported insider trading since the last issue of PaperMoney.