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Showing 28 articles from September 6, 2016.

Capital Projects

Earnings Announcements
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Departments

Chinese Paper
Chinese Paper

Last fall, Shandong Sun Paper said it is going to build a new USD 1.3 billion pulp and paper mill in Arkadelphia, Arkansas. In 2014, Shandong Tranlin Paper Company said it was going to build a USD 2 billion papermill in Chesterfield, Virginia, based on wheat straw as a raw material. The best we can determine, these companies are not related. Yet, there are remarkably similar peculiarities to these two projects.

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PM40

The PM40 closed Friday, 2 September 2016, at 3502.

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 September 2016 up 17% from the 4 September 2015 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate WestRock and Deltic Timber.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

ANDRITZ Successfully Starts Up Tissue Machine in China

Guangdong Shaoneng Group still growing

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ANDRITZ to Supply Drum Pulper to Metsä Tissue

Ensures gentle waste paper slushing, high fiber yield, and reliable operation

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ANDRITZ to Supply Equipment to Stora Enso

A positive impact on the quality and uniformity of the pulp produced

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Valmet's Rebuilt Paper Machine at VPK Mill in Belgium

Rebuild was to improve machine speed, safety and efficiency

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Voith Paper's Advanced Products Secure Maximum Performance

Klabin's PM 24 has achieved excellent operating and production results

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Market News of Note

Ecopaper Starts up New CCM Machine in Romania

One of the top recycled containerboard producers in the country

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Rottneros Leads European Project for Bio-based Packaging

Project is just under SEK 120 million

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Tolko Industries to Close Manitoba Operations

Employees have been informed of the decision

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Weyerhaeuser Ends Production at Columbia Falls Mills

The mills had been open since the late 1940s

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Corporate Finance

SCA to Split the Group into Two Listed Companies

To further develop the Group's two operations

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Labor & Union Actions

Production Currently Down at IP in India

Stoppage has lasted for almost two weeks

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Major Expenditures

Baileyville Pulp Mill Completes $150M Expansion

$150 million expansion project creates 126 metric tons of tissue

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Heinzel Group to Invest in Laakirchen

Investment of over EUR 100 million to increase profits

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Kruger Launching $52M Expansion

Will create 119 jobs

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Stora Enso Invests to Increase Competitiveness

Investment of EUR 6.6 million in the corrugated packaging business in Sweden

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Mergers & Acquisitions

Sonoco to Sell its Rigid Plastics Blow Molding Operations to Amcor

Subject to regulatory approvals in the United States

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Stora Enso has Completed Divestment

The divestment is approximately EUR 25 million

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VPK to Take Over Peterson's Corrugated Business

Business which consists of six plants in Scandinavia

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Weyerhaeuser Completes Sale to Nippon Paper Industries

Purchased for $285 million in cash

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Restructurings

SCA Continues to Improve Efficiency

To improve production efficiency

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Final Word

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

K-C shifts gears big-time in personnel evaluations

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Environmental

Pöyry Awarded Assignment for Sun Paper

The new mill will create around 250 new jobs

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