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Showing 36 articles from October 16, 2018.

Capital Projects

Earnings Announcements
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Departments

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

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 Joseph E. Atchison, who was inducted into the Hall of Fame in 1998.

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PM40

The PM40 closed Friday, 12 October 2018, at 3667.

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 12 October 2018 down 6.3% from the 13 October 2017 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Hadera Paper and Universal Forest Products.

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Insider Trading
There was no reported insider trading since the last issue of PaperMoney.

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Supplier News

Andritz to Supply Equipment for Arauco's Pulp Mill in Chile

Order value is around 300 million Euros

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BlueLine Technology Convinces Lucart with Significant Increase in Production Capacity and Energy Savings

Significant increase in production capacity

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Smurfit Kappa Nettingsdorf Selected Toscotec to Supply a Dryer Section Rebuild

Scheduled for the second quarter of 2019

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Sofidel America Partners with Toscotec

Start-up is scheduled for the last quarter of 2019 for PM1 and for the first quarter of 2020 for PM2

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Successful Tissue Machine Restart by Valmet at Xiamen Sin Yang Paper Co.

Idled machine since 2014 was successfully restarted in September 2018

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Taison Group's Great Satisfaction for the Start-up of Two Sets of A.Celli Paper's E-Wind®

Clear improvement in product quality

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Valmet to Supply Key Pulp Mill Technology for ARAUCO Pulp Mill Project in Chile

New line is estimated to start operation in 2021

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Valmet-Supplied World's Largest Production Line for Bleached Softwood Pulp Successfully

The new plant was on schedule and budget

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Market News of Note

Honeywell To Transform Austrian Sappi Plant Into One Of The World's Most Modern Paper Mills

To increase product quality but cut production costs

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Metsä Wood's Birch Plywood Mill Inaugurated in Pärnu

Is expected to reach its full capacity during 2019

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Sappi Launches Verve - Sustainable Dissolving Wood Pulp for a Thriving World

Continuing to invest to ensure customers are able to meet demands

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Sofidel Tissue Company Opens Manufacturing Plant in Ohio

280-acre plant is one of its most technologically and environmentally advanced tissue paper plants in the world

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Joint Venture

Metsä Group and Itochu Establish a Joint Venture

Plans to be started up in late 2019

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Labor & Union Actions

Steelworkers Union Issues Strike Notice Affecting 1,500 Mill Workers in Northern B.C.

Talks continuing

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Major Expenditures

Dunapack Rambox Announces the Start of Construction Work

New corrugated packaging plant is scheduled to begin operations in June 2019

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Groundbreaking Ceremony for Paper Machine No. 2 for Hamburger Containerboard

Scheduled for the second half of 2020

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ND Paper Announces Capital Upgrades at Wisconsin and Maine Pulp and Paper Mills

Two years to complete and will create 77 additional jobs

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Mergers & Acquisitions

Ahlstrom‐Munksjö Completes the Acquisition of Expera Specialty Solutions

To better serve customers and in doing so promote continued revenue growth

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Boise Cascade Reaches Agreement to Acquire Arling Lumber, Inc.

Expected to be completed in the fourth quarter 2018

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Catalyst Paper Agrees to Sell Mills to Paper Excellence

Expected to close by the end of the fourth quarter 2018 or early first quarter 2019

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Glatfelter Completes Acquisition of Georgia-Pacific's European Nonwovens Business

Purchase price $185 million, subject to customary purchase price adjustments

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Mercer International Inc. to Acquire Daishowa North America Corporation LTD

Expected to close in the fourth quarter of 2018

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ND Paper LLC to Purchase Old Town, Maine Pulp Mill

Expects to restart in the first quarter of 2019

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Oceanwood Completes Acquisition of Norske Skog

Purchase price after adjustments was approximately EUR 236 million

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Resolute to Sell Catawba, SC, Paper and Pulp Mill

Total purchase price of about $300 million

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Valmet Acquires U.S.-Based Enertechnix

Continuing to offer more comprehensive solutions

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Final Word

The Final Word by Helen Roush
The Final Word by Helen Roush

Quality Management

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Operations News

Bäckhammar Mill Ready for Start-up Next Week

Damaged floor drain caused stoppage

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Pro-Gest has to Interrupt Trial Runs at Mantua Mill

Failure to comply with a number of regulations

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Water Shortage Impacts Uncoated Fine Paper Production at Stora Enso's Nymölla Mill

Unable to predict how long the partial downtime will last

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