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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 150 papermaking innovators and legends have been enshrined. This month, we profile the late Charles Egan, who was inducted into the Hall of Fame in 2017.

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The PM40 closed Friday, 11 October 2024, at 6035.

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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In this issue of Disconnected Comparisons, we evaluate Louisiana Pacific and Stora Enso.

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The PM40 closed 11 October 2024 up 24.1% from the 13 October 2023 level.

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Reported insider trading since the last issue of PaperMoney.

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Just in....

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NOREXECO

Interview with NOREXECO | NOREXECO,

In this special episode, we talk with Stein Larsen, CEO NOREXECO ASA.

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Market News of Note

The New York Stock Exchange will delist Enviva's stock by October 22, marking the final chapter in the company's dramatic fall from a market value of nearly $6 billion in 2022. The wood-pellet producer's financial troubles arose from a failed bet on pellet prices, pushing the firm into bankruptcy and wiping out shareholders.

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Supplier News

SPM has received a strategically important order from Swedish sawmill Södra Wood Långasjö for online systems and wireless vibration sensors for monitoring production-critical equipment.

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Environmental

Pregis® expands its EasyPack® on-demand paper systems portfolio with three curbside-recyclable solutions that will be featured at Pack Expo 2024. These additions strengthen the comprehensive Pregis paper systems portfolio, which supports a wide range of in-the-box applications such as block and brace, cushioning, void fill, and wrapping.

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Amusing & Interesting

I always say never bet against aluminum cans or toilet paper.

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Major Announcements

Ingevity's president and chief executive, John Fortson, has left the maker of specialty chemicals and carbon materials.

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Restructurings

Georgia-Pacific announced it is modifying lumber operations at two of its lumber facilities located in Camden and Prosperity, South Carolina. Over the next couple of months, these sites will be discontinuing lumber production from logs while maintaining plywood core sawing operations. The modification will not have an impact on Georgia-Pacific's plywood facilities located within the same complexes as these lumber operations.

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S & F Arguments

Read the monthly newsletters here or subscribe and have them emailed to you hot off the press!

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Reported Risk

Risks: Fires, Fatalities and Catastrophes in 2024 | fire, accidents, fatality, disaster, explosion, pulp, paper, industry,

Incidents in 2024: We are updating this list as these happen in the pulp, paper and forest products industry

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Closures/Reductions

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

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Capital Projects

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

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Industree 4.0

Check out the monthly newsletters here or subscribe and have them emailed to you hot off the press!

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Corporate SEC Filings

Pulp and Paper Manufacturers report to the US Securities and Exchange Commission

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Other Corporate News

What they want us to know...

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Labor & Union Actions

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Mergers & Acquisitions

Antalis, a European leader in the distribution of Papers, Packaging and Visual Communication, has signed a binding agreement to acquire the assets of Xerox's EMEA paper business. Xerox distributes office paper and digital printing products in more than 40 countries in Eastern Europe, the Balkans, the Middle East, India and Africa.

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Legal

The Washington State Department of Labor & Industries (L&I) has cited and fined a mill operator in Camas following an investigation into the death of a worker who was crushed by a packing machine that had no guards in place to keep people out of harm's way.

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Major Expenditures

Canadian owned and operated Atlantic Packaging Products, Ltd., located in Scarborough, Ontario, Canada, is pleased to announce the opening of its newest manufacturing plant in Hamilton, Ontario. This state of the art facility was developed in response to customer needs, allowing the company to enhance its ability to provide sustainable, high-quality packaging solutions while expanding capacity to support customer growth.

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Operations News

Clearwater Paper Corporation, a premier supplier of bleached paperboard and quality consumer tissue, announced that it temporarily suspended operations at its Augusta, Georgia paperboard facility and its Shelby, North Carolina tissue facility due to the impacts from Hurricane Helene. There was no serious damage to equipment and both facilities are resuming operations.

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Joint Venture

Austrian Lenzing Group invests in Swedish fiber company TreeToTextile to accelerate development of a new renewable and resource efficient cellulose fiber for textile and nonwoven applications.

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Final Word

The Final Word by Helen Roush

Investments in new fossil-free power production

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Wise Advertising

Something to consider...
Something to consider...

Having trouble reaching decision makers?

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The Fine Print

At your service

Permission granted for reprinting, as long as entire articles are reprinted without modification or truncation.

"PaperMoney" is a registered trademark (USPTO Reg. No. 2947381) of Talo Analytic International, Inc.


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