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Showing 26 articles from March 17, 2015.

Capital Projects

Earnings Announcements
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Departments

The day the ceiling came crashing down
The day the ceiling came crashing down

People often find out the hard way that deferred maintenance is the most expensive money one can save...

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PM40

The PM40 closed Friday, 13 March 2015 at 3469.

16 Mar 15 Get the latest PM40 update by listening to the weekly Nips show by Pulp & Paper Radio International.

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RearView

The PM40 closed 13 March 2015 up 4% from the 14 March 2014 level.

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Disconnected Comparisons

In this issue we evaluate Potlatch Corporation and Stora Enso OYJ.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

Toscotec to Supply Two New Tissue Machines to China

A substantial reduction in energy consumption

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Valmet Receives Order from Holmen

Iggesund mill is one of the most advanced, fully integrated pulp and paperboard mills in the world

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Valmet to Supply OptiConcept M Containerboard Line

Includes complete boardmaking line from headbox to reel

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Market News of Note

Australian Paper Announces Closure of Shoalhaven Plant

The exact timing of the closure is yet to be finalised

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Greif, Inc. Announces Additional Cuts

Goal to improve capacity utilization throughout the Greif network

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Metsä Group Adjusts Production at Kerto LVL Mills

Temporary layoffs concern the whole personnel at both mills

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Resolute Announces Permanent Closure at Alma Paper Mill

Reduction of an annual paper production capacity of 75,000 metric tons

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Joint Venture

GE and Kemira Create Global Alliance

Bringing water technology to the pulp and paper industry

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Labor & Union Actions

Brief Strike at Rock Tenn La Tuque is Over

36-hour strike began on March 6

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U.S. Officials Back Complaint About Imported Paper

Four domestic companies and the United Steelworkers (USW) union against uncoated paper imports

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Mergers & Acquisitions

Georgia-Pacific Concludes Deal

A high-quality asset with a team of talented employees

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Interfor Completes Acquisition

Reinforcing its position as the fastest growing lumber company in the world

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MWV and RockTenn Announce Expiration of Waiting Period

Expiration of Hart-Scott-Rodino waiting period for pending business combination

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SCA Inaugurates First Production Facility in India

SCA has invested SEK150m in the plant in India

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Smurfit Kappa Group to Acquire Grupo CYBSA

The acquisition will further enhance SKG's presence in the region

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Sonoco Signs Agreement to Acquire Majority Stake in Brazilian Flexible Packaging Company

Customer relationships and technical capabilities expected to grow

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Major Announcements

Sappi to Locate Ground-Breaking Nanocellulose Pilot Plant

Nanocellulose has potential to be used in a huge range of applications

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Restructurings

Bong Concludes Restructuring Process in Sweden

A large part of the production volume will be relocated

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Closures/Reductions

Uncoated Freesheet in Freefall
Uncoated Freesheet in Freefall

Australia manufactures about 0.6% of the world's uncoated freesheet (UFS) paper, an amount almost insignificant in the more than 53 million metric tons globally consumed each year. It was therefore surprising to see Australian Paper (owned by Nippon Paper) named and shamed as one of the companies accused of dumping into the US market.

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Final Word

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

The Incredible Shrinking Toilet Tissue Roll

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