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Showing 31 articles from April 16, 2019.

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 Marja-Sisko Ilvessalo-Pfaffli, who was inducted into the Hall of Fame in 2014.

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PM40

The PM40 closed Friday, 12 April 2019, at 3670.

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 April 2019 down 10.5% from the 13 April 2018 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Sappi and Mercer International.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

ANDRITZ to Supply Biomass Handling System to Eldorado, Brazil for a Biomass Power Plant

Scheduled for the third quarter of 2020

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Culture & Marketing

KaiCell Fibers has Significant Economic Influence in the Province of Kainuu and for Finland - Mill Site Pre-agreement Signed

Project has a very remarkable impact on regional economy and employment

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Market News of Note

ANDRITZ Pulp Drying Line at ALTRI Celbi, Portugal, Achieves New Production World Record

World record at the Leirosa mill, Portugal, on March 23, 2019

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Huhtamaki Blueloop - Next Generation Flexible Packaging Drives for Circularity

Recyclable solutions for flexible packaging product categories

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Pöyry Awarded with Detailed Engineering Services Assignment for a New Paper Machine

To be completed by mid-2019

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Rengo Establishes Matsumoto Plant

To enhance the corrugated board products supply system

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UPM Communication Papers Plans to Reduce Coated Mechanical Paper Capacity in Germany

160 positions would be affected

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Voith MultiFlex Advance and PrintFlex Advance Press Fabrics Enhance Paper Mill Productivity

Used in kraft liner board and other board production

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Joint Venture

BillerudKorsnäs and ALPLA to Join Forces to Pioneer Paper Bottles for a Sustainable Future

Expected to be completed in Q3 2019

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Huhtamaki Starts Flexible Packaging Manufacturing in Egypt

Expected to employ approximately 250 employees

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UPM and Carbodeon Developing Cellulose and Nanodiamond Materials for 3D Printing

Market is estimated to be ~$5 billion by 2020

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Legal

Orchids Paper Products Company Enters Into Option for Asset Purchase Agreement With Orchids Investment LLC

Proposed transaction to be facilitated through Chapter 11

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Major Expenditures

Sodra - Exterior Cladding that Simplifies Building Work

To begin operating in the first quarter of 2020

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Mergers & Acquisitions

CGW to Acquire Lacaux Frères

Transaction is expected to be completed in April

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Heimbach and AstenJohnson to Merge Their PMC Businesses

Expected to be finalized in the second half of 2019

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Lindenmeyr Munroe Division Expands Packaging Business, Acquires Pennsylvania-based Beck Packaging Company

Smooth transition expected with continued expansion

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Triosim Corporation Acquiring MTR Martco LLC

Expanding network of companies

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Valmet has Completed the Acquisition of GL&V

Completed the acquisition on April 11, 2019

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Final Word

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

Watch out for your co-workers

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Operations News

Heinzel Group Achieves Record Results in 2018

Attributable to strong production

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Plywood Deliveries from UPM Chudovo's New Production Line Started

Official inauguration will be in early September

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Rottneros Packaging has Started Manufacturing in New Premises

New factory amounts to approximately SEK 45 million

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Sappi Starts Rebuild of PM 8 at its Lanaken Mill

Back in operation in June 2019

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Upgrading Lines Started at Metsä Wood's Pärnu Mill

Expected to reach its full production capacity by the end of 2019

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WestRock to Close Kimball Facility

Shut down in May will eliminate 61 jobs

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