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The PM40 closed Friday, 28 June 2019, at 3277.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

The PM40 closed 28 June 2019 down 19.6% from the 29 June 2018 level.

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

Reported insider trading since the last issue of PaperMoney.

This innovation may affect paper and paperboard in the future.

This innovation may affect paper and paperboard in the future.

Start-up is scheduled for the fourth quarter of 2020.

ANDRITZ has been chosen as the maintenance and service partner for Arauco's MAPA project in Chile.

Processes, such as demand planning, tendering, contracting and purchase transactions, will be simplified and automated by taking into use SAP Ariba solution.

Valmet will supply a board machine rebuild for ITC Limited at its Bhadrachalam Mill in India.

In the project, originally Valmet-supplied paper machine PM 7, which is currently producing fine papers, will be rebuilt to produce high-quality virgin-fiber-based kraftliner grades.

The number of persons affected is 155 and paper machine 10 in Plattling will be permanently closed by mid July 2019.

Sappi and PerfectPattern signed a global strategic alliance in an effort to roll-out AI driven dynamic print planning and ganging technology to print businesses worldwide.

The Brazilian Coalition on Climate, Forests and Agriculture (Brazilian Coalition), which brings together some 200 private companies and entities reaffirmed the partnership with the Brazilian Forest Service (SFB), according to ITTO reports.

In a continuing case of lawsuits levied against the International Paper Co. (IPC) regarding an alleged eruption of "black liquor" at the Bogalusa Paper Mill that plaintiffs claim caused multiple injuries and property damages, a U.S. District Court for the Eastern District of Louisiana judge has denied consideration of a civil court trial for one of the plaintiffs.

Facing an Oct. 30 deadline to complete their merger, printing giants Quad/Graphics and LSC Communications are asking a federal judge to move quickly to resolve a U.S. Department of Justice lawsuit that would block the deal.

The Supreme Court has blocked a citizenship question on the 2020 census for now. But the court opened a path that could still let the question be added.

Vermont announced that its filed lawsuits against DuPont, 3M and other chemical companies for damages it says was caused to groundwater, drinking water and other natural resources by the contamination of a class of potentially toxic chemicals.

More than 400 contractors, as well as newly-hired ND Paper employees, are working hard, testing and retesting equipment and machines to ensure the mill can safely be reopened.

Amcor plc announces it has entered into a binding agreement with Kohlberg & Company, for the sale of three former Bemis plants located in the United Kingdom and Ireland for cash consideration of USD 394 million(€347 million).

BillerudKorsnäs sells 89.9% of Bergvik Skog Öst AB for a price corresponding to an enterprise value of SEK 12.2 billion on a debt free basis.

Biopappel, the largest manufacturer of paper and paper products in Mexico, said that through McKinley Paper Company, its US subsidiary, it acquired 55 percent of the company US Corrugated , Inc and subsidiaries.

Cascades has won the auction to acquire certain of the assets of Orchids Paper Products in proceedings before the United States Bankruptcy Court for the District of Delaware.

The purchase price is approximately $39 million plus the market value of finished lumber and log inventory at closing.

Biopappel, the largest manufacturer of paper and paper products in Mexico, said that through McKinley Paper Company, its US subsidiary, it acquired 55 percent of the company US Corrugated , Inc and subsidiaries.

IT Tech Packaging, Inc. announced that Hebei Baoding Dongfang Paper Milling Company Limited, the major operating entity of the Company, has entered into an acquisition Agreement with Hebei Tengsheng Paper Co. Ltd., pursuant to which Dongfang Paper shall acquire 100% equity interests in Tengsheng Paper and all right, title and interest in and to all assets owned by Tengsheng Paper.

The purchase price is approximately SEK 260 million (€24.2m) on a debt-free basis.

Biopappel, the largest manufacturer of paper and paper products in Mexico, said that through McKinley Paper Company, its US subsidiary, it acquired 55 percent of the company US Corrugated , Inc and subsidiaries.

Vancouver-based Columbia Ventures Corporation has acquired the assets of the shuttered paper mill in West Linn, Ore., entered into a five-year lease to rent the property, and plans to restart operations.

A reception was recently held at Georgia-Pacific's Brewton mill to honor Glen Freeman and his 60 years of service to the facility. Freeman's first day at the mill was June 24, 1959

Rayonier Advanced Materials announced that it is repositioning key members of its senior management team to drive the company's Go-to-Market strategy and accelerate new product commercialization.

Stora Enso plans to consolidate the Finnish spruce (whitewood) production to Varkaus sawmill. The plan includes a permanent closure of Kitee sawmill and production increase to Varkaus.

West Fraser announced their intention to permanently close the Chasm lumber mill and eliminate the third shift from its 100 Mile House lumber mill on June 17.

Oregon's cap and trade bill would have meant job loss and industry downsizing; however, it would have done little to address climate change.

The power savings Clearwater Paper achieved would be enough to power 740 homes in the United States for a year.

Building with wood products like Kerto® LVL (laminated veneer lumber) enables the vitally important change towards sustainable building.

This year, the Mills River facility opted to increase its renewable electricity use from 4 percent to 100 percent.

An Amsterdam-based printing company is cutting 88 jobs in Queensbury and an Atlanta-based packaging company is cutting 57 jobs in Amsterdam, state regulatory notices indicate.

This is due to a significant deterioration in market conditions, in combination with fibre supply constraints and higher fibre costs resulting from recent sawmill curtailments across the BC industry.

Two firefighters had to be rushed to hospital after working to put out a blaze at Port Hawkesbury Paper in Point Tupper, N.S.

The funding was awarded to projects including process development in the pulp industry, recycling textiles and controlling pulpwood flows.

Stora Enso Oyj is working to shield profits from chillier trade winds blowing in the global economy, according to Chief Executive Officer Karl-Henrik Sundstrom.

A logger was injured in a logging accident Tuesday (16 June) on private timberland east of Eugene.