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The PM40 closed Friday, 2 August 2019, at 3010.

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 2 August 2019 down 26% from the 3 August 2018 level.

In this issue of Disconnected Comparisons, we evaluate PCA and WestRock.

Reported insider trading since the last issue of PaperMoney.

Often, mills or whole companies are lost because the management was too cheap and lacked creativity. Being cheap about your business in the long term means you do not innovate, you do not invest in your people, you do not invest in your brands. Do this long enough and you are dead

Start-up is scheduled in 2022.

Huhtamaki has launched its new compostable Bioware Impresso double walled hot cup.

Smurfit Kappa has developed a new e-commerce packaging solution for Enjoy Flowers, a brand of Colombian flower grower Jardines de Los Andes.

The product, in addition to bringing unique features such as greater absorption and liquids retention, greater comfort and discretion for the end user, also presents good environmental performance.

This new product line offers reverse osmosis (RO) membrane element manufacturers improved performance when casting membranes.

Canfor Corporation announced further capacity reductions at two of its British Columbia sawmills with an indefinite curtailment at its Mackenzie sawmill and the permanent elimination of one shift at its Isle Pierre sawmill.

Canfor is extending the curtailment at the Taylor pulp mill into September.

Stora Enso has initiated feasibility studies for a possible cross laminated timber (CLT) unit in connection with its Ždírec mill in the Czech Republic and a new construction beam unit to be located at the Ybbs mill in Austria.

As a result of the temporary and permanent curtailments of production announced to date, West Fraser expects lumber production in 2019 to be at least 600 million board feet lower than 2018.

Stora Enso has signed an agreement to divest its 60% equity stake in the Dawang Mill in China, to its joint venture partner, Shandong Huatai Paper.

Australia's consumer watchdog is appealing against a Federal Court decision that found the makers of so-called flushable wipes did not mislead their customers.

An employee is filing a class action lawsuit against a Wisconsin-based specialized packaging company, alleging it breached information privacy law by making workers scan their fingerprints when punching in and out of work shifts.

A town councillor in Fort Frances wants the provincial government to reveal the details of an agreement the previous Liberal government struck with Resolute Forest Products.

Food and drinks suppliers could get a worse deal on their packaging if DS Smith sells part of its business to Liqui-Box, the competition watchdog has found.

The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) cited Graphic Packaging International LLC - an Atlanta, Georgia-based paper product manufacturer - for exposing employees to hot steam, and failing to ensure the use of proper hazardous energy control methods.

As part of a $57.5-million plan, Domtar will implement new equipment and processes to commercialize its 'Stealth Fibre Technology,' which will produce stronger paper and allow for the production of innovative products that could replace single-use plastics when it comes to things like medical packaging and food wrap.

UPM has today made the investment decision to construct a 2,1 million tonne greenfield eucalyptus pulp mill near Paso de los Toros in central Uruguay.

Graphic Packaging Holding Company announced it has reach an agreement to buy Artistic Carton Company, a package manufacturing company, for an undisclosed amount.

Sappi Limited announced that it had signed an agreement to acquire the 270,000 tpa Matane high yield hardwood pulp mill from Rayonier Advanced Materials for US$175 million.

The new owner of the Old Town pulp mill has hired 130 workers and expects the reopened facility will begin producing pulp by August, a major turnaround for a plant that shed nearly 200 jobs when it closed in 2015.

LSC Communications Inc and Quad/Graphics have terminated their $1.4 billion merger, a month after the U.S. Justice Department filed a lawsuit to block the deal, the companies said.

Sonoco announced its Board of Directors has approved the termination of the Sonoco U.S. Pension Plan for Inactive Participants effective September 30, 2019.

The Town of Fort Frances wishes to confirm for all of its citizens, stakeholders, and regional partners that the properties comprising the pulp and paper mill in Fort Frances have been sold by Resolute Forest Products.

The small community of Fort St. James, B.C., has declared a state of local financial crisis in the wake of the closure and recent sale of its largest sawmill.

More than 200 staff at the facility, which produces Huggies nappies, were told they would lose their jobs earlier this year.

Packaging and paper group Mondi said it had completed the simplification of its dual-listed structure into a single holding company after terminating arrangements between Mondi and Mondi Limited.

The Pulp Rats are back!

Asia Pulp and Paper (APP), a subsidiary of diversified conglomerate Sinar Mas Group, has announced that it is stepping up efforts to fight forest and bush fires in its concession areas in anticipation of the dry season.

Together with the Paper Straw Co, BillerudKorsnäs has developed the first functional 180° U-Bend straw, made out of paper.

PotlatchDeltic Corporation announced effective Thursday, July 25, 2019, that no campfires or open burning will be allowed on its property in the State of Idaho due to increasing fire danger in the region.

Tetra Pak has announced that customers have started field testing​ its paper straws for beverage products in Europe.

Metsä Fibre, part of Metsä Group, started the environmental impact assessment (EIA) process in May 2019 for the bioproduct mill planned to build in Kemi, Finland.

Officials have given the all clear regarding the bomb threat Monday at the Georgia Pacific facility west of Quanah and Loop 285 has been reopened.

At a meeting earlier this month there was speculation on the fate Canfor's Vavenby mill site, and though a representative of the company said it will not operate as a sawmill again, there were suggestions made on how the site could be repurposed.

Michael Orye, Executive Vice President, Fiber Packaging and a member of Huhtamaki Global Executive Team has decided to leave Huhtamaki to pursue other career opportunities.

Conifex Timber Inc. has taken the decision to temporarily curtail its Mackenzie, British Columbia, Canada, sawmill operations for two weeks commencing July 29, 2019, due to continued high log costs and lumber market conditions.

Crews with the Putnam County Fire and Rescue Department (PCFR) are working to determine what caused an incident at a paper manufacturing mill in Putnam County on Wednesday, July 17.

The Brooks County Fire Department says the Rayonier Chip Mill suffered major damage in a Sunday morning fire.

Kamloops Fire and Rescue crews assisted crews from Domtar to fight a smoldering fire just west of the Mission Flats landfill Thursday (July 1).

Some workers at Georgia-Pacific's Palatka mill took refuge Wednesday after a toxic gas leak at the facility.

A worker was killed and seven were injured in a gas pipeline explosion at Partex Paper Mill at Rupganj in Narayanganj.

SCA has appointed Katarina Nilsson new Senior Vice President Legal Affairs and General Counsel.

A packaging company has revealed more information about a fire which destroyed 30 tonnes of paper.

Stora Enso is investing Euro 10 million to build a pilot facility for producing bio-based carbon materials based on lignin.

On Tuesday, Tolko informed its Kelowna employees that it would be taking downtime between August 6 and September 15.

Two people were hurt at a LSC Communications facility and sent to the hospital.

Western Forest Products Inc. ("Western") announced a temporary curtailment at its Ladysmith sawmill in Canada in part due to action taken by the United Steelworkers Local 1-1937 ("USW") which has impeded log supply to the mill.

A northwest Louisiana coroner says a 43-year-old man has died of injuries from an industrial explosion late last month.