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

The PM40 closed Friday, 17 March 2023, at 4783.

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 17 March 2023 up 0.2% from the 18 March 2022 level.

Reported insider trading since the last issue of PaperMoney.

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 Derek H. Page, who was inducted into the Hall of Fame in 2003.

The new multi-million-dollar ABB Dundalk R&D Centre is at the heart of ABB's automation and digital offering for the sector and will be home to the ongoing evolution of the ABB Quality Control System (QCS).

MM Board & Paper, Austria, has successfully re-started its KM3 board machine at the Frohnleiten mill after ANDRITZ completed a major rebuild.

ANDRITZ's scope of supply comprises the entire key equipment and supervision service for the mechanical installation, commissioning, start-up, and training.

Andritz has successfully completed the start-up of a FibreFlow drum pulping system and reject handling equipment at Asia Honour Paper in Mentakab, Pahang Darul Makmur, Malaysia.

Combined company will allow for expanded markets and additional sustainable solutions.

Metsä Group and Kemira have agreed to jointly develop a new renewable product or raw material related to the forest industry by 2027.

The new PM7 line will add over 60,000 tons to the mill's annual production capacity.

The delivery also includes an extensive package of stock preparation, automation and service solutions.

Cascades is pleased to announce that it has joined the United Nations Global Compact, the world's largest corporate sustainability initiative. In so doing, the Corporation joins thousands of organizations around the world--including 189 in Canada--that are committed to responsible and transparent business practices to create a better world.

Huhtamaki receives a gold medal from EcoVadis on its sustainability performance - for the third year running. Our score places us in the top 4% of over 100,000 rated companies across the globe. It underlines our commitment towards our ambitious 2030 sustainability goals and the continuous progress we are making on this journey. EcoVadis is the world's largest and most trusted business sustainability index.

Essity has - for the fourth consecutive year - been recognized for its leadership in sustainability by the global non-profit environmental organization CDP. The company has been awarded a place on CDP's 2022 Supplier Engagement Leaderboard for successfully working with its suppliers on climate change.

Kimberly-Clark has received this recognition for five consecutive years, honoring Kimberly-Clark's commitment to business integrity through best-in-class ethics, compliance, and governance practices.

The World's Most Innovative Companies is Fast Company's signature franchise and one of its most highly anticipated editorial efforts of the year. It provides a firsthand look at the inspiring and innovative efforts of companies across all sectors of the economy.

Recognition honors companies demonstrating business integrity through best-in-class ethics, compliance, and governance practices.

In addition to this recent recognition, Kimberly-Clark was named one of Barron's 100 Most Sustainable Companies in 2023 and was named to the 2022 Climate Leadership Hall of Fame.

More public buildings and housing in timber - even though they cost more. That's what a lot of Swedes want to see, and a national strategy to increase timber construction in Sweden is now being requested, according to a Novus survey from Södra.

As part of a global objective to enhance the diversity of its workforce, Sappi created this new goal in 2021, which also directly aligns with UNSDG 8, which promotes economic growth and decent work. The 2021 goal for women in senior management positions is 20%, and at year end, we exceeded this goal with 21% of women in senior management positions.

Only 11% of businesses believe they have a robust sustainability strategy.

Sofidel launched its Language Learning Program to help employees improve vocabulary, grammar, pronunciation and reading skills, all based on their personal interests and professional goals.

As Lenzing and TENCEL™ continue to pursue climate neutrality by 2050, TENCEL™ started the year with the introduction of high-value offerings that enhance traceability and transparency for value chain partners and consumers.

Damico has been accused of stabbing another individual at the packaging warehouse following an altercation, as stated in Grundy County court records. Both the victim and Damico were employees at the business.

The findings are the latest issue for the beleaguered mill.

The closure of the Canton paper mill raises questions over whether the Pactiv Evergreen will have to repay some or all of a $12 million state grant it received eight years ago.

Congressman Chuck Edwards had called for an investigation.

According to a press release received Monday by Erin Wilson, director of communications for the N.C. Department of Labor, WestRock Kraft Paper LLC was cited with two alleged serious violations of the Occupational Safety and Health Act of North Carolina with a total penalty of $29,004.

Heinzel Group announces the conversion of an idled paper machine at the Steyrermühl mill in Austria for the production of sustainable kraft papers for flexible packaging. Heinzel will take over the Steyrermühl site from UPM on January 1st, 2024, according to an agreement signed in 2022, and will enter the market with a new range of unbleached and bleached kraft papers shortly thereafter.

The development of the two-lane ring road by RAPP, at the cost of Rp.3 billion, is APRIL's contribution to the Pelalawan Regency Government of a strategic infrastructural asset for the region. The road will alleviate traffic congestion and contribute to the mobility of Pelalawan residents, and in turn boost the regional economy.

"The public deserves much more transparency from Paper Excellence..."

The owner, Pixelle Specialty Solutions, announced last year that it planned to close the mill, which employs 230 people. It cited business and financial challenges compounded by the explosion of a pulp digester in 2020. Last month, the company announced the mill would close weeks earlier than initially anticipated.

Weitzel to succeed Andrew Wamser as company continues to pursue its strategic growth objectives.

It is well known that Jackson Wijaya, the ultimate and sole owner of Paper Excellence, is the son of the current head of APP. In the early days, Jackson benefited from some experience gained from the family business early in his life, as well as support getting his company started. This is hardly a unique or exceptional circumstance. The situation is entirely different today. Jackson operates his Paper Excellence independently. Many stakeholders and regulators - global funding institutions, regulatory bodies and certifiers, among others - have acknowledged this reality. Paper Excellence's acquisition of Resolute was extensively reviewed under the Investment Canada Act.

Södra's new cross-laminated timber (CLT) facility was inaugurated on the west coast of Sweden.

J.D. Irving Ltd. and Twin Rivers Paper Company have 2021 and 2022 assessments cut on two mills.

'A good facility in a good location,' says Canfor Pulp president.

Enviva Inc., the world's leading producer of sustainably sourced woody biomass, is recognized by the Chesapeake Environmental Improvement Council (CEIC) for its efforts to improve the environment and keep Chesapeake, Virginia beautiful.

Essity has made another breakthrough on its journey to net-zero emissions by 2050. In a recently concluded pilot, Essity became the first company in the industry to produce tissue in a CO2 emission-free production process using renewable hydrogen at its production facility in Mainz-Kostheim, Germany.

The report sets out how, as Europe's largest private forest owner with the forest as the core of its business, SCA creates stable and profitable value growth over time. The report also covers SCA's high degree of self-sufficiency and investment programme in northern Sweden and the Baltics.

Mineral graphite is particularly suitable for lithium-ion batteries. Therefore, if EV battery makers are to meet the increasing demand for EVs, a dependable and plentiful supply of specialized graphite is important. But what happens if future demand exceeds supply?

In February, workers here voted down a contract offer paving the way for a possible strike. On Monday, March 13, a union representative said a revised contract was presented and the union workers overwhelmingly said yes to the company's terms.

The plant has an annual capacity of approximately 55,000 tons of specialty paper and has 127 employees.

Successful completion of wet section rebuild by Toscotec; machine glazed PM2 produces specialty papers including MG grades, flexible packaging products.

Clearwater Paper is closing a consumer tissue converting and distribution facility in Thomaston, Ga., in a move that will affect 150 employees who will be given opportunities to seek open positions within the company.

Celgar now says it will curtail production from March 18 to 28.

According to officials, these changes will eliminate around 1,300 positions.

Wisconsin-based packaging firm Quad/Graphics Inc. will close its Leominster, Massachusetts Packaging plant by April 29, resulting in approximately 60 layoffs.

The Sonoco Hutchinson Paper Mill has closed, affecting over 100 employees as a result.