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

The PM40 closed Friday, 16 June 2023, at 4976.

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 16 June 2023 up 19.5% from the 17 June 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 Jori Eino Pesonen, who was inducted into the Hall of Fame in 2011.

Everyone talks to their customers...

Dan-Web is a leading supplier of a wide range of technologies for the production of airlaid nonwovens. This acquisition further extends and strengthens Andritz's product and service portfolio in the field of nonwovens.

Start-up is scheduled for the fourth quarter of 2023.

Commissioning of the new system is expected in 2024.

The new system installed at Shandong Hechuang Paper is a 650 BDMT per day OCC line designed to efficiently produce high-quality containerboard.

JD Irving, Limited purchases a MiCROTEC CT Log for installation in its veneer sawmill, located in St. Leonard, New Brunswick, Canada.

Roseburg Forest Products, a wood-based panel producer, has selected Siempelkamp, a German machinery supplier, to provide equipment for its upcoming Medium Density Fiberboard (MDF) plant.

Valmet has developed Valmet Brown Stock Analyzer to complement its online pulp quality analyzer family. The analyzer provides high analysis frequency for digester and brown stock washing control in kraft pulping.

The delivery is scheduled for October 2023.

The aim is to develop the process to separate lignin from black liquor in pulp production and to further process it for new end-uses.

The companies will collectively establish and contribute a total of $1.185 billion to a settlement fund.

The City of Kalamazoo and Gov. Whitmer are among many entities and individuals listed in the suit, which demands hundreds of millions of dollars in compensation.

Previously, a motion by the company to dismiss a class-action suit in August 2022 was dismissed.

DS Smith Cartogal packaging plant located in the town of A Pobra do Caramiñal, in Galicia, Spain, will soon see an increase in size, production and storage capacity after a milestone investment of Euro 11.35 million.

Georgia-Pacific is embarking on a $18 million upgrade that will modernize the Camden Plywood plant and help increase efficiency.

The mill's annual production capacity is approximately 160,000 cubic metres, which represents a 50 per cent increase in the company's total Kerto LVL capacity.

The plant's construction commenced in January 2023.

Smurfit Kappa has operated in Mexico since 1957 and has had a presence in the northern Baja California region for over 10 years.

The agreed price for the company is US$40 million.

UMC Print has been a leading trade-only printer and provider of commercial printing services since 1936.

Essity began work in April 2022 to exit the Russian market and in 2022 an impairment was carried out of the company's assets in Russia of approximately SEK 1.7bn.

The acquisition will expand plant operations, manufacturing capabilities, and increase market share for Mercer Mass Timber and parent company, Mercer International.

It was reported on Monday Mondi said it terminated a 95 billion rouble ($1.17 billion) deal to sell its largest plant in Russia to an investment vehicle owned by Russian billionaire Viktor Kharitonin due to a "lack of progress" in getting approvals.

ArborGen Inc, the largest global supplier of tree seedling products for the forestry industry, is pleased to announce the appointment of Justin Birch as president and chief executive officer. Mr. Birch succeeds Andrew Baum, who will retire on June 19th but will continue in a consulting capacity to facilitate a seamless leadership transition.

Klabin starts up paper machine 28 (PM28) of Puma II Project in Ortigueira, Paraná, Brazil. Equipped with advanced technology, the machine was designed to produce more resistant and higher quality paperboards, especially for the food and beverage segments.

UPM made its decision to invest in the Paso de los Toros pulp mill in 2019.

The decision affects all 198 employees in the site.

The closure will take place during the fourth quarter of 2023 and affect 89 people, of whom 50 will be made redundant.

Stora Enso has announced further restructuring plans that will result in layoffs of a total of 1,150 its employees.

Rayonier is pleased to announce that Dan Roach, director of public affairs, recently received a 2021-2022 U.S. Fish and Wildlife Service Regional Director's Honor Award for his work with the Southeast Forest Landowner Group. The group was named Private Landowner of the Year (Group) for their significant contribution to gopher tortoise conservation.

An agreement in principle was reached between the management and the union of Kruger Wayagamack, in Trois-Rivières, late Monday evening. About 250 employees have been on an indefinite general strike since June 1.

After over a century of service providing the town with thousands of jobs, the Canton paper mill sounded its final bell May 24, signaling the permanent closure of the iconic site.

Graphic Packaging will begin to close permanently its Auburn site later this summer, according to a notice filed with the Indiana Department of Workforce Development.

As a precaution, a part of the mill was evacuated.

The closing of LSC Communications in Warsaw, Indiana will impact over 500 workers.

Western Forest Products Inc. announced plans to temporarily reduce its lumber production over the next month by approximately 19 million board feet due to weak market conditions.