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The PM40 closed Friday, 12 July 2024, at 5575.

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 12 July 2024 up 8.3% from the 14 July 2023 level.

In this issue of Disconnected Comparisons, we evaluate Avery Dennison and PotlatchDeltic.

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 Margaret E. Knight.

Whish of these do you understand the LEAST?

Swedish forest industry group Södra has selected international technology group Andritz to supply a complete solution for kraft lignin production to its Mönsterås pulp mill in Sweden.

Raumaster Paper Oy supplied roll handling and roll wrapping systems to MM Kotkamills' factory. The successful scheduling of the extensive project in the current global situation required the right kind of resource allocation and smooth operation in all areas.

Smurfit Kappa Mexico has awarded a significant contract to ABB for the modernisation of its Paper Machine 5 (PM5) board machine at its Cerro Gordo mill, located north of Mexico City.

Valmet has signed an agreement with Graphic Packaging International (GPI) to provide an operator training program that includes a site-specific Valmet Training Simulator for the Waco, Texas facility in the United States.

Valmet and Velvet CARE have a strong history of cooperation, and Valmet has previously delivered two tissue lines to the same mill, starting up in 2018 and 2021.

Ahlstrom is leading the marketplace towards more sustainable, fluoro-free solutions for fiber-based solutions. Today, Ahlstrom extends its innovative fluoro-free technologies into a wide range of industrial air filtration applications to support filter manufacturers in creating products with long-lasting filtration performance without the use of fluorochemicals.

In honor of National Forest Week, International Paper (IP) and longtime partner National Fish and Wildlife Foundation (NFWF) celebrate the collaboration between public and private partners that are essential to supporting robust forests and wildlife throughout the Southeast.

Report highlights a firm commitment to sustainability goals, including greenhouse gas reduction, certifications, enhanced data capturing, and new innovative products.

Annual report showcases significant strides toward 2K30 sustainability goals, underlining an unwavering commitment to the Pregis Purpose.

The new price is valid from August 1, 2024.

The chief financial officer of newly formed paper packaging giant Smurfit WestRock said consumer demand is coming "along nicely" and at similar levels in the second quarter to the growth seen in the first three months of the year.

Smurfit Westrock plc, a global leader in sustainable packaging, is pleased to announce its primary listing on the New York Stock Exchange (NYSE), under the ticker 'SW,' following the completion of the previously announced combination of Smurfit Kappa and WestRock on July 5, 2024.

Eletrobras, Latin America's largest energy company, and Suzano, the world's largest pulp producer, today announce a partnership to study the development of sustainable solutions such as green hydrogen and synthetic fuels. The research will focus on the technical and economic feasibility of utilising natural biogenic CO2 generated as part of Suzano's current production process to manufacture new forms of sustainable fuels.

The Atlas truck has the potential to save up to 8,300 liters of diesel per month and reduce CO2 emissions by approximately 21 tons.

Volpak, a Coesia company, specialized in horizontal form-fill-seal solutions for the packaging industry, and Lecta, a premier European manufacturer and distributor of specialty papers, have embarked on a collaborative project aimed at testing and validating sustainable materials for packaging applications.

The 270,000 square-foot space will be used for increased manufacturing capabilities and streamlined operations. The facility will feature cutting-edge equipment, including a 6-color plus 1-color inside RDC, a litho laminator, and a specialty folder gluer.

Irving Pulp and Paper, a subsidiary of J.D. Irving, Ltd., offered one of its first chances for the public to learn about the proposed $1.1B expansion Thursday at the Lancaster legion branch.

Stora Enso's EUR 1 billion investment in its Oulu mill in Finland is being financed, in part, by a new long-term bilateral loan.

Ansell Limited, a global leader in protection solutions, announced it had successfully completed the acquisition of Kimberly-Clark's Personal Protective Equipment (KCPPE) business.

Agreement emphasizes Hood Container Corporation's continued focus on corrugated packaging operations and includes all Independent II's corrugated, design, and manufacturing operations in Louisville, Kentucky.

The combined firm, Smurfit WestRock PLC, will have standard London listing, surrendering FTSE 100 status.

UPM has signed an agreement on the sale of its 50% stake in the recovered paper sorting plant ASD Altpapier Sortierung Dachau GmbH in Germany, ("ASD") to ROWE GmbH, a company specialized in services, processing and logistics in the field of recovered paper.

In a statement, Lenzing said its CEO Stephan Sielaff would not be renewing his contract with the company's management board, "by mutual agreement" with its supervisory board.

Mats Nordlander, Head of Business Areas Containerboard and Pulp, has decided to leave SCA during 2024. Mats Nordlander will remain in his role as Head of the both Business Areas until December 31.

The Michigan Strategic Fund board on Tuesday voted to rescind $29.4 million in tax incentives for a $1.06 billion transformation of an Upper Peninsula paper mill after the facility's Swedish owner canceled the project earlier this year.

She is the first woman in the history of Saica as the head of the company.

The U.S. Environmental Protection Agency announced that Clearwater Paper Corporation of Lewiston, Idaho, will pay a combined $367,088 in penalties for failing to properly report releases of hazardous chlorine emissions that occurred in 2019, 2020 and 2021.

Sustainability is core to DS Smith's purpose of redefining packaging for a changing world.

International Paper Company faces nearly $28,000 in state fines for discharging wastewater with unacceptable levels of potential fecal material from its Port Wentworth mill into the Savannah River over a six-month period in 2023, according to an order made public by Georgia environmental officials Monday.

One firefighter was taken to the hospital with heat-related injuries, emergency management said.

Ingevity said it has ended its crude tall oil supply agreement with Georgia-Pacific as part of a review to restructure its performance chemicals business.

Mayr-Melnhof Holz invests in a fully automated modern high-frequency press for the production of glulam standard components at its Olsberg site in Germany.

Metsä Board has announced that the renewed folding boxboard machine installation at its Simpele mill in Finland will take place in late 2025.

The Ontario government is investing $445,252 in a new action centre to help the 180 workers impacted by the closure of Cascades' manufacturing plants in Trenton and Belleville, Canada, connect with services and training they need to get back to work quickly.

KP Tissue Inc.which has a limited equity interest in Kruger Products Inc., is pleased to announce that the 482 unionized employees at its Crabtree plant and Joliette warehouse have ratified a new five-year collective agreement.

History fortunately did not repeat itself Friday, July 5, when a fire broke out at Marcal Paper as an afternoon blaze was extinguished with no injuries.

Firefighters with the Medford Fire Department put out a small fire that sparked at Roseburg Forest Products Tuesday evening, July 9.