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The PM40 closed Friday, 11 November 2022, at 5164.

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 11 November 2022 up 5% from the 12 November 2021 level.

In this issue of Disconnected Comparisons, we evaluate Weyerhaeuser and Stora Enso.

ND Paper Mill in Old Town is facing legal trouble after a class-action lawsuit was filed in federal court in Bangor.

Amcor, a global leader in developing and producing responsible packaging solutions, has announced its investment of US$3 million in PulPac, a Swedish company providing disruptive manufacturing technology for low-cost, high-performance fiber-based packaging. Amcor is one of several strategic investors in a cross-industry alliance aimed at driving the deployment of PulPac's technology globally.

The investment in the Kemi bioproduct mill amounts to Euro 1.85 billion and the new mill will start production in the Q3 2023.

Roseburg Forest Products has reportedly begun settlement discussions in multiple lawsuits alleging that its actions caused the fire in Siskiyou County in September.

UPM has officially opened a new combined heat and power (CHP) plant in Germany, bringing the company closer to meeting its ambitious target to decrease its CO2 emissions by 65% by 2030.

Smurfit Kappa has created an innovative and sustainable packaging solution specifically tailored for wine, to help businesses in the sector capitalise on the continued growth in eCommerce wine sales.

Prices will increase 15% or more for shipments on and after the 1st of December 2022.

The Advantage Report gives clients a benchmarked view of performance as rated by their business partners, providing them with valuable data regarding their business relationships' strengths, weaknesses, and opportunities.

Mondi, a global leader in sustainable packaging and paper, has been appointed as the exclusive packaging provider for one of Europe's largest fashion enterprises. Following a product trial earlier this year, Mondi will support MODIVO in switching from the standard rigid packaging currently used in the distribution of the e-retailer's full collection of shoes, bags and clothes.

International Paper was named a leading company on the American Opportunity Index, which uses publicly available data to analyze companies' performance in the areas of worker access, mobility and wage.

Graphic Packaging's solution, developed following its acquisition of AR Packaging in 2021, provides the pharma industry with a versatile packaging serialisation solution that can accommodate longer or more complex coding requirements.

In its 2022 report, LP lays out the programs and initiatives that demonstrate the company's commitment to integrating ESG priorities into business operations and products.

Cascades announces that all of its consumer products packaging manufactured under the Cascades FreshTM, Cascades E-Com Packaging SolutionsTM, Cascades IMGN Retail SolutionsTM and northboxTM brands have been submitted to How2Recycle® for an evaluation of their recyclability potential.

The Swedish company Svenska Kramfabriken set a challenging sustainability agenda when introducing their Green Pledge.

Hygiene and health company Essity extends its partnership with United Nations Foundation by joining the organization's campaign #EqualEverywhere to accelerate progress towards gender equality.

In keeping with its commitment to a waste-free world, Lecta's is continuously seeking innovative solutions based on natural, renewable raw materials to promote a circular economy.

Valmet entered into an agreement on November 9th to acquire the U.S. based NovaTech Automation's Process Solutions business. The value of the acquisition will not be disclosed. The acquisition is estimated to be completed on January 1st, 2023 at the earliest.

Klabin has successfully started up a biomass gasification plant at the Puma Unit, located in Ortigueira/PR, Brazil, with a new biomass treatment line supplied by ANDRITZ.

Andritz has acquired Duro Dakovic Termoenergetska postrojenja (DD-TEP) in Croatia. Terms of the deal weren't disclosed.

ANDRITZ Oy, part of international technology group ANDRITZ, and LUT University (Lappeenranta-Lahti University of Technology LUT) launched an extensive collaboration in the field of fiber technology a year ago.

As more and more companies globally focus on efficiency and sustainability rather than just production volume, leading global technology systems provider ABB provides end-to-end digital solutions for process industries that seek to help organizations automate, optimize and future-proof their operations.

Ms. Emilia Torttila-Miettinen (M.Sc. Eng.) has been appointed Business Line President, Automation Systems at Valmet as of December 1, 2022. She will be a member of Valmet's Executive Team and report to President and CEO Pasi Laine.