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Showing 25 articles from October 15, 2013.

Capital Projects

Earnings Announcements
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Departments

Stamps, paper, presses and unintended consequences
Stamps, paper, presses and unintended consequences

What you and I understand, but others apparently do not, is that in some instances, raising prices does not solve problems – it is not a quick fix.  In fact, it almost always makes matters worse with unintended consequences...

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PM40

The PM40 closed Friday, 11 October 2013 at 2846.

4 Nov 13 Get the latest PM40 update by listening to the weekly Nips show by Pulp & Paper Radio International.

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RearView

The PM40 closed 11 October 2013 up 33% from the 10 October 2012 level.

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Disconnected Comparisons

In this issue we evaluate Rayonier Inc. and UPM-Kymmene Corporation.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

ANDRITZ to Supply Two Tissue Machines to Japan

Shin-Ei Paper, Japan receives tissue machines

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Culture & Marketing

Honeywell To Provide Technology

Russian North Star Pulp Industrial Complex LLC receives technology from Honeywell

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Tembec Launches Land Sale Initiative

Tembec sells approximately 1,875 hectares of land

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Market News of Note

UPM Fray Bentos Mill Increases its Annual Pulp Production

The decision demonstrates the State of Uruguay’s continuing support

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Major Expenditures

GP's Lumber Operations Receives Investment
Georgia-Pacific focuses on long-term business planning
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Mergers & Acquisitions

Cenveo Completes Sale

Custom Envelope Group to Ennis, Inc. is completed

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Norske Skog Divests its Operations in Thailand

Improvement to Norske Skog's financial position

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PCA and Boise Announce Early Termination

Federal Trade Commission has granted early termination of the waiting period

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Sofidel Grows in the UK

Sofidel acquires NTG Papermill Limited in Lancaster area

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Stella-Jones Announces Execution of Definitive Agreement

Wood treating facilities in Oregon, Nevada and Arizona to be acquired

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UPM Completes Sale

Groupe FP Bois will continue wood processing at the Aigrefeuille mill

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Major Announcements

EACOM Announces the Reopening of Sawmill

Ear Falls sawmill to reopen in 2014

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Fortress Paper Provides Mill Operational Update

The FSC Mill will operate as a "swing mill"

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Norske Skog Walsum to Idle Paper Machine

Plans to create a better balance between demand and supply

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Sappi Fine Paper Europe to Determine Future of its Nijmegen Mill

Action is required in response to market conditions

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UPM Plans to Reorganise its Head Office Activities

Head office will be relocated from Helsinki to Augsburg

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Restructurings

Burgo to Temporarily Lay off 150 Workers

Sora's temporary  layoff is due to weak market demands

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Closures/Reductions

IPPC report and the pulp and paper industry

The Intergovernmental Panel on Climate Change released a major report on the issue in September, along with a “Summary for Policymakers.” Contrary to the impressions that many people have gained from the media over the past few months, these two reports are far from the last word on the climate change issue...

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Final Word

The Final Word by Rory Ryan
The Final Word by Rory Ryan

An ounce of prevention is worth a pound of cure

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