Global Paper Money

Earnings Announcements

The Risk Conundrum

By:

James R. Thompson, Executive Editor

Issues surrounding the environment and regulations can be summed up in one word: risk. We have become a risk-averse world.

PM40

The PM40 closed Friday, 1 July 2016, at 3257.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

RearView

The PM40 closed 1 July 2016 down 0.7% from the 2 July 2015 level.

Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Sonoco and WestRock.

Insider Trading

Reported insider trading since the last issue of PaperMoney.

Valmet to Replace Automation System in France

The start-up of the new system scheduled for September 2016

Valmet to Supply a Demonstration Scale Plant to Sappi

To explore and optimize the extraction of biorenewable chemicals

Voith Rebuilds Hedemora Disc Filter at Sappi

The disc filter will be well prepared for future increase capacity

Smart Seal Wear Monitoring System from Voith

Reduces machine downtimes and improves efficiency

Stora Enso Evaluates Expansion of Gruvön Mill

The capital expenditure for the expansion is estimated to be in the range of EUR 30−34 million

Cascades Announces Closure of its Auburn Plant

Will end production on July 8 and will close its doors on July 15

Weyerhaeuser to Close Columbia Falls Lumber Mill

Approximately 100 positions will be eliminated

WS Packaging Group to Close Elk River Facility

Customers will continue to be served

Klabin Inaugurates its New Pulp Mill in Paraná State

Puma Unit is the largest investment ever in the company's 117-year history

VPK Continues Investment in Latest Printing Equipment at Rigid

VPK has invested heavily to continuously improve services for its growing customer base

DS Smith Plc has Reached an Agreement to Acquire Gopaca

Located near Porto, Portugal and employs 135 people

Fortress Paper to Sell Lebel-sur-Quevillon Pulp Mill and Sawmil

Purchase price of $15.36 million

Holmen to Sell its Newsprint Mill in Madrid

International Paper will convert the mill into recycled containerboard production

International Paper Completes the Sale of Two Previous Transactions

The sale of its corrugated packaging business in China and the acquisition of the Holmen Paper Madrid Mill in Spain

KapStone Acquires Central Florida Box

Kapstone is the largest kraft paper producer in the United States

Pope Resources Announces Timberland Acquisition

7,300 acres of timberland in western Washington for $31.9 million

Sale of UPM Schwedt Mill

UPM's Schwedt mill sold to LEIPA Georg Leinfelder GmbH

SCA to Close Tissue Production Plant

Production will be discontinued in July 2016

New Lignin Operation in Florida in Final Phase of Approval

Cost of construction of the lignin plant is expected to be $135 million

Södra Focuses on Enhanced Competitiveness

Structural changes in its sawmill and planing operations to strengthen the company's long-term competitiveness

Verso's Plan of Reorganization Confirmed by Bankruptcy Court

Emergence from bankruptcy expected by end of July

The Final Word by Chuck Swann

By:

Chuck Swann, Senior Editor

The fight for that last sheet of toilet paper

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Archives

Capital Projects

Departments

Supplier News

Culture & Marketing

Market News of Note

Major Expenditures

Mergers & Acquisitions

Major Announcements

Restructurings

Final Word

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