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Showing 30 articles from December 6, 2016.

Capital Projects

Earnings Announcements
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Departments

Economical energy is weakening humans in general and may negatively affect our industry
Economical energy is weakening humans in general and may negatively affect our industry

We all applaud the latest energy saving devices, whether at work or at home. There are many advantages to devices that save labor, reduce the likelihood of injury, and allows us to make products more economically. These devices can perform their functions through clever designs and modern, portable, and economical energy sources. In some ways, though, they are making our employees dumber...

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PM40

The PM40 closed Friday, 2 December 2016, at 3501.

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

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RearView

The PM40 closed 2 December 2016 up 6.2% from the 27 November 2015 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate International Paper and Sappi.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Amusing & Interesting

UPM's Wood-based Diesel in Buses

Works just like the best diesel fuels

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Supplier News

Valmet Receives a Repeat Order from Stora Enso

System optimizes both end product quality and line efficiency

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Voith Boosts Gomà-Camps Tissue Production Capacity

Start-up is scheduled for early 2018

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Market News of Note

Fortress Paper Announces Hemicellulose Separation Project

Project will allow research and development in hemicellulose derivative products

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Palm Paper Expected to Run at Full Capacity Soon

Successful start-up after fire

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Sun Paper Permit Application Progressing

Timetable for construction pushed back to the third quarter of 2017

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Valmet to Adopt 3D Printing Technology

Benefits of 3D printing for pulp and paper mills lie in shorter lead times

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Voith Presents a New Generation of Paper Machines

XcelLine offer fast and easy start-up

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Joint Venture

CelluForce and Fibria Cellulose Sign Agreement

Partnership includes technological, commercial, and financial components

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Major Expenditures

Fortress Paper Announces $19.7 Million Investment

Estimated cost approximately $19.7 million

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Kaicell Fibers to Build New Pulp and Biorefinery Site

Production is planned to commence in 2020

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Mergers & Acquisitions

Canadian Kraft Paper Industries Acquires Manitoba Operations

All current Manitoba employees will transition

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Interfor Completes Sale

Net proceeds will be used to further reduce net debt

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Packaging Corporation of America Completes Acquisition

$100 million acquisition came from available cash on hand

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PRT to Acquire Weyerhaeuser's Cottage Grove Nurser

Transaction is expected to complete in early 2017

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Supremex Announces Acquisition of Durabox Paper Inc.

Continuing to diversify the business

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Twin Rivers to Acquire Burrows Paper Mill Assets

Transaction is expected to close during the 4th quarter of 2016

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Weyerhaeuser Completes Sale

International Paper receives $2.2 billion in cash for cellulose fiber pulp mill

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Major Announcements

UPM Otepää Plywood Mill Rises to World Class

Expansion increases the mill's production capacity

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Rationalizations

Verso Announces Strategic Business Unit Organization

Implementation of each strategic initiative to begin in January 2017

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Restructurings

Clearwater Paper to Close Oklahoma City Tissue Converting Facility

131 employees will be impacted

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Final Word

The Final Word by Chuck Swann
The Final Word by Chuck Swann

Solar power is flexing its muscles in the USA

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Environmental

Kruger Substantially Reduces Particulate Matter Emissions

New equipment has cut emissions by 85%

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Södra Returning Nutrients to the Forest

Ensures long-term production capacity

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