Global Paper Money

Earnings Announcements

Fantasy Land

By:

Jim Thompson, CEO

The longer I live, the more I see, the more I am convinced that many members of senior management in our industry (and I suppose others) really do live in a fantasy land. If I could possibly estimate the erroneous decisions, wishful thinking or just plain stubbornness I have seen over the years in our industry in the United States alone, I would place the cost of this waste well over $20 billion, maybe even double that.

PM40

The PM40 closed Friday, 30 March 2018, at 4111.

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 30 March 2018 up 10.7% from the 31 March 2017 level.

Disconnected Comparisons

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

Insider Trading

Reported insider trading since the last issue of PaperMoney.

First ever Valmet-delivered Flash Dryer Started Up at Stora Enso

Project was completed according to schedule and all guarantees fulfilled

Pasaban Successfully Upgrades a High Production Duplex Sheeter

Upgrade was completed in less than 10 days

Valmet Delivering Top Results at Alas Doradas, El Salvador

Main target of the project was to increase the production capacity and save energy

Valmet Receives Orders from Nine Dragons in China

Start-ups are scheduled for 2018 and 2019

Valmet Supplies Baling Line to Metsä Board's Kaskinen Pulp Mill

Start-up is scheduled for the end of 2018

Valmet to Supply a Linerboard Production Line for WestRock

Start-up is scheduled for the first half of 2020

Valmet to Supply a Multifuel Boiler to Kipas Holding's New Paper Mill in Turkey

The start-up is scheduled for March 2020

Valmet to Supply a Warp Control System to Stora Enso

Delivery will take place in late spring 2018

Voith and SEPAC: Successful Partners

Continued trust and respect enable quality and quantity

Voith's MegaPress R

Premium roll covers with optimum sheet release for high paper quality

BillerudKorsnäs Launches its First Climate-Positive Packaging

Sack dissolves during the mixing process

International Paper's Pursuit of Smurfit Kappa May Turn Hostile

Unsolicited cash-and-stock offer of 37.54 euros per share as inadequate

Two Companies Express Interest in Offering to Purchase Carthage Specialty Paperboard Mill

Plant reopened March 18 after it temporarily shut down

Valmet Launches New Chrome Free Yankee Cylinder Metallizing Coating

Prolongs the expected life time of the cylinder

Corenso Announces Investment in a New Multi-knife Cutter

To improve service and quality for customers of its operations in Germany

Sofidel to Build its Second Greenfield Tissue Mill in the USA

To be completed by 2020

Huhtamaki to Strengthen its Labeling Business in India

Expected to close at the end of April 2018

Sonoco to Acquire Highland Packaging Solutions

Transaction is expected to close in the second quarter of 2018

UFPI Signs Agreement to Acquire Certain Assets of North American Container Corp.

Scheduled to close by June 1, 2018

PCA Celebrates Groundbreaking for its New Box Plant

Scheduled for completion later this year

The Final Word

Smurfit Kappa Turns To Bio Fuels And Hybrid Trucks For Lower Carbon Emissions

Quad/Graphics Shutting Down Facility

165 people are losing their jobs

WestRock Announces Plans to Upgrade Saltillo, MS Facility

Expected to create approximately 25 jobs

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Archives

Capital Projects

Departments

Supplier News

Market News of Note

Major Expenditures

Mergers & Acquisitions

Major Announcements

Final Word

Operations News

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