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Showing 31 articles from October 2, 2018.

Capital Projects

Earnings Announcements

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Departments

Containerboard Capacity

Containerboard Capacity

By:

Jim Thompson, CEO

It seems as though we cannot make enough containerboard these days. What with new mills, converted (mostly from newsprint) mills and rumors of more to come, should we be worried about oversupply? Some analysts are starting to express concern.

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PM40

The PM40 closed Friday, 28 September 2018, at 4083.

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 28 September 2018 up 6.8% from the 29 September 2017 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Graphic Packaging and Sappi.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

PAPELEIRA COREBOARD Acquires a Pasaban BM 2600 Winder

Continuing to meet our commitment to provide our customers with customized solutions

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SVEZA Group and Valmet have Signed a Memorandum of Understanding

Planned greenfield pulp mill project in Vologda Region of Russia

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Valmet Advantage DCT Tissue Production Line Successfully Started up at Velvet CARE's Mill in Poland

Designed to meet tissue producers' challenges of today

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Valmet to Supply New Winding Technology for Papier- u. Kartonfabrik Varel in Germany

Start-up is scheduled for the beginning of 2020

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Valmet to Supply Web Monitoring Systems to Shanying Huazhong Paper in China

To improve and maintain machine productivity

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Voith Asia Awarded Contract for two XcelLine Packaging Paper Machines

Voith supplied a total of nine new paper machines to Sun Paper

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Culture & Marketing

Klabin Announces Construction of Pilot Mill Complex

To be operational in the fourth quarter of 2019

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Market News of Note

Nippon Paper Develops Paper Straws Just as Strong as Plastic Ones

Biodegradable drinking straws as durable as plastic ones

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Valmet Opens a New Spreader Roll Service Workshop in North America

Ready to serve customers in the pulp, paper, board and tissue industries as of October 2018

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Major Expenditures

Amcor Announces US$25 Million Capital Investment, Plans for Workforce Growth

Expansion is expected to result in a close to 50 percent increase in employment at the plant

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Huhtamaki Expanding Paperboard Foodservice Packaging Facility in Hämeenlinna, Finland

Project will be completed in December 2019

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Palm Invests €500 Million at its Head Office in Aalen-Neukochen

Paper mill will be built between 2019 and 2022

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WestRock to Invest $248 Million in Virginia Facilities over 5 Years

Investments will allow the company to effectively compete globally

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Mergers & Acquisitions

Rayonier Advanced Materials Announces Sale of Resins Business

Purchase price of approximately $16.5 million

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Restructurings

Essity Continues the Optimization of its Production in the United States

Converting facility in Bellemont, AZ to close in the second half of 2019

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Final Word

The Final Word by Helen Roush

The Final Word by Helen Roush

By:

Helen Roush, Executive Vice President of Paperitalo Publications

Quality Matters

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Environmental

Burgo Launches EIA for a Waste-to-Energy Plant at the Duino Mill

Employing pyrogasification technology

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Operations News

Canfor Pulp Announces Extended Production Outage at Northwood Pulp Mill

Downtime will be approximately 70-80 days

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Deconsolidation of Venezuelan Operations

Smurfit Kappa Group has been providing goods and services to its customers in Venezuela for almost 65 years

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LP's Wilmington, N.C. Operations Temporarily Shut

Due to Hurricane Florence, no injuries

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McKinley Paper: Mill to be Operating in a Year

Company will begin production at its Port Angeles mill by September 2019

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Metsä Tissue Mänttä Mill Switches to LNG in Tissue Paper Production

To improve the mill's environmental performance

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Sappi North America Announces the Completion of Paper Machine Rebuild

Leading provider of paper-based packaging solutions further diversifies its premier product packaging line with entrance into the paperboard market

Read More »

Sonoco's Hartsville Paper Operations Temporarily Shut

Due to unprecedented flooding from Hurricane Florence

Read More »

WestRock Provides Update of Financial Impact Following Hurricane Florence

Lost approximately 10,000 tons of containerboard production

Read More »

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