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Showing 30 articles from February 5, 2019.

Capital Projects

Earnings Announcements
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Departments

The pulp and paper industry is always new
The pulp and paper industry is always new

By last count, I have written more than 1,100 columns about the pulp and paper industry. Yet, every time I sit down to write about the industry, I usually have a fresh topic on my mind or a new angle on an old topic. This week, I am thinking about fires as we witnessed the destruction of Soundview Paper in Elmwood Place, New Jersey and a serious fire at Huhtamaki in Waterville, Maine. These were barely under control before we received the news that a research facility associated with Columbia Pulp in Dayton, Washington burned.

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PM40

The PM40 closed Friday, 1 February 2019, at 3558.

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 1 February 2019 down 21.2% from the 2 February 2018 level.

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Disconnected Comparisons

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

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

ANDRITZ Starts up Modernized Board Machine Successfully at R.D.M. Arnsberg

Start-up was in January 2019 after a delivery time of just eight months

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ANDRITZ to Supply ATMP Line to Kabel Premium Pulp & Paper, Germany

Start-up is scheduled for the final quarter of 2019

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Toscotec's Steel Yankee Dryer TT SYD Starts up at CMPC in Argentina

Start-up was very successful with excellent performance

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Valmet to Replace a Quality Control System at Papelera del Principado, S.A. (Paprinsa), Spain

Continuing to meet customer needs

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Valmet to Supply Automation for Gasum's Liquefied Natural Gas Delivery to Metsä Tissue Mänttä Mill in Finland

System renewal will be delivered in June 2019

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Valmet to Supply Process and Quality Vision Systems to Blue Paper SAS in France

High-speed cameras will monitor critical process areas

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Voith Supplies Complete Production Facility to Krasnokamsk Paper Mill in Russia

High level of automation improves quality, security and efficiency

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Market News of Note

Orchids Paper Products Company Announces Amended Agreement With Its Lenders

The Company's debt obligations has been extended to May 1, 2019

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Major Expenditures

Palm Paper Builds Waste Paper Sorting Plant in King's Lynn

Waste paper storage area will also be expanded significantly

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Zhejiang XSD to Build Cartonboard Mill in Malaysia

The project could generate around 1,300 new jobs

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Mergers & Acquisitions

Boise Cascade Enters into Agreement to Sell North Carolina Plywood Mill to Southern Veneer Products

Expected to be complete in the first quarter of 2019

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Suzano Pulp and Paper Announces Final Approval of Merger with Fibria

Brazil's fourth most valuable company

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Update on Amcor and Bemis Transaction

Transaction expected to close in the second quarter of calendar year 2019

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Western Forest Products Inc. Completes Acquisition of Columbia Vista Corporation

Focusing on business opportunities that complement our position in selected markets

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Final Word

The Final Word by Helen Roush
The Final Word by Helen Roush

A unique safety collaboration

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Environmental

DEC Continues to Investigate Finch Paper Digester Issue

Paper production continues as normal

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Just in....

Historic Marcal Paper Mill Destroyed by Fire

No injuries were reported

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Operations News

Arctic Paper to Close Down CWF Machine in Grycksbo

To be stopped on March 1, 2019

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Canfor Temporarily Curtailing Production Capacity in BC

Due to log supply constraints, log costs and current market conditions

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Conifex Temporarily Curtailing Fort St. James Operations in Q1

Continued high log costs and lumber market conditions

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French Crèvecoeur Security Paper Mill Down

Employees burn paper stocks

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JD Irving Plans To Hire 7,500 People In The Next Three Years

Offering a unique opportunity

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Tolko Lakeview Sawmill Prepares to Recall Workers as Rebuild Nears Completion

Rebuild is on schedule

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WestRock to Close Centennial, Colorado Facility

61 employees to lose their jobs

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