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Celebrating all things paper: The wonder and the legacy, continued

Ladies and gentlemen, the first class of inductees to the Paper Industry International Hall of Fame in Appleton, Wisconsin was inducted more than two decades ago in 1995, and today, more than 150 papermaking innovators and legends have been enshrined. This month, we profile Norm Dove, who was inducted into the Hall of Fame in 2015.

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The PM40 closed Friday, 14 February 2025, at 5938.

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

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The PM40 closed 14 February 2025 up 10.3% from the 16 February 2024 level.

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Executive Order Tracker | tariffs, duties, United States, Canada,

The Trump Administration's executive orders cut across dozens of industries. This searchable tool breaks down the orders and their impact.

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Just in....

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NOREXECO

Interview with NOREXECO | NOREXECO,

In this special episode, we talk with Stein Larsen, CEO NOREXECO ASA.

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Market News of Note

The company states: "We continue to experience challenging SBS industry conditions, with supply exceeding demand, but we remain optimistic about the future growth prospects of paperboard packaging. We are taking actions to address the resulting near term margin pressure by reducing fixed costs, including eliminating more than 10% of all positions across the company. These combined actions should deliver $30 to $40 million in cost savings in 2025. While our industry is currently in a down cycle, we continue to invest in our assets to ensure that they remain competitive in the long-run."

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Supplier News

ANDRITZ has acquired LDX Solutions, a leading provider of emission reduction technologies and related services in the North American industrial market, with annual revenues of about $100 million.

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Environmental

Norske Skog Saugbrugs and its insurance company has agreed on a final settlement of all remaining insurance claims related to the rockslide at the Saugbrugs site on 27 April 2023. The settlement amount of NOK 540 million will be jointly covered by the insurance company, the Norwegian Natural Perils Pool and the reinsurers.

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Amusing & Interesting

In your relaxing time are you a spectator or a participant?

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Major Announcements

Sealed Air (SEE) announced that Dustin Semach has been appointed to serve as the president and CEO, effective immediately. Semach will also serve as a member of the board of directors and its executive committee.

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Restructurings

Huhtamaki is separating the Fiber Foodservice Europe-Asia-Oceania business segment into two distinct business segments, Fiber Packaging and Foodservice Europe-Asia-Oceania. The change is expected to take effect as of April 1, 2025, at the latest.

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S & F Arguments

Read the monthly newsletters here or subscribe and have them emailed to you hot off the press!

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Reported Risk

Risks: Fires, Fatalities and Catastrophes in 2025 | fire, accidents, fatality, disaster, explosion, pulp, paper, industry,

Incidents in 2025: We are updating this list as these happen in the pulp, paper and forest products industry

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Closures/Reductions

We are updating this list as these happen in the pulp, paper and forest products industry

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Capital Projects

We are updating this list as these happen in the pulp, paper and forest products industry

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Industree 4.0

Check out the monthly newsletters here or subscribe and have them emailed to you hot off the press!

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Corporate SEC Filings

Pulp and Paper Manufacturers report to the US Securities and Exchange Commission

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Other Corporate News

What they want us to know...

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Labor & Union Actions

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Mergers & Acquisitions

UPM Raflatac has acquired Metamark, a UK-based company to further accelerate its growth in Graphics business. UPM Raflatac's existing Graphics business complemented with Metamark will strengthen UPM Raflatac's overall competitiveness, bring major synergies and make UPM Raflatac a significant player in the fast-growing, high value-added Graphics segment. The Enterprise Value of the transaction is GBP 146 million (approx. EUR 175 million).

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Legal

The state of North Carolina has settled its lawsuit against Pactiv Evergreen, with the company agreeing to repay about half of the $12 million it received for creating jobs at the now-shuttered Canton paper mill..

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Major Expenditures

The company's expansion of its Ackerman sawmill will increase its production capacity from 120 million board feet per year to 300 million board feet per year. To facilitate the project, Southeastern Timber Products will install a new sawmill line, new dry kilns and storage facilities.

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Operations News

Company officials said the contractor was working last month at the Skowhegan mill when he was seriously injured.

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Joint Venture

The world's largest pulp supplier, Suzano, announces a long-term commercial agreement with the AI-powered land use and supply chain management startup, Marvin. Alongside this, Suzano's venture capital arm, Suzano Ventures, has completed a strategic follow-on investment into Marvin, following its initial investment in October 2023.

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Final Word

The Final Word by Helen Roush

Adsorbi, a Swedish startup, announced that it secured €1M to build a pilot plant or its cellulose-based air purification material.

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Wise Advertising

Something to consider...
Something to consider...

Having trouble reaching decision makers?

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The Fine Print

At your service

Permission granted for reprinting, as long as entire articles are reprinted without modification or truncation.

"PaperMoney" is a registered trademark (USPTO Reg. No. 2947381) of Talo Analytic International, Inc.


Paperitalo Publications
The Home of your Prospects (TM)


Paperitalo Publications LLC

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