Between controversies over pricing and major mergers, containerboard is entering some very interesting times. The Smurfit Kappa and WestRock pairing (some say merger, some say takeover) and the International Paper purchase of DS Smith are going to have serious repercussions on the US and European markets.

The PM40 closed Friday, 3 May 2024, at 5517.

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

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

The PM40 closed 3 May 2024 up 13.5% from the 5 May 2023 level.

Reported insider trading since the last issue of PaperMoney.

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

In 2023, North America's net sawmill capacity decreased by 2%, triggered by diminishing lumber demand and past overproduction issues, according to a report by Russ Taylor Global. This trend has led to the permanent closure of nine sawmills and reductions in shifts, particularly in British Columbia (BC) and the US South, where economic pressures have also forced mills to shut down to balance timber supplies.

Doug Wall, Vice President Global Sales, is pleased to announce that Paprima has secured two new strategic international orders for our industry-leading Reel-Jet™ S Water-Jet Turn-Up System.

The Paper Excellence mill in Howe Sound was the company's second B.C. facility in four months that has been penalized for contaminating the environment.

We work in friendly places.

Mativ Holdings, Inc. announced it has appointed Dr. Kimberly E. Ritrievi as Chair of the Board of Directors, succeeding Dr. John D. Rogers, who will continue to serve as a director of Mativ and will assume the role of Audit Committee Chair.

The decision affects 93 employees.

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Incidents in 2024: We are updating this list as these happen in the pulp, paper and forest products industry

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

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

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

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

What they want us to know...

Expected to Achieve Significant Synergies of At Least $514 Million

Visy Board Pty Limited (Visy) was fined $375,000 after the NSW District Court handed down its findings earlier this month.

Two Rivers Lumber Co. LLC plans to invest $115 million to build a state-of-the-art sawmill in Coosa County as the company's second operation in Alabama. Demopolis-based Two Rivers Lumber has committed to creating 130 jobs at the new Alabama sawmill, which will specialize in the production of Southern Yellow Pine dimensional lumber, the Alabama Governor's Office reports.

The Bousbecque plant in the north of France focuses on producing parchment specialty materials. There is overcapacity in parchment and increasing competition. The plant has an annual capacity of approximately 12,000 tons and has 117 employees.

Metsä Group has entered into an extensive cooperation with international technology group ANDRITZ to conduct a pre-study for the first possible commercial mill producing the Kuura textile fiber.

A few weeks ago, it was announced that The European Council and Parliament reached a provisional agreement to make packaging more sustainable and reduce packaging waste in the EU.