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Showing 26 articles from March 19, 2013.

Capital Projects

Earnings Announcements
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Departments

Pushing back against Greenwashing
Pushing back against Greenwashing

By pulling out the environment card, companies are using PR spin and deceptive tactics to promote their agenda at the expense of our industry (and, of course, they don’t care). You know that and I know that. But do our neighbors, friends, customers and others know that?

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PM40

The PM40 closed Friday, 15 March 2013 at 2505.

25 Mar 13 Get the latest PM40 update by listening to the weekly Nips show by Pulp & Paper Radio International.

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RearView
The PM40 closed 15 March 2013 up 19% from the 16 March 2012 level.
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Disconnected Comparisons
In this issue we evaluate Grief, Inc. and Mercer International Inc.
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Insider Trading
Reported insider trading since the last issue of PaperMoney.
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Supplier News

Metso-Supplied Tissue Line Successfully Started
Jeesr Industries in Morocco starts up state-of-the-art tissue machine
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Pöyry Awarded Significant Assignment
Pöyry has been awarded an assignment by CMPC Celulose Riograndense
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Culture & Marketing

Metso-Supplied World’s Largest Biomass Gasification Plant
The plant was inaugurated by the Finnish Minister of Labour Lauri Ihalainen on March 11th
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Corporate Finance

RR Donnelley Closes $450 Million Debt Offering
Will use the net proceeds from this offering to partially fund tender offers for up to $500 million aggregate principal amount
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Major Expenditures

China's C&S Paper
China's C&S Paper has brought two new 28,000 tonne/yr tissue PMs for its mill in Jiangmen
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Mondi to Install New Kraft Paper Machine in Štětí
The new paper machine PM 7 is scheduled to come online in the first half of 2014
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Smurfit Kappa UK
Smurfit Kappa UK confirms significant investment in the South West during 2013
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Mergers & Acquisitions

Fortress Paper Agrees to Sell
Fortress agrees to sell Dresden Mill to Glatfelter
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Glatfelter to Acquire Specialty Nonwovens Manufacturer
Glatfelter to purchase Dresden Papier GmbH from Fortress Paper Ltd.
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Interfor Completes Acquisition
Intefor completes the acquisition of Rayonier''s Wood Products
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Wausau Paper and Starboard Reach Agreement
Two new independent directors to join Wausau board
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Major Announcements

Burgo Considering Job Cuts
40 positions might be eliminated at Ardennes in Belgium
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China’s Sun Paper to Enter Tissue Market
the company plans to invest around RMB30m (almost €3.7m) in the installation of its first two facilities
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Clearwater Paper to Close Tissue Converting Facility
Company to consolidate regional manufacturing
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Domtar Inaugurates Commercial Lignin Production
Plymouth Mill to produce bio-material with wide range of industrial applications
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Ilim Group’s New Paper Machine
Ilim Group’s new paper machine made paper for the first time
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Resolute Announces Indefinite Idling
Paper Machine at its Calhoun Mill is idled due to lack of demand
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Suzano Suspends Piauí Pulp Mill Project
Expansion projects suspended for indefinite period of time
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Closures/Reductions

An obituary for two icons

This is not quite the column that I had intended to write. Recent events, one expected and one unexpected, call instead for an obituary for two icons of the Australian industry.

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Final Word

The Final Word by Jim Thompson
Filtering information and portion control
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