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Showing 40 articles from November 6, 2018.

Capital Projects

Earnings Announcements
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Departments

Innovation and Strategy
Innovation and Strategy

We designate November "Innovation and Strategy Month" here at Paperitalo Publications. You will see articles on these subjects throughout our work this month. I almost said "this subject" in the last sentence, for I believe they must be linked. Innovation without a properly vetted strategy is a disaster.

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PM40

The PM40 closed Friday, 2 November 2018, at 3691.

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 2 November 2018 down 7.2% from the 3 November 2017 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate International Paper and UPM Kymmene.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

ANDRITZ to Supply Major Pulp Production Technologies and Key Process Equipment for ARAUCO's MAPA Project in Chile

Start-up is scheduled for the first quarter of 2021

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Cellwood to Upgrade Deinking Line at Colombiana Tissue

Delivery will take place in early 2019

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Start-up of Two XcelLine Packaging Paper Machines for Sun Paper Set Record

Total of nine paper machines installed from Voith

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Toscotec Enters the Japanese Market with Two Tissue Lines for the Marutomi Group

Scheduled for start-up respectively in the first and second half of 2019

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Toscotec to Supply one AHEAD-1.5S Tissue Line on a Turnkey Basis to C.A.S. Paper Mill in Thailand

Start-up for the first quarter of 2020

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Valmet Gets Repeat Order for a Process and Quality Vision System from BillerudKorsnäs in Skärblacka, Sweden

Start-up was in August 2018

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Market News of Note

Klabin Conducts Tests to Resume Exporting Rolls Through Breakbulk Shipments

Transported around 15,000 tons of pulp and 800 tons of paper

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Pratt Celebrates 3 Years of Paper at Valparaiso, Indiana Mill

Workers were treated to a steak lunch on the anniversary

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Update on Mondi's Investment in New 300,000 Tonne Kraft Top White Machine in Slovakia

Start-up expected towards the end of 2020

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Joint Venture

Tolko Announces Joint Venture in Mississippi Lumber Mill

Mill employs 150 people

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Major Expenditures

DS Smith Plans $106 Million Facility in Lebanon, Indiana

Expects to hire 140 full-time employees

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Holmen is Investing in Increasing Production at Braviken Sawmill

Expected to come into operation in 2020

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Lee and Man Paper Expands into Malaysia

Expected to create about 1,200 jobs

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Resolute Investing $40 Million in its NW Ontario Operations

Creation of 25 new jobs

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Smurfit Kappa Breaks Ground for New Recovery Boiler

Part of a €134 million investment in Nettingsdorf

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Visy to Open New $99M Cardboard Plant in Truganina

Will create 85 new jobs

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Mergers & Acquisitions

Ahlstrom-Munksjö Completes the Acquisition of Caieiras

Purchase price of about EUR 98 million

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Glatfelter Completes Sale of Specialty Papers Business

Cash proceeds were approximately $323 million

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Judge OKs Carthage Specialty Paperboard Mill Sale

Employs about 70 people

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ND Paper Completes Acquisition of Old Town, Maine Pulp Mill

Expects to restart in the first quarter of 2019

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Smurfit Kappa to Expand its Southeast European Footprint with the Acquisition of the Largest Integrated Packaging Business in Serbia

Transaction will complete by year end

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Stora Enso Acquires Swedish Cellulose Technology Company

Continuing to broaden application development

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U.S. Department of Justice Clears WestRock's Acquisition of KapStone

Pending acquisition to close on November 2, 2018

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UFPI Affiliate Purchases Milwaukee-based Supplier of Custom Packaging, Pak-Rite, Ltd.

Expands the company's capacity in custom packaging solutions

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Restructurings

Downtime at Kimberly Clark Tissue Plant in France Due to Strike

Plant might be sold or closed

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Final Word

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

Industree 4.0

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Operations News

Ahlstrom-Munksjö Plans to Significantly Improve the Competitiveness of its One-side Coated Business

Consultation processes are expected to be completed in January 2019

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Brattleboro, Vermont Neenah Paper Facility Closure

Closure to leave 100 out of work

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Canfor Temporarily Curtailing BC Operations in Q4

Expected to reduce production output by approximately 10% throughout the quarter

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Interfor to Take Downtime in BC Interior

Due to a combination of declining lumber prices and escalating log costs

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Mondi Closing Louisville Facility

Laying off 100 workers

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Navigator's Figueira da Foz Mill Down Due to Storm Damage

The mill had no supply of water, electricity or telecom services

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Norpaper's PM 6 Restarts with Slight Increase in Capacity

Production of Kraft Top White to start soon

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WestRock Provides Update on Hurricane Michael's Impact

Will return to full production capacity within 30 days

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