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Showing 32 articles from December 4, 2018.

Capital Projects

Earnings Announcements

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Departments

A new concern

A new concern

By:

Jim Thompson, CEO

Traditionally, December is the month we talk about energy. Your only concerns this December regarding energy will be if you produce the stuff, not buy it. The question for producers of any ilk right now is how to make money at these prices. I will give you a new concern, one vital to the worldwide pulp and paper industry...

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PM40

The PM40 closed Friday, 30 November 2018, at 3547.

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 30 November 2018 down 13.9% from the 1 December 2017 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Louisiana Pacific and Weyerhaeuser.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

ANDRITZ Receives Order to Supply Tissue Machine to Berli Jucker Cellox, Thailand

Water system is designed to minimize water consumption

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Fifth Valmet-supplied Advantage DCT Tissue Line Successfully Started up at ICT's Iberica Mill in Spain

New line will add 70,000 tons a year

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Lucart Starts up a Toscotec-Supplied AHEAD-2.0S Tissue Machine at its Porcari Mill

Start-up of this first complete tissue line is a significant accomplishment

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Valmet to Supply a Valmet IQ Steam Profiler to Luzhou Yongfeng Pulp and Paper in China

Delivery will take place in the fourth quarter of 2018

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Valmet to Supply OCC and Containerboard Lines for Mondi SCP Ružomberok in Slovakia

Start-up is expected towards the end of 2020

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Vinda Personal Care (China) Starts Up Two AHEAD-2.0M Tissue Machines Supplied by Toscotec

The two machines will increase the group's annual production by over 60,000 tons

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Market News of Note

Arctic Paper to Close Fine Paper Machine in Grycksbo

Closure planned during the first quarter of 2019

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Smurfit Kappa Develops Paper-based Alternative to Plastic Board Pallet Tops

Pallet top offers a number of benefits

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Major Expenditures

A Prosperous Future for Mondi Bupak and E-Commerce Customers in the Czech Republic

Scheduled for completion in 2020

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Cascades Announce an Investment of US$58 Million in its Wagram Plant in North Carolina

Will be finalized in the first quarter of 2020

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Expansion in Laakirchen: New Production and Office Areas for Voith

Extending production areas by around 3,150 square meters

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Metsä Board Invests in a New Sheeting Line at its Äänekoski Mill

Production is planned to start during September 2019

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Ondulys Gheysens Sheetplant, Located in the North of France, Underwent a Vast Modernization

The infrastructure to be finalized in the first quarter of 2019

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The Westervelt Company Announces Expansion in Region. Alabama-Based Company to Bring New Lumber Mill to Thomasville

Operations to begin in late 2020

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Mergers & Acquisitions

Orora Limited has Acquired Pollock Packaging

Acquired for USD$80.5 million (approximately AUD$110 million)

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Sale of Insolvent Paper Manufacturer Zanders Wrapped Up

Workforce reduced by one third

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Södra Transfers Berg & Berg to Mor-Gerd

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Stora Enso Signs Agreement to Acquire Forest Assets in Bergvik Skog

The transaction to be completed during the first half of 2019

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Suzano Bid for Fibria Wins Conditional EU Regulatory Approval

Will create a company that will lead world pulp production

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Western Forest Products Inc. Announces Acquisition of Columbia Vista Corporation

Expected to close in the first quarter of 2019

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Final Word

The Final Word by Helen Roush

The Final Word by Helen Roush

By:

Helen Roush, Executive Vice President of Paperitalo Publications

onlyPulpandPaperJobs.com

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Operations News

Burgo to Reduce Workforce at Duino and Verzuolo Mills

Around 160 employees to be laid off

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Georgia-Pacific Closing Warm Springs, Ga., Plywood Mill, Affecting 321

Closure will be effective Dec. 17, 2018

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GP's Foley Cellulose Mill Turns Investment Into A Competitive And An Environmental Advantage

Investment is making the mill more energy efficient

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Progroup Starting Up Sheeting Plant in Ellesmere Port

Investment sum is placed at €85m

Read More »

Stora Enso Considering Market Related Downtime at Oulu Mill

During the first half of 2019, could affect 500 people

Read More »

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