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          The Pulp and Paper Industry does not slow down

          In my many decades in the industry, I can seldom remember times when our industry was as active and moving forward as it is now, Covid or no Covid. Perhaps the explosion in tissue growth in the 1970's was comparable, but I even doubt that. A rival could be when China burst upon the modern scene in the 1990's perhaps, but on a worldwide basis, now is about the busiest time I can remember. What's driving this? Several key factors are at work.

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          The PM40 closed Friday, 2 October 2020, at 3015.

          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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          The PM40 closed 2 October 2020 down 0.8% from the 4 October 2019 level.

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

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          Reported insider trading since the last issue of PaperMoney.

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          Just in....

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          Earnings & Dividends

          Market News of Note

          Schweitzer-Mauduit International says it is rapidly increased production of its Alphastar Electrostatic Media product at its Wilson, North Carolina manufacturing facility amid doubled customer demand from the prior year.

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          Supplier News

          Paper manufacturer Steinbeis produces around 300,000 tons of recycled paper every year. But it is operating in a hotly contested market and to continue offering competitive prices and producing paper sustainably, the company is aiming for cost efficiency through digitalization - with SAP HANA.

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          Environmental

          In addition to enabling formaldehyde free coating, the new coating machine will also reduce CO2 emissions by an estimate of 20%, further strengthening Ahlstrom-Munksj?'s position as a supplier of sustainable fiber-based solutions.

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          Amusing & Interesting

          Major Announcements

          Verso Corporation announced that Adam St. John has resigned as President and Chief Executive Officer and as a member of the Board of Directors, effective as of September 30, 2020. The Verso Board of Directors has named Randy J. Nebel, a current member of the Board, as interim President and Chief Executive Officer.

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          Restructurings

          Over the last two years, Domtar has evaluated the merits of repurposing key paper machines as we adjust our white paper production capacity to match our customer demand. That's why we recently announced we are converting our Kingsport, Tennessee, paper mill into the company's first containerboard facility.

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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 2020 | fire, accidents, fatality, disaster, explosion, pulp, paper, industry,

          Incidents in 2020: 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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          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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          Corporate SEC Filings

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

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          Corporate Finance

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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

          The sale of Third Dimension, a 29-year-old packaging company, was officially announced to employees and the media during a press conference on Thursday morning, Oct. 1.

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          Legal

          The United Steelworkers (USW), representing more than 14,000 workers in the forestry sector, are welcoming recent changes to Employment Insurance (EI) that will make it easier for workers to access benefits - at least in the short term.

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          Major Expenditures

          Georgia-Pacific (GP) is building a state-of-the-art gypsum wallboard production facility near Sweetwater, Texas. The new $285 million plant will be located adjacent to GP's existing gypsum plant, and will incorporate state-of-the-art production processes.

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          Operations News

          Firefighters quickly extinguished a fire at a Pratt mill in Travis Tuesday afternoon, Sept. 29.

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          Rationalizations

          Final Word

          The Final Word by Helen Roush

          Let's see if Greenpeace pipes up again...

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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.

          Be safe, and we will talk next week,


          Jim Thompson

          Paperitalo Publications
          The Home of your Prospects (TM)


          Paperitalo Publications LLC

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