Since its launch in January 2010, the Company Watch List uses Industry Intelligence Inc. to report announcements of changes in firm/mill capacity levels due to corporate restructuring, mergers and acquisitions, mill closures, re-openings, installations of new paper machines or pulp lines, and greenfield projects for mills and companies that are reported in CPBIS Mills Online data base.  For a more detailed description of the Company Watch List, please refer to article “Valuable New CPBIS Data Product Now Available” in November 2011 CPBIS Newsletter.

 

December 2013 MoL Company Watch List

NewsDate MoL Company Name Industry Intelligence Announcement
12/31/2013 NIPPON PAPER INDUSTRIES USA Catwalk fire at Nippon Paper's mill in Port Angeles, Washington, extinguished without affecting mill's operation, no injuries or damage reported; fire suspected to be caused by overheated steam pipe that lacked adequate insulation
12/31/2013 PRATT INDUSTRIES Loud noise reportedly caused by rush of steam from Pratt Industries USA's paper mill in Staten Island, New York, does not cause any damage or injuries, but startles local residents
12/24/2013 DMI ACQUISITIONS Former Domtar mill site at Port Edwards, Wisconsin, to be turned into research and business park; US$1M received from state toward redevelopment of 193-acre site under Idled Industrial Sites Redevelopment Program
12/23/2013 UPM-KYMMENE Some Maine paper mills will take downtime to offset high power rates due to shortage of natural gas in New England; Maine paper mills of Huhtamaki, UPM among those expected to be affected this winter, but Verso's mills rely more on available biomass
12/20/2013 EVERGREEN PACKAGING Evergreen Packaging expects to spend US$50M at its Canton, North Carolina, paper mill to meet new EPA rule, which requires replacing mill's two coal-powered boilers with natural gas-fired units by 2016; company seeks state aid of nearly US$15M
12/20/2013 FLORELLE TISSUE Florelle Tissue in Brownville, New York, might get bailout from large paper company in US Northeast, which would pay off about US$630,000 in loans owed to Chase Bank, in return would get 50% stake in Florelle Tissue, says company's president
12/20/2013 LYONS FALLS PULP & PAPER New York-based Applied Biorefinery Sciences receives US$256,960 economic development grant to convert former Lyons Falls Pulp & Paper Mill in Lyons Falls, New York, to a small-scale test site for a future biorefinery that uses wood chips
12/19/2013 LINCOLN PAPER AND TISSUE Loss of a major tissue customer to Indonesian company, not just boiler explosion, led to Lincoln Paper's decision to shut down its two fine paper machines, pulp mill in Lincoln, Maine, says mill official; company files for Trade Adjustment Assistance
12/16/2013 RAND WHITNEY CONTAINERBOARD Fire at Rand-Whitney's containerboard mill in Montville, Connecticut, injures two employees; blaze, which is under investigation, started in paper machine's dryer section during maintenance shutdown on Dec. 11
12/13/2013 LINCOLN PAPER AND TISSUE Lincoln Paper and Tissue's shutdown of two fine paper machines, pulp mill in Lincoln, Maine, 'not permanent,' says company official; about 200 of the mill's approximately 400 workers to be laid off indefinitely, but timing of the layoffs still uncertain
12/12/2013 LINCOLN PAPER AND TISSUE Lincoln Paper and Tissue in Lincoln, Maine, indefinitely idles damaged pulp mill, begins idling two fine paper machines and won't fulfill active orders; company will continue producing tissue as usual
12/11/2013 FORT ORANGE PAPER Castleton Paperboard plans modern paper mill operation at former Fort Orange Paper site in Castleton-on-Hudson, New York, after it completes environmental cleanup, which has been approved by state DEC and will be considered by county legislature Dec. 10
12/11/2013 FORT ORANGE PAPER Environmental cleanup of Fort Orange Paper site in Castleton-on-Hudson, New York, tabled by county legislature, which wants to see final contract before considering it again Dec. 17; contract with Castleton Paperboard includes restarting paperboard mill
12/11/2013 INTERNATIONAL PAPER IP workers who lose their jobs as Courtland, Alabama, paper mill closes offered tuition discounts by two local community colleges; about 300 of the mill's more than 1,100 employees have interviewed for positions at other IP mills, says IP spokesperson
12/10/2013 ROCK TENN Former coal-fired power plant on land owned by RockTenn and adjacent to its containerboard mill in Montville, Connecticut, purchased by national environmental contractor, which intends to demolish power plant, remove hazardous materials, restore site
12/06/2013 GREIF Greif to receive US$350,000 state-local government grant toward company's US$45M semi-chemical corrugating medium paper machine upgrade at Riverville, Virginia, mill; governor says mill will be one of state's 'most important businesses' for decades
12/04/2013 GREIF Greif Packaging plans US$45M upgrade of semi-chemical corrugating medium paper machine at its mill in Riverville, Virginia; project will enhance all sections of paper machine, expected to cut mill's energy use by 10% and boost production capacity by 11%
12/03/2013 INTERNATIONAL PAPER Area businesses brace for looming shutdown of IP's Courtland, Alabama, paper mill, fearing city will turn into 'ghost town;' closure to affect 1,096 mill workers, 5,400 foresters and loggers in region
12/03/2013 DURANGO-GEORGIA PAPER Former workers at Durango-Georgia Paper mill in St. Marys, Georgia, want site sold to industrial or commercial developer, oppose site being sold to residential developer; mill closed in 2002
12/03/2013 NIPPON PAPER INDUSTRIES USA Nippon Paper synchronizes 20-MW GE generator at Port Angeles, Washington, site to grid; US$85M cogeneration project that has been under construction since June 2011 will utilize biomass from local sawmills, log export peelers, forest slash
12/02/2013 INTERNATIONAL PAPER RBC Capital Markets: Trimming IP's price target to US$54 from US$56, but maintaining outperform rating; RBC notes future industrial packaging price hike delayed, but IP's Courtland paper mill shut has more upside than previously forecast

 

 

 

 

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