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Why is it that we can put men on the moon in 1969 but now, in 2024, we have astronauts stuck on the ISS (International Space Station)? One thing is for sure: you'd better believe multiple experts are working on that problem! And in digging into capital projects, I found multiple experts with over 30 years each in the area of capital projects. And the fascinating thing? Despite being in varying fields they all raised similar points, all salient to the paper industry.

This week, I want to talk about buying equipment and services. The first thing I want to talk about is keeping your relationship with the sellers at arm's length.

"This restroom transcends mere functionality, becoming an essential extension of the guest experience that embodies the restaurant's brand and meticulous attention to detail", said Nadia Di Donato, Vice President, Creative Director of Liberty Entertainment Group/Blue Bovine.

The company said that during July, severe weather conditions led to modestly reduced production at two paperboard manufacturing facilities. In August, an electrical substation was damaged at a third facility, resulting in additional disruption, lost production, and restart costs.

UPM today held a Capital Markets Day in London, United Kingdom. Under the theme 'From transformation to growth', Massimo Reynaudo, President and CEO of UPM, and the other members of the Group Executive Team provided an update on the next phase of UPM's strategy to accelerate growth across its strong business portfolio of renewable fibres, advanced materials and decarbonisation solutions.

Following a thorough review of operating conditions, including the persistent challenge accessing economic fibre, ongoing financial losses, weak lumber markets and increased US tariffs, Canfor Corporation announced the closure of its Plateau and Fort St. John operations located in northern British Columbia. These closures will impact approximately 500 employees and will remove 670 million board feet of annual production capacity from our BC operations.

OPFD officials said that a conveyor belt carrying wood chips caught on fire.

Crews were able to contain the blaze before it got out of the building.

Greif, Inc., a global leader in industrial packaging products and services, announced the opening of its new facility in Pasir Gudang, Johor, Malaysia. This significant milestone marks a new chapter in Greif's commitment to delivering high-quality packaging solutions while contributing to the local economy.

Containerboard production at Norske Skog Golbey in France is expected to start during the first quarter of 2025, previously the second half of 2024.

Sonoco Products Company, a global leader in high-value sustainable packaging, today announced that it has initiated a review of strategic alternatives for the Company's Thermoformed & Flexible Packaging ("TFP") business, a part of the Company's Consumer Packaging segment. Exploring alternatives for the TFP business is expected to accelerate Sonoco's portfolio simplification strategy, improve pro forma leverage and further increase shareholder value.

The installation of the new DD-Washer is a key upgrade to the mill's high-kappa brown stock washing line.

Start-up is scheduled for the fourth quarter of 2024.