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Showing 31 articles from September 7, 2010.

Reference Library

Earnings Announcements
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Rating Agency Announcements

Weyerhaeuser Rated at BB+
Fitch affirms Weyerhaeuser at BB+; outlook negative.
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Departments

Lessons to Share
Lessons to Share
Industry-wide experience in surviving economic fluctuations can benefit your customers.
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PM40
The PM40 closed 27 August 2010 at 1573.90, down 5.3% from our last report -- 06 August 2010.
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RearView
The PM40 closed 27 August 2010 up 15.2% compared to the 28 August 2009 level. Over the same period, the Rydex Equal-Weight S&P 500 Index was up 9.1%.
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Disconnected Comparisons
In this issue of Disconnected Comparisons, we evaluate Sonoco Products Company (SON) and 3M Company (MMM).
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Insider Trading
Reported insider trading since the last issue of PaperMoney reflects sales of 86,002 shares at an average price of USD 21.28 per share and purchases of 472,025 shares at an average price of USD 5.50 per share.
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Supplier News

Andritz to Supply Equipment to P.T. Aspex Mill in Indonesia
Andritz has received an order from P.T. Aspex Kumbong to supply stock preparation components for the Cileungsi mill, Indonesia.
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Metso to Supply a Cartonboard Machine to Lee & Man
Metso will supply a coated cartonboard production line to Lee & Man Paper Manufacturing Co., Ltd.
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Metso to Supply a Pulp Mill to Oji Paper
Metso will supply a greenfield kraft pulp mill to Oji Paper Co. Ltd., to be built in Nantong City, Jiangsu Province, China.
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Voith Paper to Deliver Tissue Line for Mill in Bahrain
Voith Paper delivers turn-key tissue line to Middle East.
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Culture & Marketing

KapStone Paper and Packaging Corporation Qualifies for Biofuel Tax Credit
KapStone Paper and Packaging Corporation approved as producer of cellulosic biofuel.
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Earnings & Dividends

Greif, Inc.
Greif, Inc.today announced plans to release third quarter 2010
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Weyerhaeuser Company
Weyerhaeuser Company today announced the preliminary results of the shareholder election relating to a special dividend.
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Corporate Finance

Tembec Inc.
Tembec Inc. announced today that it has completed its previously announced private offering of USD 255 million in aggregate principal amount of 11.25% Senior Secured Notes 
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Labor & Union Actions

Ainsworth Lumber Co. and Unions Reach Labor Agreements
Ainsworth announces new labor agreements with unionized workers at Barwick and 100 Mile House mills.
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Western Forest Products and United Steelworkers Agree on Contract
Western Forest Products Inc. has ratified a new four year labor contract with the United Steelworkers union.
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Legal

AbitibiBowater Reaches Settlement on Appropriated Assets in Canada
AbitibiBowater today announced a formal settlement agreement with the Government of Canada regarding appropriated assets.
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Orient Paper's Alleged Financial Misstatements Under Investigation
The law offices of Howard G. Smith are investigating alleged claims against Orient Paper, Inc.
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Major Expenditures

Fibria Invests in Forming the Três Lagoas Forest Base
Fibria has resumed its growth trajectory and announces new investment for the formation of a forest base.
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Millar Western's Fox Creek Project on Schedule
Construction has progressed rapidly and is on schedule for a late 2011 start up at the Fox Creek saw mill.
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Mergers & Acquisitions

Amcor to Sell its Tobepal Operations in Spain
Amcor announced has reached an agreement to sell its Tobepal operations in Spain.
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Hadera Paper Seeks to Acquire Shares of Carmel Container Systems
Hadera Paper Ltd. is commencing a tender offer to purchase 186,704 ordinary shares of Carmel Container Systems.
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Pactiv to be Acquired by Reynolds Group Holdings Limited
Pactiv Corporation today announced it has entered into a definitive merger agreement to be acquired by Reynolds Group Holdings Limited.
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Stora Enso Divests Mill Real Estate in Germany
Stora Enso Baienfurt GmbH has signed an agreement to divest its Baienfurt mill property in Germany.
site real estate
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Major Announcements

Ahlstrom Increases Coating Capacity at Facility in Brazil
Ahlstrom recently announced the completion of an investment to increase the speed at its Jacareì plant in Brazil.
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Tembec Permanently Closes its Pine Falls Newsprint Mill
Tembec today announced the permanent closure of its newsprint mill located in Pine Falls, Manitoba, Canada.
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Restructurings

The Newark Group Emerges From Chapter 11
The Newark Group, Inc. today announced that it has emerged from Chapter 11 bankruptcy and completed a successful reorganization.
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Final Word

The Final Word by Jim Thompson
Here at Paperitalo Publications, we are working hard to provide new (and, importantly, helpful) format and content for you.
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Environmental

Jornal do Brasil Becomes 100% Digital Newspaper
Starting 01 September 2010, Jornal do Brasil will become the first 100% digital newspaper in Brazil.
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Tembec Supports Proposed Ontario Energy Program
Tembec today indicated its full support for an energy conservation program announced earlier today.
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