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Showing 34 articles from October 5, 2010.

Reference Library

Earnings Announcements
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Departments

Certainly Not Paper Money
Certainly Not Paper Money
Gold marketers hint at weakened cofidence in global economies and prospects for inflation.
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PM40
The PM40 closed 24 September 2010 at 1696.47, up 1.9% from our last report – 10 September 2010.
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RearView
The PM40 closed 24 September 2010 up 22.1% compared to the 23 September 2009 level.
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Disconnected Comparisons
In this issue of Disconnected Comparisons, we evaluate Temple-Inland, Inc. (TIN) and Bemis Company, Inc. (BMS).
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Insider Trading
Reported insider trading since the last issue of PaperMoney reflects sales of 90,000 shares at an average price of USD 23.14 per share.
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Supplier News

Metso to Supply Tissue Line to Industrie Cartarie Tronchetti
Metso will supply a complete tissue production line to the Italian Industrie Cartarie Tronchetti group.
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Market News of Note

GLV Completes Christ Water Technology Privatization
GLV Inc. has completed the privatization process of Christ Water Technology AG.
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Earnings & Dividends

MeadWestvaco Corporation
MeadWestvaco Corporation will release its third quarter 2010 results on 27 October 2010.
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RockTenn
RockTenn will hold its conference call on 03 November 2010.
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West Fraser Timber Co. Ltd.
West Fraser Timber Co. Ltd. will hold an analysts' conference call to discuss third quarter 2010 financial and operating results on 26 October.
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Corporate Finance

Reynolds Group Holdings Amends Credit Facility to Enable Acquisition of Pactiv
Reynolds Group Holdings Limited announces entry into bank amendment and anticipated funding of Pactiv acquisition.
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UPM Applies for Listing of Stock Options 2007A
UPM-Kymmene Corporation applies for listing of stock option rights 2007A.
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Votorantim Participacoes S.A. Receives Consents for Notes Amendments
Votorantim Participacoes S.A. has received the requisite consents for its 7.875% notes due 2014.
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Labor & Union Actions

U.S. Commerce Deptartment Sets Duty Margins n Coated Paper from China and Indonesia
U.S. Department of Commerce announcement of final antidumping and countervailing duty margins sets out the tariffs that will be applied to unfairly traded imports of coated paper from China and Indonesia.
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Major Expenditures

Ahlstrom Launches A New Sheeting Line For Poster Papers
Ahlstrom, a global leader in nonwovens and specialty papers, has invested in a new paper sheeting line at its Osnabrück plant in Germany.
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M-real to Increase Boxboard Capacity at Simpele Mill
M-real Corporation is planning to increase the annual folding boxboard capacity of Simpele mill by about 80,000 metric tons.
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Stora Enso Invests in Pellet Production In Estonia for Solid Biofuels
Stora Enso is continuing to expand in solid biofuels by investing EUR 10 million.
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Mergers & Acquisitions

Domtar Sells its Woodland, Maine, Market Pulp Mill
Domtar Corporation has sold its Woodland hardwood market pulp mill, hydro electric assets, and related assets.
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International Paper Completes Sale of 163,000 Acres of Real Estate to Figure 8 Partners
International Paper announced today that it has closed the sale of 163,000 acres under contract with Figure 8 Partners, LP.
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MeadWestvaco Sells Media and Entertainment packaging Business to Atlas Holdings
MeadWestvaco Corporation has completed the sale of its global media and entertainment packaging business to Atlas Holdings.
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Pactiv and Reynolds Clear Waiting Period for Proposed Merger
Pactiv Corporation and Reynolds Group Holdings Limited today announced that the waiting period relating to Reynolds Group’s proposed merger with Pactiv has expired.
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UPM and Myllykoski Group Consider Possible Transaction
UPM confirms that it is engaged in discussions with the Finnish publication paper company Myllykoski Group.
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Major Announcements

Ahlstrom Investigates Options for Spunlace Line
Ahlstrom, a global leader in nonwovens and specialty papers, will today start consultations with employees and customers to investigate future optionsfor spunlace line at its Chirnside plant in the United Kingdom.
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Fraser Papers Terminates Agreement to Sell Mill
Fraser Papers Inc. announced today that it has terminated the agreement to sell its paper mill in Gorham, New Hampshire.
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Mondi Syktyvkar Mill to Install Honeywell Control System for Pulping Line
Mondi Syktyvkar mill to use a Honeywell control system for the chemical regeneration plant of a new pulping line.
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UPM Fray Bentos Pulp Mill Schedules Annual Maintenance Shutdown
The annual maintenance shutdown at UPM's Fray Bentos pulp mill in Uruguay is planned to begin 21 October.
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Rationalizations

Canfor to Close Clear Lake Lumber Operation
Canfor Corporation will be permanently closing its Clear Lake lumber operation.
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Freshwater Tissue Shuts Samoa Pulp Mill Permanently
The owners of the Samoa Pulp mill have abandoned plans to restart the plant.
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Restructurings

AbitibiBowater Chapter 11 Plans for Reorganization Approved by Creditors
AbitibiBowater has received the necessary creditor approval for its plan of reorganization.
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White Birch Paper Company Operations Sought by BD White Birch Investment
BD White Birch Investment, LLC has submitted the highest and best offer for the operations of White Birch Paper Company and its subsidiaries.
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Final Word

The Final Word by Jim Thompson
Vending machines for cut paper -- worth a try?
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Environmental

Domtar Unveils "Paper Because" Promotional Campaign
Domtar Corporation is launching an advertising campaign to promote paper use that will appear in major U.S. and Canadian media outlets.
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Mercer International Inc. Completes Turbine Performance Test
Mercer International Inc. today announced completion of an important milestone in the Green Energy Project at its Celgar mill.
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