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Showing 28 articles from February 1, 2011.

Reference Library

Earnings Announcements
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Departments

Discipline Trumps Size
Discipline Trumps Size
Rock Tenn acquires Smurfit Stone.
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PM40
The PM40 closed 21 January 2011 at 1943.21.
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RearView
The PM40 closed 21 January 2011 up 25.9% compared to the 22 January 2010 level.
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Disconnected Comparisons
In this issue of Disconnected Comparisons, we evaluate Bemis Company, Inc.(BMS) and Fibria Celulose S.A. (FBR).
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Insider Trading
Reported insider trading reflects sales of 10,000 shares at a price of USD 29.00 per share.
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Supplier News

Andritz Receives Fiberline Order for Eldorado Pulp Mill
Andritz has received an order to supply a new fiberline to Eldorado Papel e Celulose Ltda.
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Metso to Supply Biomass Boiler Plant
Metso will supply Porvoon Energia with a biomass boiler plant for combined heat and power production.
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Pöyry Awarded Pulp Mill Engineering Contract in Brazil
Pöyry's Industry Business Group has been awarded a basic and detailed engineering contract by Eldorado Celulose e Papel Ltda.
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Earnings & Dividends

Buckeye Technologies Inc.
Buckeye Technologies Inc. announced that its board of directors declared a regular quarterly cash dividend of USD 0.05 per common share.
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Cascades Inc.
Cascades expects to release fourth quarter and year-end results before the market open on 24 February 2011.
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Deltic Timber Corporation
Deltic Timber Corp. has scheduled a conference call at 10:00 a.m. Central Time on 24 February to review quarterly results.
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Orchids Paper Products Company
Orchids Paper Products Company will release 2010 fourth quarter and full year financial results on 23 February 2011.
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Stora Enso
Stora Enso will record on its operating profit a EUR 21 million negative nonrecurring items in its fourth quarter.
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TimberWest Forest Corp.
Timber West will hold a conference call on 11 February 2011 at 9:00 am (Pacific)to discuss fourth quarter financial results.
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West Fraser Timber Company
West Fraser Timber Co. Ltd. will hold a conference call on 18 February at 8:30 a.m. Pacific Time to discuss fourth quarter 2010 financial results.
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Corporate Finance

Fortress Paper
Fortress Paper Ltd. has entered into an agreement with a syndicate of underwriters
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Kimberly-Clark
Kimberly-Clark Corporation today announced the pricing of a USD 700 million senior note offering.
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Verso Paper Corp.
Verso Paper announces preliminary results of tender offer for certain outstanding debt.
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Legal

Briscoe Law Firm Investigating Smurfit-Stone Buyout
The Briscoe Law Firm, are investigating potential legal claims against the board of directors of Smurfit-Stone Container Corporation regarding the fairness of buyout terms.
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Major Expenditures

Stora Enso and Arauco to Build New Mill in Uruguay
Stora Enso's and Arauco's joint-venture company, Montes del Plata, will build a new state-of-the-art 1.3 million metric tons per year pulp mill at Punta Pereira in Uruguay.
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Stora Enso Wood Products to Build CLT Production Unit in Austria
Stora Enso Wood Products is by constructing a cross-laminated timber production unit in Austria.
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Mergers & Acquisitions

RockTenn to Acquire Smurfit-Stone Container Corporation
RockTenn has reached an agreement to acquire Smurfit-Stone Container Corporation, creating a USD 9 billion leader in the North American paperboard packaging market.
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Major Announcements

Ahlstrom's Plant in Brazil Hit by Thunderstorm and Flooding
Ahlstrom's Louveira plant in Brazil was hit by a thunderstorm and flooded.
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Domtar Celebrates Start of New Turbine Generator
Domtar Corp. celebrated the start-up of its newly installed 50 megawatt biofueled steam turbine generator at its Marlboro mill in South Carolina.
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Orient Paper Completes Installation of Two Energy Efficient Boilers
Orient Paper recently completed the installation of two new energy efficient boilers to replace two old steam boilers.
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Final Word

The Final Word by Jim Thompson
Thank you, loyal readers...
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Environmental

Alberta Newsprint Receives Funding for Resource Conservation Improvements
Alberta Newsprint has been awarded funds to reduce energy and fresh water consumption.
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