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Showing 36 articles from March 1, 2011.

Reference Library

Earnings Announcements
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Departments

Same Old Song -- Energy
Same Old Song -- Energy
Eventual energy solutions may be found in a ray of sunshine.
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PM40
The PM40 closed 18 February 2011 at 2135.73
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RearView
The PM40 closed 18 February 2011 up 38.3% compared to the 19 February 2010 level.
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Disconnected Comparisons
In this issue of Disconnected Comparisons, we evaluate Brookfield Infrastructure Partners L.P. (BIP) and Graphic Packaging Holding Company (GPK).
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Insider Trading
Recent insider trading reflects sales of 132,631 shares at an average price of USD 29.69 per share.
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Supplier News

Andritz to Supply Gasification Plant to Metsä-Botnia’s Joutseno Mill
Andritz has been selected to provide a gasification plant to Metsä-Botnia’s Joutseno mill in Finland.
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Andritz to Supply Major Equipment and Technologies for Two Asian Pulp Mills
Andritz has been awarded orders for the supply of fiber lines and chemical recovery systems for mills in India and Laos.
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Andritz to Supply Pressurized Refining System to Arauco Jaguariaíva, Brazil
Andritz received an order to supply a fiber preparation system for the MDF plant of Arauco do Brasil S.A. in Jaguariaíva, Brazil.
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GE Oil & Gas to Supply Steam Turbine Power to Nippon Paper Mill in Washington
Nippon Paper Industries USA installs a new green energy cogeneration plant at Port Angeles mill.
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Metso to Supply Installation Services to Amcor
Metso will supply installation and commissioning services to Amcor Packaging (Australia) Pty Ltd as part of its new machine project.
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Mitsubishi Electric to Supply Ozone System to Jiangsu Oji Paper
Mitsubishi Electric Corporation has received orders from Jiangsu Oji Paper for ozone systems to be used in facilities producing kraft pulp.
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Vaahto Pulp & Paper Machinery Receives Technology Orders From Union Paper Mills and Asia Paper
Vaahto Pulp & Paper Machinery has received orders from Union Paper Mills in Dubai and Asia Paper in Korean Republic.
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Voith Paper Supplies Quality Control System to Dev Priya
Dev Priya Industries Limited, India, has commissioned Voith Paper Automation for a stepwise upgrade of PM 2.
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Market News of Note

Bioactive Paper Research Receives Added Funding for Bioactive Paper Development
Researchers working to commercialize bioactive paper received a second-term, five-year boost of CAD 7.5-million.
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Earnings & Dividends

Greif, Inc.
Greif plans to release first quarter 2011 results after the market closes 02 March 2011.
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Labor & Union Actions

Catalyst Paper’s Snowflake Mill Renews Labor Agreement
Catalyst Paper announced that the United Steelworkers (USW) Local 2688 have ratified renewal of the labor agreement for workers at the Snowflake mill.
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Major Expenditures

Canfor to Upgrade Sawmills in British Columbia
Canfor Corporation will be proceeding with capital improvement projects totaling CAD 62 million.
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M-real to Expand Folding Boxboard Capacity at Äänekoski and Kyröskoski Mills
M-real Corporation, part of Metsäliitto Group, plans to increase the annual folding boxboard capacity of its Äänekoski and Kyröskoski mills.
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Mergers & Acquisitions

AbitibiBowater to Sell its Ontario Hydro Assets
AbitibiBowater has agreed to sell its 75% indirect interest in ACH Limited Partnership.
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Ainsworth Lumber Completes Acquisition of Footner Forest Products
Ainsworth Lumber Co. Ltd. has completed the purchase of the remaining 50% of Footner Forest Products Ltd.
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Boise to Acquire Tharco Packaging
Boise and Tharco Packaging boards of directors have approved an agreement under which Tharco will be acquired.
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Cascades Sells its Norampac Avot-Vallée Mill in France
Cascades Inc. has reached an agreement with OpenGate Capital, a private equity firm, for the sale of its Norampac Avot-Vallée mill in France.
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Central National-Gottesman Acquires Turkish Paper Merchant
Central National-Gottesman has acquired a 78% ownership interest in Korda Kagit Pazarlama ve Ticaret A.S. in Turkey.
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Meriturn Initiates Agreement to Acquire Katahdin Paper
Meriturn Partners, LLC announced today it has signed a tentative agreement with Brookfield Asset Management to acquire Katahdin Paper Co.
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UPM Raflatac to Acquire Gumtac Labelstock Operation
UPM Raflatac has announced plans to acquire Gumtac,the Brazilian labelstock coating and slitting business of BIC Group.
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Major Announcements

Blue Heron Paper Curtails Operations at Oregon City Mill
Blue Heron Paper Company is permanently curtailing operations at its Oregon City specialty paper mill.
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Graphic Packaging to Close Arkansas Bag Facility
Graphic Packaging plans to close its Jacksonville, Arkansas, multiwall bag facility.
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Mackenzie Pulp Mill Idled by Slurry Spill
Repairs are being made to a tank at the Mackenzie pulp mill that ruptured and spilled slurry in the bleach plant.
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Mercer Completes Preliminary Feasibility Analysis for Dissolving Pulp Production
Mercer International has completed a preliminary feasibility analysis for producing dissolving pulp at its Celgar and Stendal mills.
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Metso Forms Performance Solutions Group
Metso has strengthened its advanced controls groups for chemical pulping, mechanical pulping, and recycled fiber and paper by forming a Performance Solutions Group.
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SCA Inaugurates New Tissue Plant in Mexico
SCA inaugurated its new tissue plant in Mexico.
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Tembec to Permanently Close its Taschereau Sawmill
Tembec will permanently close its Taschereau sawmill in Quebec.
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UPM to Expand its Seedling Production in Finland and Uruguay
UPM is expanding its nursery in Finland and building a second nursery in Uruguay.
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Restructurings

Fraser Papers Implements Restructuring Plan
Fraser Papers Inc. and its subsidiaries announced today that their amended plan of arrangement and compromise has been approved by the courts.
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Final Word

The Final Word by Jim Thompson
I would bet on algae.
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