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Showing 38 articles from May 3, 2011.

Reference Library

Earnings Announcements
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Departments

IMF’s Prediction
IMF’s Prediction
Living in a new world?
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PM40
The PM40 closed 22 April 2011 at 2103.452.
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RearView
The PM40 closed 22 April 2011 up 11.3% compared to the 23 April 2010 level.
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Disconnected Comparisons
In this issue of Disconnected Comparisons, we evaluate Deltic Timber Corporation (DEL) and KapStone Paper and Packaging Corporation.
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Insider Trading
Reported insider trading since the last issue of PaperMoney.
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Supplier News

Andritz to Supply Two Pressurized Refining Systems to MDF Producers in Asia
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Fitnir Analyzers Selected to Supply Technology to Tembec
Tembec Pulp Group's Skookumchuck operations has selected Fitnir Analyzers Inc. to control its causticizer processes.
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KGRA Energy Subsidiary to Supply Waste Heat Recovery System to Weyerhaeuser
Weyerhaeuser lumber mill will begin using an 800 kW waste heat recovery system later this year.
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Metso Supplies Upgrades to Phoenix Pulp & Paper Mill in Thailand
Metso will supply upgrades to the Khon Kaen mill of Phoenix Pulp & Paper Company.
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Metso to Rebuild a Relocated Paper Machine for Grupo Unipak in Mexico
Metso will rebuild a relocated fine paper machine for the Mexican Grupo Unipak, S.A. de C.V. PT.
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Metso to Supply Technology to Suzano Pulp Mil in Brazil
Metso will supply key technology to Suzano pulp mill in Brazil.
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Noss to Supply System to Zhanjiang Chenming Pulp and Paper in China
Noss will supply an approach system to Zhanjiang Chenming Pulp and Paper Company for its dissolving pulp production in China.
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Pöyry Awarded Support Services Contract for Eldorado Pulp Mill in Brazil
Pöyry has been awarded a EUR 8.0 million contract to provide support services for the Eldorado pulp mill project in Brazil.
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PMT Italia Supplies Rebuild of Yuen Foong Yu PM 1 in Taiwan
Rebuild of Yuen Foong Yu PM 1 at Hsin Wu mill in Taiwan completed.
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Suzano Orders Equipment from Metso and Siemens for Mill in Brazil
Suzano Papel e Celulose S.A. has entered into agreements with Metso and Siemens for the acquisition of key equipment for a new mill.
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Vaahto Machinery Rebuilds Press Section at Stora Ingerois in Finland
Vaahto machinery rebuilding press section at Stora Enso Ingerois mill.
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Culture & Marketing

Investment Analysts See Growing Far East Demand for U.S. Forestry Products
Alternative Asset Analysis has stated that it welcomes reports of increased Far East demand for U.S. forestry products.
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Corporate Finance

Glatfelter
Glatfelter has authorized a share repurchase program for up to USD 50 million.
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Joint Venture

Södra Signs Agreement with Angara Paper
Södra in agreement with Angara Paper about new Russian pulp mill.
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UPM and Vertaris to Recycle Release Liner
UPM and Vertaris have teamed up to develop a sustainable release liner recycling concept.
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Labor & Union Actions

Holmen Paper Madrid Interrupted by Strike
A strike at Holmen Paper Madrid stopped production and customer deliveries.
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UPM Employees End Two-Week Strike
Salaried employees have ended the two-week strike that started in UPM’s operations in Finland on 06 April.
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Legal

Tembec’s U.S. Subsidiary Files for Chapter 7 Relief
Tembec's nonoperating U.S. subsidiary, Tembec USA LLC, has filed a petition seeking relief under Chapter 7.
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Major Expenditures

Cascades Starts Enhanced Molded Pulp Production in Quebec
Cascades inaugurates molded pulp production machine and automation at its Forma-Pak plant in central Quebec.
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Metsä Tissue Announces Major Investment Program in Poland
Metsä Tissue will invest EUR 55 million in improvements at its Krapkowice mill in Poland.
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SCA Expaning Tissue Capacity in Russian and Germany
SCA is investing in expanded tissue capacity in Russia and Germany and energy improvements in Sweden.
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Stora Enso to Improve Capacity at Skoghall Board Mill
Stora Enso is investing EUR 90 million in improvements to its Skoghall board mill.
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Mergers & Acquisitions

Aditya Birla Buys Swedish Pulp Maker Domsjo Fabriker
Aditya Birla buys Swedish pulp maker for USD 340 million.
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Rock-Tenn and Smurfit Stone Advance Toward Merger
RockTenn and Smurfit-Stone to deliver joint proxy statement/prospectus and hold shareholder meetings concerning planned merger.
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Major Announcements

Buckeye Evaluates Expanding Specialy Pulp Capacity
Buckeye Technologies will evaluate potentially increasing the high-purity specialty wood pulp capacity of its mill in Florida.
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Catalyst Paper's Snowflake Mill Interrupted by Fire
Catalyst Paper expects both paper machines will be back in production following a fire at the Snowflake mill.
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Graphic Packaging to Close Cincinnati Facility
Graphic Packaging plans to close its beverage carton facility in Cincinnati, Ohio.
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Ilim West's Production Grows by 9%
Ilim West (the Koryazhma Branch) has manufactured 268,000 tons of pulp and paper products during the first quarter of 2011.
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Prince Albert Mill Moving Toward Accelerated Restart
The Prince Albert pulp mill is open for the first time in five years.
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Twin Rivers Paper Marks First Year of Operation
Twin Rivers Paper Company celebrated its first year of operation on 28 April 2011.
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Final Word

The Final Word by Jim Thompson
Hats off to preparedness.
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Environmental

AF&PA Coalition Seeks Delay in Boiler MACT and Waste Incineration Rules
AF&PA-led coalition asks U.S. Environmental Protection Agency to stay Boiler MACT and CISWI rules.
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