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Showing 33 articles from September 20, 2011.

Reference Library

Earnings Announcements
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Departments

Adapt or Perish
Adapt or Perish

As economic conditions change, so must businesses.

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PM40
The PM40 closed 09 September 2011 at 1665.68.
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RearView
The PM40 closed 09 September 2011 virtually even with the 10 September 2010 level.
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Disconnected Comparisons
In this issue we evaluate Kimberly Clark Corporation and Packaging Corporation of America.
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Insider Trading
Reported insider trading since the last issue of PaperMoney.
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Supplier News

ABB to Supply Automation and Power Equipment to JK Paper Ltd for Mill in India
ABB wins USD 15 million automation and power equipment order from JK Paper Ltd in India.
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Metso to Deliver Biomass Boiler to We Energies/Domtar Biomass Energy Project
Metso will supply a biomass boiler to We Energies/Domtar Biomass.
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Vaahto Pulp & Paper Machinery to Rebuild Dryer for Södra Cell
Vaahto Group has been selected to rebuild the pulp dryer for Södra Cell's Mönsterås mill in Sweden.
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Voith to Rebuild Eilenburg PM 1 for Stora Enso Sachsen
Stora Enso Sachsen, Germany, places order with Voith Paper for the rebuild of Eilenburg PM 1.
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Corporate Finance

Boise Inc.
Boise Inc. has authorized a new USD 75 million share repurchase program.
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Stora Enso
Stora Enso will record a negative nonrecurring item of USD 180 million related to NewPage Stevens Point Mill.
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Legal

NewPage Corporation Files for Chaper 11 and CCAA Protection
NewPage Corporation has commenced voluntary cases under Chapter 11 in the United States and the Companies' Creditors Arrangement Act of Canada.
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Major Expenditures

Cascades Completes CAD 4 Million Upgrade to Breakeyville Fibres Mill
Cascades has invested nearly CAD 4 million in improvements to its Breakeyville Fibres mill.
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Cascades' Greenpac Breaks Gound for Containerboard Mill in New York
Construction kicked off today for the new Greenpac Mill LLC containerboard mill.
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SCA to Invest More Than SEK 800 Million in Machine Improvementsm
SCA will invest SEK 460 million in a tissue machine upgrade and SEK 350 million in a newsprint machine rebuild.
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Mergers & Acquisitions

International Paper and Temple-Inland Reach Merger Agreement
International Paper has reached an agreement to acquire Temple-Inland.
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Rayonier to Acquire Timberlands From Joshua Timberlands and Oklahoma Timber
Rayonier has signed an agreement to acquire approximately 250,000 acres from Joshua Timberlands and Oklahoma Timber
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Major Announcements

Buckeye Plans to Close British Columbia Nonwovens Facility
Buckeye Technologies plans to close its Delta facility in British Columbia by the end of 2012.
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Canfor Resumes Sawmill Operations at Vavenby in British Columbia
Canfor has resumed operations at its Vavenby sawmill.
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Fibrek Begins Downtime at Fairmont Recycled Pulp Mill
Fibrek is taking maintenance and market-related downtime at its Fairmont mill.
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Fortress Proceeding With Conversion to Dissolving Pulp Production at Thurso
Conversion to dissolving pulp operation is proceeding mostly on schedule at Fortress mill in Thurso.
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Huhtamaki to Close Flexible Packaging Unit in New Zealand
Huhtamaki plans to close down a manufacturing unit in New Lynn, New Zealand.
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Mondi SCP Claims Paper Production Speed Record
Mondi runs paper machine in Slovakia at record speed.
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Nippon Paper Industries Resumes Paper Production at Ishinomaki Mill
Nippon Paper Industries Co., Ltd. has moved forward with reconstruction efforts at the Ishinomaki mill.
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Orient Paper Completes Installation of Production Line Equipment in China
Orient Paper has successfully completed the construction and installation of new paper manufacturing equipment.
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Rottneros Plans Staff Reductions at Pulp Mill
Rottneros Group has announced a planned reduction of staff that will affect about 25 employees at the Rottneros mill.
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Weyerhaeuser Closes Public Access to Oregon Timberland
Weyerhaeuser has closed public access to all of its western Oregon timberlands because of the risk for fire.
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Restructurings

NewPage Granted Creditor Protection in Canada
NewPage granted permission by Canadian court to sell Port Hawkesbury mill.
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World Perspectives

Smoke and Mirrors
Smoke and Mirrors

Politics and the industry in Australia and New Zealand.

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Final Word

The Final Word by Jim Thompson
There is no panacea.
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Environmental

AbitibiBowater Concerned Over Potential Reduction in Wood Supply
AbitibiBowater is echoing the concerns of Ontario Northeastern municipal leaders over forest management plan.
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Two New Brunswick Mills Receive CAD 6.1 Million to Reduce Emissions
Canadian government provides funds to two mills to help reduce greenhouse gas emissions.
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