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Showing 26 articles from October 18, 2011.

Reference Library

Earnings Announcements
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Departments

Money, Money, Money
Money, Money, Money

Where's the money going to come from?

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PM40
The PM40 closed 07 October 2011 at 1613.17.
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RearView
The PM40 closed 07 October 2011 down 7.1% from the 08 October 2010 level.
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Disconnected Comparisons
In this issue we evaluate The McGraw-Hill Companies, Inc. and Reed Elsevier.
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Insider Trading
Reported insider trading since the last issue of PaperMoney.
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Supplier News

Andritz to Reconfigure Pulping Line for Henan Xinhai Paper Company
International technology Group Andritz has been awarded an order by Xinxiang Xinya Group Company, Ltd. (Henan Xinhai Paper Company, Ltd.) to supply key equipment, a new automation system, and services for the upgrade of a softwood chemithermomechanical pulp line that was transferred from Canada to China.
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Andritz to Supply a New Headbox to Cartiere Polesine, Italy
International technology Group Andritz has received an order from Cartiere Polesine S.p.A., Italy, for the supply of a two-layer headbox for the production of packaging grades made from 100% waste paper.
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Market News of Note

AbitibiBowater Changing Name to Resolute Forest Products
AbitibiBowater is changing its name to Resolute Forest Products.
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Major Expenditures

Portucal Anticipates Building Pulp and Paper Factory in Mozambique
Pulp and paper factory of Portugal’s Portucel in Mozambique to start operating between 2020 and 2025.
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Tembec to Spend CAD 190 Million on Boiler Upgrade
Tembec will proceed with a CAD 190 million boiler replacement at Temiscaming.
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Mergers & Acquisitions

Andritz Acquires Tristar Industries; Strengthens Service Business

International technology Group Andritz has acquired the assets of Tristar Industries Ltd.

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International Paper Becomes Majority Owner of Andhra Pradesh Paper Mills
International Paper has completed its acquisition of a majority stake in Andhra Pradesh Paper Mills.
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Sonoco Signs Agreement to Acquire Tegrant
Sonoco has signed a definitive agreement to acquire Tegrant Corporation.
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Stella-Jones Initiates Possible Acquisition of Thompson Industries
Stella-Jones has signed a letter of intent to acquire Thompson Industries.
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Tembec Sells its Closed Pine Falls Mill to Pine Falls Development Corporation
Tembec announced that Pine Falls Development Corporation has acquired the Tembec Pine Falls.
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Western Forest Products to Sell Tree Farm License 60.
Western Forest Products has reached an agreement to sell Tree Farm Licence 60.
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Major Announcements

Cascades to Close Corrugated Conversion Plant at Le Gardeur
Cascades continues the consolidation of its operations.
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Graphic Packaging International to Close Carton Facility in Indiana
Graphic Packaging to reduce staffing and close carton facility.
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M-real Kemi Mill Rebuild Completed
M-real has completed a rebuild at its M-real Kemi linerboard mill.
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Nordic Paperto Reduce Staffing at Saffle Mill
Nordic Paper has given redundancy notice to around 20 employees at Saffle.
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Sierra Pacfic Resumes Sawmill Operation in Sonora, California
The sawmill industry has returned to Sonora after closing down in 2009.
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Sonoco-Alcore Opens Facility in Germany
Sonoco-Alcore has announced the opening of its new paper tube and core manufacturing facility in Germany.
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Verso Paper Corporation Announces Capacity Reduction
Verso Paper Corporation plans to shut down three machines to permanently reduce its annual production capacity.
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World Perspectives

We Need a More Positive Vision Within the Industry
We Need a More Positive Vision Within the Industry
We need a more positive vision.
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Final Word

The Final Word by Jim Thompson
Contemplating a euro collapse.
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