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Showing 29 articles from July 16, 2013.

Reference Library

Earnings Announcements
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Departments

Energy, regulations and the ‘coming storm’
Energy, regulations and the ‘coming storm’

We know very well in our industry that if tough regulations tip the levelness of the playing field, jobs and livelihoods are at stake...

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PM40

The PM40 closed Friday, 12 July 2013 at 2659.

5 Aug 13 Get the latest PM40 update by listening to the weekly Nips show by Pulp & Paper Radio International.

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RearView

The PM40 closed 12 July 2013 up 35% from the 11 July 2012 level.

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Disconnected Comparisons

In this we evaluate Mercer International Inc. and RR Donnelley & Sons Co.

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Supplier News

ANDRITZ to Supply Waste Paper Drum Pulping System

Pulping system to PT Suparma, Indonesia

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Bel Papyrus Starts Tissue Line PM3

Toscotec supplied complete tissue production line

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Metso Wins Two Major Orders

SCG Paper has ordered two large automation packages from Metso

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Successful Start-Up

World’s largest single polysulfide cooking line

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Culture & Marketing

Sulzer Pumps Launches New Pump Performance

The Pump Performance Expert Service focuses on MC® (medium consistency) applications

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Market News of Note

Tembec Expansion Receives Additional Loan

The Quebec government is contributing $17.8 million dollars

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Corporate Finance

Western Forest Products Announces a Substantial Issuer Bid
Western Forest Products Inc.announced a substantial issuer bid to repurchase up to $100 million of its outstanding voting common
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Joint Venture

Neenah Paper Announces Partnership

Neenah Paper has signed an exclusive partnership agreement with Gruppo Cordenons

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Omya And NewPage Escanaba Enter Into Agreement

Precipitated Calcium Carbonate (PCC) plant to be located at the NewPage Escanaba paper mill site

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Labor & Union Actions

Resolute Forest Products and CEP Reach Deal

Resolute had laid off almost 240 staff

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Legal

SEC Closes Investigation of Orient Paper

SEC does not intend to recommend any enforcement action

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Major Expenditures

Twin Rivers Invests in Equipment Upgrades

Upgrades of equipment at the company’s planer mill in Plaster Rock

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Mergers & Acquisitions

Brookfield Sells Longview

Two separate transactions for aggregate proceeds of $3.675 billion

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Interfor Completes Acquisition

Acquisition of sawmill operations from Keadle Lumber is completed

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Major Announcements

Fortress Paper Provides Update

Update on its operations at its Fortress Specialty Cellulose Mill in Thurso, Quebec

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Metso and UPM to Continue Mill Maintenance Agreement

Mill maintenance agreement at UPM Plattling mill in Germany

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Papierfabrik Golzern Abandons Grimma Facility

Severe damage caused by June flooding forces closure

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Södra Plans Expansion

Production capacity to increase from 425 000 tonnes of pulp per year to 700 000 tonnes

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Sodra's Tofte Plant to Close

280 members of staff at the mill will be affected

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Suzano Pulp and Paper Maranhão Unit

State of Maranhão will have one of the most modern pulp plants in the world

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Restructurings

UPM Raflatac Plans to Improve Cost Competitiveness

Plans to reduce labelstock production capacity in Europe, South-Africa and Australia

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World Perspectives

A week is a long time in politics

It is said that a week is a long time in politics, and the weeks since my last column have comprehensively demonstrated just that. The interval also demonstrated that economists are not much better at identifying the future than the rest of us...

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Final Word

The Final Word by Jim Thompson

Signs of mortality...

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