Global Paper Money

Earnings Announcements

It’s the people

By:

Jim Thompson, Executive Editor

After 43 years, I am more convinced than ever that, within certain broad parameters, the differences in operations making the same grades of paper boil down to one thing—people and their managers. In fact, I think if it were possible to build identical mills and staff them with disparate humans, the resulting performance would be wildly different.

PM40

The PM40 closed Friday, 2 August 2013 at 2743.

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

RearView

The PM40 closed 2 August 2013 up 41% from the 1 August 2012 level.

Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate MOD-PAC CORP and Sappi Limited.

Insider Trading

Reported insider trading since the last issue of PaperMoney.

Double A Enters the Dissolving Pulp Market

Double A has invested USD 6.1 million to upgrade

EBRD Funds Construction of Recycled Cardboard Mill

$5m loan to Turkmenian cardboard packaging manufacturer Toprak

Nippon Paper Industries Commences Sales

New product in the “Kininaru Kami” range

Ainsworth Announces New Labour Agreement

Ainsworth Lumber Co. Ltd. announces a new four year labour agreement

NewPage to Build New Plant

New plant addition in Escanaba

Resolute Upgrading Woodyard

US$30-million investment in the woodyard of its Augusta, Georgia

Stora Enso Invests in World-Class Biorefinery

World-class biorefinery at Sunila Mill in Finland

Stora Enso will Launch Mill Project in Two Phases

Stora Enso will launch its integrated mill project in Guangxi, China

BillerudKorsnäs’ Divestment of Paper Machine

Divestment of paper machine in Gävle completed

Cham Paper Group to Sell Italian Paper Mills

Cham Paper Group exits base paper production

Domtar Completes Sale of Ariva Business

The purchaser is privately-held Central National-Gottesman Inc.

Georgia-Pacific Completes Acquisition

Acquisition of Temple-Inland Building Products completed

KapStone Completes Acquisition

Stock purchase of Longview Fibre Paper and Packaging, Inc. is complete

Papeterie du Doubs Sold

The company was sold to Lebanese entrepreneur Fadi Gemayel

Wood Resources LLC to Sell Southeast Operations

Boise Cascade Co. enters into an agreement

Burgo Slates Downtime at Duino Mill

Production at the Duino mill will be stopped from August 2nd until the 10th

Fedrigoni Reduces Output

Reduction due to market related reasons

Monadnock Paper Mills Up and Running

All employees in the mill at the time of the fire are safe

Successful Start-Up of the Greenpac Containerboard Mill

Greenpac is a corporation created by Cascades

Arctic Paper Mochenwangen to Restructure

Arctic Paper is planning to shut down PM 1

The Final Word by Jim Thompson

A sleepy little case just may end up setting precedent in patent law...

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Archives

Capital Projects

Departments

Market News of Note

Labor & Union Actions

Major Expenditures

Mergers & Acquisitions

Major Announcements

Restructurings

Final Word

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