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Showing 30 articles from August 16, 2011.

Capital Projects

Earnings Announcements
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Departments

Stock Reports – A Positive Note
Stock Reports – A Positive Note

Analysts take note of paper industry stocks.

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PM40
The PM40 closed 05 August 2011 at 1749.84.
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RearView
The PM40 closed 05 August 2011 up 5.4% compared to the 06 August 2010 level.
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Disconnected Comparisons
In this issue we evaluate International Paper Company and Neenah Paper, Inc.
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Insider Trading
Reported insider trading since the last issue of PaperMoney.
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Supplier News

Andritz to Supply a Tissue Machine to Russian Mill
Andritz to supply a tissue machine to LLC Pulp Invest in Russia.
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Kadant Receives USD 18.1 Million in New Orders
Kadant has received new pulping and stock preparation orders totaling USD 18.1 million from two pulp and paper producers.
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Metso to Supply a Modularized Biomass Power Plant
Metso will supply Heizkraftwerk Zwickau Süd GmbH & Co. KG with a modularized biomass power plant.
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Metso to Supply Board Machine Rebuild in the UK
Metso to supply board machine rebuild for DS SmithPaper’s Kemsley mill in the UK.
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Noss to Supply Approach System to Anhui Huatai Forest Pulp and Paper in China
Noss to supply approach system to Anhui Huatai Forest Pulp and Paper Company.
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Voith to Supply Cascades OCC Plant in Niagara Falls, New York
Cascades orders equipment from Voith Paper for new recovered paper plant.
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Voith to Supply OCC System to Grupak Hidalgo in Mexico
Grupak Hidalgo in Mexico selects Voith for complete OCC recovered fiber system.
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Market News of Note

Norske Skog Rating Downgraded to Caa1
Moody's downgrades Norske Skog to Caa1.
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UPM Issues 5 Million New Shares
UPM issues 5 million new shares to the direct and indirect owners of Myllykoski Oyj and Rhein Papier GmbH.
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Corporate Finance

Kadant Inc.
Kadant extends USD 100 million uncommitted private shelf agreement with Prudential Capital Group.
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Joint Venture

UPM will Establish Jointly Owned Forests in Finland
UPM will establish four regional jointly owned forests in Finland using about 2,000 hectares of its own forests.
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Labor & Union Actions

Georgia-Pacific and the United Steelworkers Agree on Terms
Georgia-Pacific announces new agreement with United Steelworkers.
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Mergers & Acquisitions

Forestar Completes Timberland Sale to Plum Creek
Forestar has sold 50,000 acres of timberland to Plum Creek for USD 75 million.
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International Paper Extends Tender Offer for Temple-Inland Shares
International Paper extends tender offer for all outstanding shares of Temple-Inland.
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Oji Paper Considering Purchase of Piracicaba Mill From Fibria
Fibria has offered to sell Piracicaba mill to Oji Paper.
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UPM Completes Acquisition of Myllykoski
UPM has completed the acquisition of Myllykoski Oyj and Rhein Papier GmbH.
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Weyerhaeuser Sells Hardwoods Business to American Industrial Partners
Weyerhaeuser has completed the sale of its hardwoods business to American Industrial Partners.
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Major Announcements

Nueva Papelera de Besaya Closes
Nueva Papelera de Besaya mill to close permanently.
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Prince Albert Pulp to Restart in September 2012
A pulp mill in Prince Albert, Saskatchewan, that was shuttered in 2006 is expected to resume production in September 2012.
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Sappi Southern Africa to Close Adamas Mill
Sappi Southern Africa announces the closure of its Adamas mill.
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Closures/Reductions

What to do About Energy Costs?
What to do About Energy Costs?
Got any cost saving ideas?
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Final Word

The Final Word by Jim Thompson
Going boldly forward...
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Environmental

Millar Western Receives Major Funding for Energy Project
Millar Western clean-energy project receives major funding.
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Just in....

Fire at NewPage Mill Injures Three Workers

A flash fire at the NewPage paper mill in Biron, Wisconsin, injured three workers maintaining col dust collection equipment.

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