Capital Projects
Rating Agency Announcements
Standard & Poor´s Ratings Services has revised Metso's rating upward.
Departments
A trip to Michigan provides further insights on the state of the nation.
The PM40 closed 06 August 2010 at 1660.69, up 1.5% from the 30 July 2010 close.
The PM40 closed 06 August 2010 up 40.6% compared to the 07 August 2009 level.
In this issue of Disconnected Comparisons, we evaluate Schweitzer-Mauduit International, Inc. (SWM) and Weyerhaeuser Company (WY).
Reported insider trading since the last issue of PaperMoney reflects sales of 6700 shares at an average price of USD 47.97 per share and purchases of 341,900 shares at an average price of USD 5.31 per share.
Supplier News
Voith Paper installs curtain coater on Mayr-Melnhof's board machine.
Culture & Marketing
NewPage earns two-year extension of its preferred partner status with the HP Indigo Preferred Media.
NOREXECO
Suzano's second quarter earnings marked by new price increases and the recovery in operating margins.
Corporate Finance
Plum Creek Timber Company's board of directors has authorized a new USD 200 million share repurchase program.
Tembec Inc. announced the pricing of an offering of USD 255 million of 11.25% senior secured notes.
Major Expenditures
Appleton plans to establish a center for its carbonless, thermal, and security products in Monroe, Ohio.
Mergers & Acquisitions
Sino-Forest Corporation gains 53.5% voting interest in Omnicorp through purchase of 230 million subscription shares.
Western Forest Products Inc. has completed the sale of certain noncore properties to the Capital Regional District of Victoria, British Columbia, Canada.
Major Announcements
Appleton’s paper mill in West Carrollton, Ohio, has returned to full production following repair work.
Quad/Graphics, Inc. announced today it will close a number of plants as part of its ongoing integration plans.
Restructurings
AbitibiBowater recieved U.S. Bankruptcy Court for the District of Delaware approval on 02 August 2010, of the company's solicitation materials in connection with the company's ongoing creditor protection proceedings.
Closures/Reductions
When I joined the industry in the 1960s, there was a national conference in most of the significant pulp and paper producing countries. The strength of a good conference is involvement by mill staff as presenters and attendees.
Final Word
We now provide a one-stop place for you to look at U.S. patents in the pulp and paper industry.
Environmental
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Industree 4.0
The Government of Canada has launched a program to help expand opportunities for Canada's forestry sector.
