Global Paper Money

Pacific West Commercial Wins Bid For Port Hawkesbury Mill

Pacific West Commercial Corporation is the successful bidder for the idled NewPage Port Hawkesbury mill.

Verso Paper Completes Renewable Energy Project at Quinnesec Mill

Verso Paper Corporation announced that it has completed a USD 45 million renewable energy project.

Resilience Capital Partners Acquires Weaber

Resilience Capital Partners has acquired Weaber, Inc.

Annual Timber Sales in Finland

Increases seen in timber sales in Finland, though volume purchase declined from 2010.

Fortress Paper Ltd.

Fortress Paper announces CAD 40.25 million closing.

Tax Exempt Bonds

By:

James R. Thompson, Executive Editor

Tax exempt solid waste exclusion bonds are back.

PM40

The PM40 closed 23 December 2011 at 1802.1.

RearView

The PM40 closed 23 December 2011 down 4.7% from the 24 December 2010 level.

Disconnected Comparisons

In this issue we evaluate Orchids Paper Products Company and Sonoco Products Company.

Insider Trading

Reported insider trading since the last issue of PaperMoney.

Metso to Update Recover Boiler at Stora Enso Imatra

Metso to deliver recovery boiler to Stora Enso.

Metso to Rebuild Fiber Line for Daio Paper

Metso to rebuild fiber line for Daio Paper in Japan.

Century Textiles Temporarily Closes Pulp and Paper Division

Century Textiles has temporarily closed its pulp and paper division.

Orient Paper announces production launch of its new corrugating medium paper line.

Stora Enso

Stora Enso has signed an agreement with the European Investment Bank.

M-real Moves to Next Steps in Conversion of Äänekoski Mill

M-real has concluded the statutory negotiations concerning production changes at the Äänekoski mill.

Ledcor Resources and Transportation is launching a marine transportation service to Howe Sound Pulp and Paper.

Earnings Announcements

The Final Word by Jim Thompson

Victory can be achieved in 2012.

Fibrek Rejects Unsolicited Bid by AbitibiBowater

Fibrek has unanimously rejected an unsolicited insider bid by AbitibiBowater (Resolute Forest Products).

Metso Paper Oy has sold its Valkeakoski, Finland-based workshop.

International Paper, Temple-Inland extend regulatory review timing.

Uniboard USA LLC has announced the sale of its MDF and particleboard facilities to Paneles Arauco S.A.

UPM has supported a project by the Danish architects Eentileen.dk to create new alternatives for the construction of wooden houses.

Canexus

Canexus provides positive financial outlook and announces hydrochloric acid production expansion.

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