Global Paper Money

Disconnected Comparisons

In this issue we evaluate Kimberly Clark Corporation and Packaging Corporation of America.

Insider Trading

Reported insider trading since the last issue of PaperMoney.

Weyerhaeuser Closes Public Access to Oregon Timberland

Weyerhaeuser has closed public access to all of its western Oregon timberlands because of the risk for fire.

Orient Paper has successfully completed the construction and installation of new paper manufacturing equipment.

Canfor Resumes Sawmill Operations at Vavenby in British Columbia

Canfor has resumed operations at its Vavenby sawmill.

Fibrek Begins Downtime at Fairmont Recycled Pulp Mill

Fibrek is taking maintenance and market-related downtime at its Fairmont mill.

Metso will supply a biomass boiler to We Energies/Domtar Biomass.

Vaahto Pulp & Paper Machinery to Rebuild Dryer for Södra Cell

Vaahto Group has been selected to rebuild the pulp dryer for Södra Cell's Mönsterås mill in Sweden.

NewPage Granted Creditor Protection in Canada

NewPage granted permission by Canadian court to sell Port Hawkesbury mill.

Conversion to dissolving pulp operation is proceeding mostly on schedule at Fortress mill in Thurso.

Buckeye Plans to Close British Columbia Nonwovens Facility

Buckeye Technologies plans to close its Delta facility in British Columbia by the end of 2012.

Rottneros Plans Staff Reductions at Pulp Mill

Rottneros Group has announced a planned reduction of staff that will affect about 25 employees at the Rottneros mill.

Voith to Rebuild Eilenburg PM 1 for Stora Enso Sachsen

Stora Enso Sachsen, Germany, places order with Voith Paper for the rebuild of Eilenburg PM 1.

Huhtamaki to Close Flexible Packaging Unit in New Zealand

Huhtamaki plans to close down a manufacturing unit in New Lynn, New Zealand.

ABB wins USD 15 million automation and power equipment order from JK Paper Ltd in India.

Mondi SCP Claims Paper Production Speed Record

Mondi runs paper machine in Slovakia at record speed.

Nippon Paper Industries Co., Ltd. has moved forward with reconstruction efforts at the Ishinomaki mill.

Boise Inc.

Boise Inc. has authorized a new USD 75 million share repurchase program.

Stora Enso

Stora Enso will record a negative nonrecurring item of USD 180 million related to NewPage Stevens Point Mill.

The Final Word by Jim Thompson

There is no panacea.

Smoke and Mirrors

By:

Dennis Shore

Politics and the industry in Australia and New Zealand.

International Paper and Temple-Inland Reach Merger Agreement

International Paper has reached an agreement to acquire Temple-Inland.

Earnings Announcements

Construction kicked off today for the new Greenpac Mill LLC containerboard mill.

Cascades has invested nearly CAD 4 million in improvements to its Breakeyville Fibres mill.

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