Global Paper Money

Metso Supplies Upgrades to Phoenix Pulp & Paper Mill in Thailand

Metso will supply upgrades to the Khon Kaen mill of Phoenix Pulp & Paper Company.

Twin Rivers Paper Marks First Year of Operation

Twin Rivers Paper Company celebrated its first year of operation on 28 April 2011.

The Final Word by Jim Thompson

Hats off to preparedness.

Earnings Announcements

Aditya Birla Buys Swedish Pulp Maker Domsjo Fabriker

Aditya Birla buys Swedish pulp maker for USD 340 million.

UPM and Vertaris to Recycle Release Liner

UPM and Vertaris have teamed up to develop a sustainable release liner recycling concept.

Cascades Starts Enhanced Molded Pulp Production in Quebec

Cascades inaugurates molded pulp production machine and automation at its Forma-Pak plant in central Quebec.

Tembec’s U.S. Subsidiary Files for Chapter 7 Relief

Tembec's nonoperating U.S. subsidiary, Tembec USA LLC, has filed a petition seeking relief under Chapter 7.

Stora Enso to Improve Capacity at Skoghall Board Mill

Stora Enso is investing EUR 90 million in improvements to its Skoghall board mill.

Rock-Tenn and Smurfit Stone Advance Toward Merger

RockTenn and Smurfit-Stone to deliver joint proxy statement/prospectus and hold shareholder meetings concerning planned merger.

Metsä Tissue Announces Major Investment Program in Poland

Metsä Tissue will invest EUR 55 million in improvements at its Krapkowice mill in Poland.

SCA Expaning Tissue Capacity in Russian and Germany

SCA is investing in expanded tissue capacity in Russia and Germany and energy improvements in Sweden.

Södra Signs Agreement with Angara Paper

Södra in agreement with Angara Paper about new Russian pulp mill.

Alternative Asset Analysis has stated that it welcomes reports of increased Far East demand for U.S. forestry products.

AF&PA-led coalition asks U.S. Environmental Protection Agency to stay Boiler MACT and CISWI rules.

Andritz to Deliver Biomass Boiler for Iggesund Paperboard, UK

Andritz has received an order from Holmen AB’s subsidiary Iggesund Paperboard to deliver a biomass boiler island for Iggesund Paperboard (Workington) in Cumbria, United Kingdom.

An Ending?

By:

Don Meadows, Editor

The future of papermaking in central Maine is in doubt as a deal to buy the Millinocket and East Millinocket mills falls through.

PM40

The PM40 closed 08 April 2011 at 2128.56.

RearView

The PM40 closed up...

Sappi

Sappi announced that it priced its upsized bond offering to raise approximately USD 705 million equivalent of new senior secured notes.

Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Clearwater Paper Corp and International Paper Company.

Insider Trading

Asian Tiger Moving Into Canada

By:

Neil McCubbin

In Canada, we are now seeing a reawakening in pulp, due to the Indonesian Sinar Mas group’s ambitious plans to enter pulp manufacturing here.

Nippon Paper Group Mills Resume Operations

Nippon Paper Group has resumed operations suspended as a result of the earthquake centered off the coast of Miyagi Prefecture.

International Forest Products Limited

International Forest Products has closed the previously announced public offering of 8,222,500 class A subordinate voting shares.

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