Global Paper Money

Plum Creek Timber Company, Inc. today announced a quarterly cash dividend of USD 0.42 per share.

The government of Canada is investing in West Fraser Mills Limited to improve the company's environmental performance

Domtar's mill in Espanola, Ontario, will receive CAD 700,000 under Canada's Pulp and Paper Green Transformation Program to replace its aerators to with more energy-efficient models.

New Markets Beckon for Those With Vision

By:

James R. Thompson, Executive Editor

There are many, many markets still left in the world.

PM40

The PM40 closed 22 October 2010 at 1787.47, up 2.9% from our last report – 08 October 2010.

RearView

The PM40 closed 22 October 2010 up 23.4% compared to the 23 October 2009 level.

Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate USG Corporation (USG) and Brookfield Infrastructure Partners L.P. (BIP).

Insider Trading

Reported insider trading since the last issue of PaperMoney reflects sales of 1965 shares at a price of USD 59.37 per share.

Domtar Announces Redemption of Certain Outstanding Notes

Domtar Corporation today announced that it will redeem approximately USD 135 million in aggregate principal amount.

The Final Word by Jim Thompson

Keep an eye on cotton.

NOW Solutions, Inc. announced today a new human resources management and payroll agreement with Howe Sound Pulp and Paper.

Andritz will convert a boiler fired by pulverized coal to a biomass-fired boiler in Dalkia Poznań’s combined heat and power plant in Poland.

AbitibiBowater Restructuring Approaches

The U.S. Bankruptcy Court is planning to hear arguments on AbitibiBowater's reorganization plans on 05 November 2010.

Metro Waste Paper Recovery Renamed Cascades Recovery

Metro Waste Paper Recovery Inc.changes its name to Cascades Recovery Inc.

Orient Paper Audit Committee Update

As of 25 October 2010, the independent investigation has made substantial progress and is now in its final stage.

Suzano Group Considering Pulp and Paper Production in Mozambique

Suzano Paper and Cellulose is considering production of pulp and paper in Mozambique.

Metso will provide a new fiberline to Yun Nan Yun-Jing Forestry and Pulp Mill.

Metso Supplies Fiberline to Fujian Qingshan Paper

Metso will provide a new fiberline for dissolving pulp to Fujian Qingshan Paper Industry Co., Ltd.

Metso to Supply Tissue Line to Fujian HengLi Paper in China

Metso will supply a complete tissue production line to Fujian HengLi Paper Co.

Metso to Supply Tissue Line to Xiamen Xinyang Paper

Metso will supply a complete tissue production line to Xiamen Xinyang Paper Co., Ltd. in Xiamen City, Fujian Province, China.

Metso to Start Employee Negotiations at Fabrics Plant

Metso Fabrics PMC Inc’s Juankoski plant personnel groups’ representatives have today been given a negotiation proposal.

Sonoco to Repurchase Outstanding Bonds

Sonoco has commenced cash tender offers to purchase a portion of its outstanding bonds.

Harmac to Invest in Boiler Upgrade

Greens' federal cash will be used to upgrade mill boiler

Earnings Announcements

Georgia-Pacific mills in Port Hudson, Louisiana, and Crossett, Arkansas, have been selected for the more than USD 500 million investments to upgrade production.

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