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Showing 19 articles from June 5, 2012.

Capital Projects

Earnings Announcements
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Departments

New Players in Domestic Linerboard and Medium Production
New Players in Domestic Linerboard and Medium Production
An extremely interesting development.
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PM40
The PM40 closed Friday, 01 June at 1758.55.
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RearView
The PM40 closed 01 June 2012 down 12.5% from the 03 June 2011 level.
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Disconnected Comparisons
In this issue we evaluate Universal Forest Products and Bemis Company.
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Insider Trading
Reported insider trading since the last issue of PaperMoney.
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Labor & Union Actions

Kruger to Reassess its Corner Brook Operation
Pension plan funding relief measures rejected.
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Legal

AbitibiBowaters Becomes Resolute Forest Products
AbitibiBowater shareholders approve company name change to Resolute Forest Products .
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Mergers & Acquisitions

Appleton Papers and Hicks Acquisition II Agree to Combine
Appleton Papers and Hicks Acquisition Company agree to USD 675 million business combination.
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International Paper Agrees to Sell Three Mills
International Paper announces agreements to sell three U.S. containerboard mills.
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UPM Raflatac to Acquire Gascogne Laminates Switzerland
UPM Raflatac to acquire the business operations of Gascogne Laminates Switzerland.
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UPM Sells Closed Albbruck Mill to Karl Unternehmensgruppe
UPM Sells Albbruck Mill to Karl Unternehmensgruppe.
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UPM Sells its Packaging Paper Operations to Billerud
UPM has sold of its packaging paper operations mills to Billerud.
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Major Announcements

Cascades to Keep Norampac Mill Open
Cascades has decides that its Norampac–Trenton will remain open.
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Explosion at Verso Plant Kills One Worker
Explosion at Verso Paper’s mill in Sartell, Minnesota, kills one worker and injures four others.
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Ilim Group First Quarter Pulp and Paper Production
Ilim Group’s mills in Russia and Siberia manufactured 636,000 tons of pulp and paper products in the first quarter of 2012.
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Rottneros to Close Groundwood Pulp Production
Rottneros has decided to close groundwood pulp production at its Rottneros mill in Sweden.
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Restructurings

Catalyst Paper's Restructuring Plan Nixed
Catalyst Paper's current restructuring plan was not approved by sufficient numbers of creditors.
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Final Word

The Final Word by Jim Thompson
Looking at the price of the IP sale...
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