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Showing 24 articles from June 19, 2012.

Capital Projects

Earnings Announcements
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Departments

Forests and Fires
Forests and Fires

Wildfires in the western United States highlight the need to address various contributing factors.

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PM40
The PM40 closed Friday 15 June 2012 at 1839.7.
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RearView
The PM40 closed 15 June 2012 down 5.0% from the 17 June 2011 level.
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Disconnected Comparisons
In this issue we evaluate UPM-Kymmene Corporation and Boise Inc.
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Insider Trading
Reported insider trading since the last issue of PaperMoney.
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Supplier News

Metso to Rebuild the Kraftliner Machine at SCA
SCA Packaging Munksund to increase its total annual white top kraftliner production through rebuild.
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Major Expenditures

Fonds de solidarité FTQ Invests CAD 25 Million in Fortress Paper
Fonds de solidarité FTQ is investing CAD 25 million in Fortress Paper to reopen the Lebel-sur-Quévillon mill.
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Iggesund Paperboard's New Boiler Starts Up
Iggesund Paperboard’s new recovery boiler and turbine are its largest investment ever.
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Klabin to Add Paper Machine for Sack Kraft in Brazil
Klabin to install new paper machine to produce sack kraft paper in Brazil.
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Mergers & Acquisitions

Holmen Sells Paper Machine to Albayrak Turizm
Holmen Paper sells its PM 61 to Albayrak Turizm.
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Resolute Forest Products and Fibrek Enter Agreement
Resolute and Fibrek announce second step arrangement agreement.
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Major Announcements

Canfor Curtails Production at Northwood to Check Recovery Boiler
Canfor's production at the Northwood Pulp Mill has been curtailed to investigate a recovery boiler failure.
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Fire at Khanna Paper Mills
Fire at the Khanna Paper Mills in India destroys waste paper stockpile.
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Fortress Paper Increases Production of Dissolving Pulp
Fortress Paper Ltd. has ramped up its production of dissolving pulp.
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Klabin's Annual Shutdown at Monte Alegre Plant
The shutdown is intended to ensure proper functioning and operational continuity of the mill.
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Lecta to Rebalance Woodfree Paper Production Capacity
Lecta to take global downtime on coated woodfree paper machines in June.
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Resolute Forest Products Idles Mill in Nova Scotia
Resolute Forest Products will indefinitely idle the Mersey newsprint mill in Nova Scotia.
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UPM Inaugurates Modernized Plywood Mill in Finland
UPM's plywood mill in Savonlinna, Finland, has opened.
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Verso Paper Assessing Damage From Sartell Explosion
Verso Paper is investing and assessing damage from an explosion and fire at Sartell mill.
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Restructurings

Catalyst Paper Seeks Support for Amendments
Catalyst Paper is seeking support for a proposed amended plan of arrangement.
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Sino-Forest Corporation Agrees to Restructuring
Sino-Forest announced that approximately 72% of noteholders have signed a restructuring support agreement.
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Closures/Reductions

Defending Paper Use

Paper companies need to accurately promote paper use.

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Final Word

The Final Word by Jim Thompson
A very special thanks...
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