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Showing 37 articles from April 5, 2011.

Reference Library

Earnings Announcements
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New Kinds of Turmoil
New Kinds of Turmoil
New kinds of turmoil require nimble responses.
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The PM40 closed 25 March 2011 at 2059.85.
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The PM40 closed 25 March 2011 up 23.1% compared to the 26 March 2010 level.
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Disconnected Comparisons
In this issue of Disconnected Comparisons, we evaluate Cenveo, Inc. (CVO) and Hadera Paper Ltd. (AIP).
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Insider Trading
Reported insider trading since the last issue of PaperMoney.
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Supplier News

Andritz to Supply Biomass Boiler to Hämeenkyrön Voima Oy
International technology Group Andritz has been awarded an order by Hämeenkyrön Voima Oy.
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Canfor Installing FITNIR Near Infrared Analyzer
Canfor Corp. has selected FITNIR Analyzers Inc. to supply and install advanced infrared measurement technology at their Intercontinental pulp mill.
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Clearwater Paper to Install Metso Tissue Machine
Clearwater Paper Corporation has selected Metso Corporation to manufacture its new through-air-dried tissue machine.
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Kadant Expands Wet End Water Audit Services
Kadant Johnson Systems has expanded its audit services for dryer systems to now include water management studies
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Metso to Supply Biomass Power Plant to SIA Graanul Invest in Latvia
Metso will supply SIA Graanul Invest with a biomass power plant for combined heat and power production in Latvia.
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Pöyry Awarded Contract for a New Pulp Mill in Uruguay
Pöyry's Industry business group has been awarded services contracts by Montes del Plata for the integration of a greenfield pulp mill in Punta Pereira, Uruguay.
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SGD Holdings.Strikes New Supply Agreement With Aclor
SGD Holdings, Ltd. today announced that the company on 08 March 2011, entered into an agreement with Aclor, Inc., for raw materials.
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Syassky Invests in New Tissue Line From Toscotec
Russian JSC Syassky mill invests in a new Toscotec tissue line.
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Vaahto Pulp & Paper Machinery to Rebuild Pulp Drying Machine fo Stora Enso
Vaahto Pulp & Paper Machinery has received an order from Stora Enso for its Imatra mill in Finland.
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Market News of Note

Cathay Forest Products Applies for Reinstatment of Shares Trading
Cathay Forest Products has applied for reinstatement of trading of its shares on the TSX Venture Exchange.
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Earnings & Dividends

International Paper
International Paper announced an increase in its common stock dividend, from 18 and three quarter cents ($0.1875) per share to 26 and one quarter cents.
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Corporate Finance

Sino-Forest Corporation
Sino-Forest Corp. announced that its wholly-owned subsidiary, Sino-Panel (China) Investments Limited, has officially accepted a 15-year term loan facility.
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SWM has authorized the repurchase of up to USD 75 million in SWM common stock.
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Joint Venture

Norske Skogindustrier and CellMark Enter Joint Marketing Agreement for North America
Norske Skogindustrier ASA and CellMark AB have entered into an exclusive marketing agreement for sales in the United States, Canada, and Mexico.
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Mergers & Acquisitions

Ahlstrom to Sell Ascoli Mill to Eurocomet
Ahlstrom Corporation has recently agreed to sell the buildings, land, and assets of its Ascoli mill in Italy.
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International Paper Acquiring Majority Interest in Andhra Pradesh Paper Mills of India
International Paper has entered into agreements with L.N. Bangur, and related family members and affiliates to purchase approximately 53.5% of the outstanding shares of Andhra Pradesh Paper Mills.
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Lombard Investments Sells Shares in S.Pack & Print to Oji Paper
Lombard Investments has sold its 23% stake in paper packaging manufacturer, S.Pack & Print Public Company Limited to Oji Paper.
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NewPage Subsidiary Sells Cogeneration Assets to ReEnergy
NewPage subsidiary, Rumford Paper Company, has signed an agreement to sell its cogeneration energy assets
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Paper Excellence Canada Holdings to Acquire Northern Resources
Paper Excellence Canada Holdings Corp of Vancouver, British Columbia, has reached an agreement to acquire Northern Resources.
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Rio Tinto to Purchase Eurocan Wharf from West Fraser
West Fraser has entered into an agreement to sell its deep sea wharf in British Columbia to Rio Tinto Alcan.
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St. Joe Company Deeds 40,975 Acres to Resource Management Service
The St. Joe Company has completed the sale of a 40,975 acre timber deed to an investment fund.
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Tembec Sells its Hydro-Electric Generating Assets to Gemini-SRF Power
Tembec has closed the sale of its hydro-electric generating assets located in Smooth Rock Falls, Ontario.
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Major Announcements

Domtar to Reduce Papermaking Capacity at Arkansas Mill
Domtar announced it will permanently shut down one of four paper machines at its Ashdown, Arkansas, pulp and paper mill.
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Fibrek Mill to Receive Funding for Power Installation
The Fibrek mill in Saint-Félicien, Quebec, will receive CAD 6.1 million under the Pulp and Paper Green Transformation Program to help the mill modernize its facility and enhance its environmental performance.
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Papier und Kartonfabrik Varel is Revamping its Paper Machine
Papier und Kartonfabrik Varel is in the process of revamping paper machine no. 4.
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Sappi Fine Paper Europe Considers Closing its Biberist Mill
Sappi Fine Paper Europe is considering closing its Biberist mill in Switzerland.
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Stora Enso Plans Permanent Closure
Stora Enso plans permanent closure of Kopparfors sawmill and the pellet mill.
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Final Word

The Final Word by Jim Thompson
Japanese earthquake ripples through our industry
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Mohawk Joins U.S. EPA SmartWay Transport Partnership
Mohawk Fine Papers has joined the SmartWay Transport Partnership.
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U.S. EPA Monitoring Detects No Significant Radiation From Japan in the United States
EPA Monitoring Continues to Confirm That No Radiation Levels of Concern Have Reached the United States
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Just in....

Mitsubishi Paper Mills Reports on Business Effects of Earthquake
Misubishi Paper Mills has assessed damages to date from the March earthquake and tsunami in Japan.
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