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Showing 27 articles from January 17, 2012.

Reference Library

Earnings Announcements
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Thoughts for a New Year
Thoughts for a New Year

2012: Certain to be a year of uncertainties.

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The PM40 closed 06 January 2012 at 1850.1.
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The PM40 closed 06 January 2012 down 4.3% from the 07 January 2011 level.
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Disconnected Comparisons
In this issue we evaluate Packaging Corporation of America and Stora Enso OYJ.
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Insider Trading
Reported insider trading since the last issue of PaperMoney.
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Supplier News

Metso to Provide Automation Technology to Stora Enso in Poland
Metso has received an automation order for Stora Enso Narew at Ostroleka in Poland.
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Metso to Supply Complete Tissue Machine to Fabrica De Papel San Francisco in Mexico
Metso will supply a complete tissue machine to Fabrica De Papel San Francisco S.A. de C.V., in Mexicali, Mexico.
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Norske Skog to Receive Electricity From NTE
Norske Skog has signed a long-term energy contract with NTE for electricity.
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Culture & Marketing

Annual Timber Sales in Finland
Increases seen in timber sales in Finland, though volume purchase declined from 2010.
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Market News of Note

Fibrek Advises Shareholders to Reject Insider Bid by AbitibiBowater
Fibrek is recommending that its shareholders reject the AbitibiBowater insider bid.
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Corporate Finance

Catalyst Paper Defers Interest Payment
Catalyst Paper Corporation has deferred a USD 21 million interest payment.
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KapStone Records USD 63.6 Million Tax Benefit
KapStone Paper and Packaging Corporation benefits from Internal Revenue Service examination.
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Sino-Forest Corporation Taking Actions to Resolve Senior Note Default
Sino-Forest Corporation provides an update on delinquent third quarter financial report affecting senior notes.
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Labor & Union Actions

White Birch Paper Seeks Employee Concessions at Stadacona Mill
White Birch Paper Company has presented a cost reduction to its Stadacona mill employees.
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Major Expenditures

Verso Paper Completes Renewable Energy Project at Quinnesec Mill
Verso Paper Corporation announced that it has completed a USD 45 million renewable energy project.
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Mergers & Acquisitions

Resilience Capital Partners Acquires Weaber
Resilience Capital Partners has acquired Weaber, Inc.
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Pacific West Commercial Wins Bid For Port Hawkesbury Mill
Pacific West Commercial Corporation is the successful bidder for the idled NewPage Port Hawkesbury mill.
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Major Announcements

Arauco to Rebuild Fire-Ravaged Plant
ARAUCO announces reconstruction of Nueva Aldea panel mill
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Buckeye Closes Cotton Linter Pulp Line in Brazil
Buckeye is closing its cotton linter pulp production line in Americana, Brazil.
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Glatfelter Inaugurates Festooning Line in Canada
Glatfelter announced the inauguration of its newest festooning line at its Gatineau, Quebec, Canada, facility
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Graphic Packaging to Relocate Headquarters
Graphic Packaging relocates to Sandy Springs, Georgia.
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Metsa Tissue to Close Mill in Poland
Metsa Tissue has decided to close production at its Konstancin-Jeziorna mill in Poland.
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Rottneros Denies Pulp Mills Sales Rumor
Rottneros denies any assignment to advisors to dispose of any of the Group's pulp mills.
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St. Mary's Paper in Receivership
Shuttered St. Mary's Paper pushed into receivership.
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Australasian Pulp and Paper -- A Year in Review

A review of the pulp and paper industry in Australian and New Zealand for the 2011 business year.

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Final Word

The Final Word by Jim Thompson
LGMI's 3rd Annual Conference is here.
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