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Showing 28 articles from July 17, 2012.

Reference Library

Earnings Announcements
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Court ruling a major setback
Court ruling a major setback
Manufacturers that are in a position to invest, hire workers and grow should be rewarded and not punished...
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The PM40 closed Friday, July 13 at 1946.
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The PM40 closed 13 July 2012 down 3.7% from the 15 July 2011 level.
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Disconnected Comparisons
In this issue we evaluate Verso Paper Corp. and Buckeye Technologies Inc.
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Insider Trading
Reported insider trading since the last issue of PaperMoney.
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Market News of Note

Fortress Paper Announces Closing of Deal Offering
Fortress Paper Ltd. announces completion of its deal offering of unsecured debentures
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Twin Rivers Paper Company Broadens its Reach
Twin Rivers Paper Co. launches a natural packaging paper
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Joint Venture

Bemis Company Signs Joint Development Agreement
Bemis Co. has signed a joint development agreement with Thin Film Electronics ASA
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Oji Paper Forms Joint Venture
Oji Paper Co., Ltd. has entered an agreement with Shandong Century Sunshine Paper Group Co., Ltd
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Mergers & Acquisitions

Aditya Birla Group to Acquire Terrace Bay Pulp Mill
The Aditya Birla Group has signed an agreement
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Appleton Papers and Hicks Acquisition Company II
Appleton Papers will continue to explore opportunities
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EU Approves SCA's Acquisition
The European Commission has approved SCA's acquisition of tissue business
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International Paper Completes Mill Divestitures
International Paper has finalized the sale of its Ontario and Oxnard, California containerboard mills
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Silverdell PLC has Secured Two Contracts
Silverdell PLC is pleased to announce that it has secured two decontamination and dismantling contracts
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Sofidel and Cellynne Group Corporation
Sofidel and Cellynne Corp. have reached an agreement for the sale of the Cellynne Paper Manufacturer
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UPM Enters into Exclusive Negotiations
UPM enters into exclusive negotiations for sale of Stracel paper mill site
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Major Announcements

Buckeye Florida Mill Back in Full Operation
Fluff Pulp line returns to operation on July 4
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Tembec to Idle its High-yield Pulp Mill
Tembec will indefinitely idle its high-yield pulp mill in Chetwynd, BC
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UPM Redeems the Myllykoski Power Plant
UPM redeems the Myllykoski power plant from Vamy Oy
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Xerium Technologies Announces Operational Realignment
Xerium Technologies, Inc. announced a voluntary redundancy program at its press felt facility in Buenos Aires
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Zhanjiang Chenming Pulp & Paper Co., Ltd.
Metso-supplied Zhanjiang Chenming PM 1 sets world speed record
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BC Court Approves Catalyst Paper's Plan
Catalyst Paper Corp. received approval for its reorganization plan
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NewPage Announces Restructuring Update
NewPage Corp. has been engaged in a series of discussions with various constituents
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Sino-Forest Proceeds to Implement Restructuring
Sino-Forest Corp. is proceeding to implement restructuring transaction pursuant to its creditors
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UPM to Restructure Sawn Timber Operations
UPM has made a contract to sell its Kajaani sawmill to Pölkky Oy
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Carbon Conundrum
On July 1, Australia woke up to the reality of a Carbon tax. Whilst the sky did not fall in as some were predicting, it took only a few days for some of the expected (and unexpected) issues to emerge.
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Final Word

The Final Word by Jim Thompson
Barclays, LIBOR and Recycled Fiber Prices
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