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Showing 38 articles from June 18, 2013.

Reference Library

Earnings Announcements
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No joke: Words can kill
No joke: Words can kill
A cautionary tale for us all...
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The PM40 closed Friday, 14 June 2013 at 2557.

1 Jul 13 Get the latest PM40 update by listening to the weekly Nips show by Pulp & Paper Radio International.

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The PM40 closed 14 June 2013 up 37% from the 15 June 2012 level.
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Disconnected Comparisons
In this issue of Disconnected Comparisons, we evaluate McGraw Hill Financial Inc. and Reed Elsevier.
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Insider Trading
Reported insider trading since the last issue of PaperMoney.
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Amusing & Interesting

Crown Toilet Paper Wedding Dress Design
Toilet Paper Wedding Dress Design Contest Winner
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Culture & Marketing

China to Decommission Outdated Paper Capacities
The government of China has announced  the reduction by 4.55 million tons
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Metso Celebrates 80th Anniversary in China
2013 marks 80 years since one of Metso received an order for a paper machine from Guangzhou Paper in 1933
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Market News of Note

BillerudKorsnäs: Divestment of Paper Machine
Paper machine in Gävle approved by the EU Commission
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Catalyst to Expand its Range of Lightweight Coated Papers
Catalyst Paper is reaching higher to expand an already broad mechanical printing product range with the addition of Ascent
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Georgia-Pacific Extends Tender Offer
Common stock of Buckeye Technologies Inc. at $37.50 per share
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Kadant Expands Stock Prep
Kadant Inc. has completed the acquisition of certain assets of the Noss Group
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Metso’s Board Approves a Demerger Plan
The new parent company for Metso’s Pulp, Paper and Power businesses will be named Valmet Corporation
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National Envelope Files for Chapter 11
Envelope industry is facing serious challenges brought on by declining mail volumes
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Stora Enso has Decided to Commence a Feasibility Study
Stora Enso aims to convert Varkaus Mill fine paper machine to containerboard
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Joint Venture

Stora Enso and Packages Ltd. Complete Agreement
Stora Enso and Packages Ltd. have completed the process of establishing a joint venture
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UPM Signs Joint Development Agreement
UPM and Renmatix Inc. have entered into a non-exclusive joint development agreement in the area of biochemicals.
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Voith Paper Expands its Portfolio
The joint venture provides complete thermal fluidized bed power plants
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Supreme Court Decides on Tax Implications
A long-running tax battle between Daishowa-Marubeni Int. and the federal government
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Major Expenditures

Ilim Group to Invest in its Bratsk Plant
Will launch a new line for the production of soft wood
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Klabin Approves Plan for Pulp Mill
Annual capacity to produce 1.1 million tonnes of hardwood pulp
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Stora Enso to Invest in Continued Development
Investing approximately EUR 32 million in Skoghall Mill
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Weyerhaeuser to Invest $23 Million
Weyerhaeuser upgrades its dimensional softwood lumber mill in Drayton Valley, Alberta
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Mergers & Acquisitions

Asia Packaging Announces the Acquisition
Asia Packaging Group Inc. has closed the acquisition of Yuanxing Package
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Canfor Enters into Agreement
Canfor Corp. has entered into a  purchase agreement with Scotch & Gulf Lumber, LLC.
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Domtar Completes the Acquisition
Acquisition of Xerox's paper and print media products business in the United States and Canada is completed
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KapStone to Acquire Longview Fibre Paper
KapStone to acquire the stock of Longview Fibre from Brookfield Capital Partners II
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Södra Sells its Follafoss Pulp Mill
Mayr-Melnhof Karton is acquiring all shares in Södra Cell Folla
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Major Announcements

Fibria Plant at Three Ponds Achieves Milestone
Five million ton production mark has been reached
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Klabin Closes for Maintenance Updates
Action aims to ensure the smooth operation of the plant
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Lincoln Paper and Tissue, LLC signs Natural Gas Pipleline Transportation Agreement
Bangor Gas will provide pipeline gas to the mill operations
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Mercer Int. Inc. has Maintenance Shutdown
Planned for 11 days, took 15 days instead
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Metso Opens New Service Center
The new service center supports the company’s strategy to grow its valve and field device service
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Metso Signs Multi-Year Agreement
The agreement covers maintenance operations for three pulp lines and five paper machines
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Revival of Nagaland Pulp and Paper Company Ltd
The revival plan consists of rebuilding/re-furbishment
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Housekeeping is cheap

Mills that  follow Jim’s gospel on housekeeping run much less of a risk of being hit with very costly issues than those who do not follow Jim...

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Final Word

The Final Word by Jim Thompson
Inside the bus...
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