Global Paper Money

Appleton Papers and Hicks Acquisition Company II

Appleton Papers will continue to explore opportunities

Sofidel and Cellynne Group Corporation

Sofidel and Cellynne Corp. have reached an agreement for the sale of the Cellynne Paper Manufacturer

Fortress Paper Announces Closing of Deal Offering

Fortress Paper Ltd. announces completion of its deal offering of unsecured debentures

Twin Rivers Paper Company Broadens its Reach

Twin Rivers Paper Co. launches a natural packaging paper

Bemis Company Signs Joint Development Agreement

Bemis Co. has signed a joint development agreement with Thin Film Electronics ASA

Oji Paper Forms Joint Venture

Oji Paper Co., Ltd. has entered an agreement with Shandong Century Sunshine Paper Group Co., Ltd

Going Paperless

Two Sides to assist in developing and implementing best practices related to environmental marketing claims for print and paper

At your service

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Insider Trading

Reported insider trading since the last issue of PaperMoney.

PM40

The PM40 closed Friday 29 June 2012 at 1893.6.

RearView

The PM40 closed 29 June 2012 down 9.3% from the 1 July 2011 level.

Disconnected Comparisons

In this issue we evaluate USG Corporation and Brookfield Infrastructure Partners.