Global Paper Money

Kruger Inc. to Take Downtime

Kruger Inc. will shut down Paper Machine No. 2 at its Corner Brook newsprint mill

International Paper Reaches Agreement

International Paper announced that it has reached an agreement to sell its Temple-Inland Building Products division

The Final Word by Jim Thompson

Keeping an eye on the 'Cliff'

NCASI Canada celebrates 10th anniversary

By:

Neil McCubbin

I make my living as a consultant solving pulp and paper environmental problems, but I still recommend mills spend their money on NCASI first. And, no, I do not benefit from increasing NCASI membership

Resolute Announces Sale of Mersey Assets

Resolute Forest Prod. has completed the purchase of all the shares of Bowater Mersey Paper Co. LTD

Sino-Forest's Plan of Reorganization

Sino-Forest Corp. announces that the Ontario Superior Court of Justice has approved the Company's Plan of Compromise and Reorganization

Double A to Take Over Paper Operations at Alizay Mill

The French department of Eure plans to acquire the Alizay office paper mill from Metsä Board and resell it

MWV Completes Acquisition

MeadWestvaco Corp. announced the completion of the purchase of Ruby Macons Limited

Construction of Large Pulp and Paper Mass Plant in Russia

Investments in the construction of the plant is estimated at 50 billion rubles

EACOM Timber Corporation

EACOM Timber Corporation Board approves USNR to rebuild Timmins Mill

Newfoundland Loses Environmental Case

The Supreme Court has decided a case between the government of Newfoundland and Labrador and Abitibi-Consolidated

Chinese-Croatian Joint Venture

Chinese-Croatian joint venture Dravacel will build a pulp and paper mill in Croatia

American Eagle Paper Mills Introduces Treated Copy Paper

American Eagle Paper Mills introduces their new product treated with Biomaster silver ion technology

ESB – Extremely Silly Behavior

By:

Jim Thompson, Executive Editor

I am amazed, astounded, stupefied, by the reports of companies run by CEOs and CFOs, purportedly bright, who are twisting their companies like pretzels to issue special dividends in December ahead of the US "Fiscal Cliff." Get a grip, folks. This is so silly that it may even constitute dereliction of fiduciary duty, for no doubt while you are doing this you are taking your eye off the ball.

PM40

The PM40 closed Friday, 30 November 2012 at 2200.

17 Dec 12 Get the latest PM40 update by listening to the weekly Nips show by Pulp & Paper Radio International.

RearView

The PM40 closed 30 November 2012 up 23% from the 2 December 2011 level.

Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Cenveo, Inc. and Hadera Paper Ltd.

Insider Trading

Reported insider trading since the last issue of PaperMoney.

Earnings Announcements

Resolute Forest Prod. announces the indefinite idling of the kraft mill and paper machine number 5 in Fort Frances, Ontario

Mondi's Proposed Mill Closure

World Records after Start-up of Greenfield Pulp Mill

Zhanjiang Chenming Pulp & Paper Co., Ltd reached the nominal production capacity of 700,000 t/a in world record time

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