Global Paper Money

Western Completes Sale

Western completes sale of its Crown Tenure on Haida Gwaii

Buckeye Technologies Completes Sale

Buckeye announced that it has completed the sale of its Brazilian subsidiary

RockTenn Acquires Mid South Packaging

RockTenn has closed on its acquisition of the assets of Mid South Packaging

Tembec Officially Inaugurates New Bark Boiler

Tembec officially inaugurated a new bark boiler today at its Béarn sawmill

Insider Trading

Reported insider trading since the last issue of PaperMoney.

Forests and Fires

By:

Don Meadows, Editor

Wildfires in the western United States highlight the need to address various contributing factors.

PM40

The PM40 closed Friday 15 June 2012 at 1839.7.

RearView

The PM40 closed 15 June 2012 down 5.0% from the 17 June 2011 level.

Disconnected Comparisons

In this issue we evaluate UPM-Kymmene Corporation and Boise Inc.

Metso to Rebuild the Kraftliner Machine at SCA

SCA Packaging Munksund to increase its total annual white top kraftliner production through rebuild.

Canfor Curtails Production at Northwood to Check Recovery Boiler

Canfor's production at the Northwood Pulp Mill has been curtailed to investigate a recovery boiler failure.

Klabin's Annual Shutdown at Monte Alegre Plant

The shutdown is intended to ensure proper functioning and operational continuity of the mill.

Verso Paper Assessing Damage From Sartell Explosion

Verso Paper is investing and assessing damage from an explosion and fire at Sartell mill.

Fortress Paper Increases Production of Dissolving Pulp

Fortress Paper Ltd. has ramped up its production of dissolving pulp.

Sino-Forest Corporation Agrees to Restructuring

Sino-Forest announced that approximately 72% of noteholders have signed a restructuring support agreement.

Catalyst Paper Seeks Support for Amendments

Catalyst Paper is seeking support for a proposed amended plan of arrangement.

UPM Inaugurates Modernized Plywood Mill in Finland

UPM's plywood mill in Savonlinna, Finland, has opened.

Lecta to Rebalance Woodfree Paper Production Capacity

Lecta to take global downtime on coated woodfree paper machines in June.

Resolute Forest Products Idles Mill in Nova Scotia

Resolute Forest Products will indefinitely idle the Mersey newsprint mill in Nova Scotia.

Fire at Khanna Paper Mills

Fire at the Khanna Paper Mills in India destroys waste paper stockpile.

Defending Paper Use

By:

Neil McCubbin

Paper companies need to accurately promote paper use.

The Final Word by Jim Thompson

A very special thanks...

Earnings Announcements

Resolute Forest Products and Fibrek Enter Agreement

Resolute and Fibrek announce second step arrangement agreement.

Holmen Sells Paper Machine to Albayrak Turizm

Holmen Paper sells its PM 61 to Albayrak Turizm.

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