Global Paper Money

Klabin to Add Paper Machine for Sack Kraft in Brazil

Klabin to install new paper machine to produce sack kraft paper in Brazil.

Iggesund Paperboard's New Boiler Starts Up

Iggesund Paperboard’s new recovery boiler and turbine are its largest investment ever.

Fonds de solidarité FTQ Invests CAD 25 Million in Fortress Paper

Fonds de solidarité FTQ is investing CAD 25 million in Fortress Paper to reopen the Lebel-sur-Quévillon mill.

International technology Group Andritz has successfully started up the PM12 tissue machine supplied to Hengan Group Chongqing.

Andritz to Supply Paper Machine to Zellstoff Pöls, Austria

International technology Group Andritz has received an order from Zellstoff Pöls AG, Austria, for the supply of a specialty paper production line.

PM40

The PM40 closed Friday, 01 June at 1758.55.

RearView

The PM40 closed 01 June 2012 down 12.5% from the 03 June 2011 level.

New Players in Domestic Linerboard and Medium Production

By:

James R. Thompson, Executive Editor

An extremely interesting development.

Disconnected Comparisons

In this issue we evaluate Universal Forest Products and Bemis Company.

Insider Trading

Reported insider trading since the last issue of PaperMoney.

Ilim Group First Quarter Pulp and Paper Production

Ilim Group’s mills in Russia and Siberia manufactured 636,000 tons of pulp and paper products in the first quarter of 2012.

Kruger to Reassess its Corner Brook Operation

Pension plan funding relief measures rejected.

Catalyst Paper's Restructuring Plan Nixed

Catalyst Paper's current restructuring plan was not approved by sufficient numbers of creditors.

Rottneros to Close Groundwood Pulp Production

Rottneros has decided to close groundwood pulp production at its Rottneros mill in Sweden.

Cascades to Keep Norampac Mill Open

Cascades has decides that its Norampac–Trenton will remain open.

Explosion at Verso Plant Kills One Worker

Explosion at Verso Paper’s mill in Sartell, Minnesota, kills one worker and injures four others.

Earnings Announcements

The Final Word by Jim Thompson

Looking at the price of the IP sale...

Appleton Papers and Hicks Acquisition II Agree to Combine

Appleton Papers and Hicks Acquisition Company agree to USD 675 million business combination.

UPM Sells its Packaging Paper Operations to Billerud

UPM has sold of its packaging paper operations mills to Billerud.

UPM Raflatac to Acquire Gascogne Laminates Switzerland

UPM Raflatac to acquire the business operations of Gascogne Laminates Switzerland.

UPM Sells Closed Albbruck Mill to Karl Unternehmensgruppe

UPM Sells Albbruck Mill to Karl Unternehmensgruppe.

International Paper Agrees to Sell Three Mills

International Paper announces agreements to sell three U.S. containerboard mills.

AbitibiBowaters Becomes Resolute Forest Products

AbitibiBowater shareholders approve company name change to Resolute Forest Products .

PM40

The PM40 closed 04 May 2012 at 1928.29.

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