Global Paper Money

Domtar announces closing of sale of Ottawa/Gatineau hydro assets

Catalyst Paper announced that it has accepted a qualified stalking horse bid from MLR Ventures, LLC

Stella-Jones Announces Execution of Definitive Agreement

Stella-Jones Inc. announces it has signed a definitive agreement to acquire the shares of McFarland Cascade Holdings, Inc.

BillerudKorsnäs is Formed

The combination between Billerud and Korsnäs is now completed

Resolute Forest Products to Build Wood Pellet Plant

Resolute Forest Prod. to build a pellet plant that will convert a currently underutilized residual material into a reliable source of renewable energy

Voith Producing Doctor Blades in North America

Voith Paper has formed a joint venture with Gulf Coast Manufacturing

Time, change and new ideas

By:

Steve Roush, Publisher and Editor

The successful people and industries have always been willing and eager to adapt to change and embrace new ideas.

PM40

The PM40 closed Friday, 16 November 2012 at 2070.

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

RearView

The PM40 closed 16 November 2012 up 18% from the 18 November 2011 level.

Disconnected Comparisons

In this issue we evaluate Buckeye Technologies Inc. and Greif, Inc.

Insider Trading

Reported insider trading since the last issue of PaperMoney.

Earnings Announcements

Australasian Pulp & Paper – 2012 in Review

By:

Dennis Shore

At this time of the year, we take a look at how the pulp and paper industry in Australia and New Zealand has fared for the business fiscal year, which in this part of the world is the year to June 30, 2012.

Metso Concludes Negotiations

Metso has concluded the statutory employer-employee negotiations covering personnel

Metso to Supply Four Tissue Production Lines

Metso has been awarded a repeat order for four complete tissue production lines for HengAn Group in China

Tembec Inaugurates a New Steam Turbine

Tembec inaugurated a new steam turbine investment of 16 million euros

Paperlinx to Lay Off 200 Employees in the UK

Paperlinx is pursuing restructuring measures