Global Paper Money

Voith to Provide Maintenance to Alier S.A.

Alier S.A. entrusts Voith with maintenance contract.

Tembec Reaches Contract Agreement at Kapuskasing

Tembec has reached an agreement with its employees in Kapuskasing, Ontario.

The Final Word by Jim Thompson

Travel plans.

UPM Raflatac Opens Label Stock Terminal in Mexico City

UPM Raflatac announces the opening of a new label stock slitting and distribution terminal in Mexico City

Catalyst Paper Obtains Extension of Creditor Protection

Catalyst Paper has obtained an order from the Supreme Court of British Columbia extending its protection.

Sinclar Group Forest Products sawmill destroy by explosion and fire and employees injured.

Cascades Inc. announces the consolidation of its corrugated product plants in Ontario.

Earnings Announcements

The Watermill Group Acquires Manistique Paper

The Watermill Group acquires 100% recycled paper producer Manistique Paper.

SCA to Sell Packaging Operations in France to DS Smith

SCA has accepted DS Smith´s formal offer to acquire the packaging operations in France.

Fortress Paper and Domtar Extend Mill Acquisition Closing Date

Fortress Paper and Domtar agree to extend date for acquisition of pulp mill.

Domtar is Investing in Fuel Technology Development

Domtar plans to convert wood waste to liquid fuels at its Dryden mill.

Canfor Announces Capital Investment Projects

Canfor will be proceeding with capital improvement projects totalling approximately CAD 40 million.

Insider Trading

Reported insider trading since the last issue of PaperMoney.

RearView

The PM40 closed 05 April 2012 down 5.3% from the 08 April 2011 level.

Disconnected Comparisons

In this issue we evaluate Schweitzer-Mauduit International, Inc. and Weyerhaeuser Company.

PM40

The PM40 closed 05 April 2012 at 2016.14.

Feasting on Titanic

By:

Don Meadows, Editor

Even after 100 years after it sank, we're still obsessed with, and learning about (and from) Titanic.

Cascades to Close Norampac-Trenton Mill

Cascades has decided to close its Norampac–Trenton mill.

M-real Corporation has agreed to divest 7.3 percentage points of Holdings in Metsa Fibre to Itochu Corporation.

UPM Plans to Restructure Operations in Finland

UPM plans to restructure its production operations in Finland.

ABB Awarded Five-Year Service Contract by Sappi

ABB awarded five-year service contract for Sappi paper mill in the Netherlands

Stora Enso to Close Mill in Hungary

Stora Enso renewable packaging plans to restructure converting operation in Hungary and Spain.

Pöyry's industry business group has been awarded a services contract by Klabin for mill in Brazil.

Pactiv Molded Fiber Facility Closing

Pactiv is closing the molded fiber plant in Griffith, Indiana.

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