Global Paper Money

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.

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.

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