Global Paper Money

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.

RearView

The PM40 closed 04 May 2012 down 7.4% from the 06 May 2011 level.

Disconnected Comparisons

In this issue we evaluate Stora Enso OYJ and Amcor Limited.

Insider Trading

Reported insider trading since the last issue of PaperMoney.

Turbulence from Europe

By:

Don Meadows, Editor

Elections in Europe signal a shift away from austerity as the primary solution to economic debt, and J.P. Morgan fuels efforts to regulate banking and investment firms.

Baikal Pulp and Paper Mill Seeks Creditor Relief

Baikal Pulp and Paper Mill asks for help from creditors.

Andritz Starts Yankee Dryer Supplied to Doh-Ei in Japan

Andritiz has successfully started up Japan’s first steel Yankee for tissue machines.

International Paper Shedding Some Facilities

More facility closures likely coming for International Paper.

The Final Word by Jim Thompson

Be the last mill standing.

Earnings Announcements

The Times They Are A Changing

By:

Dennis Shore

Appita Conference and Exhibition provides benchmark of how the industry must adapt and reinvent itself to address change

Mercer International Files for NAFTA Arbitration on Canada

Mercer International has filed an arbitration request under NAFTA against Canada.

Resolute Forest Products Holds Additional Shares of Fibrek

Resolute now holds 63.3% of Fibrek shares.

German Recycling Group Alba Acquires Reciclajes Dolaf in Spain

Alba Group is entering the Spanish recovered paper market.

Heinzel to Build New Kraft Paper Machine

Heinzel Group will build a new paper machine at its Pöls site in Austria.

Fibrek Signs Contract to Supply Green Energy

Fibrek has concluded an agreement for the sale of green energy.

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