Global Paper Money

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.

The Final Word by Jim Thompson

Not in my back yard.

Earnings Announcements

A New Generation in Canada?

By:

Neil McCubbin

Time for a younger generation to take command of Canadian operations?

Cascades broadens its market presence in Ontario.

Resolute Announces Take-Up of Fibrek Shares

Resolute announces take-up of 46.8% of Fibrek shares and extension of offer to 23 April.

SCA Increases Ownership in Chinese Tissue Company Vinda

SCA has decided to acquire an additional 5% of shares in Vinda.

Fortress Paper Joins Forest Products Association of Canada

Fortress Paper has become the newest Forest Products Association of Canada member.

Perceptions vs. Political Agendas

By:

James R. Thompson, Executive Editor

Public perception vs. political agendas...

PM40

The PM40 closed 23 March 2012 at 2039.06.

RearView

The PM40 closed 23 March 2012 down 1.0% from the 24 March 2011 level.

Disconnected Comparisons

In this issue we evaluate Sappi Limited and Wausau Paper Corporation.

Insider Trading

Reported insider trading since the last issue of PaperMoney.

Pöyry to Assist Tembec With Energy Upgrades

Pöyry is helping Tembec's cellulose manufacturing facility in Canada to reduce sulfur dioxide emissions.

Catalyst Paper Reaches New Labor Agreements in Canada

Catalyst has reached new 5-year labor agreement with unions at its Canadian mills.

The Final Word by Jim Thompson

What is the new normal?

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