Global Paper Money

AkzoNobel Invests EUR 80 Million in Suzano Pulp Mill in Brazil

AkzoNobel 15-year agreement emphasizes the importance of high growth markets in Brazil.

Metso Inaugurates New Facilities in Brazil

Metso inaugurates new facilities in Araucária, Brazil.

UPM to Outsource to IT Services to HCL

UPM and HCL Technologies Limited have signed a five year outsourcing frame agreement.

Resolute Updates Status of Fibrek Offer

Resolute Forest Products announced that it has received a favorable decision from the federal Minister of Industry.

The Final Word by Jim Thompson

A new way to communicate with you.

Earnings Announcements

Prospective Buyers Eye Terrace Bay Pulp and NewPage Mills

Talks continue in potential sales of Terrace Bay Pulp and NewPage mills.

SCA Acquires PLF

SCA acquires French timber-processing company PLF.

Stora Enso

Stora Enso has successfully issueda seven-year EUR 500 million eurobond.

If the Government is Against Us, Who can be for Us?

By:

James R. Thompson, Executive Editor

To heck with the economy.

PM40

The PM40 closed 24 February 2012 at 2020.87.

RearView

The PM40 closed 24 February 2012 down 3.5% from the 25 February 2011 level.

Disconnected Comparisons

In this issue we evaluate Rock-Tenn Company and USG Corporation.

Insider Trading

Reported insider trading since the last issue of PaperMoney.

Rayonier

Rayonier announces pricing of USD 325 million senior notes offering.

Metso to Upgrade Recovery Boiler for Billerud

Metso will supply a recovery system upgrade for Billerud in Sweden.

PMT Italia to Supply Replacement Suction Rolls in Indonesia

A leading pulp and paper company in Indonesia has selected PMT Italia to replace two suction rolls.

Toscotec to Rebuild PM 2 Tissue Machine for Sipat

Toscotec has received a contract to rebuild the Sipat S.A PM 2 tissue machine in Meknes, Morocco.

Andritz has successfully started up the PM11 tissue paper machine supplied to Hengan Group Chongqing.

Voith to Supply Tissue Plant to SCA Hygiene Products GmbH

SCA Hygiene Products GmbH has placed an order with Voith to supply a complete tissue plant.

Tembec

Tembec announces closing of add-on offering of USD 50 million.

Cascades to Close Plant in Toronto

Cascades continues to consolidate its operations.

The Final Word by Jim Thompson

Never give up the fight.

Earnings Announcements

RockTenn Closes Containerboard Mill in Matane, Quebec

RockTenn announces the permanent closure of its Matane, Quebec, containerboard mill.

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