Global Paper Money

The Final Word by Jim Thompson

The 24-hour news cycle...

West Fraser Sells Sawmills Division to Roc Holdings

West Fraser's Skeena Sawmills Division sold to to Roc Holdings.

Temple-Inland Rejects IP's Unsolicited Tender Offer

Temple-Inland's board of directors has unanimously rejected International Paper's unsolicited tender offer.

Canfor announces capital investments for its Canadian sawmill operations.

Stora Enso Concludes Acquisition of Inpac International

Stora Enso has completed the acquisition of 51% of the Chinese packaging company

Stora Enso Invests in Sustainable Energy at Czech Sawmill

Stora Enso invests in sustainable energy at Zdirec sawmill in Czech Republic.

Cascades to Acquire Papersource

Cascades to purchase the remaining 50% shares of Papersource.

Arauco Panel Mill Brings Jobs to Teno, Chile

Arauco's cinstruction of a panel mill in Teno, Chile, generates opportunities for development.

Sonoco Sets Landfill-Free Waste Reduction Goals

Company targets five plants to be landfill-free by the end of 2011.

Rayonier

Rayonier to split stock and increase dividend 11%.

Clearwater Paper Corporation

Clearwater Paper's board of directors announces a 2-for-1 stock split and stock repurchase program.

Disconnected Comparisons

In this issue, we evaluate Greif, Inc. and Mercer International Inc.

RearView

A year-back performance comparison for 40 companies.

Space, the Economy, and Rupert Murdoch

By:

Don Meadows, Editor

The last Space Shuttle has been launched, the debt ceiling wrangling continues, and questionable ethics lead to damage control at News Corporation.

PM40

The PM40 closed 08 July 2011 at 2081.31.

Insider Trading

Recent share prices and sales.

APT Paper Group exports honeycomb paper technology and equipment to Malaysia.

MAJIQ Provides Business Software to Neucel Specialty Cellulose

Neucel automates its business management system.

Metso to Provide Mill Maintenance to Amcor Packaging

Metso and Amcor Packaging (Australia) Pty Ltd have executed an agreement for maintenance services to the Botany mill.

Metso to Supply Off-Machine Coater Main Parts to Ilim Group

Metso will supply the main components for the coated woodfree paper line’s off-machine coater at Ilim Group in Koryazhma, Russia.

New quality control system and service contract for paper mill in Italy.

Georgia-Pacific

Georgia-Pacific announces debt refinancing.

A Tale of Two Countries

By:

Dennis Shore

Industry ups and downs in Australia and New Zealand.

UPM Shotton's materials recovery facility inaugurated.

The Final Word by Jim Thompson

A good idea? Or is it...

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