Global Paper Money

Andritz to Supply OCC Line for Stora Enso, Poland

Andritz will supply an old corrugated container line to Stora Enso Narew Sp. z o.o. for board machine in Poland.

Quit Rocking the Boat

By:

James R. Thompson, Executive Editor

Actions that promote a stable business environment enable opportunities for economic growth.

PM40

The PM40 closed 22 July 2011 at 2081.31

RearView

The PM40 closed 22 July 2011 up 22.2% compared to the 23 July 2010 level.

Disconnected Comparisons

In this issue we evaluate Hadera Paper Ltd. and MOD-PAC Corporation.

Insider Trading

Shares and prices since last issue.

China Shengda Packaging Group Adds Production Line

China Shengda Packaging Group launches new production line for five-color flexo printing, slotting, and die-cutting.

Sappi Fine Paper Europe Closes Swiss Mill

Sappi Fine Paper Europe announces final closure of Biberist Mill in Switzerland.

Ilim Group Production Milestones

Ilim Group have produced 738,000 tons of pulp and paper products.

Earnings Announcements

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.

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