Global Paper Money

Metsä-Botnia Acquires Shares from UPM

UPM sells 6.7% of Metsä-Botnia.

SCA and Sappi Extend Sourcing Cooperation

SCA and Sappi have agreed to expand their sourcing cooperation.

Slave Lake Pulp turns to biomethane for electricity and process heat.

Metsä Tissue to Market Georgia-Pacific Tissue in Russia

Metsä Tissue signs a license agreement related to Georgia-Pacific's Lotus brand

Papyrus Australia has entered into an agreement with the Egyptian Banana Fibre Company for veneer production and distribution

The View at Mid Year

By:

James R. Thompson, Executive Editor

The second half of 2011...

PM40

The PM40 closed 10 June 2011 at 1987.61.

RearView

The PM40 closed 10 June 2011 up 23.4% compared to the 11 June 2010 level.

Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate P.H. Glatfelter Company (GLT) and the McGraw-Hill Companies, Inc. (MHP).

Insider Trading

Reported insider trading since the last issue of PaperMoney.

Packaging and Health

By:

Don Meadows, Editor

Food packaging helps protect consumers's health, but can also be the source of potential health threats.

TimberWest Forest Acquisition Plan Approved by Canadian Court

TimberWest Forest Corporation announced today that the British Columbia Supreme Court has issued a final order approving the statutory plan.

A Different Kind of Biorefinery

By:

Neil McCubbin

Perhaps we should be looking at some alternatives to the present biotech proposals.

Metso to Rebuild Two Board Machines for M-real in Finland

Metso to rebuild machines at the Kyro and Äänekoski mills in Finland.

Double A Paper Expands in China

Double A Holdings Limited has signed an investment cooperation agreement with Dafeng Port Administrative Committee in China.

VIDA Paper to Increase Production at Lessebo Mill

VIDA Paper invests in cellulose dissolving pulp at Lessebo mill.

Glatfelter Expands Festooning Capacity

Glatfelter is expanding its proprietary festooning capacity.

Orient Paper Renovates and Adds Production Lines

Orient Paper is nearing completion of the renovation of one of its idle paper production lines.

SCA Containerboard to Complete Rebuild at German Mill

SCA Containerboard will stop its machine at Witzenhausen, Germany, for 17 days to complete a rebuild there.

Ahlstrom to Increase Capacity in Finland

Ahlstrom to increase its filtration material capacity in Tampere, Finland.

Potlatch Temporarily Closes Diamond-Aquarius Road for Repairs

Potlatch has closed the primary vehicle travel route between the town of Elk River, Idaho, and Granddad Bridge for the next several weeks.

The Final Word by Jim Thompson

A brighter operating future...

Earnings Announcements

International Paper Makes Proposal to Acquire Temple-Inland

International Paper is seeking to acquire all of the outstanding shares of Temple-Inland for USD 30.60 per share.

NewPage to sell Wisconsin Facility to AIM Demolition USA

NewPage to sell facility in Kimberly, Wisconsin, to AIM Demolition USA.

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