Global Paper Money

Metso to Supply Recovery Boiler to Eldorado Celulose e Papel Pulp Mill in Brazil

Metso will supply a new recovery boiler and evaporation plant for Eldorado Celulose e Papel S.A.

AbitibiBowater to Permanently Close Paper Production

AbitibiBowater announced today that it will permanently close its paper machine at its Coosa Pines, Alabama operation

Metso Supplies a Recovery Boiler to Grasim Industries in India

Metso will supply the Harihar Polyfibers unit of Grasim Industries Limited with a recovery boiler.

Metso Expands its Maintenance Cooperation With SAICA

Metso and SAICA have made an outsourcing agreement on the mill maintenance of Saica Containerboard UK Ltd’s paper mill

Sonoco has reached and agreement with the Composite Can and Tube Institute to make the company's patented radial crush tester for paper tubes available to the industry.

Holmen to Close Paper Machine in Madrid

Holmen Paper will be shutting down production of printing paper at its smaller paper machine in Madrid

Cascades

Cascades has reached an agreement with a syndicate of banks to amend and renew its credit agreement with improved financing conditions.

Södra to Close Åtvidaberg Sawmill

Södra has decided to shut down most of its operations at its Södra Timber Åtvidaberg sawmill.

Cabled to Technology

By:

Don Meadows, Editor

We have become highly dependent on communications technology.

PM40

The PM40 closed 04 February 2011 at 2029.53.

RearView

The PM40 closed 04 February 2011 up 38.1% compared to the 05 February 2010 level.

Fire Halts Operations at Norske Skog's Saugbrugs Mill

Fire caused damage to part of the thermo-mechanical pulp plant at Norske Skog's Saugbrugs mill.

Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Boise Inc. (BZ) and P.H. Glatfelter Company (GLT).

Insider Trading

Reported insider trading since the last issue of PaperMoney reflects sales of 53,000 shares.

Arctic Paper S.A.

Arctic Paper S.A. is taking steps to address a net loss of nearly PLN 6.2 million recorded for three quarters of 2010.

Fortress Paper

Fortress Paper Ltd. has completed its deal offering resulting in aggregate gross proceeds of CAD 57,548,587.

Ilim Group Reports 2010 Production Milestones

Ilim Group’s mills manufactured 2,470,000 tons of pulp and paper products in 2010.

Arauco making final repairs to Line II at the company’s pulp mill.

Chesapeake Stuttgart Installing Heidelberg Press

Chesapeake Stuttgart will install an advanced Heidelberg printing presses later this year.

Metsä-Botnia to Build Gasification Plant at its Joutseno Mill

Metsä-Botnia, part of Metsäliitto Group, has decided to invest in a gasification plant at its Joutseno mill.

Pöyry Awarded Engineering Assignment by MWV Rigesa in Brazil

Pöyry's Industry business group has been awarded an assignment by MWV Rigesa Ltda., Brazil.

A Future in Paper Clothes?

By:

Neil McCubbin

Is the industry’s future in paper clothes?

TimberWest Forest Corporation has agreed to acquire 7678 hectares of private timberland on southern Vancouver Island.

Alberta Newsprint Receives Funding for Energy Technology

The Canadian government has invested CAD 1.05-million at the Alberta Newsprint Company mill in Whitecourt, Alberta, for energy improvements.

RockTenn and Smurfit-Stone announced that the Federal Trade Commission has granted early termination of the waiting period to proceed with the announced acquisition.

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