Global Paper Money

Cascades to Sell Two U.S. Mills to OpenGate Capital

Cascades continues optimizing its portfolio of assets.

TimberWest Forest Corporation Acquisition Gains Voter Approval

Timberwest security holders approve acquisition by BCIMC and PSP investments.

Sino-Forest Corp. confirmed that the Ontario Securities Commission has opened an investigation.

Louisiana-Pacific Corporation's subsidiary, LP South America (LPSA), has acquired the remaining 25% equity interest in LP-Brasil OSB.

Corrugated Packaging Safe From E. coli

Escherichia coli bacteria cannot survive in corrugated packaging.

Domtar Launches "The Paper Trail" Environmental Impact Calculator

A new environmental tool from Domtar Corporation offers customers the ability to view the environmental impacts of specific papers.

Where Do We Find Bright Spots?

By:

James R. Thompson, Executive Editor

The economy in Europe and the United States seems to continue to sputter along.

PM40

The PM40 closed 27 May 2011 at 2073.35.

RearView

The PM40 closed 27 May 2011 up 28.2% compared to the 28 May 2010 level.

Disconnected Comparisons

In this issue, we evaluate Fibria Celulose S.A. and Louisiana-Pacific Corporation.

Insider Trading

Reported insider trading since the last issue of PaperMoney.

Fibrek and the Saint-Felicien Mill Employee Union Reach Agreement

Paperworkers Union of Canada have voted in favor of a new collective bargaining agreement.

Grays Harbor Paper to Close Facility at Hoquiam, Washington

Grays Harbor Paper has announced the permanent shutdown of the Hoquiam,
Washington facility.

Sappi Fine Paper Europe will cease production of coated graphic paper at its Biberist paper mill.

Forest fires have caused substantial damage to Slave Lake, Alberta, and surrounding areas.

Metso to Supply Woodyards to Duratex in Brazil

Metso will supply complete woodyard equipment and defibrator systems for the two new MDF projects of Duratex S.A. in Brazil.

Metso to Supply Rebuild for Cartones Ponderosa

Metso will rebuild the folding boxboard machine at the San Juan del Río mill in Mexico.

Metso Expanding U.S. Valve Facility

Metso is investing in valve production and services in the United States.

Ilim Group First Quarter Production Results

Ilim Group has manufactured 635,000 tons of market pulp and paper products.

Ilim Group Tests Larch Pulping Processes

Ilim Group notes progress on investment project on cooking pulp from larch wood.

Catalyst Issues Update on Production Downtime

Catalyst Paper indicated that total downtime at its Powell River and Snowflake mills is expected to be 25 days rather than 14.

RockTenn to Close Three Corrugated Container Plants

RockTenn will close three former Smurfit-Stone corrugated container plants.

UPM to Begin Production of Coated Fine Paper Sheets in Finland

UPM will begin the production of coated fine paper sheets at its Kymi mill in Kouvola, Finland, in autumn 2012.

Metsä Tissue's Düren Mill to Produce Baking and Cooking Papers

Metsä Tissue is finalizing the full rebuild of paper machine 5 and related facilities in Düren, Germany.

Nippon Paper Industries Anticipates Restart of Ishinomaki Mill

Nippon Paper Industries will restart the production of printing and publication paper at the Ishinomaki mill by the end of September.

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