Global Paper Money

Earnings Announcements

Gunns Pulp Mill Set to Roll ...or Not!

By:

Dennis Shore

Attitudes, economics, and markets could yet undermine proposed Gunns' mill.

Stora Enso Fine Paper Plans Restructuring

Stora Enso's Fine Paper is re-evaluating its working methods to increase cost competitiveness.

Domtar to Reduce Papermaking Capacity at Mill in Arkansas

Domtar Corporation will permanently shut down one of four paper machines at its mill in Ashdown, Arkansas.

Sonoco Begins Rebuilding Molded Wood Plug Operations

Sonoco has begun rebuilding its molded wood plug operations, which were lost to fire in November 2010.

Kadant Receives Recycling System Order from UK

Kadant announced that its Kadant Lamort SAS subsidiary has received an order for a stock-preparation system.

Fortress Paper Issues Operations Update

Fortress Paper provides general update relating to its operations.

Ilim Group Sums Recent Production of Mills in Siberia

Ilim Group mills in Siberia have manufactured 367,000 tons of pulp and paper products during the first quarter of 2011.

M-real Plans New Loss-Reduction Measures For Its Paper Business

M-real plans new measures to eliminate financial losses of its paper business.

Domtar Corporatio

Domtar to repurchase shares of common stock.

Schweitzer-Mauduit International

SWM has completed and signed a new multicurrency revolving bank credit facility.

Norske Skog to Sell its Forest Property in Brazil

Norske Skog is selling its forest areas in Brazil to improve the company's financial position.

Cascades Sells Dopaco to Reynolds Group Holdings Limited

Cascades completes the sale of Dopaco to Reynolds Group for USD 400 million.

UPM to Sell its Lohja Veneer Mill

UPM has agreed to sell its Lohja veneer mill from the plywood business area to the mill’s operative management.

Graphic Packaging International Acquires Sierra Pacific Packaging

Graphic Packaging International has completed its acquisition of Sierra Pacific Packaging.

Powerflute Oyj will dispose of its interests in the Papierfabrik Scheufelen group of companies.

Powerflute’s Savon Sellu Mill to Rebuild Packaging Line

Powerflute’s Savon Sellu mill will halt production for almost two weeks in May for its annual maintenance and packaging line rebuild.

Torraspapel Begins Major Investments at its Montañana Plant

Torraspapel is beginning an ambitious investment program at its Montañana plant.

Insider Trading

Reported insider trading since the last issue of PaperMoney.

IMF’s Prediction

By:

James R. Thompson, Executive Editor

Living in a new world?

PM40

The PM40 closed 22 April 2011 at 2103.452.

RearView

The PM40 closed 22 April 2011 up 11.3% compared to the 23 April 2010 level.

Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Deltic Timber Corporation (DEL) and KapStone Paper and Packaging Corporation.

Metso will rebuild a relocated fine paper machine for the Mexican Grupo Unipak, S.A. de C.V. PT.

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