Global Paper Money

Rock-Tenn and Smurfit Stone Advance Toward Merger

RockTenn and Smurfit-Stone to deliver joint proxy statement/prospectus and hold shareholder meetings concerning planned merger.

Metsä Tissue Announces Major Investment Program in Poland

Metsä Tissue will invest EUR 55 million in improvements at its Krapkowice mill in Poland.

SCA Expaning Tissue Capacity in Russian and Germany

SCA is investing in expanded tissue capacity in Russia and Germany and energy improvements in Sweden.

Södra Signs Agreement with Angara Paper

Södra in agreement with Angara Paper about new Russian pulp mill.

Alternative Asset Analysis has stated that it welcomes reports of increased Far East demand for U.S. forestry products.

AF&PA-led coalition asks U.S. Environmental Protection Agency to stay Boiler MACT and CISWI rules.

Andritz to Deliver Biomass Boiler for Iggesund Paperboard, UK

Andritz has received an order from Holmen AB’s subsidiary Iggesund Paperboard to deliver a biomass boiler island for Iggesund Paperboard (Workington) in Cumbria, United Kingdom.

An Ending?

By:

Don Meadows, Editor

The future of papermaking in central Maine is in doubt as a deal to buy the Millinocket and East Millinocket mills falls through.

PM40

The PM40 closed 08 April 2011 at 2128.56.

RearView

The PM40 closed up...

Sappi

Sappi announced that it priced its upsized bond offering to raise approximately USD 705 million equivalent of new senior secured notes.

Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Clearwater Paper Corp and International Paper Company.

Insider Trading

Asian Tiger Moving Into Canada

By:

Neil McCubbin

In Canada, we are now seeing a reawakening in pulp, due to the Indonesian Sinar Mas group’s ambitious plans to enter pulp manufacturing here.

Nippon Paper Group Mills Resume Operations

Nippon Paper Group has resumed operations suspended as a result of the earthquake centered off the coast of Miyagi Prefecture.

International Forest Products Limited

International Forest Products has closed the previously announced public offering of 8,222,500 class A subordinate voting shares.

Stora Enso Extends Maturity of Loan Facility in China

Stora Enso has signed a loan facility agreement with the International Finance Corporation.

Catalyst Paper Curtails Production at Snowflake Mill in Arizona

Catalyst Paper announced that it will curtail production by approximately 5500 metric tons at its Snowflake mill.

EACOM Timber Corporation

EACOM Timber Corporation announced a private placement of 60,000,000 common shares for gross proceeds of CAD 30.0 million.

West Fraser Timber to Sell Skeena Sawmills Division

West Fraser announced that it has entered into an agreement to sell its Skeena Sawmills Division to ROC Holdings.

Proposed Demerger of MPSA

Mondi Group today announced its intention to separate its interest in Mondi Packaging South Africa.

The Final Word by Jim Thompson

Now is the time...

Earnings Announcements

Tembec to Build Pilot Plant for Specialty Product Development

Tembec announced that it will proceed with the construction of a pilot plant for the development of a high performance structural product.

TimberWest Forest Agrees to Acquisition by Two Pension Funds

TimberWest Forest Corporation has entered into a definitive agreement to be acquired by two leading Canadian pension funds.

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