Plum Creek has completed the third and final phase of its sale of western forestlands to The Nature Conservancy and The Trust for Public Land.
TurboSonic Technologies, Inc. has been awarded a USD 1.25 million contract to reduce particleboard dryer exhaust in Brazil.
Kimberly-Clark and Domtar launch new campaigns to market paper to the public.
The PM40 closed 05 November 2010 at 1885.243, up 5.5% from our last report – 22 October 2010.
The PM40 closed 05 November 2010 up 32.6% compared to the 06 November 2009 level.
Reported insider trading since the last issue of PaperMoney reflects sales of 62,000 shares at an average price of USD 17.78 per share and purchases of 5703 shares at an average price of USD 52.06 per share.
In this issue of Disconnected Comparisons, we evaluate Verso Paper Corp. (VRS) and Buckeye Technologies Inc. (BKI).
Plum Creek Timberlands, L.P., a wholly owned subsidiary and operating partnership of Plum Creek Timber Company, Inc. announced today the pricing of its public offering of USD 575 million.
With the assistance of a loan, St. Marys Paper Corp. is gearing up to restart by early December.
PM 6 will be stopped at the end of November and the downtime will last at least until the end of 2010.
Mercer International Inc.announced that it has agreed to sell USD 300 million in aggregate principal amount of 9.5% senior notes.
Andritz will deliver two tissue machines,to Ganzhou Hwagain Paper Products, China
The shutdown for maintenance work for Vallvik mill has ended and production is back on track.
Metso has inaugurated its third service center for the pulp and paper industry in China, in Zibo, Shandong Province.
Metso will relocate a containerboard machine for PT. Pelita Cengkareng Paper & Co. in Indonesia.
Greif, Inc. closed on a USD 1 billion facility replacing an existing USD 700 million senior secured credit facility that was scheduled to expire in February 2012.
Voith is running pilot tests on the first carbon nanotube forming fabric.
Stora Enso will exercise its right to redeem all of the USD 421 million bond
maturing in May 2011.
Worldwide, countries face the realities of tight economies.
Quad/Graphics, Inc. the second largest provider of print, digital, and related services in North America, today announced it has purchased HGI Company.
Quad/Graphics, Inc., a leading printer of retail advertising inserts in North America, announced today it is investing USD 20 million to expand its insert printing capabilities.
Sonoco announced today the expiration and final results of its offer to purchase any and all of its 6.50% notes due 2013.
Fraser Papers Inc. announced today that it has reached an agreement to sell substantially all of its assets to MM Consulting and Contracting Company LLC.
Sino-Forest Corporation, a leading commercial forest plantation operator in China, is pleased to announce today the acquisition of a New Zealand plantation.
