Global Paper Money

Metsä Tissue to Invest EUR 30 Million in Düren Mill

Metsä Tissue Corporation has announced plans to invest nearly EUR 30 million in its newly acquired capacity at the Düren mill in Germany.

UPM Timber to Begin Staff Reduction Negotiations

The UPM Timber business unit will begin negotiations on reorganization of its operational staff in Finland and Russia.

Managed Investment Forestry – Scheme or Scam

By:

Dennis Shore

In the mid-1990s an ambitious strategy was developed to effectively triple Australia’s plantation resource (then about 1 million hectares) by 2020.

Kimberly-Clark Introduces Tube-Free Toilet Paper

Kimberly-Clark today announced the introduction of the first toilet paper in the United States without the cardboard tube.

Lakeview Biomass Cogeneration Plant Construction Begins in Oregon

Iberdrola Renewables today announced the start of construction at its 26.8 megawatt Lakeview biomass cogeneration plant in Lakeview, Oregon.

Tembec

Tembec’s fourth quarter results for the period ended 25 September 2010, will be released on 17 November 2010.

Plum Creek Timber Company, Inc.

Plum Creek Timber Company, Inc. today announced a quarterly cash dividend of USD 0.42 per share.

The government of Canada is investing in West Fraser Mills Limited to improve the company's environmental performance

Domtar's mill in Espanola, Ontario, will receive CAD 700,000 under Canada's Pulp and Paper Green Transformation Program to replace its aerators to with more energy-efficient models.

New Markets Beckon for Those With Vision

By:

James R. Thompson, Executive Editor

There are many, many markets still left in the world.

PM40

The PM40 closed 22 October 2010 at 1787.47, up 2.9% from our last report – 08 October 2010.

RearView

The PM40 closed 22 October 2010 up 23.4% compared to the 23 October 2009 level.

Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate USG Corporation (USG) and Brookfield Infrastructure Partners L.P. (BIP).

Insider Trading

Reported insider trading since the last issue of PaperMoney reflects sales of 1965 shares at a price of USD 59.37 per share.

Domtar Announces Redemption of Certain Outstanding Notes

Domtar Corporation today announced that it will redeem approximately USD 135 million in aggregate principal amount.

The Final Word by Jim Thompson

Keep an eye on cotton.

NOW Solutions, Inc. announced today a new human resources management and payroll agreement with Howe Sound Pulp and Paper.

Andritz will convert a boiler fired by pulverized coal to a biomass-fired boiler in Dalkia Poznań’s combined heat and power plant in Poland.

AbitibiBowater Restructuring Approaches

The U.S. Bankruptcy Court is planning to hear arguments on AbitibiBowater's reorganization plans on 05 November 2010.

Metro Waste Paper Recovery Renamed Cascades Recovery

Metro Waste Paper Recovery Inc.changes its name to Cascades Recovery Inc.

Orient Paper Audit Committee Update

As of 25 October 2010, the independent investigation has made substantial progress and is now in its final stage.

Suzano Group Considering Pulp and Paper Production in Mozambique

Suzano Paper and Cellulose is considering production of pulp and paper in Mozambique.

Metso will provide a new fiberline to Yun Nan Yun-Jing Forestry and Pulp Mill.

Metso Supplies Fiberline to Fujian Qingshan Paper

Metso will provide a new fiberline for dissolving pulp to Fujian Qingshan Paper Industry Co., Ltd.

Metso to Supply Tissue Line to Fujian HengLi Paper in China

Metso will supply a complete tissue production line to Fujian HengLi Paper Co.

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