Global Paper Money

Canfor to Close Clear Lake Lumber Operation

Canfor Corporation will be permanently closing its Clear Lake lumber operation.

RearView

The PM40 closed 24 September 2010 up 22.1% compared to the 23 September 2009 level.

PM40

The PM40 closed 24 September 2010 at 1696.47, up 1.9% from our last report – 10 September 2010.

Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Temple-Inland, Inc. (TIN) and Bemis Company, Inc. (BMS).

Insider Trading

Reported insider trading since the last issue of PaperMoney reflects sales of 90,000 shares at an average price of USD 23.14 per share.

Metso to Supply Tissue Line to Industrie Cartarie Tronchetti

Metso will supply a complete tissue production line to the Italian Industrie Cartarie Tronchetti group.

UPM Fray Bentos Pulp Mill Schedules Annual Maintenance Shutdown

The annual maintenance shutdown at UPM's Fray Bentos pulp mill in Uruguay is planned to begin 21 October.

Mondi Syktyvkar mill to use a Honeywell control system for the chemical regeneration plant of a new pulping line.

Fraser Papers Terminates Agreement to Sell Mill

Fraser Papers Inc. announced today that it has terminated the agreement to sell its paper mill in Gorham, New Hampshire.

Votorantim Participacoes S.A. has received the requisite consents for its 7.875% notes due 2014.

Freshwater Tissue Shuts Samoa Pulp Mill Permanently

The owners of the Samoa Pulp mill have abandoned plans to restart the plant.

UPM Applies for Listing of Stock Options 2007A

UPM-Kymmene Corporation applies for listing of stock option rights 2007A.

Reynolds Group Holdings Limited announces entry into bank amendment and anticipated funding of Pactiv acquisition.

Ahlstrom Investigates Options for Spunlace Line

Ahlstrom, a global leader in nonwovens and specialty papers, will today start consultations with employees and customers to investigate future optionsfor spunlace line at its Chirnside plant in the United Kingdom.

Domtar Unveils "Paper Because" Promotional Campaign

Domtar Corporation is launching an advertising campaign to promote paper use that will appear in major U.S. and Canadian media outlets.

International Paper announced today that it has closed the sale of 163,000 acres under contract with Figure 8 Partners, LP.

Pactiv and Reynolds Clear Waiting Period for Proposed Merger

Pactiv Corporation and Reynolds Group Holdings Limited today announced that the waiting period relating to Reynolds Group’s proposed merger with Pactiv has expired.

GLV Completes Christ Water Technology Privatization

GLV Inc. has completed the privatization process of Christ Water Technology AG.

The Final Word by Jim Thompson

Vending machines for cut paper -- worth a try?

Earnings Announcements

M-real to Increase Boxboard Capacity at Simpele Mill

M-real Corporation is planning to increase the annual folding boxboard capacity of Simpele mill by about 80,000 metric tons.

UPM and Myllykoski Group Consider Possible Transaction

UPM confirms that it is engaged in discussions with the Finnish publication paper company Myllykoski Group.

Stora Enso is continuing to expand in solid biofuels by investing EUR 10 million.

Mercer International Inc. Completes Turbine Performance Test

Mercer International Inc. today announced completion of an important milestone in the Green Energy Project at its Celgar mill.

Domtar Sells its Woodland, Maine, Market Pulp Mill

Domtar Corporation has sold its Woodland hardwood market pulp mill, hydro electric assets, and related assets.

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