First, I want to thank Don Meadows for years of faithful service to PaperMoney, and for nearly 20 years of friendship as we have toiled through the pulp and paper industry together. Don is moving on and he will be missed.

Next, I want to make you aware of a special edition of our Monday evening (US. East Coast time) "Nips" program on Pulp and Paper Radio International. On 25 June 2012, I will be interviewing Ian Lifshitz, who is sustainability manager, Asia Pulp and Paper, Americas, about APP's environmental track record and plans. You will not want to miss this show, either live or as a podcast later.