Each issue of PaperMoney is approximately 500 fact filled pages.
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Management Side
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I think management styles are like men's razors--we are always looking for the perfect solution. Shelves full of management books back up my claim. We here at Paperitalo Publications do not have all the answers to good management. We do adhere to a couple of principles, however...

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The PM40 closed Friday, 28 August 2015, at 3050.

31 Aug 15 Get the latest PM40 update by listening to the weekly Nips show by Pulp & Paper Radio International.

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The PM40 closed 28 August 2015 down 8.2% from the 29 August 2014 level.

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In this issue of Disconnected Comparisons, we evaluate Universal Forest Products and Weyerhaeuser.

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Reported insider trading since the last issue of PaperMoney.

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World Perspectives

Subsidies, Lawyers and all that

The US Department of Commerce has determined that Canadian super-calendered paper imports are "unfairly subsidized" and is applying a duty of 20.33% to paper from the Port Hawkesbury mill, and lesser rates to paper from three other mills. The decision is subject to various review processes, but takes effect immediately in the sense that the duty must be paid and held in trust, pending a final decision. I will not compete with the crowd of Canadian and US lobbyists and lawyers by attempting to analyze the true balance of the subsidy situation, but I have to wonder how anyone can make an honest, rational analysis of what is fair in such a complex issue.

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The Roman Statesman Cicero is credited with the expression "as you have sown so shall you reap," and there are biblical variants in the Old and New Testaments. The expression has a powerful literal and figurative relevance to the Australian forestry industry...

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Corporate SEC Filings

Pulp and Paper Manufacturers report to the US Securities and Exchange Commission

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These three independent businesses are expected to deliver strategic and financial benefits

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Tissue production plant in Saint-Cyr-en-Val, France to close

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The Fine Print

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Permission granted for reprinting, as long as entire articles are reprinted without modification or truncation.

"PaperMoney" is a registered trademark (USPTO Reg. No. 2947381) of Talo Analytic International, Inc.

Be safe, and we will talk next week,

Jim Thompson

Paperitalo Publications
The Home of your Prospects (TM)

Paperitalo Publications LLC

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