Global Paper Money

Port Hawkesbury Paper Mill Re-Opens

Pacific West Commercial Corp. reached an agreement with the Nova Scotian Govt. to take over the New Page paper mill

BD White Birch Investment LLC has Completed the Acquisition

Brant family and investment group complete purchase of White Birch

Iggesund Mill to Streamline its Organisation

Holmen’s paperboard mill in Iggesund is to make its operations more efficient

GP Creating New Jobs in S.C.

Georgia-Pacific is creating more than 100 new manufacturing jobs in the Palmetto State

Södra Will Be Reducing

Cost review will lead to redundancies at Södra

Sappi Alfeld Mill to Refocus Production

Sappi Alfeld Mill to refocus production to meet strong growth in demand

SCA Considers Closure

SCA wants to shut down production capacity in Sweden

Akzo Nobel to Close Two Manufacturing Sites

Not only is the paper industry in distress

Smurfit Kappa Group Expands in Mexican Market

Smurfit Kappa Group is strengthening its business outside of Europe

Angara Paper Partners with Marubeni

Angara Paper is one step closer towards its first pulp mill in Russia

Stora Enso Expands Renewable Packaging Business

Stora Enso expands packaging business to Pakistan

Catalyst Begins Sales Process

Catalyst Paper has begun a sale process for its Snowflake mill and associated assets

IP to Acquire Remaining Shares in Turkish JV Olmuksa

International Paper is strengthening its foothold in the Turkish packaging market

Being prepared is always the best policy

By:

Steve Roush, Publisher and Editor

When potential threats present themselves, it’s always best to be proactive and take the issues head-on.

PM40

The PM40 closed Friday, 14 September 2012 at 2167.

24 Sept 12 Get the latest PM40 update by listening to the weekly Nips show by Pulp & Paper Radio International.

RearView

The PM40 closed 14 September 2012 up 22% from the 16 September 2011 level.

Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Amcor Limited and Domtar Corp.

Insider Trading

Reported insider trading since the last issue of PaperMoney.

Earnings Announcements

Norske Skog to Make Changes

Norske Skog will convert a machine and close one newsprint machine

Resolute Announces Debt Reduction

Resolute Forest Products Inc. announced it would redeem an additional $85 million of its 10.25% senior secured notes

Cascades Extends and Amends its Revolving Credit Facility

Cascades Inc. announces it has entered into an agreement with its banking syndicate

Fortress Paper Provides Corporate Update

Fortress Paper Ltd. provides a general corporate update relating to its operations

Catalyst Paper Announces Successful Reorganization

Catalyst Paper announced today that it has successfully completed its previously announced reorganization

Settlement at Voith Paper

Restructuring measures at Voith Paper have settled for a reconciliation of interests

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