Global Paper Money

KapStone Records USD 63.6 Million Tax Benefit

KapStone Paper and Packaging Corporation benefits from Internal Revenue Service examination.

Glatfelter Inaugurates Festooning Line in Canada

Glatfelter announced the inauguration of its newest festooning line at its Gatineau, Quebec, Canada, facility

Norske Skog to Receive Electricity From NTE

Norske Skog has signed a long-term energy contract with NTE for electricity.

Buckeye Closes Cotton Linter Pulp Line in Brazil

Buckeye is closing its cotton linter pulp production line in Americana, Brazil.

Graphic Packaging to Relocate Headquarters

Graphic Packaging relocates to Sandy Springs, Georgia.

St. Mary's Paper in Receivership

Shuttered St. Mary's Paper pushed into receivership.

Metsa Tissue to Close Mill in Poland

Metsa Tissue has decided to close production at its Konstancin-Jeziorna mill in Poland.

Metso to Provide Automation Technology to Stora Enso in Poland

Metso has received an automation order for Stora Enso Narew at Ostroleka in Poland.

Rottneros Denies Pulp Mills Sales Rumor

Rottneros denies any assignment to advisors to dispose of any of the Group's pulp mills.

Arauco to Rebuild Fire-Ravaged Plant

ARAUCO announces reconstruction of Nueva Aldea panel mill

Fibrek is recommending that its shareholders reject the AbitibiBowater insider bid.

Pacific West Commercial Wins Bid For Port Hawkesbury Mill

Pacific West Commercial Corporation is the successful bidder for the idled NewPage Port Hawkesbury mill.

Verso Paper Completes Renewable Energy Project at Quinnesec Mill

Verso Paper Corporation announced that it has completed a USD 45 million renewable energy project.

Resilience Capital Partners Acquires Weaber

Resilience Capital Partners has acquired Weaber, Inc.

Annual Timber Sales in Finland

Increases seen in timber sales in Finland, though volume purchase declined from 2010.

Fortress Paper Ltd.

Fortress Paper announces CAD 40.25 million closing.

Tax Exempt Bonds

By:

James R. Thompson, Executive Editor

Tax exempt solid waste exclusion bonds are back.

PM40

The PM40 closed 23 December 2011 at 1802.1.

RearView

The PM40 closed 23 December 2011 down 4.7% from the 24 December 2010 level.

Disconnected Comparisons

In this issue we evaluate Orchids Paper Products Company and Sonoco Products Company.

Insider Trading

Reported insider trading since the last issue of PaperMoney.

Metso to Update Recover Boiler at Stora Enso Imatra

Metso to deliver recovery boiler to Stora Enso.

Metso to Rebuild Fiber Line for Daio Paper

Metso to rebuild fiber line for Daio Paper in Japan.

Century Textiles Temporarily Closes Pulp and Paper Division

Century Textiles has temporarily closed its pulp and paper division.

Orient Paper announces production launch of its new corrugating medium paper line.

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