Global Paper Money

Cascades Finalizes Acquisition of Papersource

Cascades has finalized its acquisition of Papersource.

Sonoco Acquires Tegrant

Sonoco has completed its acquisition of Tegrant Corporation; issues notes for financing.

Sappi Limited Plans Major Investments at Two U.S. Mills

Sappi Limited announces major investments in North American operations.

Resolute Forest Products Promotes New Identity

Resolute Forest Products Launches new identity.

Euro Worries

By:

James R. Thompson, Executive Editor

International financial stability wobbles.

PM40

The PM40 closed 21 October 2011 at 1729.03.

RearView

The PM40 closed 21 October 2011 down 3.3% from the 22 October 2010 level.

Disconnected Comparisons

In this issue we evaluate MeadWestvaco Corp. and Rock-Tenn Company.

Insider Trading

Reported insider trading since the last issue of PaperMoney.

Metso to Supply Pulp Line to Sappi's Ngodwana Mill

Metso to supply pulp line for chemical cellulose to Sappi’s Ngodwana mill.

Kadant Authorizes Share Repurchase

Kadant has authorized the repurchase of up to $30 million in securities.

The Final Word by Jim Thompson

Ziff Davis goes OmniDigital.

Earnings Announcements

M-real Plans Closure of Unprofitable Mills

Lacking suitable buyers, M-real looks to close mills in France and Germany.

UPM Seeks Lay-offs at Plywood Mills in Finland

UPM Plans to adjust the production of its Finnish plywood mills.

UPM Plywood Trims Staffing

UPM Plywood is reducing staff numbers and reorganizing its sales offices.

Buckeye to Increase Pulp Production at Foley Mill

Buckeye Technologies plans to increase its high-end specialty wood pulp capacity.

Fortress Paper has resumed construction at its mill in Thurso, Quebec.

Tembec, Al-Pac, and Others Receive Technology Development Funding

Tembec and Al-Pac receive government funding to develop new technologies.

Mohawk Fine Papers to Close Beckett Mill

Mohawk Fine Papers to close Beckett mill and transfer production.

Norske Skog to Restart Production at Skogn

Norske Skog is restarting PM2 at its Skogn mill.

Södra Timber to Limit Sawmill Production

Södra Timber will be limiting production at two sawmills in Sweden.

Overstrapping Files Suit Against Andritz

Ovalstrapping has filed suit accusing Andritz of misappropriating technology.

Court Okays Test Plots of Genetically Engineered Eucalyptus

Government agencies and environmental groups concerned about potential harm from ArboGen's modified trees.

Clearwater Paper to Sell Lewiston Sawmill to Idaho Forest Group

Clearwater Paper is selling its to Lewiston sawmill to Idaho Forest Group.

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