Ian Melin-Jones

Ian Melin-Jones

Here is an update on the story Newsprint Machines Back in Operation

When the Thunder Bay PM #5 re-start was announced the company indicated that "Despite the announcement, we are not looking to increase our newsprint production in the market. Consequently, we will need to adjust our operations, but no firm plans have been finalized on that front".

My assumption based on that announcement, and other discussions, was that the company would eventually announce a capacity reduction similar to the 250,000 tonnes that re-started on February the 5th. That assumption has been confirmed.

Another assumption on my end was that, until an offsetting closure was announced and taken, AbitibiBowater would attempt to run the machines it had in operation at full capacity. That assumption was incorrect. Although AbitibiBowater does not announce rotating downtime, the company has, and will, take downtime to balance off the Thunder Bay production.

This clarification allows us to better understand the level of excess newsprint supply in the North American market. Nevertheless, by itself, this 250,000 tonnes (annualized) will not make much difference. There is still way too much overcapacity.

Chilean stocks fell for a third consecutive session Wednesday, with construction and industrial stocks pulling back from recent gains in the wake of a huge earthquake that will require significant effort to rebuild and repair infrastructure.

Chile's IPSA equity index fell 1.5% to 3,708, pushing its three-day loss tally to more than 3%.

Pulp and paper products providers also struggled, with companies dealing with flooded and damaged facilities. Stock in Empresas CMPC fell 1.6%, extending losses of 2.8% on Tuesday after the company declared force-majeure for an initial period of 30 days because of the earthquake.

At the same time, shares of Copec slumped 4.3%, adding on to losses of more than 2% on Tuesday.

Also Wednesday, the Chilean government raised the death toll from Saturday's earthquake to 799. More than 2 million people have been displaced, and Chile has asked for aid from other countries.

RockTenn announces today a $60 per ton price increase on all grades of Containerboard. The price increase is effective for April, 2010 orders.

RockTenn (NYSE:RKT) is one of North America's leading manufacturers of paperboard, containerboard and consumer and corrugated packaging, with annual net sales of approximately $2.8 billion. RockTenn's 10,000 employees are committed to exceeding their customers' expectations - every time. The Company operates locations in the United States, Canada, Mexico, Chilé and Argentina. For more information, visit www.rocktenn.com.

SOURCE: RockTenn

RockTenn
John Stakel, 678-291-7900
VP-Treasurer

abbABB announced it is to engineer, deliver and commission the electrical systems to a new tissue production line supplied by Metso to SCA's new factory in Mexico. The delivery includes intelligent control and monitoring systems for power distribution, the new generation intelligent Motor Control Centers, frequency converters and high efficiency motors as well as a complete paper machine sectional drives system.

The delivery includes ABB's most recent application knowledge for the power distribution and motor control technique. The intelligent solution allows a higher degree of control and information transfer between the systems. ABB Process Industry unit from Vaasa, Finland, is responsible for the delivery, which it includes project management, engineering and site services.

"The electrical equipment, that drives the processes, is connected by modern field bus solutions into one functional system. By using the latest new generation products and applications know how the life cycle management and preventive maintenance of the system will be further enhanced", says Area Sales Manager Fredrik Grankull from ABB.

The new line will produce 60,000 tons/yr of high-quality facial, toilet and towel tissue grades. The start-up is planned for summer and autumn 2010 and ABB deliveries are scheduled for the beginning of 2010. The production at the mill, which is situated close to Mexico City, will start at the end of 2010.

Wednesday, 17 February 2010 13:00

Visumad Contest Award Ceremony

The Sustainable Social Housing in Wood Design Contest (Visumad in Spanish), organized by Universidad del Bío Bío, ARAUCO and Un Techo Para Chile Foundation, celebrated its award ceremony on January 6, at the Regional Government headquarters of Chile's VIII Region.

During the ceremony headed by Regional Intendant Jaime Tohá, first place was given to Rafael Anguita and José Becerra, a team of architects from Barcelona. Additionally, two honorary mentions were given to Santiago teams and three proposals were qualified as "suggested projects", one of which belonged to a team from San Pedro de la Paz, a community in the province of Concepción.

This initiative, which is part of the Public – Private Cooperation Agreement for the Development of the Arauco Territory, signed last June between the Regional Government, ARAUCO and the Arauco 7 Municipality Association, seeks to strengthen the region's forestry and wood identity, create new job opportunities and support economic development and social integration of the communities in the Arauco Province.

Iván Chamorro, ARAUCO's Corporate Responsibility and Public Affairs manager, pointed out that these are high standard social housing designs which include energy savings, neighborhood aspects and the incorporation of wood. "We're proud to be a part of this because we are an international company that has not forgotten its roots, and these are in Arauco. In this sense, we find this is an essential initiative that puts the intelligence and talent of the company, the academic world and the people to service in an area that is very precarious", he said.

Projects
First place was awarded to José Becerra and Andrés Anguita, whose project has been recognized for its use of a flexible system of housing typologies, creating variety and reinforcing the resident's identity. The houses are arranged in such a way that it creates good community areas with a social headquarter, emphasizing the notion of community life.

The home has a central basic nucleus for kitchen, bathrooms and a stairway that leads to the second floor, facilitating diverse arrangements for bedrooms, den and dining room with the possibility for future extensions. It integrates wood in its structure as well as in divisions and details. Also, the housing complex and each home individually take advantage of the solar radiation, reducing energy costs for light and heat.

As an alternative to traditional insulation, the project proposes the use of material manufactured using recycled paper that has low thermal conductivity, providing protection from summer heat and contention for heat inside the home, and providing excellent acoustic insulation as well.

One of two projects awarded with an honorary mention, belongs to Juan Pablo Ivanovic, Tomás Milnes and Pablo Valdivia. It was distinguished for creating a flexible home unit that can be enlarged, with community areas that generate identity and the combination of technical requirements and resource economy.

The project also presents three sustainability strategies: it defines the position of the houses in relation to the sun's path in order to provide the most sunlight; the house is designed with a wood structure based on prefabricated and industrialized modules, which simplifies construction and allows for it to be taken apart and moved; and the project proposes the installation of a sunlight collector on the roof of each home.

The other project that was awarded an honorary mention belongs to Rodolfo de la Paz, Laura Villanueva, Horacio Croxatto, Paola Adrovez, Daniel Díaz and Rafael Bas. It is based on a group of homes that emphasizes the notion of a neighborhood, set along a central community area that favors pedestrian circulation, eliminating the automobile direct accesses to homes (using a common parking area) which promotes neighbor interaction. The project also proposes maximization of space, auto construction, energy costs reduction and even the use of non organic waste.

The prizes for the winning projects were 2.5 million pesos for first place, and 600 thousand pesos for each of the honorary mentions.

The contest was organized by the Architecture, Construction and Design Faculty of Universidad del Bío Bío, ARAUCO and the Un Techo para Chile (A Roof for Chile) Foundation. It as sponsored by the Chilean Chamber of Construction, the Architects School of Chile, the Concepción regional delegation, the Arauco Plan, the National Project for Energy Efficiency, the VIMAD Project – CYTED Network, Bío Bío Region SERVIU, the Latin American Union of Architecture Schools and Faculties and CORMA – CTT.

Wednesday, 17 February 2010 11:00

Fibria, a new company is born

We are the result of the merger between Aracruz Celulose and Votorantim Celulose e Papel, two Brazilian companies with a solid presence in the global forestry product market.

We invest in forests as a renewable and sustainable source of life, to produce wealth and economic growth, to stimulate human and social development, and to assure environmental protection.

We came into being with a sense of pride in our origins and basic foundations - technological excellence, leadership, commitment to the future, and the vitality of our land.

This is all part of our history, our beliefs, and the knowledge we want to share.

Thursday, 04 February 2010 10:40

Stora Enso's and Arauco's joint-venture

storaensoStora Enso's and Arauco's joint-venture company in Uruguay, Montes del Plata, has decided to initiate a feasibility study on Punta Pereira as the site for a possible future pulp mill. Punta Pereira was also the site chosen for Spanish pulp maker ENCE's planned pulp mill. Stora Enso and Arauco acquired the majority of ENCE's operations in Uruguay in October 2009.                                

Studies prepared by Montes del Plata show that Punta Pereira, in the Department of Colonia, is a promising location for the possible pulp mill and therefore more detailed economic, technical, environmental and social studies are justified. Punta Pereira also offers flexibility in terms of planning of a long-term investment.                                                           

“We have come out with a decision which is based on our preliminary economic, operational and environmental findings. The identification of Punta Pereira will allow us to proceed to the next phase - a detailed feasibility study,” says Stora Enso CEO Jouko Karvinen.                                                  

The final decision on construction of the new pulp mill will be taken by the Boards of Directors of Stora Enso, Arauco and Montes del Plata once the feasibility study is completed.                                                 

For further information, please contact:                                        
Jouko Karvinen, CEO, tel. +358 2046 21410                                       
Nils Grafström, President, Stora Enso Latin America, tel. +55 1181 759 283      
Lauri Peltola, Head of Group Communications, tel. +358 2046 21380               

www.storaenso.com

www.storaenso.com/investors

Stora Enso is the world leader in forest industry sustainability. We offer our customers solutions based on renewable raw materials. Our products provide a climate-friendly alternative to many non-renewable materials, and have a smaller carbon footprint. Stora Enso is listed in the Dow Jones Sustainability Index and the FTSE4Good Index. Stora Enso employs 29 000 people worldwide, and our sales in 2008 amounted to EUR 11.0 billion. Stora Enso shares are listed on NASDAQ OMX Helsinki (STEAV, STERV) and Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) in the International OTCQX over-the-counter market.                                                       
STORA ENSO OYJ

Earth Capital Partners LLP (ECP) announce the arrival of their sustainable agriculture team: Bosworth Monck joins as Head of Sustainable Agriculture and Forestry investment for ECP, along with Gabriel Montana and Richard Smith who both join as Partners at the firm.

The new team will advise on agriculture, forestry and biodiversity investments, with a particular focus on deploying capital in Latin America. ECP plans to launch a series of institutional grade funds in these areas, each with appropriate risk-return characteristics and low correlation to traditional asset classes.

Stanley Fink, Non-Executive chairman of ECP commented, "Appointing this new agriculture team takes us one step closer to having a diversified range of sustainable investment opportunities for institutional investors. One of the positive developments to come out of Copenhagen was an agreement regarding deforestation and reforestation, and this will make the sector even more attractive for investors. ECP's Earth Dividend™ adds another layer of value in this sector clearly differentiating our product from others in the market"

Earth Capital Partners recently announced the launch and first close of its renewable energy fund, which invests in solar, biogas and biomass projects in Europe, Middle East and North Africa.

Monday, 01 February 2010 14:00

IV Certified Brazil

Certified Brazil Trade Fair, a biannual event on FSC certified forest products since 2004, will now also include certified agricultural products. It will bring together producers and potential clients of products that are environmentally appropriate and socially beneficial.

Certification is a market tool that assures the consumer that the origin of the product he buys, either from the forest or the farm, is known and that it meets strict international standards. In order to obtain certification, forest and agricultural enterprises must undergo social and environmental evaluations that confirm that they are managed in a way that favor environmental conservation and social benefits.

The trade fair will focus on products certified according to two types of certification schemes: the Forest Stewardship Council (FSC), which develops international standards for responsable forest management and the SAN (Sustainable Agriculture Network), whose Rainforest Alliance Certified label ensures responsible agricultural practices.

During this three day event, participants will be able to take part in the Business Forum, a space designed to host discussions on environmental issues related to the agricultural and forest sectors.

Time and place
April 07-09 2010 São Paulo, SP - Brazil
General Visitors Hours: 01:00 pm to 08:00 pm

abbArgentina center first in region to implement TÜV recognized Functional Safety Management System (FSMS)

ABB has just announced that its Safety Execution Center in Buenos Aires, Argentina has been certified by TÜV as having in place and applying a Functional Safety Management System (FSMS) for delivery and implementation of safety system projects in accordance to international industry standards.
TÜV Rheinland is the leading world's specialists in the assessment and certification of organizations and products to safety standards.

The TÜV certification, the first awarded in Latin America, recognizes that ABB's functional safety management system complies with international standards and best practices for its products, engineering and project teams and installation methods. It meets all relevant sections of international standards IEC 61508 and IEC 61511 for integration and implementation of safety instrumented system (SIS), including system configuration, application programming, test and front end safety consulting for specific industrial safety applications.

"This certificate underscores ABB's dedication to excellence in providing our customers with safety solutions, products and services that they need to protect their most critical assets: their people, the environment, the surrounding community, and the process," said Guillermo Leanza, Manager of ABB's Safety Execution Center in Argentina. "Our customers want to ensure that the safety of the plant and integrity of the process are never compromised; the implementation of certified safety solutions and services that meet or exceed industry requirements is crucial to their success. We work closely with our customers to help them achieve this goal."

ABB has been at the forefront of safety system development and delivery since 1979, when it commissioned the first emergency shut down system on the Statfjord B offshore oil platform in the North Sea. ABB commemorated its 30 years of extensive safety experience in 2009; these solutions have protected literally generations of personnel and processes.

ABB www.abb.com  is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 120,000 people.