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To: richardred who wrote (702)	6/1/2005 1:34:33 PM
From: richardred	Read Replies (1) \| Respond to of 7256

International Paper Completes Sale of Industrial Papers Business to Kohlberg & Company, LLC Wednesday June 1, 12:09 pm ET STAMFORD, Conn., June 1 /PRNewswire-FirstCall/ -- International Paper (NYSE: IP - News) has completed the sale of its Industrial Papers business to an affiliate of Kohlberg & Company, LLC of Mt. Kisco, N.Y. Subject to certain adjustments to be made after closing, the company anticipates cash proceeds from the transaction will be approximately $180 million. (Logo: newscom.com ) The Industrial Papers Business includes the lightweight packaging papers and pressure sensitive papers segments and related converting assets. Included in the sale are the DePere and Kaukauna, Wis., Mills; the Akrosil business with facilities in Menasha, Wis., Lancaster, Ohio, and Heerlen, Netherlands; and Thilmany Packaging located at the Kaukauna Mill. The business employs approximately 1,400 people. Also included is an agreement to manufacture lightweight specialty papers produced at IP's Androscoggin, Maine, Mill. Founded in 1987, Kohlberg & Company is a private equity firm with offices in Mt. Kisco, New York and Palo Alto, California. Together with its affiliates, Kohlberg manages more $3.7 billion of capital. Through its affiliates, Kohlberg has completed over 75 acquisitions and recapitalization transactions in a variety of industries, including a focus on investments in the manufacturing, healthcare, consumer products and service industries. International Paper ( internationalpaper.com ) is the world's largest paper and forest products company. Businesses include paper, packaging, and forest products. As one of the largest private forest landowners in the world, the company manages its forests under the principles of the Sustainable Forestry Initiative program, a system that ensures the perpetual planting, growing and harvesting of trees while protecting biodiversity, wildlife, plants, soil, water and air quality. Headquartered in the United States, IP has operations in over 40 countries and sells its products in more than 120 nations. biz.yahoo.com

To: richardred who wrote (702)	6/6/2005 1:45:06 PM
From: richardred	Read Replies (1) \| Respond to of 7256

Rock-Tenn Company Announces Uncoated Paperboard Price Increase Thursday June 2, 5:23 pm ET NORCROSS, Ga.--(BUSINESS WIRE)--June 2, 2005--Rock-Tenn Company's (NYSE: RKT - News) paperboard division will raise prices $35 per ton on all grades of uncoated recycled paperboard effective with shipments on June 21, 2005. The division's sales force will contact its customers regarding the price increase. Rock-Tenn Company provides marketing and packaging solutions to consumer products companies at low costs and has annual net sales of $1.6 billion and over 80 operating locations in the United States, Canada, Mexico and Chile. biz.yahoo.com

To: richardred who wrote (702)	7/5/2005 4:42:59 PM
From: richardred	Respond to of 7256

My hope for lower energy costs are dwindling! While the first quarter of the year looked encouraging, demand for industrial packaging materials and printing paper fell off -- so much so that a lack of orders forced more downtime at the company. Given that papermaking is at its best as a continuous process, that's a problem. Also troublesome for International Paper and the industry as a whole, higher costs are doing their damage. Papermaking requires not only wood pulp, but also large amounts of energy and chemicals. As everybody knows by now, energy prices are high; so are prices for chemicals and wood. Couple these rising costs with stagnant demand and increasing Asian imports, and you see the problem. International Paper likely won't be the only one to suffer -- at least among those highly exposed to packaging. Greif (NYSE: GEF - News) already reported a tough quarter, and I'm sure analysts and fund managers will be watching the likes of Smurfitt-Stone Container (Nasdaq: SSCC - News) and Rock-Tenn (NYSE: RKT - News) quite closely now. All is not well across the pond, either. A strike in Finland has essentially shut down the nation's paper industry -- bad news for the likes of UPM-Kymmene (NYSE: UPM - News) and Stora Enso (NYSE: SEO - News). messages.yahoo.com