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Enron Mail |
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/13/2001=
=20 10:00 PM --------------------------- ENA Public Relations From: ENA Public Relations@ENRON on 04/13/2001 12:04 AM CDT Sent by: Enron Announcements@ENRON To: All_ENA_EGM_EIM cc: =20 Subject: EnTouch Newsletter BUSINESS HIGHLIGHTS Enron Freight Markets Enron Freight Markets (EFM) launched its over-the-road trucking business th= is=20 week. In addition, EFM completed 199 intermodal transactions in the first= =20 week of April. ENA West Power ENA West Power recently closed the sale of two power projects. The 750MW= =20 Pastoria Energy Facility in Kern County, California was sold to Calpine and= =20 the 240MW Fountain Valley Power project in Colorado was sold to Black Hills= =20 Energy Capital. Given the power shortage in the West, ENA is developing=20 additional power generation in Nevada, California and Washington. Enron Industrial Markets The newsprint group of EIM is working to revolutionize the newsprint market= =20 and bring financial rigor and market efficiencies to a business that has=20 remained relatively unchanged for more than a century. The global newsprint= =20 market is a 23 billion dollar a year business with the North American marke= t=20 comprising one third. The group's originators, mid-marketers, and financia= l=20 and physical traders offer our customers numerous financial and physical=20 products not previously available in the market.=20 EIM has made a substantial commitment to this business with the purchase of= =20 Garden State Paper company last year and the recent purchase of Daishowa=20 Paper in Quebec City. The number of transactions has grown exponentially wi= th=20 the physical trading alone reaching a nominal trading volume of more than= =20 $10,000,000 per month in little more than four months since opening. In=20 addition to physical spot transactions, the desk offers our counterparties= =20 log-term fixed priced transactions, indexed based pricing, forward contract= s,=20 swaps, and derivative products. Forest Products Forestweb Inc., an Internet-based generator, aggregator and integrator of= =20 knowledge and information for the forest products industry, announced a new= =20 window to industry financial and risk management tools available from=20 Clickpaper.com. Clickpaper allows the industry direct access to transactabl= e=20 prices for both physical and financial products, in an electronic format. Paperloop.com, one of the leading online resources for the forest products= =20 industry, announced the addition of Clickpaper.com in their emarketplace,= =20 which showcases various e-commerce companies and highlights their services.= =20 Paperloop provides Clickpaper.com exposure to its 250,000+ monthly users in= =20 the pulp, paper and converting industries.=20 IN THE NEWS Ken Lay was the cover story for the April 2001 issue of Continental Magazin= e.=20 He had positive things to say about his employees. =01&Sitting in his 50th floor mahogany-paneled office overlooking his=20 much-beloved downtown Houston, Lay, with a self-conscious smile, bows his= =20 head slightly as he=01,s described as an innovative market maker. =01+I re= ally can=01, t take any credit, he says. My employees are responsible for what Enron=20 does.=01, What he does best, the Missouri-born corporate icon says, is =01= +to=20 create an atmosphere of empowerment and creativity and hire bright,=20 innovative people who aren=01,t afraid to take risks and try new things.=01= 8=20 WELCOME New Hires EIM - Craig Rickard, Lisa McClendon ENA - Ben Brasseaux, Stephen Swisher, Tamera Joyner, Vanessa Griffin,=20 Kathleen Ashton Weekly EnronOnline Statistics Below are the latest figures for EnronOnline as of April 6, 2001. * Total Life to Date Transactions < 845,000 * Life to Date Notional Value of Transactions < $500 billion NUGGETS & NOTES Mark your lunch calendars now! The next EWS Brown Bag is Thursday, April 19= =20 at 11:30 AM. Tim Battaglia VP/EIM will be discussing Steel Origination. Congratulations to Peter del Vecchio, EIM senior counsel, and his wife, Nai= r.=20 They are the proud parents of Dante Valentin del Vecchio, born April 3,=20 weighing 4 pounds, 8 ounces. NEWS FROM THE GLOBAL FLASH Enron Poland obtains Gas Trading License On 22nd March 2001 Enron Poland received a 10-year Gas Trading License, val= id=20 for both domestic gas trading within Poland as well as for gas exports. Th= e=20 license is a key component to our entering the gas trading market in Poland= =20 and, coupled with the Power Trading License we obtained in 1999, will give= =20 Enron Poland a strong position in the developing wholesale energy market. = In=20 the next two to three weeks, we expect to receive a cross-border trading=20 license covering gas imports that are further regulated under the Polish=20 Energy Law Ordinance on Gas Import Diversification. Enron Wind announces first UK off-shore wind farm On 5th April 2001, Enron Wind announced that it had been granted the right = to=20 initiate the planning process for its first UK offshore wind farm, located = at=20 Gunfleet Sands, 7km from Clacton-upon-Sea in Essex. Construction is expect= ed=20 to start towards the end of 2002, with the wind farm of 30 turbines being= =20 operational by Q4 2003. Enron Wind is also actively involved in a number o= f=20 on-shore projects in the UK, including the development of wind farms in Wal= es=20 and Northern Ireland. LEGAL STUFF The information contained in this newsletter is confidential and proprietar= y=20 to Enron Corp. and its subsidiaries. It is intended for internal use only= =20 and should not be disclosed.
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