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Enron Mail |
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/06/2001=
=20 04:13 PM --------------------------- ENA Public Relations From: ENA Public Relations@ENRON on 04/05/2001 11:37 PM Sent by: Enron Announcements@ENRON To: All_ENA_EGM_EIM cc: =20 Subject: EnTouch Newsletter BUSINESS HIGHLIGHTS Enron Industrial Markets Enron Industrial Markets has recently completed the first transaction for a= =20 new 60-day fixed price product for the lumber industry. Available for=20 delivery in Houston and Dallas, the product is offered by Enron in the=20 over-the-counter market and via Clickpaper.com, Enron=01,s Internet-based= =20 transaction system dedicated to the forest products industry. The first=20 transaction was completed via Clickpaper.com on March 14 with a major lumbe= r=20 buyer in the southern United States. This represents the first online fixed= =20 price transaction contract in the industry. With the growing volatility in= =20 the lumber industry, the availability of a long-term fixed price product=20 provides companies with another opportunity to mitigate their exposure.=20 Additionally, this transaction represents the convergence of Enron=01,s=20 increasing involvement in physical lumber transactions with our recognized= =20 expertise in financial risk management. In addition, EIM has announced that it has completed its acquisition of the= =20 Quebec City, Canada newsprint mill and related assets from Daishowa Forest= =20 Products Ltd. In July 2000, Enron purchased Garden State Paper, a recycled= =20 newsprint mill located in Garfield, NJ. The acquisition of the Daishowa mil= l=20 now positions Enron as the seventh largest producer of newsprint in North= =20 America. The Daishowa mill in Quebec City will now be called Papiers=20 Stadacona. The new name has great historical significance to the local=20 community in Quebec City. When Jacques Cartier first explored the mouth of= =20 the St. Charles River in 1535, the aboriginal people living there referred = to=20 the village as Stadacona. This is now the site of modern-day Quebec City.= =20 Enron Freight Markets In March, Enron Freight Markets (EFM) completed the acquisition of Webmodal= ,=20 Inc to help launch the traditional intermediary transportation business. E= FM=20 also started its spot trading business and completed 981 transactions in it= s=20 first month. East Power Origination On Tuesday, April 3, the St. Lucie County Commission voted 3-2 to approve t= he=20 Midway Energy Center near Fort Pierce, Florida, which is a 510 megawatt=20 peaking power plant. Next steps for this facility include receiving a wate= r=20 permit from the South Florida Water Management District and an Environmenta= l=20 Resource Permit (ERP) from the Florida Department of Environmental Protecti= on. Enron Canada Ken Lay addressed a breakfast meeting of the Toronto Board of Trade on=20 Wednesday, April 4, as part of the "Power Breakfast Series". His topic was= =20 "Moving Forward with Electricity Deregulation." Before his speech, the=20 chairman of the Board of Trade commented that "this was the best attendance= =20 ever" at one of their breakfast meetings. After the meeting, Mr. Lay spoke= =20 with reporters from Reuters, the Globe and Mail, the National Post, and=20 Report on Business TV emphasizing Enron's commitment to deregulation of the= =20 Ontario power market. IN THE NEWS JAPAN: Enron presents power plant plan to Japan government TOKYO, U.S.-based Enron Corp on Wednesday presented plans to build a=20 liquefied natural gas (LNG) fired power plant in northern Japan, aiming to= =20 become the first foreign company to build such a plant in Japan. The move= =20 brings Enron one step closer to realizing its plan to build a power plant= =20 with an initial capacity of two million kilowatts in Aomori prefecture. "We submitted our basic plan to build the plant to the governor of Aomori= =20 prefecture today in line with last November's announcement," Tatsuro Seguch= i,=20 president of Enron Corp's Japanese affiliate Encom Corp, told a news=20 conference. "We are aiming to start construction of the plant in 2004 and= =20 start operations by 2007 since Japan's power market is one of our highest= =20 priorities," he said. 03/28/2001 Reuters English News Service (C)=20 Reuters Limited 2001. WELCOME New Hires EGM - Lyelle Bellard, Damian Nelson, Edward Soo, Jonathan Whitehead EIM - Elsa Aguilar, Melia Dickson, John Hark, Phaedra Jones, Maricar Jose= ,=20 Ian McCrory, Mirella Bertrone, Roland Holub, Arthur Miller, Miriam Watson,= =20 Richard Albert, Randy Biagini, Thomas Duchnicki, Diego Tabbachin= o ENA - Mitra Mujica, Karen Phillips, Sarah Domonoskie, Kelly Donlevy-Lee Transfers (to or within)=20 ENA - John Moore, Mitchell Robinson, Larry Valderrama, Holden Salisbury,=20 Grace Rodriguez, Mary Martinez, Dominic Carolan, Kari Oquinn, Katherine=20 Kelly, David Fuller, Anguel Grigorov, Oren Zimmerman, Chuanli Deng, Glen= n=20 Surowiec, Tharsilla Broussard, Geynille Dillingham, Philip Conn, Lola=20 Weller, Christina Brandli, Noemi Camacho, Randel Young, Ina Rangel EGM - Shelia Benke, Homer Lin, William McKone, William Berkeland, Valarie= =20 Curry, Tomas Tellez EIM - Allen Ueckert, John W. Jennings, Sarveen Kohli NUGGETS & NOTES The next EWS Brown Bag is scheduled for April 19 with Tim Battaglia=20 discussing the steel industry. 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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