This utility is called paper crop. It crops the colums into different pages. One minor disadvantage to this is that it repeats 2 lines from the previous page to current page during the making of pdf. Never could figure out how to get overcome this.
It can be downloaded from
http://code.google.com/p/papercrop/d...p.zip&can=2&q=
I have a updated version of this but cant seem to find the URL.