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When RISI named me once again to its list of the 50 most influential people in the global forest products industry, it overlooked some better candidates.
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Strange doings in the North American paper market are keeping prices steady for customers but putting pressure on two cash-strapped mills.
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If you like gambling, forget blackjack, horses, or the lottery. The debt of NewPage Corp. is the hot item these days at that grand casino known as Wall Street, as speculators wager on whether the big paper manufacturer will be able to make its bond payments and stay out of bankruptcy court.
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U.S. companies now might want to think twice about promoting paperless billing by sending those "go green, go paperless" messages to their customers. Two Sides, the organization that has successfully challenged the truthfulness of such claims in the U.K., announced its entry into the U.S. today.
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After costing creditors $6 billion and its stockholders another $2 billion, newsprint giant AbitibiBowater wants to shed its past by changing its name to one selected by employees. Creditors and customers might have some interesting suggestions as well. How about AbitibiTreadingWater?
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A USA TODAY editorial this week ranked black liquor tax credits for pulp mills #6 on the list of “10 terrible tax breaks” that should be eliminated or scaled back. Too bad the editorial only got half the story.
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If you think timber operations and paper mills cause deforestation, consider this finding from a new U.S. Forest Service study of Southern forests: “Strong timber markets encourage retaining forests rather than converting them to other land uses.”
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Dead Tree Edition’s long – some would say obsessive – campaign to raise awareness of the Son of Black Liquor giveaway to pulp companies paid off big time today in the form of a major Washington Post article about "the new binge of tax breaks" for U.S. pulp manufacturers.
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Here is Dead Tree Edition's antidote to all the Earth Day BS: a twist on those misleading "go paperless" messages, an ad in which Obama brags that he's done nothing about the environment, and other promotions we can only dream of seeing.
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Perennial money-loser AbitibiBowater, North America's largest newsprint producer, finally figured out last year how to turn a profit. All it took was a bankruptcy reorganization. Here's how it reported a seemingly impossible quarterly profit margin of 333%.
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The cost of the "Son of Black Liquor" giveaway to U.S. pulp and paper companies officially passed $1 billion last week and could eventually grow much larger.
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Apollo Management might have NewPage by the proverbial short hairs, but two paper-industry analysts think a merger between NewPage and Apollo-controlled Verso is highly unlikely.
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Six months after questioning whether it would benefit from "Son of Black Liquor", International Paper announced Thursday it got $40 million of the bogus eco-fuel tax credits.
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By recently renegotiating its banking relationships, New Page has apparently made it a bit more difficult for the main owner of rival paper maker Verso to gain control of the company.
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The owners of North America's two largest makers of coated paper are discussing a deal that could result in one of them having a significant ownership stake in both manufacturers, according to a published report.
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Meet Cole Rasenberger, the 10 year old working to protect North Carolina's coastal forests and its wildlife from being devastated by the production of throwaway fast food packaging. Features a TV interview with the kid who took on McDonald's first and now KFC.
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In an unusual example of the Internet replacing paper, some high-tech types are about to discover how cool, and maybe even sexy, a paper mill can be. UPM is a partner in a deal to turn a former mill into “one of the world’s most eco-efficient server centres” for supercomputers and data storage.
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Contrary to their popular image as despoilers of the forest, major paper companies get high marks for being green in a recent ranking of large U.S. companies. All 6 are in the top 35% of Newsweek's Green Rankings 2010.
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Democratic Congress members who received significant financial backing from the forest products industry fared poorly in Tuesday’s elections. Four of the eight Democrats who got at least $20,000 in donations from the industry lost their re-election bids.
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Much to their amazement, U.S. pulp manufacturers are discovering that the Son of Black Liquor tax loophole is starting to pay off or will soon do so. International Paper reversed its previous statements on the subject a few days ago and now envisions "substantial" gains.
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