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PULP, WRITING & PRINTING PAPER 10/18/2001



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Contents


Carter Holt Harvey posts huge net loss for March-September period ( More <http://www.forestweb.com/digest/news.control.taf?_section=view&_function=detail&EDITION_ID=1929&_UserReference=C9CE44F1572D4E473BCEF8B8#story14432>...)
Wausau-Mosinee Paper reports 3Q earnings up 53% ( More <http://www.forestweb.com/digest/news.control.taf?_section=view&_function=detail&EDITION_ID=1929&_UserReference=C9CE44F1572D4E473BCEF8B8#story14457>...)
Potlatch citing poor market conditions, again reports third quarter losses ( More <http://www.forestweb.com/digest/news.control.taf?_section=view&_function=detail&EDITION_ID=1929&_UserReference=C9CE44F1572D4E473BCEF8B8#story14460>...)
Buckeye has break-even third quarter on 18% sales drop y.o.y. ( More <http://www.forestweb.com/digest/news.control.taf?_section=view&_function=detail&EDITION_ID=1929&_UserReference=C9CE44F1572D4E473BCEF8B8#story14468>...)
Domtar reports net quarterly sales rise to $1.2 billion, net earnings plummet ( More <http://www.forestweb.com/digest/news.control.taf?_section=view&_function=detail&EDITION_ID=1929&_UserReference=C9CE44F1572D4E473BCEF8B8#story14473>...)
Georgia-Pacific reports third quarter earnings drop, sales increase ( More <http://www.forestweb.com/digest/news.control.taf?_section=view&_function=detail&EDITION_ID=1929&_UserReference=C9CE44F1572D4E473BCEF8B8#story14476>...)
Metsaliitto pulp mill project in Latvia may fall through ( More <http://www.forestweb.com/digest/news.control.taf?_section=view&_function=detail&EDITION_ID=1929&_UserReference=C9CE44F1572D4E473BCEF8B8#story14442>...)
Striking union lashes out at Finch Pruyn; sets more talks at N.Y. mill ( More <http://www.forestweb.com/digest/news.control.taf?_section=view&_function=detail&EDITION_ID=1929&_UserReference=C9CE44F1572D4E473BCEF8B8#story14458>...)
Pennsylvania center receives $300,000 toward printing industry pollution reduction ( More <http://www.forestweb.com/digest/news.control.taf?_section=view&_function=detail&EDITION_ID=1929&_UserReference=C9CE44F1572D4E473BCEF8B8#story14462>...)
Harris Group adds Chuck Schultz to lead Midwest forest industries team ( More <http://www.forestweb.com/digest/news.control.taf?_section=view&_function=detail&EDITION_ID=1929&_UserReference=C9CE44F1572D4E473BCEF8B8#story14444>...)


Carter Holt Harvey posts huge net loss for March-September period

10/17/2001 10:53:09, Agence France-Presse 


WELLINGTON, Oct. 17, 2001 (Agence France-Presse) - New Zealand's largest forest products company Carter Holt Harvey posted a net loss of 19 million New Zealand (7.7 million dollars) for the first half of the year, it said Wednesday....
(Story... <http://www.forestweb.com/digest/news.control.taf?_section=liststories&_function=detail&FORESTWEBNEWS_uid1=14432&_UserReference=C9CE44F1572D4E473BCEF8B8>) 	
 	
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Wausau-Mosinee Paper reports 3Q earnings up 53%

10/17/2001 14:22:20, BW 


MOSINEE, Wis.--(BUSINESS WIRE)--October 17, 2001--Wausau-Mosinee Paper Corporation (NYSE:WMO <http://finance.yahoo.com/q?s=wmo&d=t> - news <http://www.forestweb.com/n/w/wmo.html>) today announced third-quarter net earnings of $7.3 million, or $0.14 per share, up 53 percent from $4.7 million, or $0.09 per share, in the prior year, and up sharply from net income of $2.4 million, or $0.05 per share, in the second quarter of 2001. Third-quarter 2001 earnings included stock incentive credits of $0.01 per share, compared with credits of less than $0.01 per share in the same period last year and expenses of $0.01 per share in the second quarter of 2001. ...
(Story... <http://www.forestweb.com/digest/news.control.taf?_section=liststories&_function=detail&FORESTWEBNEWS_uid1=14457&_UserReference=C9CE44F1572D4E473BCEF8B8>) 	
 	
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Potlatch citing poor market conditions, again reports third quarter losses

10/17/2001 15:16:23, BW 


SPOKANE, Wash., Oct. 17, 2001 (Business Wire/press release) -- Potlatch Corporation (NYSE: PCH today reported that poor market conditions for most of its products and substantially higher intere...
(Story... <http://www.forestweb.com/digest/news.control.taf?_section=liststories&_function=detail&FORESTWEBNEWS_uid1=14460&_UserReference=C9CE44F1572D4E473BCEF8B8>) 	
 	
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Buckeye has break-even third quarter on 18% sales drop y.o.y.

10/18/2001 05:46:51, BW 


MEMPHIS, Tenn., Oct. 18, 2001 (press release) -- Buckeye Technologies Inc. today announced that its net income for the July-September, 2001 quarter was break-even as estimated in its September 26 earnings warning. Buckeye's income before the cumulative effect of a change in accounting was $15.5 million in the same quarter of last year. Net sales of $155.2 million in the quarter just ended were 18% below the same quarter of last year. ...
(Story... <http://www.forestweb.com/digest/news.control.taf?_section=liststories&_function=detail&FORESTWEBNEWS_uid1=14468&_UserReference=C9CE44F1572D4E473BCEF8B8>) 	
 	
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Domtar reports net quarterly sales rise to $1.2 billion, net earnings plummet

10/18/2001 07:23:29, PRNewswire 


MONTREAL, Oct. 18, 2001 (press release) - Domtar Inc. today announced net earnings of $22 million or $0.12 per common share for the third quarter of 2001, compared to $60 million or $0.33 per common share for the corresponding period of 2000. The operating profit reached $83 million compared to $121 million for the third quarter of 2000. Net sales were almost $1.2 billion versus $954 million for the same period last year. 
...
(Story... <http://www.forestweb.com/digest/news.control.taf?_section=liststories&_function=detail&FORESTWEBNEWS_uid1=14473&_UserReference=C9CE44F1572D4E473BCEF8B8>) 	
 	
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Georgia-Pacific reports third quarter earnings drop, sales increase

10/18/2001 07:57:07, PRNewswire 


ATLANTA, Oct. 18, 2001 (press release) -- Georgia-Pacific Corp. (NYSE: GP <http://finance.yahoo.com/q?s=gp&d=t> - news <http://biz.yahoo.com/n/g/gp.html>) today reported third quarter 2001 income from continuing operations of $81 million (35 cents diluted earnings per share), before a one-time loss, compared with income from continuing operations of $130 million (76 cents diluted earnings per share) during the same period last year. The company incurred a one-time $68 million pre-tax loss ($263 million after tax loss, or $1.15 diluted loss per share) on the sale of a portion of its pulp and paper facilities to Domtar Inc. for $1.65 billion, resulting in a third quarter 2001 loss from continuing operations of $182 million (80 cents diluted loss per share)....
(Story... <http://www.forestweb.com/digest/news.control.taf?_section=liststories&_function=detail&FORESTWEBNEWS_uid1=14476&_UserReference=C9CE44F1572D4E473BCEF8B8>) 	
 	
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Metsaliitto pulp mill project in Latvia may fall through

10/17/2001 13:14:07, Helsingin Sanomat 


Oct. 17, 2001 (Helsingin Sanomat) -- A large new pulp mill that has been planned in Latvia will not be allowed to fell trees in forests owned by the Latvian state, says Latvian Minister of Agriculture Atis Slakteris. His announcement means that the project, a joint undertaking of Finnish forest company Mets?liitto, Swedish forest company S?dra, and the Latvian state, may not be realised. The project would cost over FIM 5,000 million. [US$760 million]. The Latvian state is prepared to provide guarantees for the supply of raw materials, but Mets?liitto is not satisfied with these guarantees. ...
(Story... <http://www.forestweb.com/digest/news.control.taf?_section=liststories&_function=detail&FORESTWEBNEWS_uid1=14442&_UserReference=C9CE44F1572D4E473BCEF8B8>) 	
 	
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Striking union lashes out at Finch Pruyn; sets more talks at N.Y. mill

10/17/2001 14:24:40, PRNewswire 


GLEN FALLS, N.Y., Oct. 17, 2001 (press release) -- Unions representing striking Finch Pruyn workers today lashed out at Finch Pruyn for a letter the company sent to its 600 hourly employees announcing that it was permanently replacing them. Workers have been on strike since June 16....
(Story... <http://www.forestweb.com/digest/news.control.taf?_section=liststories&_function=detail&FORESTWEBNEWS_uid1=14458&_UserReference=C9CE44F1572D4E473BCEF8B8>) 	
 	
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Pennsylvania center receives $300,000 toward printing industry pollution reduction

10/17/2001 15:47:16, PRNewswire 


Pennsylvania Department of Environmenal Protection Secretary Announces $300,000 For Electrotechnology Applications Center at Northampton Community College 

HARRISBURG, Pa., Oct. 17, 2001 (P...
(Story... <http://www.forestweb.com/digest/news.control.taf?_section=liststories&_function=detail&FORESTWEBNEWS_uid1=14462&_UserReference=C9CE44F1572D4E473BCEF8B8>) 
 	
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Harris Group adds Chuck Schultz to lead Midwest forest industries team

10/17/2001 13:17:44, Press Release 


SEATTLE, Oct. 17, 2001 (press release) -- Consulting engineering firm Harris Group Inc. has added Charles A. "Chuck" Schultz as vice president, forest industries, Midwest region. 

W...
(Story... <http://www.forestweb.com/digest/news.control.taf?_section=liststories&_function=detail&FORESTWEBNEWS_uid1=14444&_UserReference=C9CE44F1572D4E473BCEF8B8>) 
 	
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