Monday, August 22, 2005

Stats in for Strike in Finland

We recently learned that the 56 days of down time in Finland, as a direct result of the labor strike, was over
1.7million tons. The tonnage was almost exclusively printing and writing grades. The strike, which formally was settled on
July 1 effected UPM Kymenne, StoraEnso, and M-Real. Also effected was 430,000 of market pulp. Finland has become a major
supplier to the USA of printing and writing grades - 11% market share of USA coated groundwood; 13% of USA supercalendar (S/C); and 10% of directory papers.

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