The USA pulp & paper mills earned over $3billion in “black liquor” credits for the 1st half of 2009 and are expected to earn even more in 2nd half. The program is scheduled to expire at the end of the year.
A few examples include International Paper has earned $1billion, Domtar, Verso, NewPage and AbitibiBowater have each recording $100million.
Subscribe to:
Post Comments (Atom)
1 comment:
Without this credit, the industry would be losing so much money, we paper buyers fear that additional mills would have filed for bankruptcy and there would be less competition - this is very bad long term.
Post a Comment