Tuesday, February 15, 2011

Paper recycling market update

IN BRIEF:Short investories have bitten some mills in the backside. After expecting a mild February, short supplies of groundwood and old corrugated containers have driven prices upward. Citing a bad deal for shareholders of Smurfit Stone Container Corp, investment firms that claim to hold 9 percent of Smurfit's common stock have expressed their intention to vote against the merger of Smurfit with Rock Tenn Corp.
See the latest issue of The Paper Stock Report or Paper Recycling Online for the latest information.