Abitibi acquires Stone newsprint mill

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Abitibi-Consolidated of the US announced that it would take over the Snowflake newsprint mill from Stone Container Corp. for $250m. The Snowflake plant has capacity to produce about 290,000 tpy of newsprint with a recycled content of 70%. Abitibi-Consolidated said that it planned to invest about $25m in the mill in ...

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