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Sappi to take over Potlatch’s coated paper business

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Published in issue 12/2002
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South African paper group Sappi announced that it would take over the Cloquet, Minnesota pulp and paper mill from US forest products group Potlatch for $480m in cash. As part of the transaction, Potlatch will cease production of coated paper at the 140,000 short ton per year Brainerd mill and bear the related costs. ...

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