w h a t ’s n e w
executed the Convenio Concursal, to confirm the terms and conditions of its Cycle Analysis (LCA) study. Verso joined with National Geographic, Quad/
financial restructuring process. The company estimates that this process will be Graphics and Harmony Environmental to conduct a comprehensive study
completed in coming weeks. The company owns nine paper mills and 24 con- from “cradle-to-grave” of the carbon footprint associated with the publica-
verting facilities in Mexico and the US, which total annual sales of $1.06 billion. tion of National Geographic magazine.
The results of Verso’s portion of the study showed that to produce the paper
Finch Paper starts consulting group for one National Geographic magazine weighing 12.3 oz, 1.27 lb of CO2
Finch Paper, Glen Falls NY. based papermaker, is expanding its commit- equivalents are emitted. When factoring in the printing, distribution, packag-
ment to sustainable forestry by launching a consulting forestry service ing and all other National Geographic activities associated with the develop-
to help private and public forest owners keep their lands healthy and ment of the magazine, a total of 1.82 lb of CO2 equivalents are emitted.
growing for the future. For landowners facing challenges, the profes-
sional foresters employed by Finch Paper will prepare a long-term Canada sets $1 billion for environment
management plan that includes responsible timber harvesting on a Canadian pulp and paper producers who invest in improved energy ef-
periodic basis to generate income while keeping the forest in good ficiency and environmental performance may qualify for funding from
health. Finch foresters can also work with forest owners to identify a new, $1 billion Pulp and Paper Green Transformation Program. This
opportunities to lease their lands for recreational purposes or for funding hopes to ensure that Canada has a pulp and paper sector that
commercial uses that have no negative impact on forest health. is both commercially and environmentally sustainable for many years.
The Green Transformation Program intends to provide funding of $0.16
e N V I r o N M e N TA l per litre of black liquor, up to a maximum program total of $1 billion.
Verso partners with magazine on study Eligible companies participating in the Green Transformation Program
Verso Paper announced the results of its most recent Carbon Footprint Life will be required to invest these funds over the next three years in
Ç g o o d M on TH foR . . . È bad Mon TH foR . . .
1-3: 2009 CorrExpo
Hyatt Regency Chicago, Chicago, IL uPM Fraser Papers
www.tappi.org The European Union has awarded Forest Life project “Res- The New Brunswick Department of Environment charged
14–16: RISI North American toration of Boreal Forests and Forest-covered Mires”. This Fraser Papers’ Edmundston pulp mill with a violation of
Forest Products Conference Finnish project was coordinated by Metsähallitus Natural the province’s clean