AbitibiBowater settles NAFTA dispute, clears big Ch 11 exit hurdle; White Birch sale hits legal speed bump

摘要

There was good news and bad news this week about the pace of progress towards Ch 11 exit for North America's two largest newsprint companies, which have a combined capacity of 5.58 million tonnes or almost 63% of North American newsprint capacity. The good news concerned AbitibiBowater, the region's largest newsprint producer by capacity, while the adverse affected its smaller rival, White Birch Paper.