Displaying items by tag: USA
NewPage Presents New On Paper Podcast Featuring Maria Rodale
NewPage Corporation announced today a new On Paper podcast series episode featuring Maria Rodale, chairman and CEO of Rodale Inc., the world's leading multimedia company with a focus on health, wellness and the environment. As the author of four books, including the recently released Organic Manifesto: How Organic Farming Can Heal Our Planet, Feed the World, and Keep Us Safe, Rodale has won numerous awards for her leadership in ensuring a healthy environment for future generations.
In this On Paper episode, available for download at OnPaperSeries.com, Rodale shares her extensive research and family business's documented history as an organic pioneer, to illustrate why chemical-free farm systems are important to healthy environments and strong economies.
“We're not deciding for ourselves about the chemicals in our environment and in our bodies, unless we're choosing organic,” Rodale states.
Discussing recent trends in organic including small company start-ups, younger female farmers entering the field, and big businesses developing organic product lines, Rodale notes that organic is ready for the big time, adding “It's where the action is.”
While organic may be where the action is today, for Rodale Inc., understanding the relationship between the health of earth's soil and people's health is a part of the company's rich history. Almost thirty years ago, Rodale's father started a side-by-side comparison of organic versus chemical agriculture, entitled the Farming Systems Trial, the results of which garnered attention from scientists around the globe.
With On Paper, Rodale shares, “Organic farming is more productive, more profitable, more fuel efficient. And the surprise finding {from the Farming Systems Trial} was that organically farmed soil actually sequesters huge amounts of carbon, which means that it actually is one of the primary solutions to global warming.”
Rodale Inc.'s commitment to studying and responsibly cultivating earth's resources continues today in two new programs that NewPage Corporation is proud to partner, entitled “Tree as a Crop” and “eco4 the planet TM ”. The “Tree as a Crop” partnership is designed to educate farmers and small forest landowners about the environmental, social and economic rewards of properly growing and harvesting trees as a crop. “eco4 the planet TM ” is a demonstration project on a working farm designed to implement “Tree as a Crop”, by teaching communities to plant organically grow trees, to promote new sources of local economic and environmental sustainability.
In addition to OnPaperSeries.com, this new episode is available for download at iTunes.com and Zune.net by searching for “NewPage Corporation”. To receive notification of new On Paper series releases, subscribe free of charge at OnPaperSeries.com. Sponsored by NewPage Corporation, On Paper is now in its third season.
About On Paper Podcast Series
The On Paper Podcast Series, presented by NewPage Corporation, is an ongoing solutions-based dialogue that provides a platform for professionals to share how their organizations implement sustainable practices. With dozens of episodes featuring representatives from the most innovative of corporate America, across a variety of industries, On Paper has garnered more than one million downloads. Visit www.onpaperseries.com to listen to individual episodes and subscribe to receive notices of new episode releases.
About NewPage Corporation
Headquartered in Miamisburg , Ohio , NewPage Corporation is the largest coated paper manufacturer in North America , based on production capacity, with $3.1 billion in net sales for the year ended December 31, 2009 . The company's product portfolio is the broadest in North America and includes coated freesheet, coated groundwood, supercalendered, newsprint and specialty papers. These papers are used for corporate collateral, commercial printing, magazines, catalogs, books, coupons, inserts, newspapers, packaging applications and direct mail advertising.
NewPage owns paper mills in Kentucky , Maine , Maryland , Michigan , Minnesota , Wisconsin and Nova Scotia , Canada . These mills have a total annual production capacity of approximately 4.4 million tons of paper, including approximately 3.2 million tons of coated paper, approximately 1.0 million tons of uncoated paper and approximately 200,000 tons of specialty paper. To learn more, visit www.NewPageCorp.com
Media Contact:
Shannon K Semmerling
NewPage
001-715-422-4023
Dyadic International 2010 first quarter results
Dyadic International, Inc. ("Dyadic") (Pink Sheets: DYAI), a leading-edge biotechnology company focused on the discovery, development, manufacture and sale of specialty enzyme products and solutions for the bioenergy, industrial enzyme and biopharmaceutical industries, today announced financial results for the quarter ended March 31, 2010. The financial information contained in this press release should be read in conjunction with the financial statements and related footnotes which have been posted on the Pink Sheets website at www.pinksheets.com and on Dyadic's website at www.dyadic.com.
Dyadic's President and Chief Executive Officer, Mark Emalfarb, stated, "We are pleased with our first quarter results as we continue to build our infrastructure to meet the increasing demands for our enzyme products and further the advancement and monetization of our technologies. We are particularly encouraged by the 30% increase in our product sales from the same period last year."
First Quarter Highlights and Recent Events
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Achieved approximately 30% growth in first quarter product revenues over the same period last year
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Improved product margins
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Increased production capacity to meet current and anticipated demand
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Resolved the securities class action stockholder lawsuit
•
Strengthened Dyadic’s leadership team through the appointment of an Executive Director Strategic Alliances and a Vice President Sales & Marketing
•
Dedicated a greater portion of Dyadic’s research and development capabilities to profit generating collaborations
SOURCE Dyadic International, Inc.
Sappi Fine Paper North America Launches eQTool
As part of Sappi Fine Paper North America's ongoing commitment to sustainability, Sappi announces the launch of its eQ Tool - an interactive Web based tool that allows you to explore a full range of factors behind choosing a sustainable paper. The eQ Tool illustrates Sappi's industry leading approach to carbon management, explores the best use of recycled fiber, and brings to life our progress in forest certification and waste reduction. To develop the eQ Tool, Sappi worked with IDEO, a global design and innovative consultancy.
"Our newly launched eQ tool is an engaging demonstration of our core commitment to sustainability," commented Jennifer Miller, Executive Vice President, Strategic Marketing and Chief Sustainability Officer. "This interactive tool reflects our dedication to transparency, reporting measurable results and stating publicly the goals we have set for future progress. We recognize that the environmental performance of a paper supplier is an increasingly relevant and critical factor in choosing a product brand. The eQ tool responds to that need and allows us to have a meaningful dialogue with our customers on a range of issues."
"IDEO was pleased to collaborate with Sappi in the development of their eQ Tool. This strategic design work demonstrates how a complex organization can effectively communicate their holistic values and activities with regards to sustainability. To understand and affect the environmental impact of print, one must take a systems approach. The eQ Tool provides stakeholders with the foundation to engage with the broader environmental considerations when choosing a paper supplier," said Beto Lopez, Design Director of Sustainability, IDEO.
Check out Sappi Fine Paper North America's new eQ Tool at www.sappi.com/eQTool, where you can explore:
1. 1. Greenhouse Gas Emissions
2. 2. Renewable Energy
3. 3. Managing Process to Minimize Waste
4. 4. Carbon Offsets
5. 5. Sustainably-Harvested Wood
6. 6. Initiatives for Sustainability
7. 7. Recycled Fiber
The eQ Tool also provides you with the ability to generate a customized product statement that summarizes the environmental benefits of choosing Sappi Fine Paper North America's papers for your job.
"Our eQ Tool reflects Sappi Fine Paper North America's commitment to providing clarity on the issues associated with the sustainability of paper, by providing audiences with reliable, accurate information that is grounded in science," said Laura Thompson, Ph.D., Director of Sustainability and Technical Marketing, Sappi Fine Paper North America
In addition, the second issue of Sappi Fine Paper North America's eQ Journal on sustainability is now available online and in print. The eQ Journal presents Sappi Fine Paper North America's initiatives in sustainability, and highlights best practices in this area among the printing, graphic design and publishing fields, and more. In the second issue of the eQ Journal, you'll get a first-hand look at: Sappi's carbon management strategies; how companies are raising the bar in sustainability; and a snapshot of the new eQ Tool. To request a printed copy of the eQ Journal, please contact: This email address is being protected from spambots. You need JavaScript enabled to view it. or 800-882-4332.
About Sappi Fine Paper North America
Sappi Fine Paper North America is a preeminent North American producer of coated fine paper used in premium magazines, catalogues, books and high-end print advertising. Headquartered in Boston, Massachusetts, Sappi Fine Paper North America is known for innovation and quality. Its brand names, including McCoy, Opus, Somerset and Flo, are some of the industry's most widely recognized and specified. Sappi's mills in North America are triple chain of custody certified to the Forest Stewardship Council (FSC), Sustainable Forestry Initiative® (SFI), and Programme for the Endorsement of Forest Certification (PEFC). Over 80% of the energy used by Sappi's North American mills comes from renewable resources, resulting in one of the lowest carbon footprints of any major North American coated paper supplier. Sappi Fine Paper North America is a division of Sappi Limited (NYSE and JSE), a global company headquartered in Johannesburg, South Africa, with manufacturing operations on four continents in 10 countries, sales offices in over 40 countries, and customers in over 100 countries around the world. For more information about Sappi Fine Paper North America, visit: www.sappi.com/na.
Albany International Reports First-Quarter Results
First-Quarter Highlights
Net income per share was $0.14 in the first quarter of 2010, including restructuring charges of $0.07 per share.
Net loss per share was $0.63 in the first quarter of 2009, including restructuring charges of $0.51, and a gain of $0.06 related to an extinguishment of debt.
Q1 2010 net sales were $213.9 million, an increase of 2.2 percent compared to Q1 2009.
EBITDA was $26.2 million in the first quarter of 2010, compared to $2.0 million in the first quarter of 2009. Q1 2010 EBITDA was reduced by restructuring charges of $3.1 million. EBITDA in Q1 2009 was reduced by $17.2 million related to restructuring charges, while a gain on extinguishment of debt improved EBITDA by $2.8 million.
See attached file for entire release
Solvay Chemicals, Inc. Commissions New SOLVAir Select 300 Facility
Solvay Chemicals, Inc. has commissioned and brought online one of the world's only dedciated manufacturing facilities that reclaims and transforms sodium carbonate waste streams into a marketable grade of sodium bicarbonate. The new product, SOLVAir® Select 300, is ideally suited for flue gas and emission control aplications.
"Today represents more than five years of hard work and collaboration across two continents between a talented group of Solvay engineering and manufacturing professionals," commented Vincent De Cuyper, General Manager of the Solvay Group's Chemicals Sector and member of the executive committee. "We achieved an environmental and technical milestone within our industry and underscored Solvay's commitment to being at the forefront of sustainable Chemistry."
The patent pending manufacturing process delivers a two-for-one environmental benefit by reclaiming wastes that would otherwise be shipped to a detention pond, and also by creating product that directly helps coal-fired power plants reduce SO2 and other acid gas emissions. The unique process remanufactures the waste stream and economically recovers the sodium carbonate, transforming it into a sodium bicarbonate product with performance characteristics that are well suited for desulfurization applications.
"With ever tightening emission control standards and even greater demand for energy, our power generation customers are seeking new and cost-effective solutions for their operations," explained Mike Wood, SOLVAir Products Senior Business Manager. "The new SOLVAir Select 300 grade of sodium bicarbonate gives our customers the performance attributes required for demanding pollution control applications."
There are currently 29 coal-fired power plants under construction in the US with another 25 in development.* For these generators and existing operators, there is a great deal of interest in and demand for a wider array of pollution control options. SOLVAir Select 300 extends Solvay Chemicals'portfolio of SOLVAir pollution control solutions. This suite of products based in trona, soda ash, sodium bicarbonate, sodium sulfite and hydrogen peroxide chemistries targets SO2, SO3, NOx, mercury, HCL and particulate emissions.
Verso Reports Sustainability Progress in "A Renewable Commitment"
Verso Paper Corp. has announced its release of "A Renewable Commitment - Sustainability Report 2009." The report shares Verso's continued commitment to valuing the principle of sustainably balancing environmental, social and economic needs.
"The focus on renewable commitment was particularly important during 2009, a challenging year to be in the paper business," said Mike Jackson, Verso's President and Chief Executive Officer. "Our people took on every challenge with determination and resourcefulness holding fast to our sustainability principles. We were able to create value for our stakeholders by perpetually driving for performance improvements and demonstrating a truly renewable commitment to financial success, environmental excellence and social responsibility."
2009 Sustainability Report Highlights
* Verso's commitment to safety excellence was demonstrated with a total incidence rate (TIR) for injuries of 1.92, a historic low for the company and nearly two times better than the industry average.
* Verso increased certified fiber use from third party suppliers to 69% from 65%, surpassing the goal of 67%. In addition, Verso expanded its collaboration with other stakeholders to help increase the overall amount of certified fiber available in the marketplace.
* Verso increased the amount of carbon-neutral biomass energy used to run its operations to 53.6%, up from 53.1% in 2008.
* Verso was awarded a $9.3 million grant by the U.S. Department of Energy, which the company matched with an additional $9.6 million, to implement 12 energy projects that will improve energy efficiency by 33% and save about 1.27 trillion Btus annually.
* Verso partnered with one of its top customers, The National Geographic Society, to measure the carbon footprint of National Geographic magazine, which is printed on paper made at Verso's Androscoggin mill in Maine. This project helped the company further refine the lifecycle assessment model it developed in 2008.
* Building on its expertise in manufacturing lightweight papers that require fewer natural resources to produce, Verso expanded its product offerings to include a line of lightweight uncoated printing papers and a line of supercalendered papers for the magazine, catalog and retail insert markets.
* During particularly difficult economic conditions, the Verso organization reached out to their neighbors and maintained the previous year's level of giving to United Way.
For more information, download a full copy of the Verso 2009 Sustainability Report from the company's Web site at www.versopaper.com/sustainability.
About Verso
Based in Memphis, Tennessee, Verso Paper Corp. is a leading North American producer of coated papers, including coated groundwood and coated freesheet, and supercalendered and specialty products. Verso's paper products are used primarily in media and marketing applications, including magazines, catalogs and commercial printing applications such as high-end advertising brochures, annual reports and direct-mail advertising. Additional information about Verso is available on the company's Web site at www.versopaper.com.
SOURCE: Verso Paper Corp.
Verso Paper Corp.
Monica Garvey, Sustainability Manager, 901-369-4154
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.versopaper.com
Catalyst Paper Q1 results hurt by lower paper prices, cyclical price recovery emerging
Catalyst Paper (TSX:CTL) has recorded a net loss attributable to the company of $44.1 million ($0.12 per common share) on sales of $273.3 million for the first quarter of 2010. The net loss increased from $35.8 million in the preceding quarter ($0.09 per common share), due to declining specialty printing paper prices and additional production curtailment. Higher restructuring, input and maintenance costs further impacted Q1 results.
Before specific items, Catalyst posted a net loss attributable to the company of $37.6 million ($0.10 per common share), in contrast to $21.8 million in the fourth quarter of 2009 ($0.06 per common share). Specific items after-tax included restructuring costs of $10.1 million and bond exchange-related costs of $5.9 million, offset by a foreign exchange gain on long-term debt of $11.7 million.
Earnings before interest, taxes, depreciation and amortization (EBITDA) for the first quarter were negative $16.2 million, compared with positive EBITDA of $14.1 million in the preceding quarter. Before specific items, EBITDA deteriorated to negative $2.1 million from positive $15.5 million in the prior quarter. The Q1 operating loss of $48.9 million, compared to a $41.1 million loss in Q4, reflected lower EBITDA.
“We saw some recovery in print advertising from the very low levels of a year ago and as a consequence, paper demand is up slightly,” said President and CEO Richard Garneau. “Pulp strengthened as various events combined to drive price recovery and we could see a more extended pulp up-cycle. Markets for all products going forward will be influenced by industry re-start decisions and operating rates.”
Paper demand remained well below pre-recession levels, and benchmark prices dropped further for coated, uncoated and directory grades. North American newsprint consumption continued to decline, and although offshore exports helped boost the benchmark price over the preceding quarter, it remained well below the level of a year ago. Continued pulp price recovery was driven in part by production interruptions in Chile and other regions, and in late March the company announced it would restart the second pulp line at Crofton in the second quarter.
In light of weak paper markets, the three paper machines at the Elk Falls division remained indefinitely curtailed. The No. 1 newsprint machine at Crofton, seasonally curtailed in December, was indefinitely idled in January, and as a result, the Paper Recycling division, which supplied de-inked pulp to Crofton, was curtailed in February. Total first-quarter production curtailments represented 14 per cent of specialty paper capacity, 52 per cent of newsprint capacity, and 36 per cent of market pulp capacity.
Restructuring costs during the quarter increased due to severance of some 300 employees who became eligible for and elected this option. Most had been laid off as a result of the Elk Falls curtailment. In light of some progress in tax-related discussions with Campbell River, Catalyst put forward a proposed restart plan for two specialty machines at Elk Falls to the hourly workforce based, in part, on achieving competitive labour costs at that mill.
Changes to post-retirement and benefit plans for salaried employees and retirees were implemented in the quarter, with expected annualized savings of $8 million.
Milestones reached in the company’s ongoing drive for more equitable and sustainable municipal tax treatment included an agreement in principle with the City of Powell River signed subsequent to quarter-end. The agreement entailed reduced taxation and pursuit of joint arrangements to meet municipal infrastructure needs that, when implemented, will bring the Powell River mill’s annual property tax cost down to $1.5 million. Catalyst is also seeking leave to appeal to the Supreme Court of Canada, following the April 22nd dismissal of its appeal concerning the North Cowichan 2009 tax bylaw by the Court of Appeal for British Columbia. In its decision, the court declined to strike down the tax bylaw, calling the “extreme imbalance” perpetuated by the District of North Cowichan a political problem requiring a policy decision by elected officials. The company accrued for this eventuality and has paid $15 million in outstanding 2009 property taxes, penalties and interest owing to the four municipalities where its mills are located.
“This appeal court decision, while disappointing, simply reinforces that solving the problem of unsustainable Class 4 tax rates rests with governments in BC. Until corrective steps are taken, major industry jobs and capital investments in this province will continue to be at risk,” said Mr. Garneau.
Catalyst completed the exchange of US$318.7 million of its 8.625 per cent senior notes due June 2011, for US$280.4 million of new 11 per cent senior secured notes due December 2016. As of quarter-end, US$35.5 million of the 2011 notes remained outstanding. Catalyst received credit-rating downgrades during the quarter from Moody’s and Standard and Poor’s.
Slow improvement in North American print advertising is expected over the balance of 2010, with minor recovery in coated and uncoated demand and pricing. Price increases to take effect April 1, May 15 and June 1, 2010 have been announced for coated, soft-calendared and high bright uncoated products. Price increases for pulp and newsprint have also been announced for Q2. Demand for directory is likely to contract though pricing is expected to be steady.
Catalyst expects to maintain capital spending, which was $3.2 million in the first quarter, at basic maintenance levels throughout 2010. However, $18 million in available Canadian federal government Green Transformation Program credits will be applied toward development of two capital-project proposals that deliver energy-efficiency and cost-reduction benefits.
Selected Financial Highlights
2010 | 2009¹ | |||||
Q1 | TOTAL | Q4 | Q3 | Q2 | Q1 | |
Sales | $273.3 | $1,223.5 | $295.0 | $266.9 | $300.7 | $360.9 |
Operating earnings (loss) | (48.9) | (40.8) | (41.1) | (10.0) | (21.5) | 31.8 |
EBITDA 2 | (16.2) | 123.2 | 14.1 | 25.9 | 14.3 | 68.9 |
– before specific items 2 | (2.1) | 141.1 | 15.5 | 25.9 | 26.6 | 73.1 |
Net earnings (loss)attributable to the Company | (44.1) | (4.4) | (35.8) | 13.2 | (1.9) | 20.1 |
before specific items 2 | (37.6) | (58.8) | (21.8) | (19.8) | (25.6) | 8.4 |
EBITDA margin2 | (5.9%) | 10.1% | 4.8% | 9.7% | 4.8% | 19.1% |
– before specific items 2 | (0.8%) | 11.5% | 5.3% | 9.7% | 8.8% | 20.3% |
Net earnings (loss) per share attributable to the Company’s common shareholders (in dollars) basic and diluted | (0.12) | (0.01) | (0.09) | 0.03 | (0.01) | 0.06 |
– before specific items 2 | (0.10) | (0.15) | (0.06) | (0.05) | (0.06) | 0.02 |
- 1 Effective January 1, 2010, the Company changed its policy with respect to certain of its derivative financial instruments and translation of foreign currency-denominated working capital balances. The new policies are considered preferable as they increase transparency of the economic hedging activity. Prior period comparative information has been restated to reflect this change of policy. Refer to the Company’s interim consolidated financial statements for the three month period ended March 31, 2010, Note 3, “significant accounting policies” for further details.
- 2 EBITDA, EBITDA before specific items, EBITDA margin, EBITDA margin before specific items, net earnings (loss) attributable to the Company before specific items, and net earnings (loss) per share attributable to the Company’s common shareholders before specific items are non-GAAP measures. EBITDA margin and EBITDA margin before specific items are defined as EBITDA and EBITDA before specific items as a percentage of sales and adjusted sales, respectively. Refer to the Q1, 2010 Management Discussion and Analysis – Section 8, “Non-GAAP Measures” for further details.
The search for a successor to President and CEO Richard Garneau, whose term will conclude at the end of May, 2010, remains underway.
Further Quarterly Results Materials
This release, a summary slide presentation, and full quarterly report (MD&A, financial statements and accompanying notes) are available on our web site at www.catalystpaper.com/Investors. The full quarterly report is also filed with SEDAR in Canada and EDGAR in the United States.
Catalyst Paper manufactures diverse specialty mechanical printing papers, newsprint and pulp. Its customers include retailers, publishers and commercial printers in North America, Latin America, the Pacific Rim and Europe. With six facilities located in British Columbia and Arizona, Catalyst has a combined annual production capacity of 2.5 million tonnes. The company is headquartered in Richmond, British Columbia, Canada and its common shares trade on the Toronto Stock Exchange under the symbol CTL. Catalyst is listed on the Jantzi Social Index® and is ranked by Corporate Knights magazine as one of the 50 Best Corporate Citizens in Canada.
Richard Garneau, president and CEO and Brian Baarda, vice-president, finance and CFO will hold a conference call on Thursday, April 29, 2010 at 11 a.m. ET, 8 a.m. PT to present the company’s first quarter results. Financial analysts and institutional investors are invited to dial 1-888-231-8191 (North America) or 1-647-427-7450 (Toronto / International) reservation number 69114814. Media and other interested people may join the live webcast by clicking here.
Forward-Looking Statement
Certain matters in this news release, including statements with respect to general economic and market conditions, demand for products, pricing expectations, anticipated cost savings and capital expenditures, are forward looking. These forward-looking statements reflect management’s current views and are based on certain assumptions including assumptions as to future economic conditions, demand for products, levels of advertising, product pricing, ability to achieve operating and labour cost reductions, currency fluctuations, production flexibility and related courses of action, as well as other factors management believes are appropriate. Such forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contained in these statements, including those risks and uncertainties identified under the heading “Risks and uncertainties” in Catalyst’s management’s discussion and analysis in the interim report for the quarter ended March 31, 2010 and available at www.sedar.com.
Investors:
Brian Baarda
Vice-President, Finance & CFO
604-247-4710
Peter Staiger
Vice-President & Treasurer
604-247-4372
Media:
Lyn Brown
Vice-President, Corporate Relations
604-247-4713
Sonoco's Board Declares Increase in Common Stock Dividend
Cash Dividend Raised for the 28th Consecutive Year
The Board of Directors of Sonoco yesturday declared a $.28 per share quarterly common stock dividend, an increase from the previous quarterly dividend of $.27 per share. The dividend will be payable June 10, 2010, to shareholders of record as of May 14, 2010.
According to Harris E. DeLoach Jr., chairman, president and chief executive officer, this is the 28th consecutive year that Sonoco has increased common stock dividends and 340th consecutive quarter, dating back to 1925, that the Company has paid dividends to shareholders. If annualized, Sonoco's new dividend is projected to increase from $1.08 to $1.12 per share, an increase of 3.7 percent. The projected annual dividend of $1.12 per share would provide a yield of approximately 3.4 percent, based on the Company's closing stock price of $33.00 as of April 20, 2010.
About Sonoco
Founded in 1899, Sonoco is a $3.6 billion global manufacturer of industrial and consumer products and provider of packaging services, with more than 300 operations in 35 countries, serving customers in some 85 nations. Sonoco is a proud member of the Dow Jones Sustainability World Index. For more information on the Company, visit our Web site at www.sonoco.com
SOURCE: Sonoco
Sonoco
Roger Schrum, 001-843-339-6018, This email address is being protected from spambots. You need JavaScript enabled to view it.
Sonoco to Host First Quarter 2010 Investor Conference Call
Sonoco (NYSE: SON), one of the largest diversified global packaging companies, will host its regular quarterly investor conference call on Thursday, April 22, 2010, at 2 p.m. Eastern time, to review its financial results for the first quarter of 2010. Participants from Sonoco will include Harris E. DeLoach, Jr., chairman, president and chief executive officer, Charles J. Hupfer, senior vice president and chief financial officer, and Roger P. Schrum, vice president, investor relations and corporate affairs. Sonoco intends to issue a news release reporting its first quarter 2010 financial results at 7:30 a.m. Eastern time on April 22, 2010.
The live investor conference call webcast can be accessed via the Internet at http://www.sonoco.com, under the "Latest News" section. Those planning to participate should plan to connect to the live webcast at least 10 minutes prior to the start. Those interested in participating in the live interactive call should contact Sonoco Corporate Communications at +843-383-7794 to register. A telephonic replay of the call will be available starting at 2 p.m. Eastern time to U.S. callers at 888-286-8010 and international callers at +617-801-6888. The replay passcode for both U.S. and international calls is 46903446. The archived call will be available through April 29, 2010.
Live Audiovisual Webcast of Annual Shareholders' Meeting
Sonoco will conduct a live audiovisual webcast of its Annual Shareholders' Meeting on Wednesday, April 21, 2010, which will include a "state of the company" slide presentation by Mr. DeLoach. The live webcast will be available in a listen-only mode on the Internet beginning at 10:55 a.m. Eastern time, with the meeting beginning at 11 a.m. The live webcast of the annual meeting can be accessed at http://www.sonoco.com. The webcast will be archived on the Investor Information section of Sonoco's Web site for 12 months.
About Sonoco
Founded in 1899, Sonoco is a $3.6 billion global manufacturer of industrial and consumer products and provider of packaging services, with more than 300 operations in 35 countries, serving customers in some 85 nations. For more information on the Company, visit our Web site at http://www.sonoco.com.
SOURCE: Sonoco
Sonoco
Roger Schrum, 843-339-6018
This email address is being protected from spambots. You need JavaScript enabled to view it.
Buckeye Technologies Third Quarter 2010 Earnings Results Schedule
Buckeye Technologies Inc. has scheduled a conference call for Wednesday, April 28, 2010 at 10:00 a.m. Central (11:00 Eastern) to discuss third quarter 2010 results.
All interested parties are invited to listen to the call live or tape delayed via the website www.streetevents.com or via the Company's website homepage at www.bkitech.com. Supplemental material for this call will be available on these websites. The replay will be archived on these websites through May 28, 2010.
In addition, persons interested in listening by telephone may dial in at (800) 967-7138within the United States. International callers should dial(719) 325-2306. Participants should call no later than 9:50 a.m. CT.
To listen to the telephone replay of the call, dial (888) 203-1112 or (719) 457-0820. The passcode is 7646143. This replay will be available until midnight May 12, 2010.
A press release will be issued via Business Wire after the market closes on April 27. If you do not receive a copy of this release, please contact Shirley Spears at (901) 320-8125.
SOURCE: Buckeye Technologies Inc.
Buckeye Technologies Inc.
Steve Dean, 901-320-8352
Sr. Vice President and Chief Financial Officer
or
Investor Relations:
Daryn Abercrombie, 901-320-8908
www.bkitech.com