NewPage Wisconsin System Inc., an indirect, wholly-owned subsidiary of NewPage Corporation, and AIM Demolition USA LLC jointly announced today that they have entered into an Asset Purchase Agreement for AIM Demolition USA LLC's purchase of the NewPage Kimberly, Wisconsin facility from NewPage Wisconsin System Inc.

The transaction is expected to close this month. AIM Demolition USA LLC is currently exploring various avenues regarding the potential future of the site.

Sanabe & Associates, LLC, acted as financial advisor to NewPage in the transaction.

Verso Paper Corp. has announced its participation in a partnership with Time Inc., Hearst Enterprises, National Geographic, the Sustainable Forestry Initiative^® (SFI^®), and other forest products companies in Maine to promote sustainable forest management principles and initiatives.

"Verso and its partners are to be congratulated for building on the Maine pilot to expand the partnership and increase the amount of lands certified to the SFI Standard," said SFI President and CEO, Kathy Abusow. This partnership is an extension of a pilot project completed last year in Maine that provided support to private landowners by creating a more cost effective certification process and offering resources to support responsible forest management practices. Last year's pilot project resulted in an additional 620,000 acres certified to the SFI and the American Tree Farm System^® standards in Maine, an 8.3% increase. This year's partnership effort will use the experience learned from the pilot project and involve a new group of landowners who recognized the value in the improved and thorough process that came out of last year's pilot. This new partnership effort is expected to result in over 600,000 additional acres becoming certified under the SFI Standard. Importantly, the project will meet the needs of small and medium-sized landowners by further validating a more cost effective certification process and providing resources to support forest management best practices.

"Verso has strategically taken a leadership role over the years to promote forest certification by developing partnerships and providing support to a variety of stakeholders with similar values," said Craig Liska, Vice President of Sustainability for Verso. Last year's pilot project and this year's extension have resulted in a growing number of landowners showing interest in this improved certification process. Verso believes the increased awareness and understanding of the value this new certification process offers will prompt others to join the effort and promote further growth of the program in Maine and other states.

"Verso is very excited about this latest partnership and looks forward to seeing the increase in certified acreage in Maine along with the sustainable forest management practices that accompany this certification effort," continued Mr. Liska. "As a manufacturer and marketer of paper products, Verso recognizes and embraces our responsibility to support healthy, viable forests as a renewable resource for generations to come."

The Board of Directors of Temple-Inland Inc. has adopted a stockholder rights plan and declared a dividend distribution of one Preferred Share Purchase Right on each outstanding share of Temple-Inland common stock.

Doyle R. Simons, Chairman and Chief Executive Officer of Temple-Inland Inc., said: "The Rights are designed to assure that all of Temple-Inland's stockholders receive fair and equal treatment in the event of any proposed takeover of the Company, to guard against abusive tactics to gain control of Temple-Inland without paying all stockholders a premium for that control, and to enable all Temple-Inland stockholders to realize the long-term value of their investment in the Company.

"In this regard, the Temple-Inland Board of Directors unanimously determined that International Paper's proposal announced yesterday to acquire the Company grossly undervalues Temple-Inland and its future prospects and is not in the best interests of Temple-Inland stockholders."

The Rights will be exercisable only if a person or group acquires 10% or more of Temple-Inland's common stock. Each Right will entitle stockholders to buy one one-hundredth of a share of a new series of junior participating preferred stock at an exercise price of $120.

If a person or group acquires 10% or more of Temple-Inland's outstanding common stock, each Right will entitle its holder (other than such person or members of such group) to purchase, at the Right's then-current exercise price, a number of Temple-Inland's common shares having a market value of twice such price. In addition, if Temple-Inland is acquired in a merger or other business combination transaction after a person has acquired 10% or more of the Company's outstanding common stock, each Right will entitle its holder to purchase, at the Right's then-current exercise price, a number of the acquiring company's common shares having a market value of twice such price. The acquiring person will not be entitled to exercise these Rights.

Prior to the acquisition by a person or group of beneficial ownership of 10% or more of the Company's common stock, the Rights are redeemable for one cent per Right at the option of the Board of Directors.

Certain synthetic interests in securities created by derivative positions -- whether or not such interests are considered to be ownership of the underlying common stock or are reportable for purposes of Regulation 13D of the Securities Exchange Act -- are treated as beneficial ownership of the number of shares of the company's common stock equivalent to the economic exposure created by the derivative position, to the extent actual shares of the company's stock are directly or indirectly held by counterparties to the derivatives contracts.

The dividend distribution will be made on June 17, 2011, payable to stockholders of record as of the close of business on that date, and is not taxable to stockholders. The Rights will expire on June 7, 2016.

Domtar Corporation is proud and honored to announce today that it has been selected as one of the Top Three of the 50 Best Corporate Citizens in Canada by Corporate Knights. Corporate Knights is an independent and top-ranked Canadian-based media company that publishes the world's largest circulation magazine that focuses on corporate responsibility. The 50 Best Corporate Citizens List, announced June 8^th, is based on environmental, social and governance indicators found in the public domain, as well as an assessment of how these companies manage their carbon, energy, water usage and waste production.

"We are not just a paper company," said John D. Williams, President and CEO of Domtar Corporation, "We are The Sustainable Paper Company. We believe that our ongoing association with major, respected environmental organizations and our sincere efforts in the domain of sustainability were key factors for our inclusion among the Top Three Corporate Citizens in Canada. We look forward to continuing these award-winning efforts and we will continue to raise the bar as a leader when it comes to sustainability in the Pulp and Paper industry."

Domtar engages with many major, respected environmental organizations to promote sustainability and earth-conscious projects, such as the World Wildlife Fund and Rainforest Alliance. Our work with The Nature Conservancy on the Working Woodlands pilot project is helping small forestry owners develop sustainable forest management plans that are certified by the Forest Stewardship Council^TM. Our award-winning Paper Because Campaign was launched this past year to reestablish paper as a sustainable, personal and purposeful resource. Domtar Corporation is the highest ranked Basic Materials Company in the list of the 50 Best Corporate Citizens in Canada.

Jari Koikkalainen has been appointed President of Metso Paper and Fiber Technology, China region as of August 1, 2011. He is currently Senior Vice President, Sales, Metso’s Paper business line and head of the company’s Paper and Fiber Technology sales function.

In his new position, Koikkalainen’s main focus will be to further strengthen Metso Paper and Fiber Technology’s market position by developing their sales and service in China to meet local customer expectations even better. He will also head the local management team to ensure excellent cooperation between all parts of the Metso organization.

Koikkalainen will be located in Beijing and he will report to Pasi Laine, President, Paper and Fiber Technology.

Koikkalainen succeeds Ari Harmaala, who has served Metso for 25 years, of which 18 years in Asia.

Clariant publishes 2011 and 2015 targets including Süd-Chemie
 Focus on disciplined value-based performance management to drive growth
 Intention to reinstate dividend payments for the current business year

Clariant, a world leader in specialty chemicals, has raised today its 2011 sales and margin targets on the occasion of its capital markets event. The company expects sales growth in the high single-digit range in local currency compared to 2010 and an EBITDA margin between 13.5-14.5%. For 2015, Clariant targets sales above CHF 10 billion and an EBITDA margin before exceptional items above 17%.

Based on its four pillars strategy and supported by the continuous improvement initiative “Clariant Excellence”, Clariant is well underway to meet its 2015 targets. A consequent implementation of performance optimization measures in the current portfolio, the build-up of an efficient R&D and Innovation organization, the elimination of geographical and technological gaps as well as M&A transactions are key to achieve the ambitious goals.

CEO Hariolf Kottmann commented: “With the beginning of 2011, Clariant has switched from restructuring to growth. Our well-positioned traditional businesses have further potential to improve their performance while the newly to be integrated Süd-Chemie businesses will drive higher sales growth and help to improve our margins. Applying our value-based performance management approach, we are confident to achieve our mid-term targets until 2015, using both organic growth and portfolio management.”

Clariant also reconfirmed its policy of paying a stable dividend going forward, with the intention to resume dividend payments for the full-year 2011.

Ahlstrom, a global high performance materials company, announces price increases on its graphics and packaging products as a consequence of the rise in raw material, chemicals and energy costs.

The price increase will affect all graphics and packaging products worldwide and will be effective for all shipments made as of July 1, 2011. The increase will vary up to 10 percent, depending on products and markets. Specific details will be discussed with customers.

Ahlstrom's graphics and packaging products are part of the Label and Processing Business Area and their end-use applications include metalized wet glue labels, flexible packaging, envelope windows and repositionable notes.

Temple-Inland Inc. (NYSE: TIN) announced today that it received an unsolicited proposal from International Paper Company (NYSE: IP) to acquire the Company for $30.60 per Temple-Inland share in cash. Temple-Inland's Board of Directors, after careful consideration with its independent financial and legal advisors, voted unanimously to reject International Paper's proposal after the Board determined unanimously that the proposal grossly undervalues Temple-Inland and is not in the best interest of Temple-Inland's stockholders.

The Board authorized Doyle R. Simons, Chairman and CEO of Temple-Inland, to communicate its rejection to John Faraci, International Paper's Chairman and CEO. A copy of Mr. Simons's letter to Mr. Faraci is incorporated into this news release.

"Since we launched the 'new' Temple-Inland in January 2008, we have delivered superior results to our stockholders compared with our corrugated packaging peers (including IP), building products peers, and the S&P 500. Since that time, our total return to stockholders of 22% greatly exceeds the 5% total return that IP has achieved. Through our proven ability to execute our strategy focused on maximizing return on investment (ROI) and profitably growing our business, the Board believes the Company will continue to provide superior results for our stockholders," said Mr. Simons. "As the economic recovery continues and the benefits from our strategy continue to be realized, it is the stockholders of Temple-Inland who should gain from those anticipated benefits, not the stockholders of IP."

In its review of International Paper's unsolicited proposal, the Temple-Inland Board considered a number of factors and came to the following conclusions:

• International Paper's unsolicited proposal grossly undervalues Temple-Inland and its future prospects:
  • Based on the Company's internal estimates, as well as Wall Street consensus estimates, the Board believes the Company's accelerating growth of earnings and ROI will result in superior value to that offered by International Paper in a sale transaction.
  • International Paper's claims about its proposal rely on valuation metrics from "precedent" transactions that involved underperforming assets that are not comparable to Temple-Inland and its industry-leading returns, high-quality assets and low-cost structure.
  • The retrospective focus of these "comparables" does not take account of the profound changes that are occurring in the corrugated packaging industry, which have led to reduced pricing volatility, higher average prices, and widely-held expectations that these positive industry trends will continue.
  • The proposal fails to reflect the significant value the Company's box plant transformation II project will generate for Temple-Inland and its stockholders.
  • International Paper overstates the Company's actual net debt by $91 million and the net present value of our timber financing liability by at least $200 million.

• The timing of International Paper's unsolicited proposal is extremely opportunistic and disadvantageous to Temple-Inland stockholders:
  • Housing markets are at historically low levels, temporarily depressing the value of our building products operations. International Paper is attempting to take advantage of our stockholders by moving to grab the Company at a bargain price at a time when there is little or no market value being ascribed to building products.
  • As International Paper has consistently highlighted to the investment community, corrugated packaging demand remains below prerecession levels, but is expected to recover as the economy continues to improve. International Paper is attempting to time its offer before corrugated packaging demand returns to prerecession levels and pricing improves as expected by industry analysts.
  • An estimated $90 million of the annual cost savings from our box plant transformation II are still ahead of us - our stockholders, not the stockholders of International Paper, deserve to receive the benefit of the significant capital we have invested in this project.

• The potential acquisition will likely face prolonged and rigorous investigation by antitrust authorities and an uncertain outcome:
  • A combined company would control an almost 40% share of North American containerboard capacity.
  • Given the expected scrutiny by U.S. antitrust authorities, it is likely that a potential transaction would require a significant amount of time to complete, even under the most favorable circumstances.

A presentation providing additional information about Temple-Inland and the reasons the Temple-Inland Board rejected International Paper's proposal will be posted in the Investor Relations section of our website and filed with the SEC.

Goldman, Sachs & Co. is acting as financial advisor to Temple-Inland, and Wachtell, Lipton, Rosen & Katz is acting as Temple-Inland's legal counsel.

The text of Mr. Simons's June 4, 2011 letter to Mr. Faraci is set forth below:

Dear John:

The Board of Directors of Temple-Inland has received your letters dated May 19 and May 27, 2011 containing IP's proposal to acquire all of the outstanding shares of Temple-Inland for $30.60 per share in cash.The Board has also considered the additional information you provided me at our meeting held at your request on May 26.Earlier today, the Temple-Inland Board of Directors convened and carefully reviewed your company's proposal with the assistance of its financial advisor, Goldman, Sachs & Co., and its legal counsel, Wachtell, Lipton, Rosen & Katz.After thorough consideration, it is the unanimous view of the Temple-Inland Board of Directors that your unsolicited proposal grossly undervalues Temple-Inland and its future prospects.Accordingly, the Temple-Inland Board unanimously rejects IP's proposal of $30.60 per share.

Since we launched the "new" Temple-Inland in January 2008, we have delivered superior results to our stockholders compared with our corrugated packaging peers (including IP), building products peers, and the S&P 500.Since that time, our total returns to stockholders of 22% greatly exceed the 5% total return that IP has achieved.Through our proven ability to execute our strategy focused on maximizing return on investment (ROI) and profitably growing our business, the Board believes the Company will continue to provide superior results for our stockholders.

A key part of our strategy is to maximize ROI, because we believe ROI is fundamental to driving stockholder value.In corrugated packaging, we generated record ROI of 16.5% in 2009 and 2010 and are positioned to generate significantly higher levels of ROI in 2011 and beyond due to fundamental changes in the industry and benefits from our box plant transformation. Indeed, we are now achieving the highest returns on assets in the corrugated packaging industry.Despite the worst housing markets since the Great Depression, our low-cost building products operation has continued to generate positive cash flow throughout the downturn and is positioned to generate very high levels of return for our stockholders when housing markets recover.As the economic recovery continues and the benefits from our strategy continue to be realized, it is the stockholders of Temple-Inland who should benefit from our company's very strong prospects, not the stockholders of IP.

We take issue with a number of claims in the materials you have provided to us.You have overstated our net debt by $91 million (which was $737 million as of March 31, 2011, rather than the $828 million stated in your proposal) and the net present value of our timber finance liability by at least $200 million.More significantly, the "comparable" transactions you cite are simply not comparable -- those transactions involved troubled or struggling companies or operations rather than a company such as Temple-Inland with its industry-leading returns, high-quality assets and low-cost structure.Further, the retrospective focus of these "comparables" does not take account of the profound changes that are occurring in the corrugated packaging industry, which have led to reduced pricing volatility, higher average prices and widely-held expectations that these positive industry trends will continue.

Your own public statements acknowledge the changes in the industry and make clear that "looking back at history" is not the correct way to understand the corrugated packaging industry's future.If, as you so clearly state, the past is not prologue for your company, neither is it for ours.We believe that it is for this reason that your letter of May 27 insistently says "Timing and speed are important," and you have threatened us with a hostile bid if we do not respond by your deadline.The speed that is "important" to you underscores an opportunistic attempt to deprive our stockholders of the value in their company that we believe will become increasingly evident as the benefits of profound change in the corrugated packaging industry, Box Plant Transformation II and our extremely low-cost building products business accrue to the benefit of our stockholders.Finally, the "certain" value you refer to overlooks the serious regulatory issues of your proposal, an attempt to forcibly combine the #1 and #3 participants in the corrugated packaging industry with the result that your company would have an approximate 40% share of industry capacity, nearly double the next largest competitor.

Our Board of Directors, our management team and our employees are dedicated to creating value for all of our stockholders, which we expect to do by continuing to effectively execute on our strategic plan.

Sincerely,

Doyle R. Simons

AkzoNobel has entered into a partnership in China with Quangxi CAVA Titanium Industry Co. Ltd. for the production and supply of titanium dioxide (TiO₂), one of the most important raw materials in the production of paints and coatings.

The collaboration – which includes the construction of a new TiO₂ plant in Qinzhou –   will help to secure AkzoNobel’s growing titanium dioxide raw material needs for the Asian market. Financial details were not disclosed.

Rapid growth is expected within the global coatings and paints market and most of this demand growth will occur in Asia, especially China. As a result, the regional demand for TiO₂ will also rise.

“By entering into this partnership with CAVA, we will enhance security of supply in Asia for a critical raw material,” explained Werner Fuhrmann, AkzoNobel’s Executive Committee member responsible for Supply Chain and Sourcing.

Quangxi CAVA Titanium Industry Co. Ltd. was recently established to produce titanium dioxide and is currently in the process of designing and constructing a 100,000 ton TiO₂ plant at an industrial site in Qinzhou. Production is expected to start in early 2014.

“This is a strategic partnership which offers huge potential to further integrate and expand our business portfolio,” commented Mr Ke Genxi, Chairman of CAVA Group. “I’m very pleased to partner with AkzoNobel and I’m sure that our 20 years of experience in ore operations, along with our own resources in this venture, will contribute to a successful collaboration.”

Titanium dioxide is by far the most widely used white pigment in the industry because of its brightness and opacity. Approximately five million tons of pigmentary TiO₂ are consumed annually worldwide, mainly in the coatings, plastics and paper industries.

AkzoNobel is the largest global paints and coatings company and currently employs around 6700 people in China, where revenue for 2010 totaled €1.3 billion. The majority of revenue is generated from local demand. The company has 27 manufacturing locations in China.