ABH (NYSE, TSX)
MONTREAL, Sept. 16 /CNW Telbec/ - AbitibiBowater announced today that its
Thorold, Ontario newsprint mill has been certified to the Forest Stewardship
Council chain-of-custody standard (FSC CoC). This certification tracks FSC
certified material through the production process - from the fiber sources to
the consumer, including all successive stages of processing, transformation,
manufacturing and distribution.
All of the Thorold mill's 100% recycled newsprint production will be
eligible to carry the FSC logo as a result of the certification (certification
number SW-COC-003422). Smartwood - Rainforest Alliance, who recommended the
mill be registered under the FSC CoC (FSC-STD-40-004 v2) standard, conducted
the audit of this operation.
"Certification under the FSC CoC standard demonstrates AbitibiBowater's
commitment to transparency of the Company's fiber sourcing practices,"
commented David J. Paterson, President and Chief Executive Officer. "With this
announcement, AbitibiBowater will now operate the largest FSC certified 100%
recycled newsprint mill in North America."
This decision builds on the Company's existing commitments to certify
100% of its managed forests to one of the three predominant North American
certification standards, including the Canadian Standards Association,
Sustainable Forestry Initiative and FSC standards. The Company has an
inclusive approach to certification recognizing each of these standards.
AbitibiBowater has already implemented FSC CoC at its Mersey, Nova Scotia
mill.
AbitibiBowater produces a wide range of newsprint, commercial printing
papers, market pulp and wood products. It is the eighth largest publicly
traded pulp and paper manufacturer in the world. AbitibiBowater owns or
operates 27 pulp and paper facilities and 34 wood products facilities located
in the United States, Canada, the United Kingdom and South Korea. Marketing
its products in more than 90 countries, the Company is also among the world's
largest recyclers of old newspapers and magazines, and has more third-party
certified sustainable forest land than any other company in the world.
AbitibiBowater's shares trade under the stock symbol ABH on both the New York
Stock Exchange and the Toronto Stock Exchange.
