Paper Outlook — Cutting the Bottom Line

Energy prices have become a key force cited by paper companies as driving the actions they have taken. One of the more dramatic examples was the reported appeal made by Stora Enso to the government of Nova Scotia for lower electricity rates, which it said was a condition for restarting production at its Port Hawkesbury paper mill. This announcement came on the heels of the company having finally reached an agreement with workers that was to end a months-old lockout.