Coated Paper Controversy: Paper Case Cuts Both Ways
"The Dead Tree Edition" reports that NewPage received $304 million in credits, but still lost $308 million, while Sappi received $136 million in credits, but lost $251 million. Appleton Coated is non-integrated and received no black liquor credits.
The petitioners argue that the black liquor subsidy is not relevant to the case: it was temporary and has ended. The respondents in the case argue otherwise. In testimony before the ITC, APP's Hunley said, "Earlier this year, NewPage used its U.S. government subsidies to take our largest single customer, Unisource, representing half of our business, away from us. Half of our U.S. volume evaporated in that decision."
Jack Miller is founder and Principal Consultant at Market-Intell LLC, offering Need to Know™ market intelligence in paper, print and packaging. Previously, he was senior consultant, North America, with Pira International.
Known as the Paper Guru, Jack is the former director of Market Intelligence with Domtar, where he also held positions as regional sales manager, territory sales manager and product manager. He has presented at On Demand, RISI’s Global Outlook, PRIMIR, SustainCom World and at various IntertechPira conferences. Jack has written for Printing Impressions, Canadian Printer, Paper 360, PaperTree Letter and Package Printing, along with publishing a monthly e-newsletter, MarketIntellibits.
He holds a Bachelor of Arts degree in Economics from The College of the Holy Cross and has done graduate studies in Statistics and Finance.
