Archive for paper
Making and Using Newspaper Pots
Posted in Uncategorized with tags gardening, newspaper, newspaper pots, newsprint, paper, paper pots, recycling, reusing on March 22, 2010 by highboldtageEvergreen Pulp Fails to Make Payroll
Posted in Uncategorized with tags asset stripping, china, cosmopolis pulp mill, cyanamide, evergreen pulp, evergreen pulp mill, green liquor, grey's harbor, hydrosulfide, layoffs, Lee & Mann, outsource, outsourced, outsourcing, paper, pulp, pulp mill, rex bohn, samoa, thiourea, unemployment, vietnam on December 2, 2008 by highboldtageEvergreen Pulp Fails to Make Payroll
http://samoasoftball.blogspot.com/2008/12/evergreen-pulp-busted.html
Richard Marks “Doomsday” Evergreen Pulp – Samoa Water Scenario
Posted in Uncategorized with tags asset stripping, china, cosmopolis pulp mill, cyanamide, dg fairhaven, evergreen pulp, evergreen pulp mill, fairhaven, fairhaven power plant, green liquor, grey's harbor, hydrosulfide, john mccain, layoffs, Lee & Mann, outsource, outsourced, outsourcing, paper, peninsula union school district, pulp, pulp mill, rex bohn, richard marks, samoa, samoa cookhouse, samoa fire suppression system, samoa peninsula, samoasoftball, thiourea, unemployment, vietnam on November 7, 2008 by highboldtageRichard Marks “Doomsday” Evergreen Pulp – Samoa Water Scenario
“If Evergeen does not pay its water bill in a timely fashion, the water is cut off in mid December. That means no water for DG Fairhaven, the pulp mill and the town of Samoa’s Fire Suppression System. That will likely mean the closure of Peninsula Union School District, The Historic Samoa Cookhouse and most likely, Inside Sports. Unless someone pays off a Fire Marshall.”
http://samoasoftball.blogspot.com/2008/11/evergreen-stuff-story-lawyers-water-and.html
Lee & Mann Evergreen Pulp Mill Stock Sale Filing
Posted in Uncategorized with tags asset stripping, china, cosmopolis pulp mill, cyanamide, David Tsang, evergreen pulp, evergreen pulp mill, green liquor, grey's harbor, hydrosulfide, john mccain, layoffs, Lee & Mann, outsource, outsourced, outsourcing, paper, pulp, pulp mill, rex bohn, Sam Wong, samoa, thiourea, unemployment, vietnam, Weyerhaeuser on November 6, 2008 by highboldtage– 1 –
The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes
no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any
loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
DISCLOSEABLE TRANSACTION
On 15 October 2008, the Vendor and the Purchaser entered into the Agreement whereby the
Vendor agreed, inter alia, to transfer the Sale Shares to the Purchaser for an aggregate
consideration of HK$200 million.
The Transaction constitutes a discloseable transaction for the Company under Rule 14.06 of the
Listing Rules. A circular containing details of the Transaction will be despatched to the
Shareholders as soon as practicable.
Terms of the Agreement
Date: 15 October 2008
Parties: (i) the Vendor, an indirect wholly-owned subsidiary of the
Company.
(ii) the Purchaser – to the best of the Directors’ knowledge,
information and belief having made all reasonable enquiries,
the Purchaser and its ultimate beneficial owners are third
parties independent of the Company and Connected Persons of
the Company.
Terms: The consideration for the Sale Shares shall be satisfied by the
Purchaser by way of a cash payment of HK$200 million and to be
satisfied as follows:-
(a) HK$20 million on Completion;
(b) HK$30 million by 31 December 2008;
(c) HK$30 million by 31 March 2009;
(d) HK$30 million by 30 June 2009;
(e) HK$30 million by 30 September 2009;
(f) HK$30 million by 31 December 2009; and
(g) HK$30 million by 31 March 2010.
– 2 –
Completion: Completion took place immediately after signing of the Agreement
on 15 October 2008. Title in and ownership of the Sale Shares
transferred on Completion. USLM and HKLM are no longer
subsidiaries of the Company immediately after Completion.
INFORMATION ON USLM AND HKLM
USLM and HKLM are companies established in Colorado, the United States of America and
were both indirect wholly-owned subsidiaries of the Company immediately prior to
Completion. Both companies were mainly engaged in the manufacture of paper pulp outside
China and the Asian region.
REASONS OF AND BENEFITS FOR THE TRANSACTION
The Transaction provides a good opportunity to enable the Group to dispose of its interests in
USLM and HKLM for cash so as to allow the Group to pursue its principal business in China
with better return. Upon completion of the disposal of interests in USLM and HKLM, the
Group will continue to focus on its principal businesses in China. The sale proceeds to be
received create additional financial resources for the Group and will be used as working
capital to support further development of the Group’s principal businesses in China. There are
no restrictions which apply to the subsequent sale of the Sale Shares.
Details of the net loss (before and after taxation and extraordinary items) attributable to the
Sale Shares for the two financial years ending 31 March 2008 immediately preceding the
transaction are approximately:
2008 2007
Before taxation and extraordinary items
HK$1 million HK$53 million
After taxation and extraordinary items HK$3 million HK$42 million
The unaudited net assets of the Sale Group as at 30 September 2008 was HK$199 million, the
estimated gain arising from the disposal of the Sale Shares is approximately HK$1million,
being the difference between the net asset value of the Sale Group and the consideration for
the Sale Shares of HK$200 million.
The consideration of the Transaction is based on the net book value of the assets of the Sale
Group and in view of the above, the Directors are of the view that the terms of the
Transaction are fair and reasonable and in the interests of the Shareholders as a whole.
GENERAL INFORMATION
The Group is a large-scale paper manufacturer and specializes in the production of
containerboard.
– 3 –
To the best of the knowledge, information and belief of the Vendor, after having made all
reasonable enquiries, the Purchaser is engaged in the business of paper manufacturing.
The Transaction constitutes a discloseable transaction for the Company under Rule 14.06 of
the Listing Rules. A circular containing details of the Transaction will be despatched to the
Shareholders as soon as practicable.
DEFINITIONS
The following terms are used in this announcement with the meanings set opposite them:-
“Agreement” the agreement dated 15 October 2008 entered into between
the Vendor and the Purchaser relating to the Transaction;
“Board” the board of directors of the Company;
“Company” Lee & Man Paper Manufacturing Limited, a company
incorporated the Cayman Islands, the shares of which are
listed on the Stock Exchange;
“Completion” completion of the Transaction under the Agreement;
“Connected Person(s)” the meaning ascribed thereto in the Listing Rules;
“Directors” the directors of the Company;
“Group” the Company and its subsidiaries (other than the Sale
Group);
“HKLM” HKLM Acquisition, Inc., a company established in
Colorado, the United States of America, and an indirect
wholly-owned subsidiary of the Company immediately
prior to Completion;
“Listing Rules” the Rules Governing the Listing of Securities on the Stock
Exchange;
“Purchaser”
“Sale Group”
Worthy Pick Group Limited, a company incorporated in
the British Virgin Islands;
USLM, HKLM and their subsidiaries;
“Sale Shares” 1,000 shares of par value of US$1.00 each in the capital of
USLM and 1,000 shares of par value US$1.00 each in the
capital of HKLM, representing the entire issued share
capital of USLM and HKLM respectively;
“Shareholders” shareholders of the Company;
14.60(2)
– 4 –
“Stock Exchange” The Stock Exchange of Hong Kong Limited;
“Transaction” the transfer of the Sale Shares as contemplated thereunder
in the Agreement;
“USLM” USLM Acquisition, Inc., a company established in
Colorado, the United States of America, and an indirect
wholly-owned subsidiary of the Company immediately
prior to Completion;
“Vendor” Deepfaith International Limited, an indirect wholly-owned
subsidiary of the Company;
“HK$” Hong Kong dollars; and
“US$” United States dollars.
By Order of the Board
Lee & Man Paper Manufacturing Limited
Lee Wan Keung Patrick
Chairman
Hong Kong, 16 October 2008
As at the date of this announcement, the board of directors of the Company comprises four executive directors,
namely Mr Lee Wan Keung Patrick, Mr Lee Man Chun Raymond, Mr Lee Man Bun, Mr Li King Wai, one nonexecutive
director, namely Professor Poon Chung Kwong and four independent non-executive directors, namely
Mr Wong Kai Tung Tony, Ms Law Kar Shui Elizabeth, Mr Peter A Davies and Mr Chau Shing Yim David.
* for identification purposes only
http://www.quamir.com/quamir/openfiledetail.action?articleId=987441
The Evergreen Pulp Mill deal is dead – Grey’s Harbor
Posted in Uncategorized with tags asset stripping, china, cosmopolis pulp mill, cyanamide, David Tsang, evergreen pulp, evergreen pulp mill, green liquor, grey's harbor, hydrosulfide, john mccain, layoffs, Lee & Mann, outsource, outsourced, outsourcing, paper, pulp, pulp mill, rex bohn, Sam Wong, samoa, thiourea, unemployment, vietnam, Weyerhaeuser on October 24, 2008 by highboldtagePUD pulls out of Cosi mill dealBy Leif Nesheim – The Daily World
Thursday, October 23, 2008 11:02 AM PDT
The Evergreen Pulp Mill deal is dead.
This morning the Grays Harbor PUD announced it has discontinued exclusive negotiations with Evergreen Pulp to purchase the Weyerhaeuser-owned mill’s powerhouse in Cosmopolis. The public utility district also won’t pursue the project as a stand-alone power generation facility.
The PUD entered into negotiations with Evergreen early this year to purchase the generation assets as part of a joint offer to buy the mill from the Weyerhaeuser Co. Evergreen would have bought and operated the mill, while the PUD would have purchased the powerhouse in a simultaneous deal with Evergreen.
“It is clear to the PUD that the deal with Evergreen is not moving forward and the likelihood that we would be able to successfully finalize a deal that would benefit rate payers has diminished,” PUD general manager Rick Lovely said.
Last week, Evergreen’s parent company, Hong Kong-based Lee & Man Paper Manufacturing, announced the sale of its U.S. assets, including Evergreen, which is based in northern California. The announcement came less than a week after Evergreen CEO David Tsang announced the closure of the company’s mill in Samoa, Calif.
Weyerhaeuser officials said this week that they are considering other options for the Cosmopolis Pulp Mill after Evergreen Pulp representatives missed a scheduled meeting Friday without explanation. Weyerhaeuser officials did not reply to messages left this morning by presstime.
Evergreen CEOs Tsang and Sam Wong also did not return calls this morning.
New cost estimates determined that it would be too expensive for the PUD to generate electricity at the mill without a partner using the mill, Lovely said.
more: http://www.thedailyworld.com/articles/2008/10/23/local_news/02news.txt
Does the Somoa, CA (Evergreen) mill signal the start of additional mill shuts?
Posted in Uncategorized with tags asset stripping, china, cosmopolis pulp mill, cyanamide, evergreen pulp, evergreen pulp mill, green liquor, grey's harbor, hydrosulfide, john mccain, layoffs, Lee & Mann, outsource, outsourced, outsourcing, paper, pulp, pulp mill, rex bohn, samoa, thiourea, unemployment, vietnam on October 20, 2008 by highboldtageDoes the Somoa, CA (Evergreen) mill signal the start of additional mill shuts?
Pulp mill settles water quality violations
Posted in Uncategorized with tags asset stripping, china, cosmopolis pulp mill, cyanamide, evergreen pulp, evergreen pulp mill, green liquor, grey's harbor, hydrosulfide, john mccain, layoffs, Lee & Mann, outsource, outsourced, outsourcing, paper, pulp, pulp mill, rex bohn, samoa, thiourea, unemployment, vietnam on October 20, 2008 by highboldtagePulp mill settles water quality violations
The Evergreen Pulp mill will pay $463,000 to settle state water quality regulators’ complaints over its discharge into the Pacific Ocean.
The mill discharges millions of gallons of wastewater daily into the ocean about 11/2 miles off the Samoa Peninsula and repeatedly violated the terms of its permit between March of 2005 and July of 2007. The violations are for effluent that essentially absorbs too much oxygen at the outfall, or has too many suspended solids in it.
The maximum penalty for the violations would be a staggering $59.3 billion, while the minimum that could be assessed is $77,000. Erik Spiess, senior council with the State Water Resources Control Board’s Office of Enforcement, said the $463,000 settlement reflects the $387,000 in economic benefits that the board estimates Evergreen got from not correcting the problems.
violations, in part, are for effluent that uses up too much oxygen where the pipe empties to the ocean, which can harm sea life. Called biological oxygen demand, the regulation was drafted to apply to discharges into lakes and rivers, where dilution plays a much smaller role than in an ocean.
Evergreen Vice President Rex Bohn said that the mill is working to improve treatment and filtration of its effluent.
”We are working on the problem on a daily basis,” Bohn said.
PULP MILL TRUTH
Posted in Uncategorized with tags asset stripping, china, cosmopolis pulp mill, cyanamide, evergreen pulp, evergreen pulp mill, green liquor, grey's harbor, hydrosulfide, john mccain, layoffs, Lee & Mann, outsource, outsourced, outsourcing, paper, pulp, pulp mill, rex bohn, samoa, thiourea, unemployment, vietnam on October 20, 2008 by highboldtagePULP MILL TRUTH |
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Information on Kraft Pulping
Every kraft pulp mill – such as the Evergreen Pulp Mill on Humboldt Bay’s Samoa Peninsula – poses questions of potential health risk to residents in its vicinity. This web site – a factual critique of pulp mill community/environment ecology – is devoted to clarifying this important community issue. Pulp Truth provides accurate and hard to find information about pulp mill odors, hazardous air pollutants (HAP) associated with kraft pulp mills, the kraft pulping process and pollution control, Evergreen Pulp, Inc., medical and environmental studies. Humboldt Bay in northern California has had a pulp industry since 1965. During this time local residents, especially those living on the West side of Eureka near the mills, have had little access to detailed information about potential health risks associated with the pulp industry. At one time in Humboldt County, a common saying about pulp mill odors was, “it smells like money”. In other words, the emphasis was on economics rather than health. Today, less than two hundred people work at the one remaining pulp mill, with a few hundred others employed in directly related businesses. At the same time more and more residents are beginning to ask questions about possible health risks related to the aging local kraft pulp mill. More and more people are asking for detailed information. |
Evergreen Recruits Canadian Workers
Posted in Uncategorized with tags asset stripping, china, cosmopolis pulp mill, cyanamide, evergreen pulp, evergreen pulp mill, green liquor, grey's harbor, hydrosulfide, john mccain, layoffs, Lee & Mann, outsource, outsourced, outsourcing, paper, pulp, pulp mill, rex bohn, samoa, thiourea, unemployment, vietnam on October 20, 2008 by highboldtageU.S. mill recruits at Harmac
Robert Barron, CanWest News Service
Published: Saturday, November 03, 2007
NANAIMO — Workers at Nanaimo’s troubled Harmac pulp mill have the opportunity to look south to sunny California for long-term and stable employment.
The Evergreen pulp mill, located in northern California, is looking for experienced pulp mill workers and has begun a recruitment campaign in areas where mills have closed or are in trouble.
Rex Bohn, vice-president of Evergreen, said the mill has an aging workforce and is looking for resumés from new workers with the required skills needed to work in a pulp mill to have on file as its current employees retire.”We’re reaching out to areas where people have been laid-off and want to get back to work, or are just looking for work in a new location,” he said.
“We’ve hired sawmill workers in the past, but we need people with the skills to operate machines such as bleach plants and digesters that are specific to pulp mills.”
Bohn said the Evergreen mill is owned by a Chinese company and is the second largest producer of cardboard in China, so the work is secure and mill workers don’t face the same uncertainty that workers at the Harmac mill.
….{snip}….
“However, we know it’s not easy for Canadian workers to work in the U.S. so anyone interested should look into the work-visa process,” he said.
Resumés can be sent to abenny @telus.net
Citizen Suit Prompts Settlement Of Pulp Mill Pollution
Posted in Uncategorized with tags asset stripping, china, cosmopolis pulp mill, cyanamide, evergreen pulp, evergreen pulp mill, green liquor, grey's harbor, hydrosulfide, john mccain, layoffs, Lee & Mann, outsource, outsourced, outsourcing, paper, pulp, pulp mill, rex bohn, samoa, thiourea, unemployment, venturi scrubber, vietnam on October 20, 2008 by highboldtageMedia Release 03/12/07: Citizen Suit Prompts Settlement Of Pulp Mill Pollution
- Tues, March 13, 2007 KMUD radio interview (4.8 MB MP3)
- See also: Citizen Lawsuit Filed Against Evergreen’s Humboldt Bay Pulp Mill – Jan 2006; Complaint (Clean Air Act Citizen Suit) (100 kb pdf file)
- For a Microsoft Word version of this press release with hyperlinked references, click here
March 12, 2007
(Eureka, CA) Citizen groups and California’s last remaining pulp mill today lodged a settlement with the federal court in San Francisco that will significantly reduce emission of fine airborne particles that have plagued Eureka and the surrounding Humboldt County community in recent years. The settlement was reached eighteen months after the groups initiated an enforcement action against the pulp mill and as trial was about to begin.
Noting that Evergreen Pulp, Inc.’s 43-year-old mill on the Samoa Peninsula across the bay from Eureka regularly discharged air pollution beyond the limits of its federal permit, Californians for Alternatives to Toxics (CATs) and the Environmental Protection Information Center (EPIC) then filed suit in federal court in January, 2006, to make the company install modern pollution-control equipment to comply with the federal Clean Air Act.
“The outcome we’ve reached today underscores the importance of citizen enforcement of the Clean Air Act,” said Patty Clary of CATs. “It’s what motivated Evergreen to clean up its smokestack and become a good neighbor.”
The terms of the agreement require Evergreen to install by September, 2008, a pollution-control device called a “Venturi scrubber” on the smelt dissolver tank. One of the pulp mill’s most polluting pieces of equipment, the smelt dissolver emits dangerous airborne particles small enough to lodge in the lung, heavy metals and toxic gasses.
In an earlier agreement with local air-quality regulators, Evergreen agreed to update pollution control for the lime kiln, which also discharges particulates, by installing an electrostatic precipitator.
Both pollution-control devices are considered to be “state of the art” by experts worldwide and should reduce overall emissions significantly at the pulp mill.
EPIC president Noah Levy welcomed the agreement, saying: “We’ll all breathe easier in Eureka and the Humboldt Bay area when the pulp mill modernizes its equipment. It’s great news for the pulp mill workers and for the community.”
Evergreen’s parent company, Lee & Man, bought the mill in 2005 to produce unbleached pulp for shipment to its paperboard mills in Asia. Built in 1964 by Georgia-Pacific, the mill was converted to Totally Chlorine Free (TCF) bleached kraft processing by Louisiana-Pacific a decade ago. Then it passed through a series of owners. Pollution caused by years of deferred maintenance of pulp mill equipment spurred residents of Eureka neighborhoods to oppose variances to pollution limits requested by Evergreen and granted by local air-quality regulators. They convinced CATs and EPIC to seek protection under the Clean Air Act.
Representing CATs and EPIC in the citizen-enforcement action were Eureka-based William Verick of Klamath Environmental Law Center; Professor Helen Kang of the Golden Gate University School of Law, Environmental Law & Justice Clinic; Oakland-based environmental attorney Sharon Duggan; and Luke Cole of the Center On Race, Poverty and the Environment. Golden Gate University law students Jim Treggiari and Aaron Sandone contributed significantly to the action.
“It’s a step in the right direction,” said Elizabeth Eytchison of the community-based Citizens Pulp Mill Committee. “And we’ll keep an eye on Evergreen’s future performance.”