http://origin-www.bloomberg.com/apps/news?pid=conewsstory&tkr=ENUR:GR&sid=ari8iRy9ZGYg
Norske
Skogindustrier ASA, the Norwegian papermaker that hasn’t made a profit in
eight years, is betting on an expansion in coated paper used for catalogues and
inserts to counter a slump in newsprint and magazine demand.
The company is converting one of its paper
machines at the Boyer mill in Australia to coated paper and is also investing
to expand the product range at its Saugbrugs mill in Norway in a move that
could see coated paper account for as much as 25 percent of sales in the
future, Norske Skog Chief Executive Officer Sven
Ombudstvedt said in a phone interview on March 22.
