Possible sale of Norske Skog Parenco mill

Nov 07, 2011. /Lesprom Network/. Norske Skog has reached a stage in negotiations with a potential buyer of the Norske Skog Parenco mill and the recovered paper business of Reparco Group in the Netherlands; whereby, Norske Skog has filed a request with Parenco's and Reparco's work councils for their advice on a proposed sales transaction, as the company said in a press release received by Lesprom Network. If an agreement with the potential buyer is reached, the mill will be converted out of publication paper after 2012. Norske Skog will provide more information when a transaction is presented to and approved by all the relevant governing bodies of the two parties.