Jul 26, 2007. /Lesprom Network/. Buckeye Technologies Inc. announced on July 25, 2007 that it expects its profitability for the April-June quarter to be in the range of $0.34-0.36 per share compared to $0.03 per share in the same quarter of the previous year. Chairman and chief executive officer, John B. Crowe said, "Our fourth quarter net sales were up 3.5% compared to a good period last year. Demand for our specialty wood and cotton products, nonwoven materials and fluff pulp were all strong in the quarter. The majority of the earnings improvement is due to a combination of higher prices, better mix and cost reductions. The quarter also benefited from income associated with a water conservation partnership ($0.03 per share) and adjustments to our tax valuation allowance relating to state income taxes ($0.06 per share)." Buckeye, a leading manufacturer and marketer of specialty fibers and nonwoven materials, is headquartered in Memphis, Tennessee, USA. The company currently operates facilities in the United States, Germany, Canada, and Brazil. Its products are sold worldwide to makers of consumer and industrial goods.