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American Tissue moving on new acquisitions.

PIMA's North American Papermaker

| June 01, 2001 | COPYRIGHT 1997 Paper Industry Management Association. (Hide copyright information)Copyright

American Tissue Inc., Hauppauge, N.Y, has reached agreement to buy the deinked pulp mill assets of bankrupt Ponderosa Fibres of America, and the company is working on a deal in Kalamazoo, Mich., that involves the closed paper mills of Georgia-Pacific Corp. and Crown Vantage.

The Ponderosa mills, which can produce 190,000 mtpy of bleached recycled-fiber pulp, are close to ATI's largest tissue mills in Memphis and Neenah, Wis., which "will enable us to better control quality and cellulose raw material pricing," says Mehdi Gabayzadeh, president/CEO. ATI's affiliated groups of tissue companies are net users of over one million tons annually of secondary fiber. The …

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