Canadian company Catalyst Paper Corp. is selling its US operations, including a pair of paper mills in Maine and Wisconsin, to a Chinese company Nine Dragons Paper. Nine Dragons Paper is paying US$175 million for the mills and an operations centre in Dayton, Ohio. There are no plans for lay-offs at the mills, which employ about 610 workers in Rumford, Maine, and 380 workers in Biron, Wisconsin, a spokeswoman said.
A study published in the journal Science, led by Holly Gibbs of the University of Wisconsin-Madison, found that the moratorium on forest conversion established by Brazilian soy giants in 2006 dramatically reduce deforestation for soy expansion in the Amazon, and have been more effective in cutting forest destruction than the government's land use policy in the region. The study is based on spatial analysis across thousands of farm in the Brazilian Amazon and cerrado, a woody grassland, and researchers compared forest loss before and after the moratorium was established.