Georgia-Pacific Corp. and
Caraustar Industries Inc. jointly announced a tentative settlement today in the
legal dispute over terms of a paper supply agreement. Caraustar and G-P Gypsum
signed a new 10-year agreement under which Caraustar will produce and sell to
G-P Gypsum between 1.89 and 3.78 billion square feet of paper per year to be
used in G-P Gypsum's new ToughRock wallboard.
Upon satisfactory completion
of an initial transition period, the new agreement will become effective and
the companies will dismiss all pending litigation. This is expected to take
place in the next 90 days.
Explore the May 2001 Issue
Check out more from this issue and find your next story to read.
Latest from Recycling Today
- Magnomer joins Canada Plastics Pact
- Electra names new CFO
- WM of Pennsylvania awarded RNG vehicle funding
- Nucor receives West Virginia funding assist
- Ferrous market ends 2024 in familiar rut
- Aqua Metals secures $1.5M loan, reports operational strides
- AF&PA urges veto of NY bill
- Aluminum Association includes recycling among 2025 policy priorities