AbitibiBowater Inc. · Montreal, PQ Canada ·(Pink Sheets: ABWTQ)
Company Description
Phone: +1-514-875-2160
Fax: +1-864-2829482
Rankings
- #379 in FORTUNE 500
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What does it take to be AbitibiBowater? It takes the combination of two of the world's largest newsprint makers -- Abitibi-Consolidated and Bowater -- into one. The merger created an industry behemoth that produces millions of tons of newsprint, commercial printing paper, and pulp. The company relies on more than 25 pulp and paper mills and 30 wood products facilities in Canada, South Korea, the UK, and the US to distribute its products to customers in about 90 countries; it is one of the world's largest recyclers of newspapers and magazines. AbitibiBowater manages or owns about 55 million acres of forestland in North America. In April 2009 the company filed for bankruptcy protection in the US and Canada. To read the full description, subscribe now.
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Key AbitibiBowater Inc. Financials
| Company Type | Public - Pink Sheets: ABWTQ Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $6,771.0 |
| 2008 Employees | 15,900 |
AbitibiBowater Inc. Executives
38 executives listed for AbitibiBowater Inc.'s Montreal, PQ location.
| Title | Name & Bio | Contact |
| Chairman | Richard Evans | Network |
| President, CEO, and Director | David Paterson | Network |
| EVP Operations and Sales | Pierre Rougeau | Network |
Competition
Competitive Landscape for AbitibiBowater Inc.
Timber is harvested to make paper or wood products (mainly lumber and plywood). Residential construction and repair/remodeling account for nearly 70 percent of all lumber used in the US. Demand for paper is driven partly by the general health of the economy, which influences demand for office papers, cardboard boxes, newspapers, magazines, and tissue papers. Large logging companies can have a cost advantage over smaller ones through the use of more efficient (and more expensive) machinery, but logging is a very local activity, often without significant economies of scale. To read the full description, subscribe now.Top AbitibiBowater Inc. Competitors
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