BNET Industries

Market Cap:$16.9M
Last Fiscal Year Sales:$4.5B
- Public
- CA
Dow Jones Description
Newsprint & Uncoated Groundwood Papers Mfr
Senior Vice President
Alain GrandmontNumber of Employees 4,300
Peer Companies
NAICS Code Paper (except Newsprint) Mills: 322121
Recent Events
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AbitibiBowater needs to cut production costs, Quebec says
News & Analysis
Filter by
abitibi-consolidated inc. - All News and Analysis
Fitch Expects to Rate Abitibi-Consolidated Inc.'s New Debt 'CCC/RR1'; Outlook Negative
CHICAGO -- Fitch Ratings expects to assign a 'CCC/RR1' rating to Abitibi-Consolidated Inc.'s ACI new $400 million 364-day senior secured term loan term loan and new $413 million senior secured 13.75% notes due 2011 secured notes. ACI's new 15.5% senior unsecured notes due 2010 being issued as partial consideration for...
Noteholder Group Represented by Bracewell & Giuliani LLP and Goodmans LLP Forms to Discuss Exchange Offers and Consent Solicitations Relating to Debt Securities Issued by Abitibi-Consolidated Inc. or Its Subsidiaries
NEW YORK -- In connection with the current exchange offers and consent solicitations by Abitibi-Consolidated Inc. with respect to its 6.95% Senior Notes due 2008 (CUSIP No. 003924AA5), 5.25% Senior Notes due 2008 (CUSIP No. 003669AB4) and 7.875% Senior Notes due 2009 (CUSIP No. 003672AA0) (collectively, the "Subject Notes"), a...
Fitch Downgrades Abitibi-Consolidated Debt; Remains on Rating Watch Negative
CHICAGO -- Fitch Ratings has downgraded the debt of Abitibi-Consolidated Inc. (ACI; a subsidiary of AbitibiBowater Inc.) as follows: --Issuer Default Rating IDR to 'CC' from 'CCC'; --Senior unsecured debt to 'CC/RR4 from 'CCC/RR4'; --Secured revolver to 'CCC-/RR3' from 'CCC+/RR3'. The ratings remain on Rating Watch...
AbitibiBowater merger clears final hurdle.(AROUND THE NORTH)
Following an agreement between Abitibi-Consolidated Inc., Bowater Incorporated and the United States Department of Justice, the way has officially been cleared for the two companies to merge as AbitibiBowater Inc. The agreement requires the two companies to agree that the merged firm will...
Abitibi-Consolidated and Bowater Complete Combination to Form AbitibiBowater.
MONTREAL, Canada and GREENVILLE, South Carolina, October 29 /PRNewswire/ -- AbitibiBowater Inc. (NYSE: ABH, TSX: ABH) announces that it has completed its previously publicized merger of equals of Abitibi-Consolidated Inc. and Bowater Incorporated. With pro forma revenues of approximately US$8 billion in...
Recycling Partnership Launched Between Abitibi-Consolidated, the City of Houston & H-E-B
To: RETAILING EDITORSContact: Marx Layne & Co., +1-248-855-6777, for Abitibi- Consolidated HOUSTON, Oct. 9 /PRNewswire-FirstCall/ -- Abitibi-Consolidated, one of the largest recyclers of newspapers and magazines in North America, today announced a new public/private recycling partnership with the City of Houston and Texas-based grocer H-E-B to initially place 84 recycling...
Biomass-Energy Generator Begins Construction at Ontario Pulp & Paper Mill, an Industrial Info News Alert.
SUGAR LAND, TX, Sep 14, 2007 CCNMatthews via COMTEX -- Researched by Industrial Information Resources (Sugar Land, Texas) -- Two years after Industrial Info released a project report detailing plans by Abitibi-Consolidated Incorporated (NYSE:ABY) for a biomass-energy generator at its pulp and paper mill in Fort...
Xerox raises the bar for offset substitutes
UNCOATED MECHANICAL The North American offset substitute market gained a significant opportunity with the recent launch of an "environmentally friendly" mechanical fiber paper with "super" brightness for digital printing by the document management technology and services giant Xerox Corp. Xerox said it had overcome operational problems such as...
Abitibi-Consolidated and Bowater Announce Shareholder Vote for Proposed Combination.
M2 PRESSWIRE-15 June 2007-News Flash: Abitibi-Consolidated and Bowater Announce Shareholder Vote for Proposed CombinationC1994-2007 M2 COMMUNICATIONS LTD RDATE:15062007 Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the ...
Abitibi-Consolidated Inc. Seeing Drop in Demand for Newsprint.
M2 PRESSWIRE-7 June 2007-MarketMinute: Abitibi-Consolidated Inc. Seeing Drop in Demand for NewsprintC1994-2007 M2 COMMUNICATIONS LTD RDATE:07062007 InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do you have a...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Alain Grandmont | Senior Vice President |
| Bruno Tremblay | Senior Vice President |
| Colin Keeler | Senior Vice President, North American Newsprint Sales |
| Louis-Marie Bouchard | Senior Vice President |
| Paul Planet | Senior Vice President, Intl Newsprint |
| Thor Thorsteinson | Senior Vice President |
| Allen Dea | Vice President, Treasurer |
| Andre Boudreault | Vice President, Woodlands Operations & Fiber Supply |
| Barry Warren | Vice President, Sales Services |
| Blake Maher | Vice President, IT |
| Breen Blaine | Vice President & General Manager, Directory & Glossy Business |
| Carlos De Cordoba | Vice President |
| Charlie Delvecchio | Vice President, Value, Added Paper Sales |
| Darryl Wharton | Vice President & General Manager, Newsprint Sales, Southern Reg |
| Dave Keenan | Vice President, Newsprint Technology Services |
| Eric Ophoff | Vice President, Value, Added Sales, Retail & Catalog |
| Francesco Alessi | Vice President, Ir & Taxation |
| Francine Dorion | Vice President, Sustainability & Environ |
| Gord Cole | Vice President, Newsprint |
| Gord Oldford | Vice President, Newsprint, Intl Operations |
| Grant Schneider | Vice President, Sales & Commerce Solutions |
| Inger Heinke | Vice President, Commercial Printers Sales |
| Jim Gartshore | Vice President, Engineering & Energy |
| Jocelyn Pepin | Controller & Vice President |
| Jon Melkerson | Vice President & General Manager, Newsprint Sales, Northern Reg |
| Louis Veronneau | Vice President, Strategy & Corp Development |
| Luc Ranger | Vice President & General Manager, Hi, Brite Business |
| Michel Girard | Vice President, Newsprint, North American Operations |
| Michel Maille | Vice President, Value, Added Paper Operations |
| Ray Rosebush | Vice President & General Manager, Newsprint Sales, Canada |
| Seth Kursman | Vice President, Communications & Govt Affairs |
| Viateur Camire | Vice President, HR |
| Rob Hilbrink | Managing Director, European Sales |
| Denise Leclerc | Director, Public Affairs |
| Lise Lachapelle | Corporate Director |
| Debbie Johnston | Regional Manager |
| Denis Leclere | Manager, Public Relations |
| Lorne Gorber | Manager, Investor Relations |
| Bruce Magnuson | Accounting Executive |
| Sylvie Robitaille | Assistant Secretary |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| David A. Galloway | Board of Directors |
| David A. Ward | Board of Directors |
| Gary J. Lukassen | Board of Directors |
| Hans Black | Board of Directors |
| John A. Tory | Board of Directors |
| John Q. Anderson | Board of Directors |
| John W. Weaver | Board of Directors |
| Marlene Davidge | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Senior Vice President, North American Newsprint Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Senior Vice President, Intl Newsprint | Current |
| Organization | Position | Status |
|---|---|---|
| Donohue Malbaie, Inc. | President & CEO | Current |
| Abitibi-Consolidated, Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President, Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President, Woodlands Operations & Fiber Supply | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President, Sales Services | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President, IT | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President & General Manager, Directory & Glossy Business | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President, Value, Added Paper Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President & General Manager, Newsprint Sales, Southern Reg | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President, Newsprint Technology Services | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President, Value, Added Sales, Retail & Catalog | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President, Ir & Taxation | Current |
| Abitibi-Consolidated, Inc. | Directeur Principal, Relations Avec Les Investisse | Former |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President, Sustainability & Environ | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President, Newsprint | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President, Newsprint, Intl Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President, Sales & Commerce Solutions | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President, Commercial Printers Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President, Engineering & Energy | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Controller & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibibowater Inc. | Senior Vice President, Business and Corporate Development | Current |
| Abitibi-Consolidated, Inc. | Vice President & General Manager, Newsprint Sales, Northern Reg | Current |
| Abitibi-Consolidated, Inc. | General Manager | Former |
| Northwestern University | MBA | Former |
| Indiana University | B.Sc. In Business Science | Former |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President, Strategy & Corp Development | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President & General Manager, Hi, Brite Business | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President, Newsprint, North American Operations | Current |
| Abitibi-Consolidated Inc. - Port Alfred Division | Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President, Value, Added Paper Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President & General Manager, Newsprint Sales, Canada | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President, Communications & Govt Affairs | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Vice President, HR | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Managing Director, European Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Director, Public Affairs | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibibowater Inc. | President and Chief Executive Officer of the Canadian Pulp and Paper | Current |
| Abitibi-Consolidated, Inc. | Corporate Director | Current |
| Innergex Management Inc | Chair | Current |
| Thunder Bay Terminals | Director | Current |
| Export Development Canada | Director | Current |
| Financial Services Corp. | Board of Directors | Current |
| Russel Metals Inc. | Board of Directors | Current |
| Abitibibowater Inc. | Board of Directors | Current |
| Industrial Alliance Insurance | Board of Directors | Current |
| BNP Paribas SA | Board of Directors | Current |
| Abitibi-Consolidated, Inc. | Board of Directors | Current |
| BNP Paribas SA | Member | Current |
| Russel Metals Inc. | Member | Current |
| Strategico | President | Former |
| Strategico | Consultant | Former |
| Abitibi-Consolidated, Inc. | Consultant | Former |
| University of Montreal | Bachelor's Degree In Business Administration | Former |
| The University of Western Ontario | Former | |
| Harvard Business School | Former |
Debbie Johnston has served on the KTB Board of Directors since 1996. She currently chairs the Leadership Committee and serves on the Executive Committee and, over the past 10 years, has held positions in numerous other committees including Communications and Fund Development. Mrs. Johnston is the Regional Manager of Marketing and Public Affairs for Abitibi-Consolidated. She has worked for the company for 16 years, supporting many divisions of the company's operations, from paper and wood products manufacturing operations, to forestry and recycling. She currently provides communications and government affairs support to five of the company's recycling centers across Texas. Mrs. Johnston is a member of the Texas Forest Industries Council and serves on the board of the Texas Association of Business.
| Organization | Position | Status |
|---|---|---|
| Keep Texas Beautiful, Inc. | Keep Texas Beautiful President | Current |
| Abitibi-Consolidated, Inc. | Regional Manager | Current |
| Keep Texas Beautiful, Inc. | Board of Directors | Current |
| Texas Association of Business | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Manager, Public Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Manager, Investor Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Accounting Executive | Current |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Assistant Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Mosaic Venture Partners | Key Advisor | Current |
| First National Bancorp Inc. | Current | |
| Bank of Montreal | Chairman | Current |
| Hudson's Bay Company | Board of Directors | Current |
| Toromont Industries Ltd. | Board of Directors | Current |
| Abitibi-Consolidated, Inc. | Board of Directors | Current |
| Fortress Bank of Westby | Board of Directors | Current |
| Fortress Bank Cresco | Board of Directors | Current |
| Bank of Montreal | Director | Current |
| Harlequin Inc | Chief Executive Officer | Former |
| Harlequin Inc | President | Former |
| Torstar Corporation | President | Former |
| Torstar Corporation | CEO | Former |
| University of Toronto | Chairman Delegate Connaught Committee | Former |
| Torstar Corporation | Director | Former |
| Harvard Business School | M.B.A. | Former |
| University of Toronto | B.A. (Hons.) in political science and economics | Former |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Board of Directors | Current |
| Queen's University | Bachelor of Commerce degree | Former |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Board of Directors | Current |
Dr. Black is a native of Europe and received his Bachelor of Science degree, magna cum laude, from Union College in New York, where he was elected a Phi Beta Kappa scholar. He studied law in France and subsequently graduated from McGill University in Montreal with a Doctorate in Medicine. In the mid 1970's, Dr. Black organized Interinvest in Montreal as a global money management firm affiliated with his family's investment business in Zurich. Today, Interinvest manages accounts for private and institutional clients who are serviced through offices in Boston and Montreal, and its affiliate offices in London and Zurich. Dr. Black has been widely quoted, appearing in publications such as Barron's, The International Herald Tribune, The Financial Times, Euromoney and The Wall Street Transcript. In addition, he appears frequently as a special guest on the PBS network show The Nightly Business Report. Dr. Black has been asked to address numerous groups of professional and private investors around the U.S. and Canada, including the National Association of Business Economists. He has also been a guest lecturer at both Harvard and McGill universities. Dr. Black is a member of the boards of AbitibiBowater Inc., Wi2Wi Inc., Amorfix Life Sciences Ltd., RPMH Global Macro Funds Ltd.and of la Fondation Institut de Cardiologie de Montreal. He is also a member of the Advisory Council of The Paul H. Nitze School of Advanced International Studies of Johns Hopkins University, and a member of the Board of Trustees of the Washington National Opera. In addition, Dr. Black serves as chairman of the board of the Quebec-based food company, Les Aliments SoYummi Inc.
| Organization | Position | Status |
|---|---|---|
| Interinvest Corporation Inc | CEO | Current |
| Interinvest Corporation Inc | Founder | Current |
| Washington National Opera | Current | |
| Interinvest Corporation Inc | Chairman | Current |
| WI2WI, Inc. | Board of Directors | Current |
| Nymox Pharmaceutical Corporation | Board of Directors | Current |
| Montreal Heart Institute Foundation | Board of Directors | Current |
| Amorfix Life Sciences Ltd | Board of Directors | Current |
| Governance, Inc. | Board of Directors | Current |
| Abitibibowater Inc. | Board of Directors | Current |
| Abitibi-Consolidated, Inc. | Board of Directors | Current |
| Msfa | Member | Current |
| Abitibibowater Inc. | Member | Current |
| Interinvest Corporation Inc | Chief Investment Strategist | Former |
| McGill University | Doctorate In Medicine | Former |
| Union College | Bachelor of Science Degree | Former |
Mr. Tory is a member of the Human Resources Committee and has been a director since 1978. Mr. Tory was Deputy Chairman of Thomson from 1978 to 1997 and President of Woodbridge from 1973 to 1998. Mr. Tory is also a director of Rogers Communications Inc.
| Organization | Position | Status |
|---|---|---|
| Thomson Reuters plc | Board of Directors | Current |
| Thomson Reuters Corporation | Board of Directors | Current |
| Abitibi-Consolidated, Inc. | Board of Directors | Current |
| Rogers Communications, Inc. | Board of Directors | Current |
| The Thomson Corporation | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Abitibi-Consolidated, Inc. | Board of Directors | Current |
Ancien president executif du conseil d'administration d'AbitibiBowater. M. Weaver a occupe divers postes de haute direction lies a l'exploitation et aux ventes avant sa nomination comme president et chef de la direction d'Abitibi-Consolidated en 1999. Il possede plus de 30 annees d'experience dans l'industrie des produits forestiers. M. Weaver est membre du conseil d'administration d'AbitibiBowater, president du conseil de l'Association des produits forestiers du Canada (APFC) et de FPInnovations et il est administrateur du U.S. Endowment for Forestry and Communities.
| Organization | Position | Status |
|---|---|---|
| Abitibibowater Inc. | Chief Executive Officer | Current |
| Abitibibowater Inc. | President | Current |
| Bowater Incorporated | President | Current |
| Abitibibowater Inc. | Board of Directors | Current |
| Bowater Incorporated | Board of Directors | Current |
| Communities | Director | Current |
| The Forestry Corp. | Director | Current |
| Abitibi-Consolidated, Inc. | Board of Directors | Current |
| Abitibi-Consolidated, Inc. | CEO | Former |
| Abitibi-Consolidated, Inc. | President | Former |
| Abitibibowater Inc. | Executive. Chrmn, Chrmn of Bod | Former |
| Donohue Malbaie, Inc. | Chairman | Former |
| Fp Innovations Limited | Chair | Former |
| Abitibibowater Inc. | Executive Chairman | Former |
Mrs. Davidge is a Partner in the law firm Torys LLP. She obtained a bachelors degree from University of Toronto. After obtaining her law degree from Osgoode Hall Law School, she joined Torys LLP where she continues her practice today as a partner of the firm and a leading lawyer in mergers and acquisitions, corporate finance and investment funds. She has been a member of her firm's Executive Committee and is currently a member of the Advisory Committee of University College, University of Toronto.
| Organization | Position | Status |
|---|---|---|
| Torys LLP | Partner | Current |
| Abitibibowater Inc. | Director of Abitibi, Consolidated Inc. | Current |
| University College | Current | |
| Shell Canada Limited | Board of Directors | Current |
| Abitibi-Consolidated, Inc. | Board of Directors | Current |
| Toromont Industries Ltd. | Board of Directors | Current |
| Torstar Corporation | CEO | Former |
| Torstar Corporation | President | Former |
| Osgoode Hall Law School | Partner of the Firm | Former |
| Osgoode Hall Law School | Lawyer | Former |
| Osgoode Hall Law School | Law Degree | Former |
| University of Toronto | Bachelors Degree | Former |
Executive News
-
The most influential people in business >
| Volume | 0 |
| Shares Outstanding | 2.7M |
| Market Cap | 16.9M |
| Year High | 10.50 |
| Year Low | 6.11 |
| Earnings Per Share | 0.00 |
| P/E Ratio | N/A |
| Dividend | 0.00 |
| Yield | 0.00 |
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