DS Smith Plc, the international packaging and office products wholesaling company, announces its results for the year ended 30 April 2010.

Highlights
• Robust performance in challenging markets
• Revenue £2,070.6 million (£2008/09: £ 2,106.6 million)
• Adjusted EBITDA up 1.3% to £166.0 million
• Adjusted earnings per share up 2.4% to 12.9 pence
• Strong cash flow generation drives net debt down £52.0 million to £239.5 million
• Full year dividend increased by 4.5% to 4.6 pence per share
• Successful implementation of 2008/09 cost reduction plan
• The Group has continued to build its market position in corrugated packaging for the fast-moving consumer goods sector across Europe
• Review of strategy and business operations launched by new Group Chief Executive

Commenting on the results, Chairman, Peter Johnson said: “In 2009/10 we improved earnings and delivered strong cash flow, gaining share in all our main packaging markets. This robust performance sets a good platform from which we will develop and grow the Group. I am delighted to welcome Miles Roberts to the Group as our new Chief Executive. His skills and experience are ideally suited to taking advantage of the opportunities we see and I look forward to working with him.”

Miles Roberts, Group Chief Executive said: “Since joining DS Smith in May 2010, I have visited many parts of the Group and its customers. This has confirmed my view that there is significant potential within DS Smith. Our objective is to create a growing business that is more focused, producing higher margins and returns with less cyclicality. The plan to achieve this objective will be completed over the coming months. Trading in the current financial year has started well and is in line with our expectations. We are experiencing increasing sales volumes due to the continuing recovery in market conditions. We are also benefiting from the success of our service and product offering.”

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Metso’s Fabrics business line has concluded employee negotiations concerning all personnel groups in their Finnish units. The negotiations were started on May 12 and concluded on June 23, 2010. The negotiations were conducted at Metso Fabrics Inc. (former Tamfelt Corp.) and Tamfelt PMC Corp. The negotiations did not apply to office staff and shop floor workers in the production departments.

In the negotiation proposal given in May 2010 the estimated need for personnel reduction was maximum 30 people. In the negotiations, the number of lay-offs was determined at 18. All those to be laid off are office staff. 10 of them will enter a retirement process. One person will start part-time work. In the negotiations it was also decided that there is no need for temporary lay-offs within the personnel groups included in these negotiations.

With the reductions the Fabrics business line’s operations are adjusted to the market situation, which continues to be challenging. In addition to personnel reductions, the efficiency of operations and overall cost efficiency will be improved also through other measures, in order to secure future competitiveness and needed preconditions for operations.

Fabrics business line is part of Metso’s Paper and Fiber Technology segment and it employs about 900 people in Finland.

Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 27,000 employees in more than 50 countries. www.metso.com

For more information, please contact:
Reima Kerttula, President, Fabrics business line, Metso, tel. +358 400 648 458
Tuire Leimu, Vice President, Human Resources, Fabrics business line, Metso, tel. +358 40 516 7124

Metso Foundries Jyväskylä, Inc. will begin personnel negotiations on temporary lay-offs and personnel reductions in Jyväskylä, Finland. The measures will affect the entire personnel, a total of about 240 employees in all personnel groups. The maximum personnel reduction need is estimated to be 110 person-workyears.

The negotiations will be concluded in August 2010, and the effects on the personnel are estimated to be realized by March 2011. The lay-off and reduction needs are related to the goal of agreeing on ways to adjust to the weakened global market situation for deliveries mainly outside Metso. To ensure profitable business in the future, capacity must be aligned with market demand.

Metso Foundries Jyväskylä produces hand-molded castings for Metso and outside customers.

Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 27,000 employees in more than 50 countries. www.metso.com

Further information for the press, please contact:
Pasi Mäkinen, President, Metso Foundries Jyväskylä, Inc., tel. +358 20 482 6736
Jaakko Puurula, Vice President, Human Resources, Paper and Fiber Technology, Metso, tel. +358 20 482 5500

Metso Corporation’s press release on June 22, 2010 at 10:45 a.m. local time
Jussi Ollila, M.Sc. (Pol), has been appointed Senior Vice President, Communications for the Metso Group. He will start in his new position on or about September 1, 2010. Jussi will report to Jorma Eloranta, President and CEO.

Jussi will join Metso from SRV Group, a construction company, where he has worked as SVP, Communications & Marketing.

Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 27,000 employees in more than 50 countries. www.metso.com

Further information, please contact:
Jorma Eloranta, President and CEO, Metso Corporation, tel. +358 204 84 3000

PEFC is organizing a webinar to discuss and elaborate on the enquiry draft of an Appendix to the revised PEFC Chain of Custody standard (revision still ongoing), defining Social Requirements within the PEFC Chain of Custody. The webinar will take place on Wedenesday, 7th July 2010, 4 PM (Central European Summer Time).

"Social issues have long been an integral part of forest certification, which verifies that forest management satisfies the environmental, social and economic aspects of sustainable development," said Ben Gunneberg, PEFC Secretary General. "Yet Chain of Custody certification has so far been limited to tracking certified material through the production process, from the forest to the consumer."

The proposal to expand the scope of Chain of Custody certification and include social, health and safety requirements is one of the outcomes of the 2009 global public consultation on the enquiry draft of the revised Chain of Custody standard.

The requirements would oblige PEFC-certified organizations to demonstrate that they:

• ensure workers' freedom of associations and rights for collective bargaining
• prohibit the use of forced labour covering the organization
• ensure minimum age for workers
• ensure equal employment that covers recruitment, promotion, division of work and dismissal, and
• ensure occupational health and safety, including its documentation and reporting.

Stakeholders globally are invited to provide comments and feedback on the draft requirements . If the requirements are approved following this consultation and the integration of the input received, PEFC would become the first global system to demand compliance with key requirements of the fundamental ILO conventions along the whole supply chain.

The Enquiry Draft of the Appendix definig Social Requirements within the PEFC Chain of Custody are available for global public consultation online until 23rd July 2010. Access online

Clearwater Paper Corporation has announced that it will host its second quarter 2010 financial results conference call on Thursday, July 29, 2010, at 8 a.m. Pacific Time (11 a.m. Eastern Time). The company will issue its financial results before the market opens the same day.

Investors may access the conference call by dialing 001 877-879-6207 (for US/Canada investors) or 001 719-325-4791 (for international investors). The audio Web cast may be accessed on the company's Web site at http://ir.clearwaterpaper.com/events.cfm.

An accompanying presentation will be available for downloading from http://ir.clearwaterpaper.com/events.cfm before the market opens. The Web cast will be audio only. Investors are recommended to download the accompanying presentation prior to the call.

For those unable to participate in the call, an archived recording will be available through Clearwater Paper's Web site at www.clearwaterpaper.com under "Investor Relations" following the conference call.

ABOUT CLEARWATER PAPER

Clearwater Paper manufactures quality consumer tissue, bleached paperboard and wood products at six facilities across the country. The company is a premier supplier of private label tissue to major retail grocery chains, and also produces bleached paperboard used by quality-conscious printers and packaging converters. Clearwater Paper's 2,500 employees build shareholder value by developing strong customer partnerships through quality and service.

For additional information on Clearwater Paper, please visit our Web site at www.clearwaterpaper.com.

SOURCE: Clearwater Paper Corporation

Clearwater Paper Corporation
News media:
Matt Van Vleet, 001 509-344-5912
or
CFO:
Linda Massman,  001 509-344-5905
or
Investors:
IR Sense
Sean Butson, 001 509-344-5906

Verso Paper Corp. (NYSE: VRS) announced today the launch of a $43 million Renewable Energy Project, which will position its mill in Quinnesec, Michigan to meet more than 95% of its energy needs using renewable biomass sources.

"The implementation of the Quinnesec Renewable Energy Project is in alignment with Verso's three-pronged energy strategy, which is to reduce overall energy consumption, generate more green energy from renewable biomass and reduce our carbon footprint, all while reducing costs," said Mike Jackson, Verso's President and Chief Executive Officer.

"Expanding the capacity to generate electricity from biomass is one of the ways in which the State of Michigan is increasing our leadership in clean energy technology," said Governor Jennifer Granholm. "Clean energy projects supported by the state are leading America's drive to energy independence with bold initiatives to develop energy technologies and new fuels from renewable resources."

"Verso is fortunate to have active partners in the Michigan Governor's Office, the Michigan Economic Development Corporation, Dickinson County and Breitung Township, who are working diligently to help make our Renewable Energy Project a reality," said Mike Sussman, Quinnesec Mill Manager. A direct result of the state-wide partnership is the designation of a Forest Products Processing Renaissance Zone, which allows a company within the zone to operate free of virtually all state and local taxes over the life of the designation.

The Project scope includes design upgrades to the Quinnesec Mill's existing combination boiler, which burns biomass from waste wood sources, the addition of a new biomass handling system, and the installation of a new turbine generator supplied by Siemens. Verso is partnering with AMEC Engineering to begin detailed design for the Project, which is estimated to start up by December 2011.

In celebration of the Project kickoff, Verso is hosting a ribbon-cutting ceremony on June 28, where key stakeholders involved in project planning and execution will be invited to tour the site.

About Verso

Based in Memphis, Tennessee, Verso Paper Corp. is a leading North American producer of coated papers, including coated groundwood and coated freesheet, and supercalendered and specialty products. Verso's paper products are used primarily in media and marketing applications, including magazines, catalogs and commercial printing applications such as high-end advertising brochures, annual reports and direct-mail advertising. Additional information about Verso is available on the company's web site at www.versopaper.com. References to "Verso" or the "company" mean Verso Paper Corp. and its consolidated subsidiaries unless otherwise expressly noted.

Forward-Looking Statements

In this press release, all statements that are not purely historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements may be identified by the words "believe," "expect," "anticipate," "project," "plan," "estimate," "intend" and similar expressions. Specifically, all statements herein relating to Verso's future compliance with the NYSE's continued listing standards, future operating and financial performance, and future share price and market capitalization are forward-looking statements. Forward-looking statements are based on currently available business, economic, financial and other information and reflect management's current beliefs, expectations and views with respect to future developments and their potential effects on Verso. Actual results could vary materially depending on risks and uncertainties that may affect Verso and its business. For a discussion of such risks and uncertainties, please refer to Verso's filings with the Securities and Exchange Commission. Verso assumes no obligation to update any forward-looking statement made in this press release to reflect subsequent events or circumstances or actual outcomes.

SOURCE: Verso Paper Corp.

Verso Paper Corp.
Robert P. Mundy
Senior Vice President and
Chief Financial Officer
001 901-369-4128      
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www.versopaper.com

BASF and U.S. research institute RTI International, Research Triangle Park, North Carolina/USA, are joining forces to develop a new, exceptionally cost-effective technology to capture carbon dioxide (CO₂) from waste gases emitted by coal-fired power plants and other industrial sources. The development project is sponsored by a two million dollar cooperative agreement from the U.S. Department of Energy (DOE). The award is part of the DOE’s stimulus-funded initiative focusing on energy-related research projects.

Efficient solvents are essential for the CO₂-capture. The two partners will work on novel non-aqueous solvent systems that can be recycled. The capture process could use 40 percent less energy than conventional amine-based processes. Coal-fired power plants produce 50 percent of the electricity generated in the United States and contribute about 36 percent of all the carbon dioxide emissions in that region or 1.4 billion tons of carbon dioxide annually.

“This new process for capturing carbon dioxide would keep the United States at the forefront of advanced energy and greenhouse gas control technologies,” said Dave Myers, vice president of the Engineering and Technology Unit at RTI. “Working with BASF, a global leader for gas treatment technologies, will also provide a path for rapid commercialization of the technology so that we can have cost-competitive clean energy production from coal-fired power plants.”

“Coupling RTI’s engineering and research capabilities with BASF’s gas treatment's technical and commercial know-how, will provide the right  synergies to develop a highly effective new technology for the industrial carbon capture”, said Todd Spengemann, Business Manager, Americas Gas Treatment Solutions within BASF’s intermediates division.

BASF is one of the world’s most successful suppliers of gas treatment technology. Around the globe, some 200 ammonia, natural gas, syngas and liquefied petroleum gas facilities use BASF processes and products for gas sweetening, i.e. to remove acid gases like hydrogen sulfide (H₂S) and CO₂. The company sells these technologies under the aMDEA^® brand, which is short for “activated methyldiethanolamine.” BASF has been cooperating with RWE Power and Linde since 2007 to develop a process for capturing CO₂ from flue gases emitted by coal-fired power plants.

About RTI International

RTI International is one of the world's leading research institutes, dedicated to improving the human condition by turning knowledge into practice. With a staff of more than 2,800, RTI provides research and technical expertise to governments and businesses in more than 40 countries in the areas of health and pharmaceuticals, education and training, surveys and statistics, advanced technology, international development, economic and social policy, energy and the environment, and laboratory and chemistry services.

Metso is supplying two complete tissue production lines to Shanghai Orient Champion Paper Co., Ltd., located in Shanghai, China. The first line is scheduled to start up in the second quarter of 2011; the second in the fourth quarter of 2011.

The equipment consists of two complete tissue production lines, featuring two tissue machines with stock preparation systems and auxiliaries. Each of the machines will be equipped with a headbox, a Yankee cylinder, hood, a dust management system for enhanced working environment and a reel. The stock preparation systems will consist of pulpers, conical refiners and deflakers and machine screens. Both machines will be delivered with a comprehensive Metso automation package that includes  machine, process and integrated drive controls, as well as a  quality control system and a steam box for energy saving and moisture profile control.

Both production lines will be installed at Shanghai Orient Champion Paper’s paper mill in Jinshan near Shanghai. After both lines are installed, capacity at the mill will double from 70,000 to 140,000 metric tons per year.

Shanghai Orient Champion Paper, part of the CIMIC Group, currently operates the Jinshan mill with six smaller tissue machines and converting lines.

Södra has entered into an agreement on timber transportation with transport company VSV Frakt AB. This will make VSV a significant supplier of transportation services within Södra's Region East.

This agreement takes the form of a strategic partnership, which means - among other things - that the scope of transportation will be given the opportunity to grow over time. Operations will commence within Södra's Linköping Business Area in August 2010.

Södra expects to have a turnover of around SEK 650 million this year from transportation of round timber. This transportation will be carried out both by the company's own haulage firm, as well as in coop with external suppliers, which will be providing the lion's share of the transportation.

VSV specialises in the shipping of forest raw materials. The company's head office is in Karlstad, and last year it had a turnover of SEK 795 million.

For further information, please contact:
Olle Ankarling, Purchasing Manager for Transport, +46 (0) 470 89 312
Per Braconier, Director of Communications, +46 (0) 70 534 51 66