Norske Skog reviews Australasian newsprint capacityFriday 11 May 2012 Norske Skog is looking to possibly reduce its newsprint production capacity in the Australasian region due to weak demand, said the company’s chief, reported EUWID-Paper on 7 May. The Oslo, Norway-based papermaker also might sell more non-core assets; although there are not many non-core assets left after the company’s extensive restructuring, divestitures and closures, said Norske Skog CEO Sven Ombudstvedt. Norske Skog will continue to evaluate the situation and a decision could be made by the end of this year, Ombudstvedt said during the release of the company’s first-quarter results. Source: EUWID-Paper
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