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PRESS RELEASE

Institute of Paper Science and Technology
500 10th Street, NW
Atlanta, Georgia 30318-5794
U.S.A.
404 894-9592


The Pulp and Paper Research Institute of Canada
570 Blvd St-Jean
Pointe-Claire, QC H9R 3J9
CANADA
514 630-4103


Premier North American Paper Institutes Sign Formal Agreement


Pointe-Claire, Quebec, and Atlanta, Georgia - January 8, 2001 - The two premier Institutes serving the North American pulp and paper industry have signed an agreement to explore collaborative efforts leading to the delivery of greater value to their member companies. The Institute of Paper Science and Technology [IPST] and the Pulp and Paper Research Institute of Canada [Paprican] have signed a Memorandum of Understanding committing the two institutions to investigate new ways to work together for the mutual benefit of the institutions and their respective constituents.

Dr. James L. Ferris, President of IPST, said, "These two institutions have been informally working together since the 1920s. Now, we have a formal agreement that allows us the latitude to find those areas where we can combine our forces to solve our industry's most significant problems or identify new economic opportunities." Dr. Joseph D. Wright, President and CEO of Paprican, said of this agreement, "With the consolidation in our industry, the global forces at play, and the absolute imperative to invest in technology as a key component of a successful business strategy, this agreement will open opportunities for each institute to serve its joint and individual members more effectively than ever." George Weyerhaeuser, Jr., who serves as Trustee for both Paprican and IPST and is past Chairman of the Board of Paprican said, "Both institutions have provided their respective member companies with education, research, information, and service support for over 70 years. With an increasingly common company membership base resulting from cross-border mergers in the pulp and paper industry, there are emerging opportunities to seek economic synergies and develop research partnerships that will benefit all members of IPST and Paprican."

The Memorandum of Understanding calls for creation of a high-level team to jointly explore potential opportunities. The team, sponsored by the presidents of the two organizations, has been asked to reach its conclusions by the end of April 2001.

IPST is an accredited graduate school formed by the U.S. paper industry in 1929 and currently serves over 50 member companies through four Centers: the IPST Graduate Education Center, the IPST/Georgia Tech Center for Paper Business and Industry Studies, the Major Research Programs Center, and the Haselton Library and Knowledge Center. It is located on the campus of the Georgia Institute of Technology in Atlanta, Georgia.

Paprican is a research and development organization serving the pulp and paper industry. Its main laboratories major pilot plants, and head office are in Pointe-Claire, Quebec, with a laboratory and pulping and screening pilot plants in Vancouver, BC. There is a technology transfer centre in Prince George, BC. A strong support system for its member companies is provided through a unique blend of research capability and mill knowledge and expertise. It has educational and post-graduate programs at McGill University, the University of British Columbia, and Ecole Polytechnique.

For more information contact:
David Bell, Director of Institute Development and Assessment, IPST or
Cyril Doucet, Vice-President, Administration, Paprican

 
     
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