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BOISE CASCADE REACTS TO PROPOSED EPA RULES

 BOISE, Idaho, Nov. 2 /PRNewswire/ -- Boise Cascade Corp. (NYSE: BCC) today reacted to the Environmental Protection Agency's (EPA) newly proposed air and water quality regulations for U.S. pulp and paper mills, describing the so-called "cluster" rules as the equivalent of swatting a fly with a sledgehammer.
 "If enacted as proposed, EPA's suggested rules would require U.S. pulp and paper companies to spend much more money than is necessary to fully protect the environment," said John B. Fery, Boise Cascade's chairman of the board and chief executive officer. "We believe we can continue our trend of making meaningful environmental improvements for far less money than EPA's approach would require.
 "Based on a preliminary review, it appears that Boise Cascade would have to spend several hundred million dollars over the next four to five years to comply with the regulations as proposed. We've been spending $50 million to $100 million each year for the last several years to achieve meaningful environmental improvements in many of the same areas covered by EPA's proposals. EPA's approach could require us to continue spending at those or higher levels."
 The draft cluster rules announced by EPA yesterday are only initial proposals, not final rules. Last month, the industry proposed to EPA a much more cost-effective method of achieving virtually the same environmental improvements contained in EPA's proposed rules. It could be as much as another two years, involving considerable discussion among affected parties, before the cluster rules take final form and another three years after that before they would take effect. Boise Cascade said that it would be impossible to realistically estimate the impact in more detail at this stage in the rule-making process.
 Boise Cascade Corp. is an integrated forest products company headquartered in Boise, with operations located in the United States and Canada. The company manufactures and distributes paper and paper products, office products, and building products and owns and manages timberland to support these operations.
 -0- 11/2/93
 /CONTACT: Andrew Drysdale of Boise Cascade, 208-384-7992 (work), or 208-344-2206 (after hours)/
 (BCC)


CO: Boise Cascade Corp.; Environmental Protection Agency ST: Idaho IN: PAP SU:

RB-IC -- SE011 -- 9732 11/02/93 14:49 EST
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Publication:PR Newswire
Date:Nov 2, 1993
Words:362
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