Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Buckeye Announces Product Surcharges.


MEMPHIS Memphis, city, ancient Egypt
Memphis (mĕm`fĭs), ancient city of Egypt, capital of the Old Kingdom (c.3100–c.2258 B.C.), at the apex of the Nile delta and 12 mi (18 km) from Cairo.
, Tenn. -- Buckeye Technologies Inc. (NYSE NYSE

See: New York Stock Exchange
:BKI BKI Babbar Khalsa International
BKI Kota Kinabalu, Sabah, Malaysia - Kota Kinabalu (Airport Code)
BKI Bible Knowledge Institute
BKI Brasil Kaffe Import (Danish Coffee Importer) 
) today announced that it is implementing product surcharges of up to 5% effective October 1, 2005. The need for the surcharges has been brought about by unprecedented energy related cost increases which have been exacerbated by the impact of Hurricane Katrina Editing of this page by unregistered or newly registered users is currently disabled due to vandalism. . The surcharges will apply to sales during the October-December quarter and will be reevaluated on a quarterly basis.

Buckeye Chairman, David B. Ferraro, commented, "The extraordinary and unprecedented high costs we are experiencing make this step necessary. We will work closely with all customers to handle this difficult situation in the best possible manner. We are hopeful that these energy related cost increases will subside sometime in calendar year 2006, allowing us to return to more normal pricing mechanisms."

Buckeye, a leading manufacturer and marketer of specialty fibers and nonwoven non·wo·ven  
adj.
Made by a process not involving weaving. Used of textiles.

n.
Material or a fabric made by a process not involving weaving.
 materials, is headquartered in Memphis, Tennessee For the ancient Egyptian capital, see .

Memphis is a city in the southwest corner of Tennessee, and the county seat of Shelby County. Memphis rises above the Mississippi River on the 4th Chickasaw Bluff just below the mouth of the Wolf River.
, USA. The Company currently operates facilities in the United States, Germany, Canada, and Brazil. Its products are sold worldwide to makers of consumer and industrial goods.

Certain matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting the Company's operations, financing, markets, products, services and prices, and other factors. For further information on factors which could impact the Company and the statements contained herein, please refer to public filings with the Securities and Exchange Commission.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Sep 21, 2005
Words:244
Previous Article:Free Lunch-Hour Benefit Concert to Benefit Hurricane Katrina Victims Hosted by Atlanta Rock Band FLYER.
Next Article:Sycamore Networks, Inc. Regains Compliance with Nasdaq Listing Requirements.
Topics:



Related Articles
Buckeye Steel Receives Initial Approval for Financial Assistance from State, City.
DETROIT GOES QUIETLY THIS TIME : WEST REGIONAL: OHIO STATE 75, DETROIT 44.
COMMON GROUND : DIFFICULT OFFSEASON SHOWS PARALLELS AS TEAMS STRUGGLE.
GRIFFIN: IT'S BEEN TOO LONG.
GLENFED PULLS OUT OF ATM ALLIANCE; BANK IMPOSES SURCHARGE ON NONCUSTOMERS, DRAWING CRITICISM FROM OTHER INSTITUTIONS IN GROUP.
NOW THAT'S A TITLE GAME.
Eye on the buckeye.
The buckeye stops here.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles