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WEYERHAEUSER ACQUIRES RABANCO HIGH-GRADE PAPER DIVISION

 WEYERHAEUSER ACQUIRES RABANCO HIGH-GRADE PAPER DIVISION
 TACOMA, Wash., Oct. 14 /PRNewswire/ -- Weyerhaeuser Co. (NYSE: WY) announced today it has signed an agreement to acquire Rabanco Co.'s high-grade paper account list in the Seattle region.
 The sale will allow Weyerhaeuser Co. to collect and recycle an additional 2 million pounds per month of high-grade office paper from clients in the Seattle area.
 The agreement covers Rabanco's commercial high-grade collection business. Weyerhaeuser will also expand its support services to local commercial customers through on-site training, promotional aids and transportation services -- an integral part of its "quality supplier partnership" concept.
 "This agreement allows both companies to emphasize their core strengths and will favorably impact the solid waste reduction goals of local municipalities," said Ed Campbell, plant manager of the Weyerhaeuser Kent Recycling Facility.
 Weyerhaeuser was one of the first companies in the United States to develop aggressive recycling practices. The Weyerhaeuser Co. Recycling Division was formed in 1974 and currently is an industry leader collecting 1.7 million tons of recyclable papers annually. The Recycling Division's target is 2 million tons in 1993 and 3 million tons by 1995.
 Rabanco is Washington state's largest waste handler and recycler, and brokers many types of waste papers throughout the western United States and the Pacific Rim. Rabanco will continue its paper brokerage business in other areas and will supply Weyerhaeuser with additional recovered paper fibers from the company's collection programs.
 "We believe that this partnership will result in 60-65 percent recycling rates from commercial waste paper streams by the year 2000," said Steve Spence, Rabanco vice president.
 -0- 10/14/92
 /CONTACT: Beth Hubbard of Weyerhaeuser Recycling - Kent Facility, 206-682-1035; or Steve Spence of Rabanco, 206-723-9554/
 (WY) CO: Weyerhaeuser Co.; Rabanco Co. ST: Washington IN: PAP SU: TNM


SC-LM -- SE005 -- 0140 10/14/92 19:04 EDT
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Date:Oct 14, 1992
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