FYI - Somoa Pulp Mill Could be Scrapped.
The 40-year-old Samoa pulp plant may be in its death throes.
The Samoa pulp mill may be taking its last gasps, likely to be sold off in parts as the latest bid to restart the plant is wilting.
The current owner, Freshwater Pulp Co., has been unable to find $400 million in funding for an optimistic plan to rebuild the facility into a pulp-and-tissue plant. That may not be a surprise in today's crushing credit market.
http://www.times-standard.com/localnews/ci_13356249