/C O R R E C T I O N FROM SOURCE - Abitibi-Consolidated Inc./
October 20 2004 - 9:04PM
PR Newswire (US)
/C O R R E C T I O N FROM SOURCE - Abitibi-Consolidated Inc./ In
MO209 transmitted today at 14:40e few errors occurred in the second
paragraph. Corrected copy follows: MONTREAL, Oct. 20
/PRNewswire-FirstCall/ -- Abitibi-Consolidated Inc. (TSX: A; NYSE:
ABY) Chairman of the Board Richard Drouin is pleased to announce
the appointment of Jacques Bougie to the Company's Board of
Directors. Mr. Bougie joined Montreal-based Alcan Aluminum Ltd. in
1979 and served as the Company's President and Chief Executive
Officer from 1993 to 2001. He holds degrees in law and business
administration from the Universite de Montreal, where he also
received an honorary doctorate in 2001. Mr. Bougie was made an
Officer of the Order of Canada in 1994. He currently is a director
on the boards of Nova Chemicals Inc., McCain Foods Ltd., Rona Inc.,
as well as chair or member of a number of advisory committees and
foundations, including CGI Group Inc. "I am delighted to welcome
Jacques Bougie to the Board," commented John Weaver, President and
CEO. "Mr. Bougie is a highly regarded business leader who has met
the diverse challenges of a resources-based business. His wealth of
knowledge and experience will be of great benefit to
Abitibi-Consolidated." Abitibi-Consolidated is a global leader in
newsprint & uncoated groundwood (value-added groundwood) papers
as well as a major producer of wood products, generating sales of
CAN $5.4 billion in 2003. The Company owns or is a partner in 27
paper mills, 22 sawmills, 4 remanufacturing facilities and 1
engineered wood facility in Canada, the US, the UK, South Korea,
China and Thailand. With over 15,000 employees, excluding its
PanAsia joint venture, Abitibi-Consolidated does business in
approximately 70 countries. Responsible for the forest management
of 17.5 million hectares of woodlands, the Company is committed to
the sustainability of the natural resources in its care.
Abitibi-Consolidated is also the world's largest recycler of
newspapers and magazines, serving 16 metropolitan areas in Canada
and the United States and 130 local authorities in the United
Kingdom, with 14 recycling centres and approaching 20,000 Paper
Retriever(R) and paper bank containers. DATASOURCE:
ABITIBI-CONSOLIDATED INC. CONTACT: Investors: Lorne Gorber,
Manager, Investor Relations, (514) 394-2360, ; Media: Marc Osborne,
Manager, Corporate Communications and Media Relations, (514)
394-2340;
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