Consumables
Orchids Paper Products Company Signs Waste Paper Sourcing Agreement
Friday 22. February 2008 - Orchids Paper Products Company (AMEX:TIS) today announced it has entered into an exclusive waste paper supply agreement with Dixie Pulp and Paper, Inc. ("Dixie") of Tuscaloosa, AL. Under the terms of the agreement, Dixie will be the sole supplier of waste paper to Orchids. The agreement is effective April 1, 2008 and carries a five-year term.
Commenting on the announcement, Mr. Robert Snyder, President and Chief Executive Officer stated, “As a 100% recycled tissue manufacturer, our waste paper supply is of utmost importance. As such, we have entered into this agreement to ensure the supply of quality waste paper to our facility, and are pleased to enter into a partnership with a first class organization such as Dixie Pulp and Paper.”