Word: sca
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Dates: during 2003-2003
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From the timber harvests of North America and Scandinavia, the giants of the industry--led by International Paper of Stamford, Conn. (2002 total sales: $25 billion); Georgia-Pacific of Atlanta ($23.3 billion); Weyerhaeuser of Tacoma, Wash. ($18.5 billion); Svenska Cellulosa Aktiebolaget SCA of Stockholm ($10 billion); and Smurfit-Stone Container of Chicago ($8.2 billion)--churn out millions of tons of linerboard and corrugated. A box can be small enough to hold a wedding ring or large enough for jet skis (4 ft. by 4 ft. by 4 ft. is the maximum, however). The U.S. leads the world in box manufacturing...
...other raw materials is rising. Bernard Horn, manager of the Polaris Global Value fund, is overweighting resource-rich South Africa and buying the stocks of materials companies around the globe like paper firms Sappi in South Africa (ADR up 18% in the past 12 months) and Svenska Cellulosa, or SCA, in Sweden (ADR up 8%). Other countries rich in natural resources and poised for outsize benefit are Australia and Canada...