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AbitibiBowater on course to meet targets

Paper recycler AbitibiBowater expects to be the industrys great turnaround story as it announces important progress during its first full quarter.The parent firm of AbitibiBowater Recycling Europe expects to meet its asset sales target of $500m by the end of 2008, having achieved sales of approximately $220m to date. AbitibiBowater chief executive David J. Paterson said that results from its first full quarter were an important step in positioning the company ...