Incorporated in 1981 as The Great Bay Paper Company, a small waste paper brokerage operation

1

• Incorporated in 1981 as The Great Bay Paper
  Company, a small waste paper brokerage operation
• Currently operates or holds investments in the
  recyclable commodity, containerboard and arts
  crafts paper markets
• Headquartered in Baltimore, MD

2

• Formed in 2002 by a merger of Canusa
  Corporations secondary fiber division and
  Hershman Recycling, Inc.
• Sells approximately 60,000 tons per month of
  fiber, plastics and metals
• Owns and operates plants in Baltimore, MD
  Rochester, NY and St. Albans, VT - processing
  approximately 7,000 tons per month

3

• Newport CH is a direct export shipper of
  wastepaper and scrap steel for the recycling
  industry
• Supplies numerous mills in China, as well as
  other Asian countries
• Brokers approximately 35,000 tons per month
• Headquartered in Brea, CA with an office in
  Shanghai

4

• Full service MRF located in Springfield, VA
• Owned by Canusa Corporation and The Washington
  Post
• Collects and processes approximately 8,000 tons
  per month of secondary fiber and commingled
  containers

5

• Full service MRF headquartered in Philadelphia,
  PA
• Maintains three operating centers in the
  Philadelphia area
• Processes approximately 10,000 tons per month of
  recyclable commodities
• Recyclebank Currently piloting an incentive
  based recycling program in Philadelphia

6
k r a f t g r o u p

• Trades approximately 10,000 tons per month of
  Kraft Linerboard, Corrugating Medium and
  Lightweight Kraft papers
• Sells to the North American box business in the
  United States, Canada and Mexico
• Exports mostly to the Latin American and
  Philippine fruit packing industry
• Second or third largest supplier to Colombia
  where the company ships approximately 40,000 tons
  per year

7

• Began in the early 1900s as The Japan Paper
  Company
• Markets under brand names such as The Paper
  Company and Paper Adventures
• Employs over 100 people in Lincoln Park, NJ
  operation
• Manufactures and distributes a variety of arts
  and craft papers to retailers such as Michaels
  and Jo-Anns