Smurfit-Stone Container Corp expects its fourth quarter earnings excluding unusual items will be significantly lower compared to third quarter 2008 results. The company expects to reduce containerboard and kraft paper production by up to 255,000 ton and softwood pulp production by up to 35,000 ton in the fourth quarter. These reductions are in addition to the previously announced permanent closures of the corrugated medium machine in Snowflake, Arizona, and its hardwood pulp mill in Portage du Fort, Quebec.
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