Reports the business failure of Enron Corp., a newsprint recycling company in Houston, Texas. Creation of paper-price-based financial swaps; Impact of the decrease in paper consumption on the prices of per-metric-ton of newprints; Efforts of the Northeast Recycling Council to track annual recycled-content purchases.
Focuses on the expansion plans of energy buyer and seller Enron Capital and Trade Resources Corp. of Houston, Texas. Swap arrangements with newspapers on the sale and purchase of newsprint volume; Move from financial transactions to sales; Negotiations with newspaper companies about taking over printing operations.
TEXAS, HOUSTON (Tex.), UNITED States, HOUSTON Chronicle (Newspaper), UNIVERSITY of Houston
Abstract
Reports that the `Houston Chronicle' newspaper has awarded scholarships to three high school students during a journalism workshop involving the paper and the University of Houston in Texas.
Reports on the `Houston Post' newspaper's production and broadcasting of the `Homefinder' television show to advertise homes for sale in Houston. Use of the show to complement the `Homefinder' section in the paper; PRC Realty Systems' partnership role in the show; Background of the genesis of the show.
Published
1995
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