8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________

FORM 8-K

CURRENT REPORT

Pursuant to section 13 OR 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  December 8, 2008

BUCKEYE TECHNOLOGIES INC.

(Exact name of registrant as specified in its charter)

DELAWARE	33-60032	62-1518973
(State or other	(Commission	(IRS Employer
jurisdiction of incorporation)	File Number)	Identification Number)

1001 Tillman Street, Memphis, Tennessee	38112
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code:  (901) 320-8100

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ]            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ]            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ]            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

SECTION 7.  REGULATION FD.

Item 7.01.  Regulation FD Disclosure.

The information presented herein under Item 7.01 shall not be deemed "filed" under the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as may be expressly set forth by specific reference in such a filing.

SECTION 8.  OTHER EVENTS

Item 8.01.  Other Events

On December 8, 2008, Buckeye Technologies Inc. issued a press release announcing that, due to softening of demand and a planned recovery boiler maintenance outage, the Company’s specialty wood pulp facility in Perry, Florida would take production downtime expected to total approximately 9,000 tons during the month of December which is equivalent to 7 production days.

SECTION 9.  FINANCIAL STATEMENTS AND EXHIBITS.

Item 9.01.  Financial Statements and Exhibits.

(d)           Exhibits.

Exhibit Number	Description
99.1	Press Release of Buckeye Technologies Inc. dated December 8, 2008.  (furnished)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized,

BUCKEYE TECHNOLOGIES INC.

STEVEN G. DEAN 

Steven G. Dean

Sr. Vice President and Chief Financial Officer

December 9, 2008

EX-99.1

News from

Buckeye

FOR IMMEDIATE RELEASE

            Contact:                                   Steve Dean

                                       Sr. Vice President

and Chief Financial Officer

901-320-8352

Daryn Abercrombie

Investor Relations

901-320-8908

Website:  www.bkitech.com

BUCKEYE ANNOUNCES SPECIALTY WOOD MARKET DOWNTIME

MEMPHIS, TN December 8, 2008 - Buckeye Technologies Inc. (NYSE:BKI) today announced that, due to softening demand and a planned recovery boiler maintenance outage, the Company’s specialty wood pulp facility in Perry, Florida would take production downtime expected to total approximately 9,000 tons during the month of December which is equivalent to 7 production days.

Chairman and CEO John Crowe said, “We are making the decision to take downtime because of recent weak demand in some of the markets for our wood specialty fiber products and the need to perform planned maintenance work on one of our recovery boilers.  Operating our facility during a planned boiler outage increases production costs and reduces our flexibility to produce certain products.  In today’s global economic environment we are focused at all of our operations on meeting our customer needs by matching production to orders, minimizing costs and controlling working capital.”

Mr. Crowe went on to say, “With this added downtime, we would expect our earnings to be below the previously provided range of 12 to 15 cents per share for the October-December quarter.”

Buckeye, a leading manufacturer and marketer of specialty fibers and nonwoven materials, is headquartered in Memphis, Tennessee, USA.  The Company currently operates facilities in the United States, Germany, Canada, and Brazil.  Its products are sold worldwide to makers of consumer and industrial goods.

Certain matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting the Company’s operations, financing, markets, products, services and prices, and other factors.  For further information on factors which could impact the Company and the statements contained herein, please refer to public filings with the Securities and Exchange Commission.