<html>

  <head>
    <title>s8compensationplan.htm</title>
<!-- Licensed to: Buckeye Technologies Inc-->
<!-- Document Created using EDGARizer 4.0.3.0 -->
<!-- Copyright 1995 - 2008 EDGARfilings, Ltd., an IEC company. All rights reserved -->
</head>
    <body bgcolor="#ffffff"><br>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; COLOR: #000000">As
      filed with the Securities and
      Exchange Commission on</font><font style="DISPLAY: inline; COLOR: #000000">&#160;</font><font style="DISPLAY: inline; COLOR: #000000">June</font><font style="DISPLAY: inline; COLOR: #000000">17</font><font style="DISPLAY: inline; COLOR: #000000">,
      2008</font><font style="DISPLAY: inline; COLOR: #000000">.</font></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Registration
      No.
      333-&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SECURITIES
        AND EXCHANGE COMMISSION</font></div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Washington,
      DC 20549</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font id="TAB1" style="MARGIN-LEFT: 72pt"></font><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">FORM
      S-8</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">REGISTRATION
      STATEMENT</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">UNDER</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">THE
      SECURITIES ACT OF 1933</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font id="TAB1" style="MARGIN-LEFT: 72pt"></font><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">BUCKEYE
      TECHNOLOGIES INC.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Exact
      name of Registrant as specified in its charter)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="top" width="19%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">
              </div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -0.9pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Delaware</font></div>
            </td>
            <td colspan="4" valign="top" width="43%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; COLOR: #000000">1001
                Tillman Street</font><font style="DISPLAY: inline; COLOR: #000000">, </font><font style="DISPLAY: inline; COLOR: #000000">Memphis</font><font style="DISPLAY: inline; COLOR: #000000">,
</font><font style="DISPLAY: inline; COLOR: #000000">TN</font><font style="DISPLAY: inline; COLOR: #000000">&#160;</font><font style="DISPLAY: inline; COLOR: #000000">38112</font></font></div>
            </td>
            <td colspan="2" valign="top" width="20%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">
              </div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; COLOR: #000000">62-1518973</font></font></div>
            </td>
          </tr>
          <tr>
            <td valign="top" width="19%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(State
                of Incorporation)</font></div>
            </td>
            <td colspan="4" valign="top" width="43%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Address
                of principal executive offices) (Zip Code)</font></div>
            </td>
            <td colspan="2" valign="top" width="20%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(I.R.S.
                Employer</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Identification
                No.)</font></div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">
              </div>
            </td>
          </tr>
          <tr>
            <td colspan="7" valign="top" width="81%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">BUCKEYE
                TECHNOLOGIES INC.</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">2007
                OMNIBUS INCENTIVE COMPENSATION PLAN</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Full
                Title of the Plan)</font></div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">
              </div>
            </td>
          </tr>
          <tr>
            <td colspan="7" valign="top" width="81%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">John
                B. Crowe</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Chairman
                of the Board of Directors and</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Chief
                Executive Officer</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Buckeye
                Technologies Inc.</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">P.O.
                Box 80407</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1001
                Tillman Street</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Memphis,
                Tennessee 38108-0407</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; COLOR: #000000">(901)
                320-8100</font></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;(Name,
                address, and telephone number, including area code, of agent for
                service)</font></div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">
              </div>
            </td>
          </tr>
          <tr>
            <td colspan="7" valign="top" width="81%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">With
                a Copy to:</font></div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">
              </div>
            </td>
          </tr>
          <tr>
            <td colspan="7" valign="top" width="81%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Thomas
                J. Friedmann</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Dechert
                LLP</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1775
                I Street, NW</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Washington,
                DC 20006</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(202)
                261-3300</font></div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">
              </div>
            </td>
          </tr>
          <tr>
            <td colspan="7" valign="top" width="81%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">CALCULATION
                OF REGISTRATION FEE</font></div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">
              </div>
            </td>
          </tr>
          <tr>
            <td colspan="2" valign="top" width="20%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Title
                Of Securities</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">To
                Be</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Registered</font></div>
            </td>
            <td valign="top" width="14%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Amount</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">To
                Be</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Registered</font></div>
            </td>
            <td valign="top" width="17%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Proposed
                Maximum Offering Price</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Per
                Share&#160;&#160;(1)</font></div>
            </td>
            <td colspan="2" valign="top" width="16%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Proposed
                Maximum</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Aggregate</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Offering
                Price</font></div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">
              </div>
            </td>
            <td valign="top" width="14%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Amount
                Of</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Registration</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Fee</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" colspan="2" valign="top" width="20%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Common
                Stock of Buckeye Technologies Inc., par value $.01 per share to be
                issued
                under the Plan (2)</font></div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">
              </div>
            </td>
            <td valign="top" width="14%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">
              </div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3,500,000
                shares</font></div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">
              </div>
            </td>
            <td valign="top" width="17%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">
              </div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$9.51</font></div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">
              </div>
            </td>
            <td colspan="2" valign="top" width="16%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">
              </div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$33,285,000</font></div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">
              </div>
            </td>
            <td valign="top" width="14%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">
              </div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$1,308.10</font></div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">
              </div>
            </td>
          </tr>
          <tr>
            <td align="left" colspan="7" valign="middle" width="81%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(1)&#160;&#160;This
                amount is based upon the average of the high and low sale prices
                for
                shares of common stock of Buckeye Technologies Inc. (the &#8220;Registrant&#8221;),
                par value $.01 per share (the &#8220;Common Stock&#8221;), as reported on the New York
                Stock Exchange on June 13, 2008, and is used solely for the purpose
                of
                calculating the registration fee in accordance with paragraphs (c)
                and (h)
                of Rule 457 under the Securities Act of 1933.</font></div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">
              </div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(2)&#160;&#160;Pursuant
                to Rule 416(a), this Registration Statement shall also cover any
                additional shares of Common Stock which become issuable under the
                2007
                Omnibus Incentive Compensation Plan by reason of any stock dividend,
                stock
                split, recapitalization or other similar transaction effected without
                the
                receipt of consideration, which results in an increase in the number
                of
                the outstanding shares of the Registrant.</font></div>
            </td>
          </tr>

      </table>
    </div><br>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div style="WIDTH: 100%" align="left">
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt">11815077.6.TAX</font></font></div>
        </div>
        <div id="GLFTR" style="WIDTH: 100%" align="left">&#160;</div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">&#160;</div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">&#160;</div>
      </div>
    </div><br>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">PART
      II</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">INFORMATION
      REQUIRED IN THE REGISTRATION STATEMENT</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
      3.&#160;&#160;Incorporation of Documents by Reference.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      following documents are incorporated by reference in this registration
      statement:</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a)&#160;&#160;The
      Registrant&#8217;s annual report on Form 10-K for the fiscal year ended June 30, 2007,
      filed on September 7, 2007, as amended by Form 10-K/A, filed on September 26,
      2007, pursuant to Section 13(a) of the Securities Exchange Act of 1934 (the
      &#8220;1934 Act&#8221;); and</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)&#160;&#160;All
      other reports filed by the Registrant pursuant to Section 13(c) or 15(d) of
      the
      1934 Act since June 30, 2007, including the Registrant&#8217;s quarterly reports for
      the quarters ended September 30, 2007, December 31, 2007 and March 31, 2008,
      filed on October 25, 2007, January 31, 2008 and May 6, 2008, respectively,
      pursuant to Section 13(a) of the 1934 Act; and</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(c)&#160;&#160;The
      description of the Common Stock contained in the registration statement on
      Form
      S-3, filed on June 4, 1996, as amended by Amendment No. 1 thereto, filed on
      June
      11, 1996, and by Amendment No. 2 thereto, filed on June 27, 1996, including
      any
      amendment or report filed for the purpose of updating such description;
      and</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(d)&#160;&#160;All
      documents subsequently filed by the Registrant pursuant to Sections 13(a),
      13(c), 14 and 15(d) of the 1934 Act prior to the filing of a post-effective
      amendment to this Registration Statement, which indicates that all securities
      offered have been sold or which deregisters all securities then remaining
      unsold, will be deemed to be incorporated by reference into this Registration
      Statement.&#160;&#160;Each document incorporated by reference into this
      Registration Statement will be deemed to be a part of this Registration
      Statement from the date of the filing of such document with the Securities
      and
      Exchange Commission, or the SEC, until the information contained in such
      document is superseded or updated by any subsequently filed document which
      is
      incorporated by reference into this Registration Statement.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
      4.&#160;&#160;Description of Securities.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Not
      applicable.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
      5.&#160;&#160;Interests of Named Experts and Counsel.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Not
      applicable.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
      6.&#160;&#160;Indemnification of Directors and Officers.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 45.8pt"></font>The
      Company is
      incorporated&#160;&#160;under the laws of the State of
      Delaware.&#160;&#160;Section 145 of the
      General&#160;&#160;Corporation&#160;&#160;Law of the State of Delaware ("Section
      145") provides that a Delaware&#160;&#160;corporation may indemnify any person
      who is, or is threatened to be made, a party to any&#160;&#160;threatened,
      pending or completed action, suit or proceeding, whether civil,
      criminal,&#160;&#160;&#160;administrative&#160;&#160;or investigative (other
      than an action by or in the right of such corporation),&#160;&#160;by</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">reason
      of
      the fact that such person was an officer, director, employee or agent of such
      corporation, or is or was serving at the request of such corporation as a
      director, officer, employee or agent of another corporation or enterprise.
      The
      indemnity may include expenses (including attorneys&#8217; fees) judgments, fines and
      amount paid in&#160;&#160;settlement&#160;&#160;actually
      and&#160;&#160;reasonably incurred by such person in connection with such
      action,&#160;&#160;suit or proceeding,&#160;&#160;provided such person acted in
      good faith and in a manner he reasonably believed to be in or not opposed to
      the
      corporation's best interests and, with respect to any criminal&#160;&#160;action
      or proceeding,&#160;&#160;had no reasonable cause to believe that his conduct
      was illegal.&#160;&#160;A Delaware corporation
      may&#160;&#160;indemnify&#160;&#160;any person who is, or is threatened to be
      made, a party to any&#160;&#160;threatened,&#160;&#160;pending or
      completed&#160;&#160;action or suit by or in the right of the corporation by
      reason of the
      fact&#160;&#160;that&#160;&#160;such&#160;&#160;person&#160;&#160;was a
      director,&#160;&#160;officer, employee or agent of such corporation, or is or
      was serving at the request of such corporation as a
      director,&#160;&#160;officer, employee or agent of another corporation or
      enterprise. The indemnity may include expenses (including attorneys' fees)
      actually and reasonably&#160;&#160;incurred by such person in connection with
      the defense or settlement of such action or
      suit,&#160;&#160;provided&#160;&#160;such person acted in good faith and in a
      manner he reasonably believed&#160;&#160;to be in or not opposed to the
      corporation's&#160;&#160;best interests except that no indemnification is
      permitted without judicial approval if the officer or director is adjudged
      to be
      liable to the corporation.&#160;&#160;Where an officer or director
      is&#160;&#160;successful&#160;&#160;on the merits or otherwise in the defense of
      any action referred&#160;&#160;to&#160;&#160;above,&#160;&#160;the
      corporation&#160;&#160;must&#160;&#160;indemnify him against the expenses which
      such&#160;&#160;officer or director has actually and reasonably incurred.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 45.8pt"></font>The
      Company's Second Amended and
      Restated Certificate of Incorporation provides for the indemnification of
      directors and officers of the Company to the fullest extent permitted by Section
      145.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 45.8pt"></font>In
      that regard, the Second Amended
      and Restated Certificate of Incorporation provides that the Company will
      indemnify any person who was or is a party&#160;&#160;or
      is&#160;&#160;threatened&#160;&#160;to be made a party to any threatened,
      pending or completed action, suit or proceeding, whether civil, criminal,
      administrative or investigative (other than an action by or in the right of
      the&#160;&#160;corporation) by reason of the fact that he is or was a director
      or officer of such&#160;&#160;corporation, or is or was serving at the request
      of such corporation as a director, officer or member of
      another&#160;&#160;corporation, partnership, joint venture, trust or other
      enterprise, against expenses (including attorneys' fees), judgments, fines
      and
      amounts paid in settlement actually and reasonably incurred by him in connection
      with such action, suit or&#160;&#160;proceeding if he acted in good faith and in
      a manner he reasonably believed to be in or not opposed to the
      best&#160;&#160;interests&#160;&#160;of such
      corporation,&#160;&#160;and,&#160;&#160;with respect to any
      criminal&#160;&#160;action or&#160;&#160;proceeding, had no reasonable cause
      to&#160;&#160;believe&#160;&#160;his&#160;&#160;conduct&#160;&#160;was
      unlawful.&#160;&#160;Indemnification&#160;&#160;in connection&#160;&#160;with an
      action or suit by or in the&#160;&#160;right of such corporation&#160;&#160;to
      procure a judgment in its favor is limited to payment
      of&#160;&#160;settlement&#160;&#160;of such an action or suit except that no
      such indemnification may be made in respect of any claim,&#160;&#160;issue or
      matter as to which such person&#160;&#160;will have been adjudged to be
      liable&#160;&#160;for&#160;&#160;negligence or misconduct&#160;&#160;in the
      performance&#160;&#160;of his duty to the indemnifying
      corporation&#160;&#160;unless&#160;&#160;and only to
      the&#160;&#160;extent&#160;&#160;that&#160;&#160;the Court of Chancery of
      Delaware or the court in which such action or suit was brought determines that,
      despite the adjudication of liability but in&#160;&#160;consideration of all the
      circumstances of the case, such person is fairly and reasonably entitled to
      indemnity for such expenses which the court deems proper.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">&#160;</div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">&#160;</div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">&#160;</div>
      </div>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
      7.&#160;&#160;Exemption from Registration Claimed.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Not
      applicable.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
      8.&#160;&#160;Exhibits.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      following exhibits are filed herewith or incorporated by reference as part
      of
      this Registration Statement.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.1&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      Opinion of Dechert LLP (counsel to the Registrant).</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">23.1&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      Consent of Ernst &amp; Young LLP.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">23.2&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      Consent of Dechert LLP (contained in opinion filed as Exhibit 5.1 to
      thisRegistration Statement).</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">24&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      Power of Attorney (set forth on signature page of this Registration
      Statement).</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

          <tr valign="top">
            <td style="WIDTH: 12.2pt">
              <div>&#160;</div>
            </td>
            <td>
              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
                9. <font style="DISPLAY: inline; TEXT-DECORATION: underline">Undertakings</font>.
                </font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      The undersigned registrant hereby undertakes:</font></div>

    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      To file, during any period in which offers or sales are being made, a
      post-effective amendment to this registration statement:</font></div>

    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">i.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      To include any prospectus required by section&#160;10(a)(3)&#160;of the
      Securities Act of 1933;</font></div>

    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ii.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      To reflect in the prospectus any facts or events arising after the effective
      date of the registration statement (or the most recent post-effective amendment
      thereof) which, individually or in the aggregate, represent a fundamental change
      in the information set forth in the registration statement. Notwithstanding
      the
      foregoing, any increase or decrease in volume of securities offered (if the
      total dollar value of securities offered would not exceed that which was
      registered) and any deviation from the low or high end of the estimated maximum
      offering range may&#160;be reflected in the form&#160;of prospectus filed with
      the Commission pursuant to Rule&#160;424(b)&#160;if, in the aggregate, the
      changes in volume and price represent no more than 20% change in the maximum
      aggregate offering price set forth in the &#8220;Calculation of Registration Fee&#8221;
table in the effective registration statement.</font></div>

    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">iii.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      To include any material information with respect to the plan of distribution
      not
      previously disclosed in the registration statement or any material change to
      such information in the registration statement;</font></div>

    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">provided
      however, that paragraphs (a)(1)(i)&#160;and (a)(1)(ii)&#160;of this
      section&#160;do not apply if the registration statement is on Form&#160;S-8, and
      the information required to be included in a post-effective amendment by those
      paragraphs is contained in reports filed with or furnished to the Commission
      by
      the registrant pursuant to section&#160;13 or section&#160;15(d)&#160;of the
      Securities Exchange Act of 1934 that are incorporated by reference in the
      registration statement.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;&#160;</font></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">&#160;</div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">&#160;</div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">&#160;</div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      That, for the purpose of determining any liability under the Securities Act
      of
      1933, each such post-effective amendment shall be deemed to be a new
      registration statement relating to the securities offered therein, and the
      offering of such securities at that time shall be deemed to be the initial
      bona
      fide offering thereof.</font></div>

    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      To remove from registration by means of a post-effective amendment any of the
      securities being registered which remain unsold at the termination of the
      offering.</font></div>

    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      That, for the purpose of determining liability under the Securities Act of
      1933
      to any purchaser:</font></div>

    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">i.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      if the registrant is relying on Rule&#160;430B (&#167;230.430B of this
      chapter):</font></div>

    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">A.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      each prospectus filed by the registrant pursuant to Rule&#160;424(b)(3) shall be
      deemed to be part&#160;of the registration statement as of the date the filed
      prospectus was deemed part&#160;of and included in the registration statement;
      and</font></div>

    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">B.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      each prospectus required to be filed pursuant to Rule&#160;424(b)(2), (b)(5), or
      (b)(7)&#160;as part&#160;of a registration statement in reliance on
      Rule&#160;430B relating to an offering made pursuant to Rule&#160;415(a)(1)(i),
      (vii), or (x)&#160;for the purpose of providing the information required by
      section&#160;10(a)&#160;of the Securities Act of 1933 shall be deemed to be
      part&#160;of and included in the registration statement as of the earlier of the
      date such form&#160;of prospectus is first used after effectiveness or the date
      of the first contract of sale of securities in the offering described in the
      prospectus. As provided in Rule&#160;430B, for liability purposes of the issuer
      and any person that is at that date an underwriter, such date shall be deemed
      to
      be a new effective date of the registration statement relating to the securities
      in the registration statement to which that prospectus relates, and the offering
      of such securities at that time shall be deemed to be the initial bona fide
      offering thereof.&#160;&#160;Provided, however, that no statement made in a
      registration statement or prospectus that is part&#160;of the registration
      statement or made in a document incorporated or deemed incorporated by reference
      into the registration statement or prospectus that is part&#160;of the
      registration statement will, as to a purchaser with a time of contract of sale
      prior to such effective date, supersede or modify any statement that was made
      in
      the registration statement or prospectus that was part&#160;of the registration
      statement or made in any such document immediately prior to such effective
      date;
      or</font></div>

    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ii.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      if the registrant is subject to Rule&#160;430C, each prospectus filed pursuant
      to Rule&#160;424(b)&#160;as part&#160;of a registration statement relating to an
      offering, other than registration statements relying on Rule&#160;430B or other
      than prospectuses filed in reliance on Rule&#160;430A, shall be deemed to be
      part&#160;of and included in the registration statement as of the date it is
      first used after effectiveness. Provided, however, that no statement made in
      a
      registration statement or prospectus that is part&#160;of the registration
      statement or made in a document incorporated or deemed incorporated by reference
      into the registration statement or prospectus that is part&#160;of the
      registration statement will, as to a purchaser with a time of contract of sale
      prior to such first use, supersede or modify any statement that was made in
      the
      registration statement or prospectus that was part&#160;of the registration
      statement or made in any such document immediately prior to such date of first
      use.</font></div>

    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">&#160;</div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">&#160;</div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">&#160;</div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      That, for the purpose of determining liability of the registrant under the
      Securities Act of 1933 to any purchaser in the initial distribution of the
      securities: the undersigned registrant undertakes that in a primary offering
      of
      securities of the undersigned registrant pursuant to this registration
      statement, regardless of the underwriting method used to sell the securities
      to
      the purchaser, if the securities are offered or sold to such purchaser by means
      of any of the following communications, the undersigned registrant will be
      a
      seller to the purchaser and will be considered to offer or sell such securities
      to such purchaser:</font></div>

    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">i.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      any preliminary prospectus or prospectus of the undersigned registrant relating
      to the offering required to be filed pursuant to Rule&#160;424;</font></div>

    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ii.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      any free writing prospectus relating to the offering prepared by or on behalf
      of
      the undersigned registrant or used or referred to by the undersigned
      registrant;</font></div>

    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">iii.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      the portion of any other free writing prospectus relating to the offering
      containing material information about the undersigned registrant or its
      securities provided by or on behalf of the undersigned registrant; and</font></div>

    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">iv.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      any other communication that is an offer in the offering made by the undersigned
      registrant to the purchaser.</font></div>

    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      The undersigned registrant hereby undertakes that, for purposes of determining
      any liability under the Securities Act of 1933, each filing of the registrant&#8217;s
      annual report pursuant to section&#160;13(a)&#160;or section&#160;15(d)&#160;of
      the Securities Exchange Act of 1934 (and, where applicable, each filing of
      an
      employee benefit plan&#8217;s annual report pursuant to section&#160;15(d)&#160;of the
      Securities Exchange Act of 1934) that is incorporated by reference in the
      registration statement shall be deemed to be a new registration statement
      relating to the securities offered therein, and the offering of such securities
      at that time shall be deemed to be the initial bona fide offering
      thereof.</font></div>

    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(h)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      Insofar as indemnification for liabilities arising under the Securities Act
      of
      1933 may&#160;be permitted to directors, officers and controlling persons of the
      registrant pursuant to the foregoing provisions, or otherwise, the registrant
      has been advised that in the opinion of the SEC such indemnification is against
      public policy as expressed in the Act and is, therefore, unenforceable. In
      the
      event that a claim for indemnification against such liabilities (other than
      the
      payment by the registrant of expenses incurred or paid by a director, officer
      or
      controlling person of the registrant in the successful defense of any action,
      suit or proceeding) is asserted by such director, officer or controlling person
      in connection with the securities being registered, the registrant will, unless
      in the opinion of its counsel the matter has been settled by controlling
      precedent, submit to a court of appropriate jurisdiction the question whether
      such indemnification by it is against public policy as expressed in the Act
      and
      will be governed by the final adjudication of such issue.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">&#160;</div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">&#160;</div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">&#160;</div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SIGNATURES</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-STYLE: italic">The
      Registrant.&#160;&#160;</font>Pursuant to the requirements of the Securities Act
      of 1933, the Registrant certifies that it has reasonable grounds to believe
      that
      it meets all of the requirements for filing on Form S-8 and has duly caused
      this
      Registration Statement to be signed on its behalf by the undersigned, thereunto
      duly authorized, in the city of Memphis, State of Tennessee, on this 17th day
      of
      June 2008.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 252pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -13.5pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;BUCKEYE
      TECHNOLOGIES INC.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

          <tr valign="top">
            <td style="WIDTH: 270pt">
              <div>&#160;</div>
            </td>
            <td>
              <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;By:
                <font style="DISPLAY: inline; TEXT-DECORATION: underline">/s/ John
                B.
                Crowe</font></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;John
      B.
      Crowe</font></div>
    <div><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;</font></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Chief
      Executive Officer</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div><br></body>
</html>
[{"type": "S-8", "sequence": "1", "filename": "s8compensationplan.htm", "description": "2007 OMNIBUS INCENTIVE COMPENSATION PLAN", "secsgml_size_bytes": 61147}]
{"company-data": {"conformed-name": "BUCKEYE TECHNOLOGIES INC", "cik": "0000899597", "assigned-sic": "2611", "irs-number": "621518973", "state-of-incorporation": "DE", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-151724", "film-number": "08904076"}, "business-address": {"street1": "PO BOX 80407", "city": "MEMPHIS", "state": "TN", "zip": "38108-0407", "phone": "9013208174"}, "mail-address": {"street1": "PO BOX 80407", "city": "MEMPHIS", "state": "TN", "zip": "38108-0407"}, "former-company": {"former-conformed-name": "BUCKEYE CELLULOSE CORP", "date-changed": "19930326"}}
s8compensationplan.htm
As
      filed with the Securities and
      Exchange Commission on
June
17
,
      2008
.
Registration
      No.
      333-
SECURITIES
        AND EXCHANGE COMMISSION
Washington,
      DC 20549
FORM
      S-8
REGISTRATION
      STATEMENT
UNDER
THE
      SECURITIES ACT OF 1933
BUCKEYE
      TECHNOLOGIES INC.
(Exact
      name of Registrant as specified in its charter)
Delaware
1001
                Tillman Street
,
Memphis
,
TN
38112
62-1518973
(State
                of Incorporation)
(Address
                of principal executive offices) (Zip Code)
(I.R.S.
                Employer
Identification
                No.)
BUCKEYE
                TECHNOLOGIES INC.
2007
                OMNIBUS INCENTIVE COMPENSATION PLAN
(Full
                Title of the Plan)
John
                B. Crowe
Chairman
                of the Board of Directors and
Chief
                Executive Officer
Buckeye
                Technologies Inc.
P.O.
                Box 80407
1001
                Tillman Street
Memphis,
                Tennessee 38108-0407
(901)
                320-8100
(Name,
                address, and telephone number, including area code, of agent for
                service)
With
                a Copy to:
Thomas
                J. Friedmann
Dechert
                LLP
1775
                I Street, NW
Washington,
                DC 20006
(202)
                261-3300
CALCULATION
                OF REGISTRATION FEE
Title
                Of Securities
To
                Be
Registered
Amount
To
                Be
Registered
Proposed
                Maximum Offering Price
Per
                Share  (1)
Proposed
                Maximum
Aggregate
Offering
                Price
Amount
                Of
Registration
Fee
Common
                Stock of Buckeye Technologies Inc., par value $.01 per share to be
                issued
                under the Plan (2)
3,500,000
                shares
$9.51
$33,285,000
$1,308.10
(1)  This
                amount is based upon the average of the high and low sale prices
                for
                shares of common stock of Buckeye Technologies Inc. (the "Registrant"),
                par value $.01 per share (the "Common Stock"), as reported on the New York
                Stock Exchange on June 13, 2008, and is used solely for the purpose
                of
                calculating the registration fee in accordance with paragraphs (c)
                and (h)
                of Rule 457 under the Securities Act of 1933.
(2)  Pursuant
                to Rule 416(a), this Registration Statement shall also cover any
                additional shares of Common Stock which become issuable under the
                2007
                Omnibus Incentive Compensation Plan by reason of any stock dividend,
                stock
                split, recapitalization or other similar transaction effected without
                the
                receipt of consideration, which results in an increase in the number
                of
                the outstanding shares of the Registrant.
11815077.6.TAX
PART
      II
INFORMATION
      REQUIRED IN THE REGISTRATION STATEMENT
Item
      3.  Incorporation of Documents by Reference.
The
      following documents are incorporated by reference in this registration
      statement:
(a)  The
      Registrant's annual report on Form 10-K for the fiscal year ended June 30, 2007,
      filed on September 7, 2007, as amended by Form 10-K/A, filed on September 26,
      2007, pursuant to Section 13(a) of the Securities Exchange Act of 1934 (the
      "1934 Act"); and
(b)  All
      other reports filed by the Registrant pursuant to Section 13(c) or 15(d) of
      the
      1934 Act since June 30, 2007, including the Registrant's quarterly reports for
      the quarters ended September 30, 2007, December 31, 2007 and March 31, 2008,
      filed on October 25, 2007, January 31, 2008 and May 6, 2008, respectively,
      pursuant to Section 13(a) of the 1934 Act; and
(c)  The
      description of the Common Stock contained in the registration statement on
      Form
      S-3, filed on June 4, 1996, as amended by Amendment No. 1 thereto, filed on
      June
      11, 1996, and by Amendment No. 2 thereto, filed on June 27, 1996, including
      any
      amendment or report filed for the purpose of updating such description;
      and
(d)  All
      documents subsequently filed by the Registrant pursuant to Sections 13(a),
      13(c), 14 and 15(d) of the 1934 Act prior to the filing of a post-effective
      amendment to this Registration Statement, which indicates that all securities
      offered have been sold or which deregisters all securities then remaining
      unsold, will be deemed to be incorporated by reference into this Registration
      Statement.  Each document incorporated by reference into this
      Registration Statement will be deemed to be a part of this Registration
      Statement from the date of the filing of such document with the Securities
      and
      Exchange Commission, or the SEC, until the information contained in such
      document is superseded or updated by any subsequently filed document which
      is
      incorporated by reference into this Registration Statement.
Item
      4.  Description of Securities.
Not
      applicable.
Item
      5.  Interests of Named Experts and Counsel.
Not
      applicable.
Item
      6.  Indemnification of Directors and Officers.
The
      Company is
      incorporated  under the laws of the State of
      Delaware.  Section 145 of the
      General  Corporation  Law of the State of Delaware ("Section
      145") provides that a Delaware  corporation may indemnify any person
      who is, or is threatened to be made, a party to any  threatened,
      pending or completed action, suit or proceeding, whether civil,
      criminal,   administrative  or investigative (other
      than an action by or in the right of such corporation),  by
reason
      of
      the fact that such person was an officer, director, employee or agent of such
      corporation, or is or was serving at the request of such corporation as a
      director, officer, employee or agent of another corporation or enterprise.
      The
      indemnity may include expenses (including attorneys' fees) judgments, fines and
      amount paid in  settlement  actually
      and  reasonably incurred by such person in connection with such
      action,  suit or proceeding,  provided such person acted in
      good faith and in a manner he reasonably believed to be in or not opposed to
      the
      corporation's best interests and, with respect to any criminal  action
      or proceeding,  had no reasonable cause to believe that his conduct
      was illegal.  A Delaware corporation
      may  indemnify  any person who is, or is threatened to be
      made, a party to any  threatened,  pending or
      completed  action or suit by or in the right of the corporation by
      reason of the
      fact  that  such  person  was a
      director,  officer, employee or agent of such corporation, or is or
      was serving at the request of such corporation as a
      director,  officer, employee or agent of another corporation or
      enterprise. The indemnity may include expenses (including attorneys' fees)
      actually and reasonably  incurred by such person in connection with
      the defense or settlement of such action or
      suit,  provided  such person acted in good faith and in a
      manner he reasonably believed  to be in or not opposed to the
      corporation's  best interests except that no indemnification is
      permitted without judicial approval if the officer or director is adjudged
      to be
      liable to the corporation.  Where an officer or director
      is  successful  on the merits or otherwise in the defense of
      any action referred  to  above,  the
      corporation  must  indemnify him against the expenses which
      such  officer or director has actually and reasonably incurred.
The
      Company's Second Amended and
      Restated Certificate of Incorporation provides for the indemnification of
      directors and officers of the Company to the fullest extent permitted by Section
      145.
In
      that regard, the Second Amended
      and Restated Certificate of Incorporation provides that the Company will
      indemnify any person who was or is a party  or
      is  threatened  to be made a party to any threatened,
      pending or completed action, suit or proceeding, whether civil, criminal,
      administrative or investigative (other than an action by or in the right of
      the  corporation) by reason of the fact that he is or was a director
      or officer of such  corporation, or is or was serving at the request
      of such corporation as a director, officer or member of
      another  corporation, partnership, joint venture, trust or other
      enterprise, against expenses (including attorneys' fees), judgments, fines
      and
      amounts paid in settlement actually and reasonably incurred by him in connection
      with such action, suit or  proceeding if he acted in good faith and in
      a manner he reasonably believed to be in or not opposed to the
      best  interests  of such
      corporation,  and,  with respect to any
      criminal  action or  proceeding, had no reasonable cause
      to  believe  his  conduct  was
      unlawful.  Indemnification  in connection  with an
      action or suit by or in the  right of such corporation  to
      procure a judgment in its favor is limited to payment
      of  settlement  of such an action or suit except that no
      such indemnification may be made in respect of any claim,  issue or
      matter as to which such person  will have been adjudged to be
      liable  for  negligence or misconduct  in the
      performance  of his duty to the indemnifying
      corporation  unless  and only to
      the  extent  that  the Court of Chancery of
      Delaware or the court in which such action or suit was brought determines that,
      despite the adjudication of liability but in  consideration of all the
      circumstances of the case, such person is fairly and reasonably entitled to
      indemnity for such expenses which the court deems proper.
Item
      7.  Exemption from Registration Claimed.
Not
      applicable.
Item
      8.  Exhibits.
The
      following exhibits are filed herewith or incorporated by reference as part
      of
      this Registration Statement.
5.1           
      Opinion of Dechert LLP (counsel to the Registrant).
23.1           
      Consent of Ernst & Young LLP.
23.2           
      Consent of Dechert LLP (contained in opinion filed as Exhibit 5.1 to
      thisRegistration Statement).
24           
      Power of Attorney (set forth on signature page of this Registration
      Statement).
Item
                9.
Undertakings
.
(a)           
      The undersigned registrant hereby undertakes:
1.           
      To file, during any period in which offers or sales are being made, a
      post-effective amendment to this registration statement:
i.           
      To include any prospectus required by section 10(a)(3) of the
      Securities Act of 1933;
ii.           
      To reflect in the prospectus any facts or events arising after the effective
      date of the registration statement (or the most recent post-effective amendment
      thereof) which, individually or in the aggregate, represent a fundamental change
      in the information set forth in the registration statement. Notwithstanding
      the
      foregoing, any increase or decrease in volume of securities offered (if the
      total dollar value of securities offered would not exceed that which was
      registered) and any deviation from the low or high end of the estimated maximum
      offering range may be reflected in the form of prospectus filed with
      the Commission pursuant to Rule 424(b) if, in the aggregate, the
      changes in volume and price represent no more than 20% change in the maximum
      aggregate offering price set forth in the "Calculation of Registration Fee"
table in the effective registration statement.
iii.           
      To include any material information with respect to the plan of distribution
      not
      previously disclosed in the registration statement or any material change to
      such information in the registration statement;
provided
      however, that paragraphs (a)(1)(i) and (a)(1)(ii) of this
      section do not apply if the registration statement is on Form S-8, and
      the information required to be included in a post-effective amendment by those
      paragraphs is contained in reports filed with or furnished to the Commission
      by
      the registrant pursuant to section 13 or section 15(d) of the
      Securities Exchange Act of 1934 that are incorporated by reference in the
      registration statement.
2.           
      That, for the purpose of determining any liability under the Securities Act
      of
      1933, each such post-effective amendment shall be deemed to be a new
      registration statement relating to the securities offered therein, and the
      offering of such securities at that time shall be deemed to be the initial
      bona
      fide offering thereof.
3.           
      To remove from registration by means of a post-effective amendment any of the
      securities being registered which remain unsold at the termination of the
      offering.
4.           
      That, for the purpose of determining liability under the Securities Act of
      1933
      to any purchaser:
i.           
      if the registrant is relying on Rule 430B (§230.430B of this
      chapter):
A.           
      each prospectus filed by the registrant pursuant to Rule 424(b)(3) shall be
      deemed to be part of the registration statement as of the date the filed
      prospectus was deemed part of and included in the registration statement;
      and
B.           
      each prospectus required to be filed pursuant to Rule 424(b)(2), (b)(5), or
      (b)(7) as part of a registration statement in reliance on
      Rule 430B relating to an offering made pursuant to Rule 415(a)(1)(i),
      (vii), or (x) for the purpose of providing the information required by
      section 10(a) of the Securities Act of 1933 shall be deemed to be
      part of and included in the registration statement as of the earlier of the
      date such form of prospectus is first used after effectiveness or the date
      of the first contract of sale of securities in the offering described in the
      prospectus. As provided in Rule 430B, for liability purposes of the issuer
      and any person that is at that date an underwriter, such date shall be deemed
      to
      be a new effective date of the registration statement relating to the securities
      in the registration statement to which that prospectus relates, and the offering
      of such securities at that time shall be deemed to be the initial bona fide
      offering thereof.  Provided, however, that no statement made in a
      registration statement or prospectus that is part of the registration
      statement or made in a document incorporated or deemed incorporated by reference
      into the registration statement or prospectus that is part of the
      registration statement will, as to a purchaser with a time of contract of sale
      prior to such effective date, supersede or modify any statement that was made
      in
      the registration statement or prospectus that was part of the registration
      statement or made in any such document immediately prior to such effective
      date;
      or
ii.           
      if the registrant is subject to Rule 430C, each prospectus filed pursuant
      to Rule 424(b) as part of a registration statement relating to an
      offering, other than registration statements relying on Rule 430B or other
      than prospectuses filed in reliance on Rule 430A, shall be deemed to be
      part of and included in the registration statement as of the date it is
      first used after effectiveness. Provided, however, that no statement made in
      a
      registration statement or prospectus that is part of the registration
      statement or made in a document incorporated or deemed incorporated by reference
      into the registration statement or prospectus that is part of the
      registration statement will, as to a purchaser with a time of contract of sale
      prior to such first use, supersede or modify any statement that was made in
      the
      registration statement or prospectus that was part of the registration
      statement or made in any such document immediately prior to such date of first
      use.
5.           
      That, for the purpose of determining liability of the registrant under the
      Securities Act of 1933 to any purchaser in the initial distribution of the
      securities: the undersigned registrant undertakes that in a primary offering
      of
      securities of the undersigned registrant pursuant to this registration
      statement, regardless of the underwriting method used to sell the securities
      to
      the purchaser, if the securities are offered or sold to such purchaser by means
      of any of the following communications, the undersigned registrant will be
      a
      seller to the purchaser and will be considered to offer or sell such securities
      to such purchaser:
i.           
      any preliminary prospectus or prospectus of the undersigned registrant relating
      to the offering required to be filed pursuant to Rule 424;
ii.           
      any free writing prospectus relating to the offering prepared by or on behalf
      of
      the undersigned registrant or used or referred to by the undersigned
      registrant;
iii.           
      the portion of any other free writing prospectus relating to the offering
      containing material information about the undersigned registrant or its
      securities provided by or on behalf of the undersigned registrant; and
iv.           
      any other communication that is an offer in the offering made by the undersigned
      registrant to the purchaser.
(b)           
      The undersigned registrant hereby undertakes that, for purposes of determining
      any liability under the Securities Act of 1933, each filing of the registrant's
      annual report pursuant to section 13(a) or section 15(d) of
      the Securities Exchange Act of 1934 (and, where applicable, each filing of
      an
      employee benefit plan's annual report pursuant to section 15(d) of the
      Securities Exchange Act of 1934) that is incorporated by reference in the
      registration statement shall be deemed to be a new registration statement
      relating to the securities offered therein, and the offering of such securities
      at that time shall be deemed to be the initial bona fide offering
      thereof.
(h)           
      Insofar as indemnification for liabilities arising under the Securities Act
      of
      1933 may be permitted to directors, officers and controlling persons of the
      registrant pursuant to the foregoing provisions, or otherwise, the registrant
      has been advised that in the opinion of the SEC such indemnification is against
      public policy as expressed in the Act and is, therefore, unenforceable. In
      the
      event that a claim for indemnification against such liabilities (other than
      the
      payment by the registrant of expenses incurred or paid by a director, officer
      or
      controlling person of the registrant in the successful defense of any action,
      suit or proceeding) is asserted by such director, officer or controlling person
      in connection with the securities being registered, the registrant will, unless
      in the opinion of its counsel the matter has been settled by controlling
      precedent, submit to a court of appropriate jurisdiction the question whether
      such indemnification by it is against public policy as expressed in the Act
      and
      will be governed by the final adjudication of such issue.
SIGNATURES
The
      Registrant.
Pursuant to the requirements of the Securities Act
      of 1933, the Registrant certifies that it has reasonable grounds to believe
      that
      it meets all of the requirements for filing on Form S-8 and has duly caused
      this
      Registration Statement to be signed on its behalf by the undersigned, thereunto
      duly authorized, in the city of Memphis, State of Tennessee, on this 17th day
      of
      June 2008.
BUCKEYE
      TECHNOLOGIES INC.
By:
/s/ John
                B.
                Crowe
John
      B.
      Crowe
Chief
      Executive Officer