What happened to Domtar?
Acquisition by Paper Excellence On May 11, 2021, Western Canadian forest products company Paper Excellence announced that it was acquiring Domtar Corp. for US$2.8-billion.
Is Domtar Canadian or American?
We established our headquarters in Montreal, Quebec, in 1914, incorporated as a Canadian company 15 years later, and sold shares to the public. We grew into one of Canada’s largest companies, with business interests ranging from chemicals to fine paper, consumer products to packaging. We became known as Domtar Ltd.
Who owns Domtar?
Paper Excellence
Paper Excellence, a global manufacturer of pulp and printing, writing, specialty, and packaging papers, has acquired Domtar, the largest integrated producer of uncoated free-sheet paper in North America, for $55.50 per share.
How many mills is Domtar?
Our network of 12 pulp and paper mills and 9 manufacturing and converting facilities gives us approximately 2.7 million tons of papermaking capacity and 1.5 million air-dried metric tons (ADMT) of market pulp capacity annually to help us to serve our customers, support our employees and strengthen our communities.
What products does Domtar make?
Our Brands
- Xerox® Paper and Specialty Media.
- Lettermark™ Office Paper.
- EarthChoice® Office Paper.
- Cougar®
- Lynx®
- Husky®
Where is Domtar headquarters located?
Fort Mill, South Carolina, United States
Domtar/Headquarters
Is Domtar being sold?
Domtar sold to Richmond-based Paper Excellence for close to $3 billion. It appears Domtar will be going private. The publicly-traded company, which owns the pulp mill in Kamloops, has been sold to Paper Excellence for about $3 billion. Reports indicate the deal is worth $2.8 billion.
What manufactures Domtar?
PULP
WITH UNMATCHED INDUSTRY KNOWLEDGE, DOMTAR HAS BEEN A TRUSTED AND INNOVATIVE PULP SUPPLIER FOR MORE THAN 60 YEARS. We are one of the world’s largest producers of market pulp used to make paper, tissue, towels, diapers, personal hygiene items and fiber-reinforced materials.
When did Domtar Cornwall close?
March 31, 2006
I was 15 years old at the time, and although I was a young high school student with only friends and homework to worry about, even I was aware of the tragic news for many families throughout our city: Domtar would be closing permanently on March 31, 2006.
Who bought Domtar Kamloops?
KAMLOOPS — B.C. based Paper Excellence has announced it is has reached a deal to acquire Domtar for approximately $3 billion USD. In a release from Paper Excellence today (May 11), the company says it will keep operations of Domtar as a stand-alone business entity.
Who bought Domtar Espanola?
Text: SUDBURY — A Canadian company has reached a deal to buy U.S.-based Domtar, which operates mills in Espanola and Dryden. According to a Bloomberg report, the all-cash sale will see Paper Excellence buy all Domtar holdings for US$2.8 billion.
When is Domtar going into the packaging business?
In late 2022, Domtar will enter the PACKAGING business with the conversion of our Kingsport, Tennessee, paper mill. The facility will produce approximately 600,000 tons of high-quality, recycled linerboard and corrugated medium annually from 100 percent recycled content.
Where did Domtar pulp mill get its funding?
KAMLOOPS — One of 24 projects who received funding from the B.C. government’s Supply Chain Resiliency Grant program is centred in Kamloops. Domtar Pulp Mill received $194,000 from the province. The program funded a grant of up to $400,000 to organizations with wide-ranging projects that focus on improving B.C.’s manufacturing ecosystem.
Where is the Domtar office in Fort Mill SC?
Corporate Office – USA. 234 Kingsley Park Drive. Fort Mill, SC 29715. USA. +1 803-802-7500. [email protected].
What do you need to know about the Domtar newsroom?
The Domtar Newsroom is home to informative and inspiring stories about Domtar – our people, our products, our industry and our communities. Created as a resource for engaging, educational and inspiring information about the world of paper, this site includes our blog that focuses on the latest trends in paper, print and design.