Who did Domtar sell to?
On May 11, 2021, Western Canadian forest products company Paper Excellence announced that it was acquiring Domtar Corp. for US$2.8-billion.
What year did Domtar in Cornwall Close?
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. On Dec. 9, 2004, Domtar Inc.
What does Domtar produce?
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.
Did Domtar get bought out?
(WJHL) – Domtar will be acquired by a paper manufacturing company in a deal representing three billion dollars. According to a release from Domtar’s newsroom, Paper Excellence and Domtar entered an agreement which resulted in all of Domtar’s shares of common stock. They were purchased at a rate of $55.50 per share.
Who makes Domtar paper?
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.
Who bought Domtar Kingsport?
Domtar to be acquired by paper manufacturer after entering $3B agreement, all operations to continue. KINGSPORT, Tenn. (WJHL) – Domtar will be acquired by a paper manufacturing company in a deal representing three billion dollars.
Who bought Domtar Kamloops?
On May 11, 2021, Paper Excellence and Domtar, based in Montreal and Fort Mill, S.C., reached an agreement for Richmond-based Paper Excellence to purchase Domtar for $55.50 per share, a deal worth about $3 billion in United States currency.