Canfor Subsidiary Closes Acquisition of Strategic Assets

We are announcing a US$70/MT (45 gsm) newsprint price increase to be phased in over two months. The price will increase by US35/MT (45 gsm) effective with shipments on or after April 1, 2018 and a second US$35/MT (45 gsm) will be implemented on shipments on or after May 1, 2018. The transaction price for all other basis weights and other Uncoated Groundwood products (Krubook and Krubrite) will be adjusted accordingly.

Resolute Forest Products Inc. announced major investments totaling $12,956,700 in its La Doré wood products facilities, located in the Lac-Saint-Jean region of Quebec. The announcement was made during a press conference attended by Quebec Premier Philippe Couillard, as well as dignitaries and company employees. The investments will be used to integrate new technologies into the manufacturing processes in order to sustain the facilities' continuously enhanced performance in an ever-changing competitive environment. Also through these investments, energy efficiency will be improved as operational processes are modernized. Click Read More below for additional information.

With the increasing cost of school supplies, the start of a new school year can be a stressful — and expensive — time for families and teachers alike. With rising prices affecting every household, school supply donations can help bridge the gap and ensure that every student and teacher has what they need for academic success. The average U.S. household will spend around $875 on school supplies during the 2024 back-to-school season, and more than 90 percent of teachers spend their own income on supplies for their classrooms. This year, to assist students and educators in their communities, employees at Domtar’s North American locations engaged in local school supply drives and fundraising events. We also continued our partnerships with customers like ODP Corporation and organizations like Classroom Central to give back to our communities.