Earlier this week, the European Commission issued a public notification that it had received notice of the proposed transfer of ownership of Asia Pulp & Paper Group (“APP”) to Jackson Wijaya, the founder and sole owner of Domtar. This transfer, once completed, will be the outcome of normal course succession planning by Jackson Wijaya’s father, Oei Tjie Goan, which is particularly prevalent among families of Indonesian and other Southeast Asian entrepreneurs, like the Wijayas. As is well known, Jackson Wijaya comes from an entrepreneurial family, spanning generations. Jackson decided to follow the family tradition of launching his own independent business. Having attended the University of Michigan, Jackson was familiar with North America and felt that it was the right place to branch out on his own, founding what is now known as Domtar. Fast-forward several years, under Jackson’s ownership the company has grown from a few assets to an institution with a significant presence in Canada and the United States, as well as operations in France and Brazil.

Drytac, the leading international manufacturer of self-adhesive materials for the large-format print and signage markets, is delighted to announce that it will demonstrate a range of its market-leading solutions at the upcoming PRINTING United Expo 2023. Taking place from October 18-20 at the Georgia World Congress Center in Atlanta, Georgia, PRINTING United will welcome thousands of visitors from all corners of the printing market, as well as attendees from related industries. Drytac will have a heavy presence throughout the event; running its own dedicated booth, working with partner companies, and taking part in special features, maximizing the opportunity to connect with a highly diversified audience.

Kimberly-Clark Corporation announced that it has completed its acquisition of a majority stake in Thinx, Inc., an industry disruptor and the leader in reusable period and incontinence underwear category. The company made an initial minority investment in Thinx in 2019. "Our investment in the success of Thinx represents a compelling strategic fit as we build our portfolio of period and light bladder leakage solutions, and we are excited for the opportunity this expanded partnership will provide to both Kimberly-Clark and Thinx," said Russ Torres, Group President of Kimberly-Clark's North American consumer business. "The investment in Thinx paves the road for collaboration and allows us to work together to drive category growth with our retail partners while continuing to support Thinx in direct-to-consumer channels."