Has Domtar been sold?
Has Domtar been 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.
Is Domtar shut down?
Domtar Paper Mill Company permanently shut down its operations on the A62 paper machine at the Ashdown mill back in August due to cost-cutting measures in response to the economic slowdown caused by the COVID-19 pandemic. 109 were laid off.
When did Domtar 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 in Ashdown?
Paper Excellence
Paper Excellence, a global diversified manufacturer of pulp and specialty, printing, writing, and packaging papers, announced Tuesday that they have entered into a strategic business agreement to acquire all of the issued and outstanding shares of Domtar common stock for $55.50 per share, in cash.
Who bought Domtar Kamloops?
Kruger Inc. of
Kruger Inc. of Montreal will be the new owner of the pulp mill in Kamloops. On May 11, 2021, Richmond-based Paper Excellence and Domtar, based in Montreal and Fort Mill, S.C., reached an agreement for Paper Excellence to purchase Domtar for $55.50 per share, a deal worth about $3 billion in United States currency.
Who bought Domtar in Kingsport TN?
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.
How many employees does Domtar have?
Our Company Approximately 6,400 employees make our products at 21 manufacturing facilities located around the world.
Who owns Kamloops pulp mill?
KAMLOOPS, B.C., June 1, 2022 /PRNewswire/ – Kruger is pleased to announce that its affiliate Kruger Specialty Papers Holding L.P. today completed the acquisition of Domtar’s pulp mill in Kamloops, British Columbia.