Paper Excellence to buy Domtar for $3B | Q1 dips for Kruger, Cascades

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News

Paper Excellence to acquire Domtar in $3B deal

Paper Excellence, headquartered in B.C., will buy the U.S.-based Domtar shares for $55.50 each. » Read More

Northern Pulp withdraws EA application, will redevelop plans

The company says it is creating a new plan for the kraft pulp mill after engaging with stakeholders since the mill closed in January 2020. » Read More

Kruger Products sees revenue dip in Q1 2021 as tissue demand evens out

KP Tissue (KPT) has released the Q1 2021 results for KPT and Kruger Products L.P. (KPLP), citing a revenue dip of 17.3 per cent compared to the year-ago period for KPLP. » Read More

Cascades posts sales decrease in Q1 2021 over last quarter, year-ago

Cascades has reported sales of $1.18 billion in its first-quarter 2021 results, a five per cent decrease over Q4 2020 and seven per cent decrease over the year-ago period. » Read More

2-DAY ONLINE AUCTION - CASCADES TISSUE CONVERTING FACILITY

Over 1,500 Lots! Surplus to the ongoing operations of Cascades Tissue Group. Auction closes Thurs/Fri June 3rd/4th 11 AM ET. Featuring: BRETTING, PCMC, KUO’S GANG Tissue Converting Equipment for Bath Tissue, Paper Towels, Napkins & Facial Tissue ● Core Making Equipment ● $2MIL+ Stores/Bearings/Spare Parts, Motors, Pumps, Electrical, Wire ● Conveyor ● Printers ● Balers ● Case Packers ● Compressors ● Rolling Stock ● Machine Shop ● More ASSET LOCATION: Pittston, Pennsylvania, USA BID ONLINE at BidSpotter.com Sale Conducted by: INFINITY ASSET SOLUTIONS » Learn more

FROM OUR NEW ISSUE

Tomorrow’s tissue technology trends

PaperWeek Canada's tissue track focused on innovations in pulp types, release agents and strength additives. Writer Martin Fairbank explores the show's technical tissue sessions. » Read more

NEWS

Paper Excellence details improvements after levies at Skookumchuck Pulp

The company has released a statement about improvements it has made at Skookumchuck Pulp after the province of British Columbia levied fees against the mill. » Read more

Domtar sees some rebound in Q1 2021, posts net loss of $29M

Domtar Corporation has reported a net loss of $29 million ($0.54 per share) for the first quarter of 2021. » Read more

Feds open call for proposals for Indigenous Forestry Initiative

The federal government is looking to invest in projects that will create opportunities for increased Indigenous participation in the forest industry and bioeconomy. » Read more

Ontario asks for public review of draft Forest Biomass Action Plan

After the release of Ontario’s Forest Sector Strategy in August 2020, the province created a working group of members from the forest biomass supply chain to develop the plan. » Read more

Kemira receives patent for packaging strength and lightweighting solution

Kemira has received patents for its solutions for fibre-based packaging grades in the U.S. and Canada. » Read more