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Paper Excellence, headquartered in B.C., will buy the U.S.-based Domtar shares for $55.50 each.
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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.
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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.
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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.
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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
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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.
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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.
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Domtar Corporation has reported a net loss of $29 million ($0.54 per share) for the first quarter of 2021.
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The federal government is looking to invest in projects that will create opportunities for increased Indigenous participation in the forest industry and bioeconomy.
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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.
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Kemira has received patents for its solutions for fibre-based packaging grades in the U.S. and Canada.
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