What does the company Domtar do?
WITH UNMATCHED INDUSTRY KNOWLEDGE, DOMTAR HAS BEEN A TRUSTED AND INNOVATIVE PULP SUPPLIER FOR MORE THAN 60 YEARS. We are one of the world’s largest producers of market pulp used to make paper, tissue, towels, diapers, personal hygiene items and fiber-reinforced materials.
What kind of company is Domtar?
Domtar Corporation is a Canadian company that manufactures and markets wood fiber-based paper and pulp product.
Where is Domtar headquarters located?
Fort Mill, SCDomtar / HeadquartersFort Mill, also known as Fort Mill Township, is a town in York County, South Carolina, United States. It is a suburb of Charlotte, North Carolina. As of 2019, approximately 22,284 people live inside the town’s corporate limits. Wikipedia
Is Domtar shut down?
Domtar said plant will officially close on October 8th, 2020. “Repurposing the Kingsport mill provides Domtar with the best strategic entry point into a growing market with a very competitive, low-cost asset and represents a first step to building a large and cost-competitive business,” said Mr. Williams.
Who owns Domtar?
Karta Halten B.V.Domtar / Parent organization
Who purchased Domtar?
Domtar’s acquisition by Paper Excellence is complete, beginning a new chapter in Domtar’s 173-year story. The transaction, completed Tuesday, makes Domtar a part of the Paper Excellence group of companies, and Domtar stock will no longer be traded on public exchanges.
Is Domtar being sold?
Paper Excellence has acquired Domtar in an all-cash deal, worth $3 billion U.S. Domtar and all of its properties have been sold to Canadian processing rival Paper Excellence, in a $3 billion U.S. all-cash deal. The sale is expected to close in the second half of 2021.
Has Domtar been sold?
Paper Excellence, a global manufacturer of pulp and printing, writing, specialty, and packaging papers, has acquired Domtar, the largest integrated producer of uncoated free-sheet paper in North America, for $55.50 per share. The all-cash transaction represents an enterprise value of approximately (US)$3 billion.
What does Domtar company do?
DOMTAR INC. Domtar is one of Canada’s leading suppliers of pulp and paper products. With a network of facilities across the country, Domtar is involved in every aspect of the pulp and paper business, from logging to pulp production and from manufacturing to selling fine papers and newsprint.
What is Domtar’s Windsor Mill?
Domtar’s Windsor Mill is the last fully integrated paper mill in Canada with 400,000 acres of forest lands surrounding the mill. It produces bleached hardwood wet-lap market pulp; and uncoated freesheet paper and is known for its innovative approach to sustainability.
What is Domtar’s sustainability program?
Sustainability at Domtar is our endeavor to take a longer-term view of creating and preserving value for our shareholders, customers, employees and communities. We are dedicated to investing in the communities where we live and work and to help people in times of need.
What happened to Domtar?
When the Argus Corporation, for many years owner of about 20% of Domtar’s stock, decided to sell its Domtar holdings they were quickly snapped up by MacMillan Bloedel, a west-coast paper competitor of Domtar’s. MacMillan then made an offer for Domtar’s remaining shares, which elicited a counteroffer by Domtar for all of MacMillan’s stock.