Domtar

Domtar's Engineered Absorbent Materials facility in Jesup, Georgia completed a $90 million project adding an airlaid production line and 75 jobs, celebrated with a ribbon-cutting on May 23, 2023.

The Canadian Commissioner of Competition filed a consent agreement for the Paper Excellence Group's subsidiary Domtar to acquire all outstanding shares of Resolute Forest Products at $20.50 per share plus a contingent value right tied to duty deposit refunds of up to $500 million. Closing is expected in the first half of 2023.

Paper Excellence Group, through Domtar, agreed to acquire all outstanding shares of Resolute Forest Products for $20.50 per share plus a contingent value right tied to potential duty deposit refunds of up to $500 million. Resolute will remain a subsidiary operating under its own name.

Paper Excellence has completed its acquisition of Domtar, which becomes part of the Paper Excellence group and is no longer publicly traded. Domtar will operate as a stand-alone entity with its current management in place.

ANDRITZ was selected by Domtar to supply equipment and technical services for converting a power boiler and a recovery boiler at Domtar's Kingsport paper mill in Tennessee into a packaging facility.

Domtar will invest more than $60 million to expand its Engineered Absorbent Materials manufacturing operations in Jesup, Georgia, adding a large-scale airlaid nonwoven production line and 75 jobs. The expansion is expected to increase exports through the Port of Savannah by 60%.

Voith has been contracted by Domtar to deliver equipment and technical services for converting the paper machine at its Kingsport mill in Tennessee to recycled containerboard. The mill is expected to be complete in 2022 and will produce 600,000 tonnes of linerboard and corrugated medium per year.