Industry News

A cabinet shuffle in Quebec brings Luc Blanchette to the post of Minister of Forestry, Wildlife and Parks. Blanchette was formerly the minister responsible for mines.
Giovanni Iadeluca, CEO of the AV Terrace Bay pulp mill in Ontario, has resigned from the organization to pursue another opportunity.
Domtar is once again expanding its personal care business, with the acquisition of Home Delivery Incontinent Supplies Co., a national direct-to-consumer provider of adult incontinence and related products.
The Ontario government is investing $4.5 million to help FPInnovations and Resolute Forest Products establish a fully functioning bio-refinery plant in Thunder Bay, Ont.
Tolko Industries announced today that it will close its Manitoba operations on December 2, 2016. The facilities in The Pas, Man., include an inactive sawmill, a chipping operation and a kraft paper mill, employing about 330 people.
Finnish board maker Metsä Board is exiting from several unprofitable paper businesses, and has concentrated the company’s production in linerboard and folding boxboard.
Cascades has taken a majority interest in Longhorn Paper Converting, a tissue converting plant in Grand Prairie, Texas.
TAPPI’s new online forum, TAPPI Connect, provides an online resource for members, non-members, and volunteers to collaborate, share knowledge and expand their personal and professional networks.
The four largest shareholders of Catalyst Paper have extended the deadline for Kejriwal Group International to sign a definitive agreement to acquire the B.C. papermaker. An amendment to the previously announced support agreement extends the deadline for a deal to October 25, 2016, but maintains December 15, 2016 as the deadline to complete a transaction.
For environmental engineering student Danielle Amaral, striving towards a sustainable and environmentally conscious lifestyle is one of her top priorities.
Fortress Paper Ltd. is continuing to focus on cost reductions, production improvement and power generation to improve margins at its Fortress Specialty Cellulose (FSC) mill in Thurso, Que.
Second quarter operating results for Catalyst Paper were negatively impacted by the stronger Canadian dollar, lower production and sales volumes, the continued impact of the countervailing duty (CVD) on exports to the United States of supercalendered paper, and higher maintenance and power costs for the Canadian operations.
Resolute Forest Products Inc. recorded an operating loss of US$18 million for the second quarter, compared to operating income of US$16 million in the year-ago period. Key to the quarter's reported performance was a non-recurring US$37 million closure and impairment related charge, almost all of which resulted from the permanent shutdown of a newsprint machine at the Augusta facility during the quarter.
Fortress Paper Ltd. and its subsidiaries have successfully closed the asset purchase agreement entered into with LSQ Energy, L.P. and LSQ Development, L.P., previously announced on June 23, 2016.
Domtar reported net earnings of US$18 million for the second quarter of 2016 compared to net earnings of US$4 million for the first quarter of 2016 and net earnings of US$38 million for the second quarter of 2015. Sales for the second quarter of 2016 were US$1.3 billion.
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