Etiket: Resolute
Greenpeace attacks important Domtar and Resolute certification
The existing links between the buyer of Resolute and a company already excluded from FSC environmental certification, Asia Pulp & Paper, lead Greenpeace to request the exclusion of Paper Excellence…
Due to forest fires, the Resolute plant in La Doré, in Lac-Saint-Jean, is suspending its activities
The fires ravaging the forests in Nord-du-Québec are disrupting operations at the Résolu plant in La Doré, in Saguenay–Lac-Saint-Jean. The impossibility of obtaining wood supplies due to the raging fires…
Resolute Forest Products sells its Thunder Bay pulp and paper mill
(Montreal) Resolute Forest Products, a subsidiary of Domtar which is part of Groupe Papier Excellence, has signed an agreement to sell its pulp and paper mill in Thunder Bay, Ontario,…
Resolute Forest Products | A “frontage” for an Asian giant with a poor environmental record
The owner of Resolute Forest Products serves as a “front” for an Asian conglomerate with a poor environmental record, which has used this “sleight of hand” to establish itself as…
Domtar must sell two plants to buy Resolute
The Competition Bureau said Thursday that it has approved with conditions the acquisition of Resolute Forest Products by Domtar, a wholly-owned subsidiary of Excellence Paper of British Columbia. The office…
Purchase of Resolute Forest Products | Domtar will have to sell two plants in Ontario
The Competition Bureau said Thursday that it has approved with conditions the acquisition of Resolute Forest Products by Domtar, a wholly-owned subsidiary of Excellence Paper of British Columbia. Posted at…
Groupe Papier Excellence purchase offer | A consolation prize for Resolute shareholders
(Montreal) The leaders of Resolute wanted to obtain a higher offer from Papier Excellence, which refused to pay more. However, they have won a consolation prize that takes an unusual…
Resolute shareholders accept the offer from Papier Excellence
(Montreal) The shareholders of Resolute Forest Products have agreed to the acquisition offer of 2.7 billion Groupe Papier Excellence, Monday during a virtual meeting. Posted at 10:36 a.m. Updated at…
Sale of Resolute to Asian interests | Better hopes for factory conversions
It’s a head office that is coming under foreign control, but in the fold of Paper Excellence, the opportunities for converting factories will probably be greater for Resolute Forest Products,…
Tentative agreement ratified by Unifor at Resolute sawmills
(Montreal) Unifor union members have just approved 67% of their new four-year contract for the eight Resolute Forest Products sawmills. Posted at 12:09 p.m. Lia Levesque The Canadian Press The…
Tentative agreement at eight Resolute sawmills
(Montreal) An agreement in principle has been reached regarding the renewal of collective agreements for some 1,000 employees who work in eight Resolute Forest Products sawmills in Quebec. Posted at…
Sale of Resolute Forest Products: the latest in a long series of losses of control
The sale of Resolute Forest Products – formerly Abitibi-Price – is just the latest example in a long line of major Quebec forestry companies recently taken over by out-of-province interests.…
Excellence Paper acquires Resolute Forest Products
Domtar Corporation, a subsidiary of British Columbia-based Excellence Paper Group, announced on Wednesday the acquisition of all of the outstanding common shares of Resolute Forest Products. The transaction is valued…
Domtar acquires Resolute Forest Products
(Montreal) Domtar Corporation, a subsidiary of the British Columbia-based Excellence Paper Group, announces Wednesday the acquisition of all of the outstanding common shares of Resolute Forest Products. Posted at 7:22…
Unifor union reaches tentative agreement with Resolute Forest Products
The Unifor union announced on Sunday that it has reached a tentative agreement with Resolute Forest Products for the forest industry’s new model collective agreement. Posted at 1:18 p.m. Terms…
Resolute Forest Products rebounds from tough year-end
(Montreal) Rising lumber prices benefited Resolute Forest Products in the first quarter of 2022, as the company posted an operating profit of $235 million. Posted at 8:30 a.m. The company,…
Bargaining for 15,000 members in Eastern Canada: Unifor chooses Resolute
(Montreal) The big union Unifor has appointed Resolute Forest Products to negotiate the model labor contract that will be used for talks in the paper industry in eastern Canada and…
In one year, Resolute Forest Products has increased its loss
Resolute Forest Products suffered a net loss of $128 million, or $1.64 per share, for the quarter ended Dec. 31. A year earlier, for the corresponding period, the company’s loss…
Compensatory taxes | Resolute will be able to pass the bill on to its American customers
(Montreal) The strength of the price of wood will translate for Resolute Forest Products into a significant increase in compensatory taxes imposed by the American government, assures Rémi Lalonde, its…