Supremex on May 8 announced the acquisition of the assets of Graf-Pak Inc., a provider of folding carton packaging solutions to a variety of commercial markets. The transaction was concluded for a total consideration of approximately $6.0 million, on a cash-free and debt-free basis, subject to customary adjustments, financed through the company’s existing credit facility. […]
Tag Archives: Quebec
04
Apr
Apr
As Resolute’s new cellulose filaments plant at our Kénogami (Saguenay, Quebec) paper mill nears completion, the company is focusing on bringing commercial volumes of this innovative biomaterial to the marketplace. Working closely with key partners Performance BioFilaments and FPInnovations, and through the continued support of the ministère des Ressources naturelles et des Forêts du Québec […]
25
Mar
Mar
Twin Rivers Paper Company, a leading producer of specialty and kraft paper products, announced that it has finalized the sale of Plaster Rock Lumber Corporation, its softwood lumber mill in Plaster Rock, New Brunswick, to eastern Canadian lumber manufacturer and North American forest products leader Groupe Lebel. The sale advances Twin Rivers’ strategy of investing […]
19
Mar
Mar
GreenFirst Forest Products Inc. announced that it has completed the previously announced sale of its La Sarre and Béarn sawmills, Abitibi and Témiscamingue forestry operations, as well as their related assets and business operations to Chantiers Chibougamau Ltée, for a total purchase price of approximately $94 million, subject to final adjustments. “We thank Chantiers Chibougamau […]
08
Jul
Jul
The Paper Excellence Group (the “Group”), through its wholly-owned subsidiary Domtar Corporation (“Domtar”), a global diversified manufacturer of pulp and specialty, printing, writing, and packaging papers, and Resolute Forest Products Inc. Resolute, a global forest products company, have entered into an agreement under which Domtar will acquire all of the outstanding common shares of Resolute […]
31
Dec
Dec
Kruger Products recently announced that it will double the size and production of its future LDC tissue machine in the Brompton borough of Sherbrooke. The machine is slated to be commissioned in 2024. After revealing on February 26, 2021, a $240-million expansion project to install the machine and add two converting lines, the Company announced […]
22
Dec
Dec
Nordic Paper Holding AB agreed to acquire Glassine Canada Inc., a specialized manufacturer of demanding greaseproof paper grades primarily for food applications. With the acquisition, Nordic Paper strengthens its presence in North America, the largest greaseproof paper market in the world. The preliminary purchase price for Glassine Canada Inc. on a cash and debt free […]
12
Nov
Nov
Sustana Fiber recently installed a brand new high-capacity shredding machine at its Breakeyville mill in Quebec, which will improve the recycling process for aseptic and gable top containers, also known as multilayer cartons, such as milk and juice cartons. The new shredder supports Sustana Fiber’s commitment to realize a zero-waste future and invest in the […]
19
Jun
Jun
Resolute Forest Products recently announced additional capital investments of $50 million in its wood products operations to support its continued growth, and it confirmed the repayment of all amounts outstanding under its revolving and term credit facilities, reducing debt by $180 million in the second quarter. “The cash generated with our lumber platform in these […]