Paper Excellence Group announced the operational integration of the recently acquired Domtar Corporation (and other legal entities) and Resolute Forest Products with the legacy Paper Excellence business, forming a leading, unified forest products company in North America. This integration represents a strategic alignment of the companies' strengths, resources and expertise, creating a stronger organization poised for future growth and innovation, while maintaining the highest levels of environmental stewardship. Together, the companies will now be doing business as Domtar.
"Today marks a new and important chapter in Domtar's journey, representing the bright future ahead of us," said John D. Williams, non-executive chairman of the Management Board of Domtar (and its sister organizations). "As a fully integrated company, we are better positioned to deliver for our customers, strengthen relationships with our key stakeholders and drive innovation across our industry. As a result of the integration, we now have a company that boasts the best of our three legacy companies and is poised to pursue and achieve future growth and success. Our new brand is a reflection of our shared mission to lead with purpose and impact."
Domtar will continue to serve pulp, paper, packaging, tissue and wood products markets, leveraging its expanded capabilities to offer enhanced products and services to clients worldwide.
Domtar will maintain its corporate offices in Fort Mill, South Carolina, Richmond, British Columbia, and Montreal, Quebec. There will be no changes to the company's physical location or production footprint as a result of this announcement.
Domtar is a leading, privately held manufacturer of diversified forest products, with a workforce of about 14,000 employees in more than 60 locations across North America.
