2023-08-02 15:31
CA Gov Approves Domtar Mills Buyers to Ease Canada's Pulp Competition
Competition Bureau Canada The Competition Bureau has approved independent buyers of two of Domtar Corporation's mills in Ontario: Dryden Fibre Canada, ULC, an affiliate of First Quality Enterprises, LLC as the buyer of Domtar's pulp mill in Dryden; and Atlas Holdings LLC as the buyer of Domtar's pulp and paper mill in Thunder Bay. Following a review of Domtar's acquisition of Resolute Forest Products Inc, the Bureau registered an agreement in December 2022 requiring the sale of the mills. The Bureau review concluded that the merger of Domtar and Resolute would likely lessen competition substantially in the supply of northern bleached softwood kraft (NBSK) pulp in Eastern and Central Canada, and in the purchase of wood fibre from private lands in northwestern Ontario.
https://www.miragenews.com/ca-gov-approves-domtar-mills-buyers-to-ease-1058783/
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https://www.miragenews.com/ca-gov-approves-domtar-mills-buyers-to-ease-1058783/
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