Irving to Increase SC Prices 7/1/18

Paper Excellence Group announced the operational integration of the recently acquired Domtar Corporation 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. Domtar’s new brand identity symbolizes the combined legacy, shared values and forward-looking vision of the three organizations. The new logo reflects the spirit of collaboration, sustainability and commitment to excellence that will define Domtar’s future. The inclusion of a seedling in the logo represents the company’s commitment to nurturing potential and fostering growth, symbolizing the start of something new and the continuous journey toward flourishing success. It also signifies an important evolution, capturing the essence of the gradual development of our legacy companies and the natural progression from a small, humble beginning to a thriving, mature global organization.

Financial summary for the quarter *EBITDA excluding special items US$167 million (Q2 FY22 US$337 million) *Net debt of US$1,225 million (Q2 FY22 US$1,793 million) *Profit for the period US$69 million (Q2 FY22 US$188 million) *EPS excluding special items 11 US Cents (Q2 FY22 35 US Cents)

Twin Rivers Paper Company LLC announced that it completed the acquisition of the paper mill located in Pine Bluff, Arkansas. Twin Rivers, headquartered in Madawaska, Maine, produces specialty packaging, label, publishing, and technical specialty papers as well as dimensional lumber. It is owned jointly by Atlas Holdings LLC and Blue Wolf Capital. The mill acquired under this agreement produces Multiwall, Converting and Bag grade unbleached kraft papers serving a variety of food, agricultural, and industrial applications. With basis weights between 40# and 78#, the mill has a capacity in excess of 140,000 US short tons. This acquisition marks Twin Rivers’ second investment in packaging and technical markets in recent years, following the purchase of the paper manufacturing assets of the Burrows Corporation in 2016. Click Read More below for additional information.