Xerox Declares Dividend on Common and Preferred Stock

Resolute Forest Products Inc. announced the closing of a transaction to acquire the 49 percent equity interest held by The New York Times Company in Donohue Malbaie Inc. for a cash purchase price in the amount of C$20 million. Resolute already owned 51 percent of the shares of Donohue Malbaie. Donohue Malbaie owns and operates a paper machine with an annual production capacity of 224,000 metric tons of newsprint in Clermont (Quebec). The Clermont operation, which employs 153 workers, also houses all the equipment that produces the thermomechanical pulp supplying the machine. With this transaction, Resolute becomes sole owner of the Clermont operation. Click Read More below for additional information.

Due to the increase of costs for raw materials, especially for pulp, and for chemicals and logistics, Papierfabrik Koehler will raise its prices for reacto® carbonless paper in Latin America. The increase will be 8 – 12% and will be effective for deliveries ex mill from Mai 1st, 2018 onwards.

Paper Excellence Canada is very pleased to announce today that it has been named as a Finalist for the fourth annual Foresight Canada BC Cleantech Awards. Paper Excellence Canada is a finalist in the Corporate Pioneer of the Year category, which features large organizations or companies adopting, championing, or leading sustainable practices in their industry. Paper Excellence Canada stands alongside other well-known finalists in this category, including FortisBC, Port of Vancouver, Shell Canada, and Copper Mountain Mining Corporation. “We are very excited and honoured to be a Finalist for this year’s BC Cleantech Awards, and we look forward to the awards event on March 30th,” said Stew Gibson, Chief Operating Officer for Paper Excellence Canada. “To be nominated as a finalist in this category confirms the work we are doing as a company, like investing in cleantech, improving our operations and developing innovative low-carbon products, is making an impact towards meeting global climate objectives.”