Domtar Paper

Quebecor World Endures Loss MONTREAL—Embattled printing giant Quebecor World was socked with a loss of $21.1 million for the second quarter, or 20 cents a share. That is more than three times the $6.5 million (11 cents) net loss from the same period in 2006. Even so, Wes Lucas, Quebecor World president and CEO, reported that the North American operations produced significantly improved earnings, especially in the book and magazine divisions, where the firm’s retooling and restructuring program has been completed. Fire Strikes NJ Newspaper TRENTON, NJ—Contractors dismantling a printing press at The Times of Trenton accidentally ignited a fire, that newspaper reported. There were no injuries

MONTREAL—Domtar Corp. announced it is permanently closing its paper mill in Gatineau, Quebec and a converting center in Ottawa. The company is also shutting down paper machines at its Woodland mill in Baileyville, ME, and Port Edwards, WI, mill. The moves stem from a review of Domtar’s overall production capacity.The company cited excess capacity and…

Is it recycled? Is it recyclable? Does the mill use energy efficiently? What about clean air and water? What about sustainable forestry? Should I buy from a printer who uses soy inks? Should I buy from a printer who’s close by so that there is less energy used in delivering my print job? What about global warming? These are excellent questions, and clearly it’s not just about recycling. Fortunately, help is on the way. Three years ago, I conducted market research on environmentally preferred papers (EPP). I went to Seattle because I expected the Pacific Northwest to be especially sensitive to environmental issues but,

Newspaper Expands Capacity CHEYENNE, WY—The Wyoming Tribune-Eagle shelled out $14 million for the expansion of the company’s headquarters and production center here. The improvements are scheduled around the installation of a MAN Roland Uniset 75 web press, which is slated to be delivered next January. The Tribune-Eagle is Wyoming’s second-largest daily newspaper. Press Worker Suffers Injury PITTSBURGH—A man had to be rescued from the printing press at Liberty Pittsburgh Systems on Neville Island March 12 after catching his hand between the machine’s rollers. The unidentified man, in his early 50s, got his hand caught around 6:30 that morning. Ohio Township firefighters and rescue workers needed about 90

STAMFORD, CT—Cenveo Inc., located here, has completed its acquisition of Richmond, VA-based Cadmus Communictions. Cenveo paid $430 million, or $24.75 per share.The Valassis acquisition of ADVO Inc. for $1.2 billion, or $33.02 per share, has also been completed. Domtar Inc., meanwhile, completed its deal for Weyerhaeuser Co.’s fine paper business. The combination created Domtar Corp.,…

BAILEYVILLE, ME—Domtar’s Woodland mill will be idling a paper machine during the entire month of March, a move that could impact as many as 90 employees, according to the Bangor Daily News.Company officials told the paper that the action is being prompted by market-related conditions. The machine is slated to be refired on March 29,…

PALO ALTO, CA—February 14, 2007—In response to Domtar’s research with its designer customer base, the company has launched a dedicated website which aims to meet designer’s needs for an inspirational and informative online resource. The Domtar Designer Corner (www.domtardesignercorner.com) has been created by designers for designers, and offers industry news and events, designer profiles, eco-smart design options, and tips for selecting the best paper to bring designs to life. PaperSpecs, an on-line provider of paper knowledge to the design and print industries, and providers of a database that features more than 4,200 papers from over 65 mills and manufacturers, will support the site with

CHICAGO—RR Donnelley has officially completed its deal for Banta Corp. of Menasha, WI, for $1.3 billion. The deal was originally announced on October 31, 2006.Meanwhile, the merger of Weyerhaeuser’s fine paper and related businesses with Domtar took a step closer to completion. Canada’s Competition Bureau and the U.S. Department of Justice (under Hart-Scott-Rodino review) have…

BY ALL indications, the paper manufacturing sector is doing everything within its means to ensure that capacity walks hand-in-hand with demand. Whether these measures will have an impact on what is largely perceived as a weak North American paper market through the front half of 2007 remains to be seen. Some big names were on the move in the back half of 2006 on the coated freesheet side. International Paper sold its coated and super- calendered (SC) papers business to CMP Holdings, a subsidiary of Verso Paper Holdings, for roughly $1.4 billion. But perhaps the biggest news came from Weyerhaeuser, which combined its fine

KINGSLEY FALLS, QUEBEC—Cascades has reached an agreement in principle to purchase Domtar’s 50 percent interest in Norampac Inc. for $560 million in cash.Cascades has obtained commitments for the financing necessary to complete the transaction. The financing will replace the existing credit facility and provide for a new $1.05 billion credit facility. The deal is expected…