Resolute Fst Prods Stock Price, News & Analysis

Resolute Forest Products Inc. is a global leader in the forest products industry, renowned for its diverse range of products that include market pulp, tissue, wood products, and papers. These products are marketed in over 50 countries, demonstrating the company's expansive reach and international significance.

The company owns or operates approximately 40 facilities, as well as power generation assets, spread across the United States and Canada. A noteworthy aspect of Resolute's operations is their commitment to sustainability; the company has achieved third-party certification for 100% of its managed woodlands according to internationally recognized sustainable forest management standards.

Resolute has recently achieved significant milestones, including the sale of its Thunder Bay (Ontario) pulp and paper mill to an affiliate of Atlas Holdings. This transaction, completed on August 1, 2023, includes long-term woodchip and biomass supply agreements, ensuring ongoing collaboration with the Thunder Bay mill. This sale was in line with the consent agreement between Domtar Corporation and the Canadian Commissioner of Competition, following Domtar’s acquisition of Resolute. Despite the sale, Resolute continues to operate its sawmills and woodlands operations in Northwestern Ontario.

Headquartered in Montreal, Quebec, Resolute Forest Products is a subsidiary of Domtar Corporation and a part of the Paper Excellence Group. The company has earned recognition on a regional, North American, and global scale for its leadership in corporate social responsibility, sustainable development, and business practices. With its broad product portfolio and steadfast dedication to sustainable practices, Resolute remains a pivotal player in the forest products industry.