Domtar will operate as a stand-alone business entity within the Paper Excellence Group, with Domtar's current CEO and management team remaining in place. There are no further changes to operating locations, business plans, or Domtar's employee base at this time.
Chatham Asset Management on Monday raised its offer for RR Donnelley & Sons Co to $10.25 per share, hours after the printing company reaffirmed that it was sticking to a merger with investment firm Atlas Holdings.
As part of Georgia-Pacific's commitment to maximizing long-term value for our customers and the company, GP has agreed to sell its chemicals business to Bakelite Synthetics. Georgia-Pacific's chemicals business is highly complementary to Bakelite's existing platforms in the United States and Europe and a natural fit with Bakelite's world-class formaldehyde-based specialty phenolics resin business.
Valmet will supply IQ quality control system to Ahlström-Munksjö Ställdalen AB in Sweden. The new system will replace the old third-party system and will be installed on nonwoven machine FM2 to improve productivity and final quality.
