Domtar Sells Coated Groundwood Paper Business To NewPage

摘要

Domtar Corp. reported that it is getting out of the coated groundwood paper business and will sell its product lines to Ohio NewPage Corp. of Ohio, the companies said. Domtar also said it will close its Columbus, Mississippi, paper mill, by the end of April.rnThe company said that the market for coated groundwood paper is challenging, and the Mississippi mill suffered from a weak cost position despite efforts by employees.