top of page
Orgill_OBE-SUM24-Key Media-Digital Ad970x90 (May web)

Jun 20, 2023

Resolute to sell Thunder Bay pulp and paper mill

Resolute Forest Products Inc., a subsidiary of Domtar Corporation and a part of the Paper Excellence Group, plans to sell its Thunder Bay, ON, pulp and paper mill to an affiliate of Atlas Holdings. The transaction, expected to close in the second half of the year, is subject to the satisfaction or waiver of closing conditions, including obtaining required regulatory approvals. Resolute will continue to operate its sawmills and woodlands operations in northwestern Ontario. At the closing of the transaction, the parties will enter into certain ancillary agreements, including a long-term woodchip and biomass supply agreement pursuant to which Resolute will continue to provide chips and biomass to the Thunder Bay mill. 

Sign up for our Daily News Alerts to receive relevant industry news, articles, and previews for our next issue of Home Improvement Retailing. Delivered directly to your inbox. Subscribe here.

bottom of page