Consumables
Resolute Forest Products Announces Restart of its Dolbeau (Québec) Paper Mill
Friday 24. August 2012 - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) announced today that its paper mill in Dolbeau-Mistassini (Québec) is to resume operations. This decision follows the receipt of a notice of acceptance of the tender regarding the sale of electricity to be produced at the Company's Mistassini cogeneration facility to Hydro-Québec. The restart of operations represents an investment of $20 million.
Production of soft nip calendered (SNC and SCB) commercial printing paper will resume as soon as the recall of employees is completed. The restart of the mill will provide direct employment for approximately 135 workers.
“We spared no effort to relaunch the Dolbeau mill because it is a good investment,” stated Richard Garneau, President and Chief Executive Officer of Resolute, who was in the Lac-Saint-Jean region to confirm the news. “With today’s announcement, Resolute will be more competitive than ever.”
The Company is currently assessing its network of paper mills to ensure that production continues to be balanced.