Domtar
shares surged on news of rival International Paper’s mill shutdown, impact on
uncoated freesheet market.
Domtar
Corp. and its investors have caught a big break, courtesy of the company's chief
rival.
International
Paper Co. said on Wednesday it will close a major paper mill in Alabama,
lopping 8 per cent from North American supply capacity and helping to rebalance
a market in structural decline.
