26 October 2022
Paper Excellence Becoming One of North Americas Biggest Paper Companies
RICHMOND ' B.C.—
Buying Resolute Forest Products
Buying Resolute Forest Products
 Paper Excellence, a Canadian company that started in Canada with a single pulp mill in 2007, is now  becoming  one of North America’s biggest paper companies. In 2019 they acquired Catalyst paper mills ( MacMillan Bloedel,Crown Zellerbach ). In 2021, the company doubled in size and international scope with the acquisition of Domtar
Bought in 2021
Bought in 2021
for $3 billion and a Brazilian pulp and paper company for $2.9 billion. On October 31,  Montreal-based Resolute Forest Products  will vote on a proposal by Paper Excellence to acquire the company ( Merger of Abitibi-Consolidated and Bowater Papers). A recent report  ties Paper Excellence to Indonesian conglomerate Sinar Mas and its affiliate, Asia Pulp and Paper (APP),
 
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Siraj Kazani says:
Very sad to hear this. Both brothers were great. We used to do good business with Pal especially. Bo...
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