A perfect marriage for Domtar and Paper Excellence

This aerial photo shows the demolition work that has taken place at Domtar’s Kingsport mill during the past six months. Contributed / DOMTAR

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With more than a century of Kingsport history under its belt, Domtar begins a new chapter with a definitive agreement to be acquired by an international conglomerate owned entirely by a member of a billionaire Indonesian family, Jackson Widjaja.

Paper Excellence (PE) was founded by Widjaja in 2007 and within three years acquired four pulp mills in British Columbia as well as mills in Saskatchewan, Nova Scotia and Alberta.

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Source: Times News

 

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