Domtar sells Dryden pulp mill to First Quality Enterprises

Domtar Corporation, a part of the Paper Excellence Group, and First Quality Enterprises, Inc. announced that they have entered into an agreement to sell Domtar’s Dryden pulp mill to First Quality. The Dryden transaction, expected to close early in the Q3, is subject to customary closing conditions, including receipt of required regulatory approvals and the closing of the Resolute Forest Products Inc. transaction. First Quality fully intends to continue business operations consistent with past practices.