Felix Schoeller Group: Energy surcharge as of December 1, 2021

Domtar Corporation reported a net loss of $59 million for the fourth quarter of 2020 compared to a net loss of $92 million for the third quarter of 2020, and a net loss of $34 million for the fourth quarter of 2019. Sales for the fourth quarter of 2020 were $0.9 billion. The fourth quarter 2020 results include an after-tax loss of $43 million from discontinued operations related to the announced sale of the Personal Care Business, compared to earnings of $19 million for the third quarter of 2020 and earnings of $10 million for the fourth quarter of 2019. Excluding discontinued operations and the items listed below, the Company had earnings from continuing operations before items1 of $19 million for the fourth quarter of 2020, compared to loss from continuing operations before items1 of $1 million for the third quarter of 2020 and loss from continuing operations before items1 of $9 million for the fourth quarter of 2019.

Resolute Forest Products Inc., a subsidiary of Domtar Corporation and a part of the Paper Excellence Group, today announced that, on August 1, 2023, it completed the previously disclosed sale of the Thunder Bay (Ontario) pulp and paper mill to an affiliate of Atlas Holdings, pursuant to the terms of the asset purchase agreement dated May 26, 2023. Resolute will continue to operate its sawmills and woodlands operations in Northwestern Ontario. With the closing of the transaction, the parties have entered into certain ancillary agreements, including a long-term woodchip and biomass supply agreement pursuant to which Resolute will continue to provide chips and biomass to the Thunder Bay mill.

“AF&PA looks forward to working with the Administration and Congress on important infrastructure investment proposals, many of which are included in President Biden’s American Jobs Plan. Modernizing our nation’s infrastructure and investing in manufacturing jobs will be welcome improvements for the U.S. forest products industry, which employs approximately 950,000 individuals and manufactures nearly $300 billion in products annually. “However, AF&PA cannot support the tax increases put forth in the Made in America Tax Plan. These increases would adversely impact U.S. manufacturing and put jobs at risk during a fragile economic recovery. This aspect of the proposal would significantly upset global competitiveness while undermining the promises of the American Jobs Plan."