Resolute Forest Products Inc. announced that after a 39-year distinguished career with Resolute, Yves Laflamme will be stepping down, and retiring, as of March 1, 2021. The board of directors has unanimously selected and appointed Remi G. Lalonde as the company's next president and chief executive officer, effective on the same date. Mr. Lalonde, 44, currently serves as senior vice president and chief financial officer. Upon becoming president and CEO, Mr. Lalonde will be appointed to Resolute's board of directors. The announcement today coincides with Resolute's third quarter 2020 results. "The Resolute board of directors enthusiastically supports Remi Lalonde's selection as the company's next president and CEO. He has an outstanding track record of success as well as strength of character and exemplary personal integrity. Remi's superior leadership skills demonstrated on a range of strategic initiatives have consistently impressed the board," stated Bradley P. Martin, chairman of the board of directors. "Remi has very good relationships with our stakeholders, sharp analytical skills, impressive credentials, and a strong business drive. We are confident he will guide the company through its ongoing strategic transformation, delivering improved shareholder value. Remi is the right person at the right time for Resolute."
GP Cellulose is investing about $80 million to add fluff capacity at its GP Cellulose Alabama River mill near Monroeville, Alabama. The project is being implemented in phases and will increase the mill’s ability to produce fluff pulp upon completion.
The Alabama River mill operates two lines, one currently producing only paper pulp bales. This investment upgrades production by adding the ability for this line to also produce fluff pulp rolls. The mill’s second line was upgraded to produce both paper pulp bales and fluff pulp rolls in 2011.
“This investment will enable GP Cellulose to address the increasing fluff pulp needs of our customers worldwide,” said Munir Abdallah, President – GP Cellulose. “The completion of this project will add capability and flexibility to our system to meet a wider range of needs and position us to grow with our customers.”
Major aspects of the project are complete, including investments in the headbox and forming table. The final phase is underway now and includes infrastructure as well as winding and wrapping components. Plans call for the newly upgraded line to have the ability to produce fluff pulp in late 2023. Fluff pulp is used in a variety of hygienic disposable products, including baby diapers, feminine hygiene, adult incontinence and airlaid nonwovens.
The Alabama River mill directly employs approximately 470 people. According to a Troy University study, the economic impact of the mill contributes to 1,407 full- and part-time jobs, $103.6 million in labor income and $421.3 million in total economic impact.