Domtar once again opened its doors to college interns from around the country. Participants in our summer internship program bring fresh talent and perspective to our business. It’s also an opportunity for us to connect with potential full-time entry-level recruits. With an estimated 10,000 baby boomers retiring each day and nearly 4 million people leaving the workforce each year, companies in a range of industries are facing employment gaps. Domtar is no exception. Of our nearly 10,000 employees, almost 47 percent are at or near retirement age, as noted in our 2017 Sustainability Report. So what makes Domtar stand out from the pack when recruiting interns and the next generation of manufacturing and industry professionals? Our strong commitment to sustainability, engagement in corporate social responsibility efforts, and our growing, in-depth summer internship program. Click Read More below for additional information.
The Kotkamills group has been producing Saturating Base Kraft (laminating papers) in Tainionkoski, Imatra on Paper Machine 7 (PM 7) leased from Stora Enso Oyj since the separation of Kotkamills from Stora Enso in 2010. The operations are part of the Group’s Industrial Products segment.
Stora Enso Oyj has notified Kotkamills Oy that the leasing agreement concerning Tainionkoski PM7 will be terminated in accordance with its terms to expire at the end of 2018.
To serve its existing customers and fulfill the needs arising from increasing demand for laminating papers, Kotkamills is planning to increase the production capacity of Paper Machine 1 (PM1) on Kotkamills’ site in Kotka. In addition, Kotkamills has started preparations to procure external production capacity for laminating papers. The external capacity is planned to be available during the first half of 2018. The planned additional external capacity (excluding PM1 increased capacity) will be higher than the present capacity of Tainionkoski PM 7.
The discontinuation of the Group’s operations in Imatra is not expected to have a material impact on the Group’s financial position or results of operations.