Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today reported a net loss for the quarter ended June 30, 2017, of $74 million, or $0.82 per share, compared to a net loss of $42 million, or $0.47 per share, in the same period in 2016. Sales were $858 million in the quarter, down $33 million, or 4%, from the second quarter of 2016. Excluding special items, the company reported a net loss of $3 million, or $0.03 per share, compared to net income, excluding special items, of $2 million, or $0.02 per share, in the second quarter of 2016.
Kruger Products L.P. Away-From-Home division (AFH) today announced the launch of Titan® Bold, a striking new line up of roll towel and bathroom tissue dispensers to its Ultimate Washroom® Collection.
“With an ultra-modern, sleek design and a gleaming black finish, Titan® Bold pushes dispenser design and technology, making this an exciting achievement for Kruger Products,” said Sandra Garcia, marketing manager, Kruger Products L.P., AFH. “These stunning new offerings took two years to bring to life and required intensive collaboration with engineering, welding and design teams at Dispensing Dynamics, a Hunter company, to transform our innovative designs into reality.”
The new Titan® Bold line-up includes four proprietary roll towel and bathroom tissue dispensers. The Electronic Hybrid Roll Towel dispenser provides dual functionality with a mechanical back-up lever and extensive battery life. The Smooth-Cut Roll Towel dispenser ensures effortless, clean-cut and quiet dispensing, with a new “suspension-like” roller, a first to the North American market. The Auto-Cut JBT dispenser, with its ground-breaking technology, dispenses individual 9” sheets to drastically reduce tissue waste and toilet clogging, another innovative first to North America. The Mini-Max®² JBT dispenser retains its reliability and durability and has a new, modern look.
“We believe Titan® Bold, with its sleek design and innovative dispensing technology, re-imagines what a washroom can be and will give our customers a competitive edge in the ever-evolving AFH marketplace,” said Garcia.
The Titan® Bold line-up will be available late spring 2018.