Company
Resolute Forest Products Inc.
Headquarters: Montreal, QC, Canada
Founded: 2007
Employees: 6,900
CEO: Mr. Remi G. Lalonde
Market Cap
C$2.26 Billion
CAD as of March 1, 2023
US$1.71 Billion
Resolute Forest Products Inc. Categories
Canada Basic Materials Paper & Paper ProductsCanada Basic Materials Canada Paper & Paper Products
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Industry: Paper & Paper Products
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Detailed Description
Resolute Forest Products Inc., together with its subsidiaries, operates in the forest products industry in the United States, Canada, Mexico, and internationally. The company operates through four segments: Market Pulp, Tissue, Wood Products, and Paper. The Market Pulp segment offers virgin and recycled bleached Kraft pulp, which is used to make a range of consumer products, including tissue, packaging, specialty paper products, diapers, and other absorbent products. The Tissue segment provides various tissue products, such as recycled and virgin paper products for the away-from-home and retail markets; and sells parent rolls. The Wood Products segment produces construction-grade and spruce-pine-fir lumber products, wood chips, bed frame components, finger joints, and furring strips for pulp and paper mills, as well as I-joists for the construction industry. The Paper segment offers newsprint to newspaper publishers, as well as to commercial printers for uses comprising inserts and flyers. This segment also provides various uncoated mechanical papers, including supercalendered and white papers, as well as uncoated freesheet papers. Its specialty papers are used in books, retail inserts, direct mail, coupons, magazines, catalogs, bags, and other commercial printing applications. This segment sells specialty papers to commercial printers, direct mailers, publishers, catalogers, and retailers. The company also produces electricity at cogeneration facilities and hydroelectric dams. Resolute Forest Products Inc. is headquartered in Montreal, Canada.
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Stocks & Indices
Resolute Forest Products Inc. has the following listings and related stock indices.
Stock: TSX: RFP wb_incandescent
Stock: NYSE: RFP wb_incandescent
Stock: FSX: 7AB1 wb_incandescent
Product & Services
NewsprintSpecialty papersMarket pulpWood productsTissue
Key People
Duncan K. Davies (Chairman) Remi G. Lalonde CEO
Financials
Revenue: US$ 2.8 billion (2020)
Operating income: US$ 99 million (2020)
Net income: US$ 10 million (2020)
Total assets: US$ 3.73 billion (2020)
Total equity: US$ 1.081 billion (2020