US $
MONTRÉAL, March 4, 2022
/PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP)
(TSX: RFP) today announced that it has completed the
previously announced acquisition of the 50% equity interest of
Louisiana-Pacific Corporation (NYSE: LPX) in Resolute-LP
Engineered Wood Larouche Inc. and Resolute-LP Engineered Wood
St-Prime Limited Partnership located in Quebec.
In connection with the closing, Resolute entered into agreements
with Louisiana-Pacific for it to
serve as the exclusive distributor of the engineered wood products
produced at the two operations.
About Resolute Forest Products
Resolute Forest Products is a global leader in the forest
products industry with a diverse range of products, including
market pulp, tissue, wood products and papers, which are marketed
in over 60 countries. The company owns or operates some 40
facilities, as well as power generation assets, in the United States and Canada. Resolute has third-party certified
100% of its managed woodlands to internationally recognized
sustainable forest management standards. The shares of Resolute
Forest Products trade under the stock symbol RFP on both the New
York Stock Exchange and the Toronto Stock Exchange.
Resolute has received regional, North American and global
recognition for its leadership in corporate social responsibility
and sustainable development, as well as for its business practices.
Visit www.resolutefp.com for more information.
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SOURCE Resolute Forest Products Inc.