Resolute Announces Start-up of New Tissue Machine at Calhoun
MONTRÉAL, March 29, 2017 – Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) is pleased to announce the successful start-up of its new tissue machine in Calhoun (Tennessee). The first tissue parent roll was produced on February 28, 2017.
The machine will continue its scheduled ramp-up through 2017 and is expected to be producing at maximum capacity toward mid-2018. With its fully operational converting facility, converted tissue products sold from Calhoun are now manufactured entirely from parent rolls produced on-site.
The Calhoun tissue operation, built at Resolute’s pulp and paper mill, has the capacity to manufacture 66,000 short tons (60,000 metric tons) annually of premium private-label tissue, including bath and towel, aimed at the at-home market.
With its state-of-the-art machine, three converting lines and integration of pulp from the existing Calhoun pulp mill, this will be one of the most efficient and cost-competitive tissue operations in North America once full production is achieved, positioning Resolute as a key player in this growing market segment.
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, newsprint and specialty papers, which are marketed in over 70 countries. The company owns or operates some 40 manufacturing 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.
For further information: Investors: Alain Bourdages, Vice President, Investor Relations, 514 394-2233, firstname.lastname@example.org; Media and Others: Seth Kursman, Vice President, Corporate Communications, Sustainability and Government Affairs, 514 394-2398, email@example.com