Domtar CEO John D. Williams commends President Obama's call for climate action
MONTREAL, June 25, 2013
Cites forest products industry's success in reducing dependence on fossil
fuels as leading example of mutually compatible economic and environmental
(NYSE: UFS) (TSX: UFS)
MONTREAL, June 25, 2013 /PRNewswire/ - Today, Domtar Corporation (NYSE: UFS)
(TSX: UFS) President and CEO John D. Williams offered his support for the
Administration's proposal to develop a more certain path for reducing
greenhouse gas emissions.
"The President is correct that America is uniquely suited to find sensible
solutions for addressing this issue.The forest products industry has
voluntarily made significant reductions in its reliance on fossil fuels over
the past decade. We are better utilizing the energy value of our biomass
by-products which are carbon neutral over the long term, making our industry
more sustainable economically and environmentally."
"A decade ago, Domtar was reporting that 68% of our energy use was from
renewable, greenhouse gas neutral sources.Today, that number is approaching
85%.This has lowered our costs and, according to EPA's reporting methodology,
reduced our carbon emissions by a third."
Domtar Corporation (NYSE: UFS) (TSX: UFS) designs, manufactures, markets and
distributes a wide variety of fiber-based products including communication
papers, specialty and packaging papers and adult incontinence products. The
foundation of its business is a network of world class wood fiber converting
assets that produce papergrade, fluff and specialty pulps. The majority of its
pulp production is consumed internally to manufacture paper and consumer
products. Domtar is the largest integrated marketer of uncoated freesheet
paper in North America with recognized brands such as Cougar^®, Lynx^® Opaque
Ultra, Husky^® Opaque Offset, First Choice^® and Domtar EarthChoice^®. Domtar
is also a leading marketer and producer of a complete line of incontinence
care products marketed primarily under the Attends^® brand name. Domtar owns
and operates Ariva^®, a network of strategically located paper and printing
supplies distribution facilities. In 2012, Domtar had sales of US$5.5 billion
from some 50 countries. The Company employs approximately 9,300 people. To
learn more, visit www.domtar.com.
SOURCE Domtar Corporation
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