Leading paper products manufacturer Domtar Corporation (UFS) recently accomplished the unique feat of selling 5 million tons of Forest Stewardship Council (FSC) certified uncoated fine paper in North America – the first of its kind in the region. The industry milestone signifies the commitment of the company to focus on environment-friendly sustainable practices and its due accreditation by the market.
EarthChoice Product Line of Domtar is reportedly the widest range of FSC certified papers that are currently available for sale in the market. At present, it accounts for over 20% of the total sales of the company.
Earlier in 2005, Domtar became the industry pioneer in North America when it began offering FSC certified paper by conforming to sustainable practices and collaborating with some of the world's leading environmental organizations, including the Rainforest Alliance and World Wildlife Fund (WWF). The FSC logo and Rainforest Alliance Certified seal on EarthChoice papers ensure consumers of sustainable forest management initiatives undertaken by Domtar for clean air and water, carbon sequestration and wildlife habitat.
Domtar manufactures and distributes a wide array of fiber-based products including communication papers, specialty and packaging papers and adult incontinence products. The company is the largest integrated marketer of uncoated freesheet paper in North America with established brands such as Cougar, Lynx Opaque Ultra, Husky Opaque Offset, First Choice and Domtar EarthChoice. Domtar also owns and operates an extensive network of strategically located paper and printing supplies distribution facilities.
Domtar currently carries a Zacks Rank #5 (Strong Sell), primarily due to negative earnings estimate revisions. Other players in the market worth mentioning include Neenah Paper, Inc. (NP), Mercer International Inc. (MERC) and Rexam plc (REXMY), each carrying a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
To read this article on Zacks.com click here.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
Be the first to comment