CreditSights logo
Forgot Password?

Domtar

Domtar produces ~4.0 million metric tons of hardwood, softwood and fluff pulp at 12 of its 13 mills. More than 50% of pulp is consumed internally to manufacture paper, with the balance being sold as market pulp. Domtar is the largest integrated marketer and manufacturer of UFS paper in North America. The segment operates through 9 integrated pulp and paper mills and one paper mill, with annual paper production capacity of ~3.0 million tons. Approximately 77% of its paper production capacity is in the United States and the remaining 23% is located in Canada. The Personal Care segment, which operates through six manufacturing facilities, consists of the design, manufacturing, marketing and distribution of absorbent hygiene products, including both adult incontinence and infant diaper products. (10 Dec 2018)

Search Results

Excerpts only. To access full content please login or request a free trial.

Paper Trails: Soft Pulp, Buy or Build, And More...

Paper Trails: 10 Dec 2018, 4:25 AM ET - We present pulp and paper monthly data, as we note softness developing in the pulp markets. Lecta was weaker on the week due to concerns for management pursuing leveraging M&A. 
Focused

Paper Trails: Stocking Pre-Stuffed

Paper Trails: 03 Dec 2018, 4:26 AM ET - Our weekly recap was stocked with news, including WRK Sr. Notes issuance, comments from IP and UFS at an industry conference last week and our Pulp and Paper monthly previews. Also, the US/China reached a deal to suspend new tariffs. 

Paper Trails: Earnings and Containerboard Data

Paper Trails: 19 Nov 2018, 4:24 AM ET - Mixed earnings from several names in our HY space and SIGCBL's one-notch upgrade to BB+ by S&P headlines our weekly market recap. We also provide a preview of our October containerboard monthly data recap.

Paper Trails: Upgrades, Buybacks, Pulp Market View

Paper Trails: 12 Nov 2018, 4:04 AM ET - Good earnings from RYAM and LPX highlight the week plus an upgrade to IG for STERV. We highlight commentary from the London Pulp Conference from RISI competitor Hawkins Wright.
Focused

Domtar 3Q18: Mike Jones

Earnings Note: 01 Nov 2018, 10:01 PM ET - Once again, Domtar is changing its tune on a possible containerboard conversion given a pick up in M&A activity for idled paper mills. We review the quarter's results, managements commentary, and our thoughts on the credit. 

Crown Holdings: S&P Upgrade, Still M&A Risk Ahead

Worth Watching: 19 Oct 2018, 1:09 PM ET - Crown Holdings (CCK, Ba2/BB+) issuer rating was upgraded to BB+ from BB by S&P ratings. Additionally, CCK's senior secured rating was upgraded to BBB- from BB+. According to S&P, the upgrade reflects the company's integration of Signode and its ..

Paper Trails: North American 3Q18 Earnings Preview

Paper Trails: 16 Oct 2018, 5:17 AM ET - We present our North American earnings preview for 3Q18. We include earnings estimates as well as commentary on commodities, market returns for the quarter and our thoughts on what to listen for on the calls. 

US Strategy: What to Watch for on 3Q Earning Calls

Strategy Analysis: 11 Oct 2018, 4:37 AM ET - We surveyed our analyst teams for key sector level issues they will be paying close attention to with upcoming third quarter earnings calls beyond the typical sales, margins and earnings guidance. 

Paper Trails: Hurricane Effects and Tariffs Hit

Paper Trails: 24 Sep 2018, 4:57 AM ET - This week we recap the impact Hurricane Florence had on several names under coverage. China imposes 5-10% tariffs on pulp imports. 

Paper Trails: Packaging Activism and IPO's....

Paper Trails: 17 Sep 2018, 4:20 AM ET - Our market recap this week features important news out of Europe. SIG launched its IPO and OI's investors recommended the company to sell its European business. We also present our July Paper and Pulp industry data recaps. 

Resolute Forest Products: ITC Ends Newsprint Duty

Worth Watching: 03 Sep 2018, 5:44 PM ET - Resolute Forest Products (RFP B2/B+, SELL) and the rest of the newspaper industry received positive news during the slow holiday week. The United States International Trade Commission (ITC) ruled on August 29th that imports of uncoated groundwo ..

August 2018 US Company Recommendation Changes

US Company Recommendation Changes: 02 Sep 2018, 9:49 PM ET - Our monthly report provides executive summaries for the thirty company recommendation changes made on North American companies during the month of August.

Resolute FP: Moody's Upgrade Rationale vs Our View

Worth Watching: 15 Aug 2018, 10:39 PM ET - Resolute FP (RFP, Ba3/BB-, SELL) received a one-notch Credit Family Rating upgrade today from Moody's to Ba3 with a Stable outlook. The unsecured notes were also upgraded one-notch to B1. According to the ratings agency, the upgrade reflects its ..

Paper Trails: Earnings, Macro Data and Trade Duties

Paper Trails: 06 Aug 2018, 4:55 AM ET - Our market recap is highlighted by earnings reports from a bulk of our names this week. We also present containerboard and paper data as well as a DOC decision for newsprint.
Focused

Domtar 2Q18: Change of Focus, Again

Earnings Note: 02 Aug 2018, 12:01 AM ET - Domtar indicated that its M&A pursuits may outweigh its commitment to investment grade. This accompanies a lackluster quarter and no updates on a containerboard conversion. We update our thoughts on the credit.

Paper Trails: 2Q18 Earnings Have Arrived

Paper Trails: 30 Jul 2018, 4:11 AM ET - Earnings season has started, and results have been mixed. Cenveo's census contract has been settled, clearing path to confirmation hearing. We review the week and more. 

Paper Trails: 2Q18 Earnings Are Coming

Paper Trails: 23 Jul 2018, 9:19 AM ET - Our 2Q18 earnings season kicked off this week with CCK reporting solid results. A bulk of our names will report earnings this week.

Paper Trails: NA 2Q18 Preview, Starbucks and More

Paper Trails: 16 Jul 2018, 4:25 AM ET - Our weekly recap features our North American 2Q18 Earnings Preview. We also recap Starbucks' decision to ban plastic straws and the potential impact the move may have on companies under coverage. 

Paper Trails: North American 2Q18 Earnings Preview

Paper Trails: 10 Jul 2018, 5:01 AM ET - We present our North American earnings preview for 2Q18. We include earnings estimates as well as commentary on commodities, market returns for the quarter, and our thoughts on what to listen for on the calls. 

Berry Global: Starbucks Bans Plastic Straws

Worth Watching: 09 Jul 2018, 11:58 PM ET - Berry Global (BERY, B2/BB-, Market perform) and other single use plastic manufacturers are once again in the spotlight with another ban announcement. On July 9, 2018 Starbucks (SBUX) announced that it will be eliminating single use plastic straw ..

Request A Free Trial

CreditSights offers free trials to individuals in qualified institutions.

Sign up now >>

Sector

Refine Results