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Resolute Forest Products to Sell Fairmont, West Virginia, Recycled Pulp Mill to Nine Dragons

Released 8/30/2018

PaperAge (August 30, 2018) Resolute Forest Products today announced that it has entered into a definitive asset purchase agreement with ND Paper LLC, a subsidiary of Nine Dragons Paper (Holdings) Limited ("Nine Dragons"), for the sale of its Fairmont, West Virginia, recycled bleached kraft pulp mill, for US$55 million plus certain elements of working capital, payable in cash. Read more

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