RE:pulp and paper industryThanks man, good find. I only skimmed it as it's a bit long on CBC platitudes (e.g. Greenpeace talking points conflating Brazilain deforestation with sustainable logging in Canada).
But yes, they dominate the coast. Fully. They, Paper Ex (PE), also own the Kootneys. Now it's Ontario. Domtar first. They also made me a decent few hundred K when when they took over Resolute. That said, I'm not super thrilled how that went down as PE got the upper hand on RFP, but it was "resolved" in a weird way with the monetization of the claim on softwood duty refunds (~$5/share).
Regardless, what matters here? It was the previous PE deal. For Domtar. Domtar ran that big NBSK mill in Kamloops. They sold it to Kruger knowing there was zero (ZERO) chance of the competition board allowing them to take it. They'd have an absurd monopoly on byproducts and could tank residual (chips) prices in southern BC..
So 2 things matter here from what I can tell:
1) PE can't buy CFX (too concentrated).
2) The sales price for Kamloops was big time. I recall seeing the asking price was super high. So, that bodes well.