Resolute Offers Lumber to the Lac-Mégantic Community to Assist With Reconstruction Efforts
MONTREAL, July 23, 2013 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) has offered the municipality of Lac-Mégantic a significant volume of lumber to help rebuild the downtown core that was devastated by the recent train derailment and explosion.
In a letter to Lac-Mégantic Mayor Colette Roy-Laroche, Richard Garneau, President and Chief Executive Officer of Resolute Forest Products, announced the donation to the community for the reconstruction of public and community buildings.
"Despite the days that have passed since this terrible tragedy, we still have difficulty finding the right words and gestures to express our compassion and support for the people of Lac-Mégantic," stated Richard Garneau. "As a large company in Quebec, we believe we have an important role to play in assisting the community during this difficult time. The people of Lac-Mégantic are in our thoughts."
Headquartered in Montréal, Resolute Forest Products has over 5,000 employees in Québec and more than 8,000 in North America. The Company plays an active role when it comes to supporting community needs. When other disasters occurred - such as hurricanes and tornados in Alabama or forest fires in Arizona - Resolute donated lumber to help rebuild municipal and community buildings in affected cities and towns.
Resolute Forest Products has offered the municipality of Lac-Mégantic lumber valued at C$50,000. The Company will work with its partners and the municipality to identify specific projects.
About Resolute Forest Products
Resolute Forest Products is a global leader in the forest products industry with a diverse range of products, including newsprint, commercial printing papers, market pulp and wood products. The Company owns or operates over 40 pulp and paper mills and wood products facilities in the United States, Canada and South Korea, and power generation assets in Canada. Marketing its products in close to 90 countries, Resolute has third-party certified 100% of its managed woodlands to at least one of three internationally-recognized sustainable forest management standards, including 65% certified to the Forest Stewardship Council® (FSC®) standards. The shares of Resolute Forest Products trade under the stock symbol RFP on both the New York Stock Exchange and the Toronto Stock Exchange.
Resolute and other member companies of the Forest Products Association of Canada, as well as a number of environmental organizations, are partners in the Canadian Boreal Forest Agreement. The group works to identify solutions to conservation issues that meet the goal of balancing equally the three pillars of sustainability linked to human activities: environmental, social and economic. Resolute is also a member of the World Wildlife Fund's Climate Savers program, in which businesses establish ambitious targets to voluntarily reduce greenhouse gas emissions and work aggressively toward achieving them.
SOURCE Resolute Forest Products Inc.