Resolute Forest Products Inc. announces that the United States Department of Commerce is formally revoking the countervailing duty order on supercalendered (SC) paper from Canada, retroactive to August 3, 2015.

超級壓光紙

U.S. Department of Commerce announces termination of supercalendered paper CVD order

Resolute Forest Products Inc. announces that the United States Department of Commerce is formally revoking the countervailing duty order on supercalendered (SC) paper from Canada, retroactive to August 3, 2015.

Collection of cash deposits on imports of SC paper from Canada will cease, and all cash deposits that have been collected from importers of record since August 3, 2015, will be returned with interest.

Resolute's cash deposits as of June 30, 2018, total $60 million. The company will also receive accumulated interest on these deposits. The precise timing of the refund will be set out in a Federal Register Notice to be published in the upcoming days.

Resolute Forest Products is a global leader in the forest products industry with a diverse range of products, including market pulp, tissue, wood products, newsprint and specialty papers.