Resolute Forest Products

Resolute Forest Products

Domtar, formerly known as Resolute Forest Products and now owned by Jackson Wijaya, is a North American forest-products company headquartered in Montreal. The firm was taken private by Wijaya, a member of the Indonesian Sinar Mas conglomerate family. Wijaya’s acquisition in 2023 moved the company from public markets into single-family-office control, shifting its strategic posture toward long-term capital deployment. The company operates across five main segments: paper, pulp, packaging, tissue, and wood products. Its product lines include fluff pulp, papergrade pulp, retail tissue and towel, performance linerboard, and engineered wood. Domtar holds confirmed positions in multiple North American regions (Canada, US) and sells globally. The firm’s strategy centers on fiber-based manufacturing, with recent emphasis on sustainability initiatives and renewable energy projects. In 2023, the company reported $5.3B in net sales (per SEC filings). Domtar employs around 8,000 people across 45 locations in North America. The company maintains a formal governance structure with a board of directors, but ultimate control rests with Jackson Wijaya. The firm runs a separate sustainability arm, publishing annual sustainability reports and tracking carbon, climate, and forest certifications. In May 2026, Domtar won the Sustainable Forestry Initiative Leadership in Conservation Award (per the firm, May 2026). Domtar’s structural differentiator is its position as a single-family-office-controlled operating company in the capital-intensive forest-products industry — a sector where most large players are either public or private equity–owned. Wijaya’s ownership allows the company to pursue long-cycle investments in sustainability and manufacturing capacity without quarterly earnings pressure. This governance model is unusual in the sector and gives Domtar distinct capital allocation flexibility.