Paper products manufacturer
Resolute Forest Products Inc.
) recently launched a new website titled
as part of its campaign to promote sustainable forest management
initiatives in one of the world's most vibrant ecosystems. The
website launch also coincided with the United Nations' 2014 Theme
of "Celebrating Forests for Sustainable Development."
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The website will offer detailed first-hand knowledge of the
boreal forest in Canada, which comprises about one-third of the
circumpolar boreal forest that rings the northern hemisphere. It
will also provide an insight into the various sustainable
initiatives that need to be taken up earnestly to maintain proper
balance in the ecosystem and sustain the forest products industry
on which several livelihoods depend.
Incidentally, a Yale University study has accredited Canada's
forestry laws and regulations to be among the most stringent in
the world. Resolute Forest's website will further help in
promoting the Canadian vigil in maintaining the right
Resolute Forest is one of the partners in the Canadian Boreal
Forest Agreement. It works on conservation issues and strives to
maintain an equal balance on the three pillars of sustainability
linked to human activities namely, environmental, social and
economic. As a member of the World Wildlife Fund's Climate Savers
program, Resolute Forest also aims to voluntarily reduce
greenhouse gas emissions through various afforestation efforts.
Headquartered in Montreal, Canada, Resolute Forest 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. It offers a diverse range of products,
including newsprint, commercial printing papers, market pulp and
wood products Also, the company sells pulpwood, saw timber, and
wood chips and recycles newspapers and magazines.
The company continues to grow its businesses with the help of
acquisitions and investment commitments while optimizing its
paper assets to maximize capacity utilization and margins.
Resolute Forest currently has a Zacks Rank #1 (Strong Buy). Other
stocks that look promising and are worth looking into include
) carrying a Zacks Rank #1 (Strong Buy), and
Neenah Paper, Inc.
Fibria Celulose SA
), both carrying a Zacks Rank #2 (Buy).