Chile's CMPC tissue paper subsidiary Softys announced on Tuesday that it has reached an agreement to buy Paraná, Brazil-based Sepac for a little over $300 million. The deal will create the largest company in this segment in Brazil.
The United Steelworkers (USW) union joined with several domestic paper producers in filing a request with the U.S. Department of Commerce to address the circumvention of existing antidumping and countervailing duty orders on uncoated paper imports.
