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Domtar Corporation (Domtar) announced today (July 29) that it is opening a market pulp sales office in Hong Kong, operating as Domtar Asia Limited, as of August 1. The Company's primary objective is to provide direct sales and sales services to its current and future Chinese customers.
"By establishing a physical presence in Hong Kong, we are solidifying our commitment to a dynamic and growing Chinese pulp market," said Vice-President of Domtar Asia Limited, Mr David Liang. "Not only will we be able to better serve our customers, through direct relationships and services, but we also have the opportunity to develop and grow our client base," added Mr Liang.
Domtar Asia Limited's office is located at Millennium City 1, 388 Kwun Tong Road, Kowloon, Hong Kong.
Associate Director-General of Investment Promotion at Invest Hong Kong, Mr Charles Ng, warmly welcomed Domtar's business presence in Hong Kong. He said, "The opening of Domtar's pulp sales office in Hong Kong signifies a vote of confidence in Hong Kong as the preferred location for foreign companies to manage their Asia businesses."
"Over the years, Hong Kong has been a popular springboard for foreign companies to enter into the Mainland China market. We encourage Domtar to make the most of Hong Kong's strategic location and well-established ties with the Mainland in the course of its business development and expansion in the region," Mr Ng added.
About Domtar Corporation
Listed in North America (NYSE/TSX:UFS), Domtar Corporation (Domtar) is an integrated manufacturer and marketer of uncoated freesheet paper. The company is also a manufacturer of papergrade, fluff and specialty pulp. Domtar designs, manufactures, markets and distributes a wide range of business, commercial printing and publishing as well as converting and specialty papers. In addition, Domtar produces lumber and other specialty and industrial wood products. For more information, please visit www.domtar.com.
About Invest Hong Kong
Invest Hong Kong is the award-winning department of the Hong Kong Special Administrative Region Government responsible for attracting and facilitating inward investment into the city, by providing free services and support to help overseas, Mainland and Taiwanese companies establish or expand their business presences in Hong Kong. For more information, please visit www.InvestHK.gov.hk.
Ends/Wednesday, July 29, 2009
Issued at HKT 22:00
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