Pulp & Paper
Cites political friction, economic instability and the coronavirus outbreak as reasons for walking away from the project.
Employs approximately 135 people at its two primary facilities in Concord, Ont., and LaSalle, Que.
Frustration voiced over what is seen to be a lack of direction following the loss of one of the industry’s major players.
CIBC suggests average US duties would drop from about US$67 per thousand board feet to $30 based on current pricing levels.
North American demand dropped 14% in 2019 as inventories rose more than 20%, indicating lower pricing to come.
She replaces the retiring Nancy Marcus, who joined the Kruger team in 2001.
$27 million for a plant and $11 million to modernize equipment to produce high-grade SCA+ supercalendered paper.
Parent company is discussing the mill’s “hibernation plan” with the Nova Scotia government, after committing to stay in the province for the long term.
Shutdown the result of Northern Pulp no longer being allowed to dump effluent near the Pictou Landing First Nation.
Federal Environment Minister said he’s decided not to designate Northern Pulp’s proposed pipeline and effluent treatment plant for a federal impact assessment.
Expected purchase price is US$93 million with the transaction closing Jan. 3, 2020.
He says it fails to take into account Quebec consumers’ needs and hands a flyer monopoly to Canada Post.
Patented water-based barrier coating protects it against humidity to enhance the packaging efficiency.
They say the plan lacked critical information and didn’t meet the department’s terms of reference.
How communities can become divided as the interests of heavy industry are pitted against the natural environment.