Mackenzie pulp mill restarts

Paper Excellence has restarted the Mackenzie pulp mill putting 270 people back to work in British Columbia.

Paper Excellence, a Dutch company, is a subsidiary of the Asian conglomerate Sinar Mas. Paper Excellence bought the mill out of bankruptcy for $20 million at the end of March and promised to spend $30 million to $40 million on maintenance and upgrades.

This mill was previously owned by Pope and Talbot, followed by Worthington Mackenzie.

Paper Excellence wanted this Mackenzie mill so they could secure a source of northern bleached softwood kraft pulp. 80% of the mill's output is expected to be sold to affiliated mills in Asia.

Source:

Mackenzie pulp mill restarts, putting 270 back to work (Vancouver Sun)