Fortress Paper Ltd.

A pulp mill in Terrace Bay has found a new lease on life thanks to its new owner who intends to transform the facility into a dissolving pulp plant. Indian-owned Aditya Birla Group purchased the northwestern Ontario mill earlier this month through its Canadian subsidiary AV Group. The reported price of purchase for the idled mill was $110 million, according to Pulp and Paper Canada, though the company will invest nearly $250 million more to co...

Following a recent certification of a section of forestlands in Québec, Resolute Forest Products became the largest manager of FSC certified forests in North America this week. Under the new agreement, Resolute now manages a total of 10.3 million hectares (25.6 million acres) on the continent, an area twice the size of Nova Scotia and larger than Portugal, Hungary or South, Korea reported Pulp And Paper Canada. “Becoming the world's larg...

Three months after the closure of the NewPage mill in Port Hawkesbury, NS, four companies interested in purchasing the shuttered mill are due to submit their final bids this week. Though two of the bidders remain unnamed, the CBC says that Paper Excellence Canada and Stern Partners Inc. are the other parties who are vying for the mill and – should they win – are expected to maintain the mill as some sort of paper manufacturing facility. Th...

Resolute Forest Products, one of Canada’s largest pulp and paper companies, announced it’s intention to acquire a popular pulp producer with mills in Canada and the US. Fibrek produces virgin and recycled kraft pulp at mills located in Saint-Félicien, Québec, Fairmont, West Virginia, and in Menominee, Michigan with a combined annual production capacity of 760,000 tonnes. According to Richard Garneau, president and CEO of Resolute, the p...

A delegation of Canadians traveled to New Delhi, India last week to participate in the 5th Renewable Energy India 2011 Expo. Comprised of representatives from companies involved in the production of renewable energy – including bio-energy - the delegation presented their expertise to representatives of the Government of India as well as Indian companies with the goal of facilitating research and partnership opportunities between both countri...