Paper Excellence mentioned the choice by the federal government is important to the restart of the mill.
“Paper Excellence is happy to have secured the critically wanted forest fibre for the 2023 restart of the Prince Albert pulp facility,” Carlo Dal Monte, the corporate’s vice-president of vitality and enterprise improvement, mentioned in an announcement.
“This fibre is important to the restart of the Prince Albert pulp mill which is at present deliberate for the autumn of 2023.”
In accordance with the corporate, it has been granted a softwood fibre allocation of simply over a million cubic metres per yr by the province.
The mill could have a capability to supply 350,000 tonnes of Northern Bleached Softwood Kraft pulp yearly, requiring roughly 1,800,000 cubic metres of softwood fibre.
The remaining timber will come from agreements negotiated with different mills, Indigenous timber allocation holders and personal landowners.
Saskatchewan Atmosphere Minister Warren Kaeding says reopening the mill is sweet information for the province’s sustainable forestry trade.
“The ability will play an necessary function in making the best use of Saskatchewan’s forest assets, together with using chips and different smaller items of wooden from sawmill manufacturing,” he mentioned.
Power and Sources Minister Bronwyn Eyre mentioned growing the forestry sector can also be a key aim within the authorities’s progress plan.
“The restart of the Paper Excellence pulp mill is anticipated to create over 1,650 direct and oblique jobs, whereas enhancing northern and Indigenous financial and labour improvement alternatives inside our world-class forestry sector,” she mentioned.
Paper Excellence has allotted $550 million in capital investments to refurbish and improve the ability.
Dal Monte mentioned the corporate continues to work with stakeholders because it strikes ahead with the restart of the mill.
“We stay devoted to finishing the ability’s pre-engineering and submitting crucial provincial environmental approvals to realize our focused late 2023 restart date,” he mentioned.
“As with many giant tasks, we’re refining our understanding of the ability’s economics and the wanted funding preparations.”
The corporate mentioned it is usually assembly with key Indigenous companions and companies that may type the availability chain for the mill.
Paper Excellence mentioned 200 individuals might be employed on the mill and estimates the financial spinoff for northern Saskatchewan at greater than $300 million yearly.
The Prince Albert pulp mill opened in 1968 as a softwood kraft pulp mill.
It was bought by Weyerhaeuser in 1986 and remained in operation till 2006 when it was closed and subsequently purchased by Domtar.
Paper Excellence purchased the mill from Domtar in 2011, which included a 10-year non-compete clause for paper-grade pulp that expired in March.
Prince Albert, Sask. pulp mill receives $600K injection from Paper Excellence
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