Canada’s pulp and paper company Kruger Inc has announced that its affiliate Kruger Specialty Papers Holding L.P. completed the acquisition of Domtar's pulp mill in Kamloops, British Columbia.
The acquisitions was announced in mid-May.
The Kamloops facility, which manufactures 400,000 tpy of NBSK and unbleached softwood kraft pulp, will continue to operate as usual, honouring all existing volume commitments and agreements with customers and suppliers, Kruger announced. The mill's 320 jobs will be maintained.
In addition, Kruger intends to maintain ongoing initiatives to continue modernising the mill.
This acquisition will enable Kruger to secure the supply of pulp for some of its paper mills, including those in Quebec, where the Company is investing about $1bn for the construction of two state-of-the-art tissue plants.