Paper Excellence expands production capacities in Canada. Chetwynd pulp mill becomes the company's seventh production site in the country.
Canada's Tembec has closed the sale of its pulp mill and related assets located in Chetwynd, in the Province of British Columbia to Paper Excellence Canada Holdings Corporation (Paper Excellence). The mill has been sold for a "nominal amount," Tembec announced. Approximately 80 employees were included in the transaction.
The high-yield pulp mill in Chetwynd has a production capacity of 240,000 tpy of hardwood BCTMP. Production has been standing still since September 2012.
Paper Excellence has purchased several mills from Tembec in the past, amongst them the two French Tarascon and Saint Gaudens pulp mills. With the acquisition of the Chetwynd high-yield pulp mill, the company has expanded its production basis in Canada to seven sites with a total installed capacity of some 1.85 million tpy of pulp and 230,000 tpy of newsprint.