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آرشیو برچسب های: Alberta

West Fraser to sell two pulp mills in Western Canada to Atlas Holdings

West Fraser Timber and Atlas Holdings recently announced the signing of a definitive agreement for the sale of West Fraser’s Quesnel River Pulp mill in Quesnel, British Columbia and its Slave Lake Pulp mill in Slave Lake, Alberta to Atlas. Atlas owns and operates several pulp, paper and wood products businesses in Canada and the United States.

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West Fraser to sell Hinton Pulp in Alberta to Mondi Group

West Fraser Timber Co. Ltd. announced an agreement to sell its unbleached softwood kraft pulp mill in Hinton, Alberta to Mondi Group plc, a global company in sustainable packaging and paper.

The transaction establishes a long-term partnership between the two companies in the region. Pursuant to the transaction, West Fraser will continue to supply fibre to the Hinton mill under long-term contract, via residuals from West Fraser’s Alberta sawmills. Mondi’s intention, subject to pre-engineering and permitting, is to invest Euro 400 million in the expansion of the Hinton mill, primarily for a new 200,000 tonne per annum kraft paper machine, anticipated to be operational from the second half of 2027.

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