Union and West Fraser to Meet to Talk Eurocan
By 250 News
Monday, May 31, 2010 03:56 AM
Kitimat, B.C. - There will be a special meeting today as the Eurocan Viability Group sits down with West Fraser to talk about investor potential, and employee buy-in to reopen and run the Eurocan pulp mill.
A recent report indicates the mill could be viable within 5 years operation a single paper machine.
West Fraser closed the mill in late January and has already moved some of the assets from the site. The meeting today is to see if West Fraser will leave the remaining assets in place until the Viability group has had an opportunity to present its case to possible investors.
A secure, affordable fibre supply has been a key issue for the plant. The newly formed Northwest Coalition has agreed to provide the fibre if the mill re-opens.
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I see BP is also trying to get the government to lower its safety standards for drilling in the Arctic. I wonder what could go wrong with that?