Northwood Pulpmill Improvement Dollars Delivered Today
By 250 News
Thursday, January 06, 2011 03:59 AM
Prince George, B.C. – The funding was approved last November, but today, the official announcement will be made that Canfor has secured the Federal dollars for the $100 million dollar upgrade to its recovery boiler at the Northwood Pulpmill.
The $100 million dollar capital project is planned for completion in the fourth quarter of 2011 and is expected to provide economic and environmental benefits to the pulpmill’s operations.
The funding comes from the Federal Government’s Pulp and Paper Green Transformation Program. The Canfor Pulp Limited Partnership was allocated credits up to $122.2 million from the program.
The funding is in addition to $15.6 million already approved for two other projects at the Prince George Pulpmill.
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