Federal aid will help Harmac move ahead with projects
June 30, 2009 By Pulp & Paper Canada
Officials at Nanaimo Forest Product’s Harmac pulp mill told the local newspaper they expect funding from the federa…
Officials at Nanaimo Forest Product’s Harmac pulp mill told the local newspaper they expect funding from the federal government’s Green Transformation Program will allow the mill to move forward with long-delayed projects.
Harmac president Levi Sampson told the Nanaimo Daily News the mill can move forward with plans to build an electrical generation plant that will produce power from wood waste, and well as make upgrades to the mill’s boilers to achieve higher efficiency and less effluent.
“We’ll do the work and pay for it up front and receive the federal funding for it afterwards,” said Sampson.
“I think the major lenders will come on board to lend us some money for these projects now that we have the Canadian government to back us up financially.”
According to the Nanaimo paper, Harmac uses 458 million litres of black liquor per year with one pulp line in operation. A second pulp line is expected to start up later this year.
Successful applicants to the Green Transformation Program will receive 16 cents in funding per litre of black liquor produced.
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