Resolute investing $52 million into Quebec pulp mill
May 14, 2018 – Resolute Forest Products Inc. is investing more than $52 million into a strategic plan for its Saint-Félicien pulp mill in the Lac-Saint-Jean region of Quebec.
"The significant investments at Saint-Félicien are expected to improve several areas of the operation, increasing the average daily production capacity by 76 metric tons and reducing greenhouse gas emissions from the use of fossil fuels by 20 per cent," Yves Laflamme, president and chief executive officer of Resolute, said.
The announcement was made at a news conference attended by Quebec Premier Phillippe Couillard and several other dignitaries and company employees.
On April 30, Resolute announced a $13-million investment in its La Doré (Quebec) wood products facilities, also located in Lac-Saint-Jean. In 2016, the company inaugurated Toundra Greenhouse, located adjacent to the Saint-Félicien pulp mill, a $100-million joint venture project with local investors.
Resolute employs close to 240 workers at the pulp mill, and more than 2,000 in the Saguenay–Lac-Saint-Jean region. The upgrades are expected to be completed by the end of 2019.
Resolute Forest Products is a global leader in the forest products industry with a diverse range of products, including market pulp, tissue, wood products, newsprint and specialty papers, which are marketed in close to 70 countries. The company owns or operates some 40 manufacturing facilities, as well as power generation assets, in the United States and Canada.
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