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Northern Pulp gets creditor protection through Apr. 30


December 14, 2020
By P&PC Staff

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Northern Pulp. Photo: © Murdo Ferguson/Paper Excellence

British Columbia’s top court has extended Northern Pulp’s creditor protection until April 30.

The Chronicle Herald reports that the approval from B.C. Supreme Court justice Shelley Fitzpatrick came down Dec. 11.

The Nova Scotia–based Northern Pulp expects its loans from B.C.–based parent company Paper Excellence will last until June.

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As part of its Dec. 4 application to extend its creditor protection, which was awarded in August, Northern Pulp representatives said the mill will submit a new plan for a redesigned effluent treatment plant to the province of Nova Scotia in early 2021.

Read the Chronicle Herald’s full article here.