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Paper Excellence secures fibre supply vital to the restart of its Prince Albert pulp mill

Paper Excellence’s Prince Albert facility has been allocated 1,033,564 cubic meters of softwood fibre per year by the provincial government.

“This fibre is critical to the restart of the Prince Albert pulp mill which is currently planned for the fall of 2023,” said Carlo Dal Monte, vice-president of energy and business development. “This decision reflects the Saskatchewan government’s forward-thinking and robust job creation ambitions. They have been terrific to work with – taking a real interest in our project and the Prince Albert community.”

Paper Excellence’s Prince Albert team continues to bring better definition to the project in terms of facility equipment. “We remain dedicated to completing the facility’s pre-engineering and filing necessary provincial environmental approvals to achieve our targeted late 2023 restart date,” said Dal Monte. “As with many large projects, we are refining our understanding of the facility’s economics and the needed funding arrangements.”

The team is also regularly in touch with key Indigenous partners and businesses who form the mill’s supply chain. Through these conversations, the team is discussing shared opportunities around the mill’s fibre supply and other aspects of its operation.

Paper Excellence stated in a release that it values working collaboratively with the city of Prince Albert and its municipal partners. The company looks forward to 2023 when the site will employ 200 people creating over $300 million per year in economic lift for northern Saskatchewan.