Prince Albert redevelopment stops
December 4, 2007 By Pulp & Paper Canada
Montreal, QC Domtar has been informed that the Government of the Province of Saskatchewan is not prepared to parti…
Montreal, QC Domtar has been informed that the Government of the Province of Saskatchewan is not prepared to participate in the financing of the redevelopment of the Prince Albert pulp mill as set forth in a Memorandum of Understanding (MOU) signed on September 12, 2007.
Domtar noted that although it recognizes that the Saskatchewan Government remains committed to ensuring the future of northern Saskatchewan’s forest resource, the Government’s decision to withdraw its support narrows down Domtar’s options regarding the Prince Albert facilities. As a consequence, Domtar has announced that it will terminate all work being done on this project.
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