MONTREAL, QC — Abitibi-Consolidated Inc. plans to invest $50 million in the next 18 months to build a new deinking plant to support its newsprint mill in Thorold, ON. Once complete, the Thorold site …
MONTREAL, QC — Abitibi-Consolidated Inc. plans to invest $50 million in the next 18 months to build a new deinking plant to support its newsprint mill in Thorold, ON. Once complete, the Thorold site will become the second, and largest, newsprint mill in Canada to produce newsprint from 100% recycled fibre. “This investment will not only simplify Thorold’s pulping process, but will also reduce production costs and enhance the quality of the mill’s newsprint”, said Denis Jean, senior vice-president, northern newsprint operations. “With 100% recycled newsprint in their supplier mix, our customers will be better able to meet minimum recycled content requirements in various markets.”
The cost of the project is included in the company’s previously announced capital expenditure program. Construction of the new deinking plant is scheduled to begin in the spring and become operational in the summer of 2002. The mill has an annual production capacity of over 400 000 tonnes, and employs about 500 people.
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