
News
SFK gets $6 million loan
February 27, 2007
By Pulp & Paper Canada
By Pulp & Paper Canada
February 27, 2007
By Pulp & Paper Canada
By Pulp & Paper Canada
SFK Pulp Fund has obtained $6 million worth of financial assistance in the form of an interest-free loan from Inves…
SFK Pulp Fund has obtained $6 million worth of financial assistance in the form of an interest-free loan from Investissement Qubec, through the Soutien lindustrie forestire program.
The capital contribution will allow the company to modernize its mill in Saint-Flicien, through the upgrading of its brown pulp washing technology. This change will facilitate the implementation of new environmental standards.
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This financial assistance will allow SFK Pulp to accelerate its investment program at the Saint-Flicien mill, and, thus, maintain the mills level of excellence, Andr Bernier, president and CEO of SFK said.