Paper Excellence Declared Investment in Port Alberni Mill
The Catalyst Port Alberni mill will make use of unique pulping capabilities to produce new grades.
SEATTLE (Scrap Monster): Paper Excellence announced that it has received $4.5 million funding from the Investments in Forest Industry Transformation (IFIT) program. The above sum will be used to support the transformation project underway at its Catalyst Port Alberni Mill.
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The company plans to invest $4.5 million to expand the mill’s production capacity for food packaging papers. The transformation project will make the mill capable to produce food grade papers, in place of printing and writing grades. It must be noted that demand for printing and writing paper grades has been on a steady decline over the years. On the other hand, food grade paper market demand has been on the rise, driven by its use as a sustainable alternative to single-use plastic containers.
The Catalyst Port Alberni mill will make use of unique pulping capabilities to produce new grades.
Commenting on the investment, Graham Kissack, Vice President, Environment, Health & Safety and Corporate Communications noted that the funding from IFIT will help Paper Excellence to achieve the vision of modernizing its paper production. The mill is committed to produce sustainable, value-added forest products that will meet the market demands of the future, he added.
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