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Private Chinese Company Looks At Kitimat and MacKenzie Mills

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Timber Procurement

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Japan- BC Forest Minister Pat Bell says he has signed a memo of understanding with a private Chinese company to look at the books of the Mackenzie and Kitimat Pulp mill.
 
Bell says the first memo of understating was signed Monday to examine the possibly of a sale of the Worthington Pulp Mill. He added that the government also at the same time signed a MOU with a Chinese company to look into the possible takeover of Eurocan Pulp and Paper in Kitimat.
 
West Fraser announced recently that they will shut down the mill on January 31st of 2010.
 
Bell says this has been a most successful trade mission to China and are now focusing their attention on a Japanese trade show.

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Issued by:  Opinion250

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Issue date: November 13, 2009

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Extpub | by Dr. Radut