Displaying items by tag: West Fraser

Monday, 18 July 2011 08:00

KM LNG to Purchase Eurocan Site

West Fraser today announced that it has entered into an agreement to sell its Eurocan site located in Kitimat, B.C. and related assets to KM LNG Operating General Partnership. The sale is expected to be completed later in 2011.


“Further to the earlier agreement to sell the wharf to Rio Tinto Alcan Inc., we are pleased to announce the sale of the site to KM LNG, an industrial consortium led by Apache Canada Ltd.” stated Hank Ketcham, West Fraser’s Chairman, President and CEO.


West Fraser is an integrated wood products company producing lumber, wood chips, LVL, MDF, plywood, pulp and newsprint. The Company has operations in western Canada and the southern United States.


West Fraser shares trade on the Toronto Stock Exchange under the symbol: “WFT”.

Published in Canadian News
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Metso will supply Hinton Pulp with a rebuild of their market pulp machine in Hinton, Alberta, Canada. The project will be delivered and installed in late 2011. The value of the order exceeds EUR 10 million. The order is included in Paper and Fiber Technology’s Q4 orders received.

Metso’s delivery will include a new top wire former, press section modifications, air borne dryer rebuild, dry end pulper rebuild, and a new high-capacity cutter layboy.

The rebuild will significantly increase the pulp machine’s capacity. Brian Grantham, General manager, Hinton Pulp, states: “The upgrade to the pulp machine will allow the mill to produce more green power, reduce its natural gas consumption, and lower its carbon footprint.”

Hinton Pulp is a division of West Fraser Timber Co. Ltd. West Fraser is an integrated wood products company producing lumber, wood chips, LVL, MDF, plywood, pulp and newsprint. The Company has operations in western Canada and the southern United States.

Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 27,000 employees in more than 50 countries. www.metso.com

For further information for the press, please contact:
Peter Jones, General Sales Manager, Pulp Drying, Fiber business line, Metso, tel. +1 770 263 1597

Jukka Tiitinen, President, North America, Paper and Fiber Technology, Metso, tel. +358 40 740 6178 or +1 404 433 0937

Published in European News

West Fraser will proceed with an energy efficiency upgrade of its Hinton Pulp pulp machine. The project, which is expected to cost approximately $37 million, will be funded with credits earned under the Canadian federal government’s “Pulp and Paper Green Transformation Program”.

The pulp machine upgrade will allow Hinton Pulp to produce more pulp with greater energy efficiency and produce additional energy. The additional energy will be enough to power approximately 720 average homes. The mill’s natural gas consumption is expected to be reduced by more than 55,000 gigajoules per year and greenhouse gas emissions are expected to be reduced by more than 2,750 tonnes annually. As a result of this project and other initiatives, pulp production is expected to increase to 420,000 tonnes, returning the mill to levels achieved when the mill ran two production lines. The successful completion of this project is expected to be an important step for Hinton Pulp in improving its overall competitiveness and long-term outlook.

This News Release contains certain forward-looking statements about potential future developments, in particular those relating to the anticipated benefits from the Hinton Pulp machine energy efficiency project. These are presented to provide reasonable guidance to the reader. Their accuracy and the actual achievements of such benefits depend on and are subject to a number of assumptions, risks, and uncertainties and other factors. Accordingly, readers should exercise caution in relying upon forward-looking statements and West Fraser undertakes no obligation to publicly revise them to reflect subsequent events or circumstances except as required by applicable securities laws.

West Fraser is an integrated wood products company producing lumber, wood chips, LVL, MDF, plywood, pulp and newsprint. The Company has operations in western Canada and the southern United States.

Published in Canadian News
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