Resolute to invest $38 million in its Kenogami mill in Quebec

Specifications:

Name:

Resolute to invest $38 million in its Kenogami mill in Quebec

Location:

Quebec

Company:

Resolute

Estimated Cost:

$38 million

Source:

resolutefp.com

Introduction:

Resolute Forest Products Inc announced the construction of a commercial plant specializing in the production of cellulose filaments, a new sustainable biomaterial derived from wood fiber, at its Kenogami paper mill in Quebec as well as the optimization of the mill, at a total cost of $38 million.

Features:

Cellulose filaments are derived from wood fiber that is mechanically processed without chemicals or enzymes. They are manufactured entirely from renewable sources, resulting in a low carbon footprint. Offering a wide variety of uses and a number of benefits, the filaments can be integrated into commercial and consumer products from many industries, including transportation, construction and energy, increasing the resistance and durability of those products.

The new $27 million project will create eight jobs in the startup phase slated for 2021, and a total of 23 jobs once the plant reaches its full production capacity of 21 metric tons per day. These new jobs will be in addition to the 200 existing positions at the paper mill.

Resolute will also invest $11 million to enhance the Kénogami paper mill's short-term competitiveness by modernizing equipment in order to produce high-grade SCA+ supercalendered paper, allowing the mill to access more favorable markets. The mill has a production capacity of 133,000 metric tons of specialty papers per year.

The project will be funded in part by Quebec's Department of Forests, Wildlife and Parks ($2.5 million), Investissement Québec ($4.2 million) and Natural Resources Canada ($4.9 million).