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International Forest Products Partners with China's Tricell

Dec. 18, 2007 - International Forest Products (IFP) said that it has entered into a partnership with Hong Kong-based Tricell Pulp and Paper Ltd. in a deal that will bolster both parties' sales and sourcing of market pulp in the Chinese market..

“We are very happy to have consummated this partnership,” said Daniel Kraft, president and COO of IFP. “We have supplied containerboard and recovered fiber to the Chinese market for more than 20 years. This relationship with Tricell will align IFP with one of China’s premier pulp selling companies and allow us to grow our volumes in these grades as well.”

IFP is one of the world’s largest manufacturers and distributors of forest products commodities. The primary grades traded by IFP include: containerboard, recovered fiber, pulp, and solid wood products. IFP has subsidiary offices and sales personnel located around the world.

Tricell Pulp and Paper is headquartered in Hong Kong, with subsidiary offices located in Vancouver, B.C., Beijing, Shanghai, and Guangzhou, China.The company has been an active participant selling pulp and recovered fiber to the Chinese market for the past 20 years. Tricell is a subsidiary of ChinaLight industries, a state-owned entity based in Beijing, China.

SOURCE: International Forest Products Corp.




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