Aditya Birla Group to Buy Terrace Bay Pulp

The Aditya Birla Group of India is the successful bidder for Terrace Bay Pulp.

Through their Canadian subsidiary, The AV Group, Aditya Birla Group currently operates the Nackawic (“AV Nackawic“) and Atholville (“AV Cell“) mills in New Brunswick, producing dissolving pulp to export to rayon producers in Asia.

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SOURCE: ForestTalk.com