March 22, 2024 - Kruger on March 15 said that its Corner Brook Pulp and Paper mill, under an agreement with the Government of Newfoundland and Labrador, will sell excess green energy from its Deer Lake Power assets to Newfoundland and Labrador Hydro.
The Corner Brook mill, located in Newfoundland, produces newsprint from thermomechanical pulp. The mill has two hydroelectric plants and a biomass cogeneration plant as well as a woodlands department.
The energy agreement, which benefits both entities, will better position the Corner Brook mill to face increasingly challenging conditions in the global newsprint market.
Furthermore, a Kruger said that a dedicated task force will work to identify viable projects to diversify Corner Brook's production in the field of wood-based bioproducts. The goal is to add revenue sources to make operations more sustainable in the long term, while also unlocking Newfoundland and Labrador's high forest potential.
Headquartered in Montréal, Canada, Kruger is a producer of pulp and paper, paperboard and packaging, and is now also active in such diverse sectors as green energy, tissue products, recycling and biomaterials.
SOURCE: Kruger Inc.
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