Paper Excellence has received $8.6 million of the more than $70 million in provincial funding announced by British Columbia's CleanBC Industry Fund.
CleanBC Industry Fund is a provincial government program that invests a portion of government’s carbon tax revenues into businesses working on emission reduction projects. This round of funding is expected to reduce emissions by 4.6 million tonnes of CO2 equivalent over the next decade.
“This funding is being invested at four of our BC mills into projects that will reduce the mills’ greenhouse gas (GHG) emissions and improve efficiency,” said Graham Kissack, Vice President, Environment, Health & Safety, and Corporate Communications. “Programs like the CleanBC Industry Fund are helping industry achieve British Columbia’s ambition for a low carbon future.”
The four mills - Catalyst Crofton, Catalyst Port Alberni, Howe Sound Pulp & Paper, Skookumchuck Pulp - employ more than 1,500 people in rural BC and make an economic contribution of $2.25 billion annually.
Paper Excellence, headquartered in British Columbia, is a diversified manufacturer of pulp and specialty, printing, writing, and packaging papers.
