Alberta Newsprint Company (ANC) has spent $74 million on a power plant at their facility. Recently completed, the project generates 65 megawatts of electricity, approximately half of what is required to run ANC’s mill. ANC’s project uses state-of-the-art technology, including 10 Caterpillar reciprocating engines that each produces 8700 horsepower.

Alberta Newsprint Company invests $74 million on a power plant

16:22 / 十二月 24, 2014

Dec 24, 2014. /Lesprom Network/. Alberta Newsprint Company has spent $74 million on a power plant at their facility. Recently completed, the project generates 65 megawatts of electricity, approximately half of what is required to run ANC’s mill. ANC’s project uses state-of-the-art technology, including 10 Caterpillar reciprocating engines that each produces 8700 horsepower, as Alberta Forest Products Association said in the press release received by Lesprom Network.

This project reinforces a broader theme in Alberta’s forest industry: the industry is willing to invest to stay competitive. Between 2011 and 2015, Alberta’s forest companies will invest $1.5 billion in capital into facilities throughout the province. To put that into perspective, it’s about $375 dollars for every person in Alberta.

“Thanks to these investments and good business climate in Alberta, the forest industry is enjoying relative prosperity. Over the past year, the values of production for forest companies have climbed by 10%. This money gets invested into communities in more ways than just capital. 13,000 families in Alberta depend on wages from the forest sector. There are 50 communities throughout the province that receive a large portion of their tax revenue from forestry,” said Paul Whittaker, President and CEO of Alberta Forest Products Association.

Alberta Newsprint Company is a leading manufacturer of premium newsprint in North America.

Lesprom Network

Alberta Newsprint Company invests $74 million on a power plant

Tags

主题

市场