Kruger announces that its affiliate Kruger Specialty Papers Holding L.P. completed the acquisition of Domtar’s pulp mill in Kamloops, British Columbia, Canada.
The Kamloops facility, which manufactures northern bleached softwood kraft pulp (NBSK) and unbleached softwood kraft pulp, will continue to operate as usual, honouring all existing volume commitments and agreements with customers and suppliers. The Mill’s 320 jobs will be maintained. In addition, Kruger intends to maintain ongoing initiatives to continue modernizing the Mill.
This acquisition will also enable Kruger to secure the supply of high-quality pulp for some of its paper mills, including those in Quebec, where the Company is investing about $1 billion for the construction of two state-of-the-art tissue plants.
The Company also recognizes the important role that the Kamloops Mill plays in the Thompson/Okanagan region and will work closely with local sawmills and wood fibre suppliers to strengthen relationships with these key partners.
Founded in Canada in 1904, Kruger Inc. is a major provider of tissue products; 100% recycled containerboard; corrugated packaging; publication papers; specialty papers; pulp; renewable energy; cellulosic biomaterials; and wines and spirits. The Company is also a leader in paper and paperboard recycling in North America.
