Resolute Forest Products Inc. today announced a $52.3 million strategic investment plan for its Saint-Félicien pulp mill, located in the Lac-Saint-Jean region of Quebec.
The announcement was made at a press conference attended by Quebec Premier Philippe Couillard.
“The significant investments at Saint-Félicien are expected to improve several areas of the operation,” said Yves Laflamme, president and chief executive officer, “increasing the average daily production capacity by 76 metric tons and reducing greenhouse gas emissions from the use of fossil fuels by 20 per cent.”
On April 30, Resolute announced a $13 million investment in its La Doré wood products facilities, also located in Lac-Saint-Jean. In 2016, the company opened Toundra Greenhouse, located adjacent to the Saint-Félicien pulp mill, a $100 million joint venture project with local investors.
Resolute employs close to 240 workers at the pulp mill, and more than 2,000 in the Saguenay–Lac-Saint-Jean region.
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The upgrades are expected to be completed by the end of 2019.
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