Paper Excellence Receives $8.6 million to Help Company Cover Energy Efficiency Investments
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Paper Excellence will receive $8.6 million from the B.C. government to help cover the cost of equipment that reduce the use of natural gas and increase energy efficiency at its pulp and paper mills in British Columbia, Canada, Business Intelligence for BC (BIV) reports.
The grant is under the CleanBC Industry Fund, which uses carbon taxes to subsidize investments that reduce industry’s greenhouse gas profile.
“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.
