Wednesday, December 12, 2012

Bowater Mill Site Future Outlined By Premier


Resolute Forest Products Ltd. closed the former Bowater-Mersey paper mill near Liverpool in June.
As expected, the former Bowater Mersey paper mill in Brooklyn will be converted into a research, development and demonstration facility. Premier Darrell Dexter made the announcement this morning at the site. He says his government is teaming up with Emera and Cellufuel, a renewable energy company, to launch the site. The establishment of the centre comes after the government made a deal this week to acquire the Bowater woodlands from Resolute Forest Products Ltd. while taking on $117.7 million in debt. Emera has signed-on as the centre's first tenant, promising to spend at least $1 million over the next five years. The provincial government is also giving $500,000 to Cellufuel, and half of that money is intended to help the company turn wood biomass into renewable diesel fuel.