{"id":8629,"date":"2025-04-30T11:05:04","date_gmt":"2025-04-30T14:05:04","guid":{"rendered":"https:\/\/www.qccrfm.com\/news\/?p=8629"},"modified":"2025-04-30T18:51:53","modified_gmt":"2025-04-30T21:51:53","slug":"northern-pulp-seeks-second-extension-as-it-studies-liverpool-mill-possibility","status":"publish","type":"post","link":"https:\/\/www.qccrfm.com\/news\/2025\/04\/30\/northern-pulp-seeks-second-extension-as-it-studies-liverpool-mill-possibility\/","title":{"rendered":"Northern Pulp seeks second extension as it studies Liverpool mill possibility"},"content":{"rendered":"
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An undated aerial photo of the former Bowater Mersey plant in Brooklyn. (Queens County Historical Society Photo Collection, housed at the Queens County Museum)<\/p><\/div>\n

Northern Pulp has asked for another extension in protection from its creditors as it continues to look for financing to build a new kraft pulp mill in Liverpool.<\/p>\n

The company, owned by Domtar-controlled Paper Excellence, has been under creditor protection since June 2020 after it closed its pulp mill in Abercrombie Point, Pictou County.<\/p>\n

On March 10, the company and the Nova Scotia government announced<\/a> that Northern Pulp would get a five-week extension while it tried to make a profitable business case for a new kraft pulp mill in Liverpool.<\/p>\n

That was after the company said that its nine-month feasibility study found that a new mill in Liverpool didn’t make business sense. It said it would spend the five-week extension looking for private and public financing.<\/p>\n

The multinational corporation estimated a new mill would cost $2.5 billion in government and private funding to design and build. And it would require an annual rate of return of at least 14 per cent, as outlined in a settlement agreement signed with the Nova Scotia government and approved by a B.C. court in May 2024.<\/p>\n

Bowater operated a pulp and paper mill in Brooklyn, near Liverpool, from 1929 to 2012, over the years employing thousands of people in Queens County.<\/p>\n

In a news release Tuesday evening, Northern Pulp said it filed documents earlier in the day requesting the extension under the Companies’ Creditors Arrangement Act until July 18.<\/p>\n

“The company will use this time to further advance preparations for a potential sale of its assets, should a new mill not be feasible,” the release said. “Additionally, Northern Pulp will continue discussions with various stakeholders and rights holders regarding the feasibility of establishing a new bioproducts hub in Liverpool, Nova Scotia.”<\/p>\n

Premier Tim Houston sent a letter on March 20<\/a> to Prime Minister Mark Carney and Conservative Leader Pierre Poilievre asking them both to support the company’s application for federal financing through the Canada Infrastructure Bank.<\/p>\n

Natural Resources Minister Tory Rushton told QCCR in March<\/a> that the province has been working with the company to make a new mill work.<\/p>\n

\u201cWe know we need a home for the low-grade wood fibre but at the end of the day, this is going to be a business decision from their part,\u201d Rushton said.<\/p>\n

\u201cWe\u2019re willing to work with them to meet the environmental standards of a new-era mill that would find a home for ecologically produced forest products.”<\/p>\n

Paper Excellence has said a new mill would also potentially produce biogas and biochemicals used in food, pharmaceuticals, cosmetics and adhesives.<\/p>\n

Last May, Houston announced a deal with Paper Excellence to settle the company\u2019s $450-million lawsuit against the province after Northern Pulp was forced to close its mill because of environmental concerns.<\/p>\n

The hearing on the company’s latest request is set for Fri., May 2.<\/p>\n

Email: rickconradqccr@gmail.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Northern Pulp has asked for another extension in protection from its creditors as it continues to look for financing to build a new kraft pulp mill in Liverpool. The company, owned by Domtar-controlled Paper Excellence, has been under creditor protection since June 2020 after it closed its pulp mill in Abercrombie Point, Pictou County. On […]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[13,5],"tags":[745,2872,2231,2259,39,2873,2225,2226,3056,2227,49,98,719],"class_list":["post-8629","post","type-post","status-publish","format-standard","hentry","category-community-news","category-news-posts","tag-bowater","tag-domtar","tag-industry","tag-kraft-pulp-mill","tag-liverpool","tag-mill","tag-northern-pulp","tag-paper-excellence","tag-pictou-county","tag-pulp-mill","tag-queens-county","tag-tim-houston","tag-tory-rushton"],"_links":{"self":[{"href":"https:\/\/www.qccrfm.com\/news\/wp-json\/wp\/v2\/posts\/8629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.qccrfm.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.qccrfm.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.qccrfm.com\/news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.qccrfm.com\/news\/wp-json\/wp\/v2\/comments?post=8629"}],"version-history":[{"count":4,"href":"https:\/\/www.qccrfm.com\/news\/wp-json\/wp\/v2\/posts\/8629\/revisions"}],"predecessor-version":[{"id":8642,"href":"https:\/\/www.qccrfm.com\/news\/wp-json\/wp\/v2\/posts\/8629\/revisions\/8642"}],"wp:attachment":[{"href":"https:\/\/www.qccrfm.com\/news\/wp-json\/wp\/v2\/media?parent=8629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.qccrfm.com\/news\/wp-json\/wp\/v2\/categories?post=8629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.qccrfm.com\/news\/wp-json\/wp\/v2\/tags?post=8629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}