Port Hawkesbury Paper mill, located in Cape Breton, Nova Scotia, produces high quality supercalendered (SC) paper for use in retail inserts, magazines and catalogs. Modern equipment, in combination with effective management and a highly skilled workforce, make the mill one of the premier paper manufacturers in the world. In addition to its SC machine, the mill has three thermomechanical pulp (TMP) lines. The paper mill was purchased, completely restructured through the Companies’ Creditors Arrangement Act under a new business plan, and resumed production in 2012.
Investment Category: Paper
Alberta Newsprint Company (ANC) is an unincorporated joint venture owned equally by Whitecourt Newsprint Company Limited Partnership (whose general partner is a Stern Partners company) and West Fraser Mills Ltd. Ronald N. Stern was instrumental in the development and start-up of ANC, a $400 million greenfield project completed in 1990. The ANC mill is among the lowest cost and highest quality newsprint and high bright paper manufacturers in North America.
Associated with its newsprint operations, ANC Power has recently commissioned a stand-alone, gas-fired reciprocating engine power plant capable of providing approximately 65MW of electrical power for use by the newsprint mill or for export to the Alberta power grid. The power plant will operate as a ‘peaker’ plant, being taken on-line or off as warranted by fluctuations in market power prices.
In 2013, ANC Transloading Inc. located at the ANC mill site, commenced operations with two transload facilities that provide rail access for inbound and outbound materials in West Central Alberta. The new Marsh Head transload facility, which is now under development, complements the current ANC Transloading operations adjacent to the mill in Whitecourt.