Northern Pulp to initiate asset sales process as part of CCAA
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Editor's Note 
 
Hello, this is Andrew Snook with your news of the week. In today’s newsletter learn about Northern Pulp initiating its asset sales process, Kruger investing in its Memphis site, and more! Happy reading!
- Andrew Snook, Editor
 
News 
 
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Northern Pulp to initiate asset sales process as part of CCAA

Northern Pulp Nova Scotia announced on July 14 that, in conjunction with the court-appointed monitor Ernst & Young (EY), it will initiate a court-supervised sales process for the company’s assets under the Companies’ Creditors Arrangement Act (CCAA), as outlined in its settlement agreement with the Province of Nova Scotia in May 2024.


Lumber sales pause on dual national holidays

A dual national holiday-shortened week kept business to a minimum. Players largely looked to mid-July for an indication of how the market will head into summer.


Kruger Products’ Memphis site announces new converting line for bathroom tissue and paper towels

Kruger Products announced that its subsidiary, K.T.G. (USA) Inc. will be investing approximately $35 million in a new converting line for bathroom tissue and paper towels at its site in Memphis, Tenn.


 
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B.C./Canada’s dilemma in the U.S. and export markets

U.S. market conditions have been lackluster since the Trump tariffs on Canadian lumber were postponed for the second time in early April. » Read More...

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Woodrise International Congress    -    September 22, 2025

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