Chapleau contractor buying Atikokan pellet mill

A forestry contractor based in Chapleau, Ont., is buying a wood pellet mill that currently serves the Atikokan Generating Station from its bankrupt owner Rentech. Northern Ontario Business reports that “a numbered company (2607043 Ontario Inc.), affiliated...

Venture capital firms show interest in bioeconomy

SARNIA, Ont. – A building block for the support of early-stage Canadian bioeconomy and cleantech companies has been announced by Bioindustrial Innovation Canada (BIC). BIC has signed a Memorandum of Understanding (MOU) with each of five key venture capital firms...

Norbord earnings rose on higher OSB prices

TORONTO — Norbord Inc. reported Adjusted EBITDA of US$200 million for the third quarter of 2017 versus US$115 million in the third quarter of 2016 and US$165 million in the second quarter of 2017. The improvement is primarily due to...

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