Brief: West Fraser Timber To Sell Hinton Pulp In Alberta

West Fraser Timber Co

10/07/2023 12:05

July 10 (Reuters) - West Fraser Timber Co Ltd  WFG.TO :
    * WEST FRASER TO SELL HINTON PULP IN ALBERTA; ENTER INTO LONG-TERM FIBRE
SUPPLY
AGREEMENT
    * WEST FRASER TIMBER CO LTD - EXPECTS TO RECORD A SIGNIFICANT IMPAIRMENT
LOSS IN
CONNECTION WITH DISPOSAL OF HINTON PULP MILL GIVEN NOMINAL PROCEEDS
    * WEST FRASER TIMBER CO LTD - MONDI'S INTENTION, SUBJECT TO PRE-ENGINEERING
AND
PERMITTING, IS TO INVEST EUR 400 MILLION IN EXPANSION OF HINTON MILL
    * WEST FRASER TIMBER CO LTD - HINTON MILL IS ANTICIPATED TO BE OPERATIONAL
FROM
SECOND HALF OF 2027

Source text for Eikon:  ID:nCNWQp4gsa 
Further company coverage:  WFG.TO 

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