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Paper Excellence

Broader sector Private
Headquarters
Vancouver, CA
Segment
Diversified Forestry
Stories held
1
Last story
17 Sep 2026

Paper Excellence is a Canadian pulp and paper producer headquartered in Vancouver, British Columbia, with mills across Canada including Thunder Bay, Ontario. The group is privately held, with an ownership structure linked to Indonesia's Sinar Mas conglomerate and the Wijaya family, and it also controls Resolute Forest Products' former Canadian operations.

1 stories · 2026

Ontario funds boiler and chemical-plant upgrade plans at Thunder Bay pulp mill

Thunder Bay Pulp and Paper will receive more than CAD 2.4m in Ontario provincial funding to plan boiler and chemical-plant upgrades expected to raise daily kraft production by 11%. The upgrades would also cut bleaching-chemical use by around 30% and reduce annual natural gas consumption by more than 5 million cubic metres. Separately, Ontario is providing CAD 93,000 to AUX Energy for a biomass generator project in Fort Frances and CAD 33,000 to Weyerhaeuser for production-line upgrade studies.

Why this mattersThe upgrade would lift kraft capacity at a Northwestern Ontario mill while cutting gas and chemical use, supporting the region's forestry-sector cost base.

  • Ontario will provide more than CAD 2.4m for planning of boiler and chemical-plant upgrades at Thunder Bay Pulp and Paper.
  • The upgrades are expected to raise daily kraft production by 11%.
  • The mill would need over 130,000 tonnes of additional annual forest biomass to support the higher output.
  • Bleaching-chemical use would fall by around 30% and natural gas consumption by more than 5 million cubic metres a year.
  • AUX Energy will receive CAD 93,000 to plan a biomass-powered generator project in Fort Frances.
  • Weyerhaeuser will receive CAD 33,000 to study production-line upgrades.
Domtar mentioned Government of Ontario counterparty Thunder Bay Pulp and Paper AUX Energy counterparty Weyerhaeuser counterparty Ontario Ministry of Natural Resources counterparty Ontario Forest Industries Association mentioned Atlas Holdings counterparty Resolute Forest Products mentioned Paper Excellence mentioned
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