Peak Renewables acquires Chetwynd pulp mill

CHETWYND, B.C. – Peak Renewables announced Thursday that it had acquired the Chetwynd Pulp Mill from Paper Excellence.

The wood products company says it will remediate the mill site and repurpose the land and buildings for other industrial uses.

Scott Bax, CEO of Peak Renewables, says the company is “extremely pleased” to acquire the site that has been out of operation since 2015.

“This is a large industrial site, with excellent services, located in a very strategic area.  We believe there are multiple potential future uses for the site.  We will pursue those opportunities in full partnership with local First Nations,” said Bax.

Chief Justin Napoleon of Saulteau First Nations says the band welcomes the company and their future plans for the site.

“We are working with Peak on the site clean up, and we very much look forward to helping Peak develop new opportunities for sustainable economic development at the site,” said Napoleon.