FORT ST. JOHN – Peace River MLAs Pat Pimm and Mike Bernier congratulate Canfor and Pacific BioEnergy on forming a partnership to construct new wood pellet plants in Fort St. John and Chetwynd.
The partnership follows the successful conclusion of a long term supply agreement with a major Japanese trading company.
“The two new mills will have combined annual production capacity of 175,000 metric tonnes and over 1.5 million tonnes will be delivered to a Japanese electrical utility under the 10-plus year contract,” Pacific BioEnergy President Wayne Young said. “The new plants will be commissioned by the end of the first quarter of 2016.”
“It is extremely nice to see our local area investing in the pellet industry by building plants in Fort St. John and Chetwynd,” Peace River North MLA Pat Pimm said.
“This strategy puts our region on the map for potential investors, bringing new investment to grow the economy and create jobs for British Columbians,” Peace River South MLA Mike Bernier said.
Through a new Asia trade strategy, the B.C. government will be opening trade and investment representative offices in Southeast Asia.
This strategy will help more local businesses achieve success in the Asian market through a number of key actions, including a new streamlined system to help small- and medium-sized companies become export ready and get their goods to market, giving businesses a single point of contact for support. As well, the B. C. government is partnering with the Asia Pacific Foundation to offer Asian business literacy information and helping connect businesses with new, emerging markets in Asia through opening trade and investment representative offices in the Philippines and Indonesia.
This strategy expands on the work of the BC Jobs Plan to grow trade and investment with priority markets in Asia.
Learn more about Raising Our Game in Asia: The BC Jobs Plan Trade Strategy at gov.bc.ca/mit/ministryreports.