Two of Four Bidders for Port Hawkesbury Interested in Restart
The NewPage Post Hawkesbury mill, which went into creditor protection in September, has been in the process of seeking a new owner. Reportedly, there are four bidders, two of whom will probably restart at least the 400,000 short ton per year Supercalendered paper machine, if not the newsprint/uncoated mechanical PM. Previously, Paper Excellence (part of Asian giant APP) was identified as a suitor and today Stern Partners was named as the second firm interested in running the mill again. Stern is owner or part owner of West Linn Paper, Alberta Newsprint, FP Newspapers and Canstar Publications.
