Wednesday, February 6, 2008

Sinar Mas Gets P&T Sawmill

This post has been delayed as I was trying to get some confirmed details in writing, but it's pretty much known that the Pope & Talbot sawmill in Fort St. James will be in foreign hands as they (Sinar Mas) were the successful bidder.
Sinar Mas is the Indonesian owner of Asia Pulp and Paper. It also has holdings in finance, agricultural chemicals, food and properties.
They also purchased the pulp mill in Mackenzie, the Harmac mill in Vancouver and a mill in Oregon.
Will workers get spicy satays with peanut sauce instead of turkey certificates next Christmas? Time will tell....
-from opinion250.com

No comments: