Al-Pac announces March 1 price increases for aspen-grade hardwood pulp, up US$30/tonne to US$735/tonne for North America, up US$35/tonne for Asia, to US$620/tonne in China

LOS ANGELES , February 24, 2012 () – Alberta-Pacific Forest Industries Inc. (Al-Pac) today announced that it is increasing its March 1 list prices of aspen-grade northern bleached hardwood kraft (NBHK) pulp in North America and Asia.

This is the first known March 1 announcement by a North American bleached hardwood kraft pulp producer.

Al-Pac’s price in North America will increase by US$30 per tonne, to $735/tonne.

In Asia, its price will rise by $35/tonne, bringing its price in China to $620/tonne.

Several major bleached eucalyptus kraft pulp (BEKP) producers have also announced March 1 $35/tonne increases for Asia, to $640/tonne. For North America and Europe, the BEKP producers are going up $30/tonne, to $820/tonne and $760/tonne, respectively.

Al-Pac, located in Boyle, Alberta, has a capacity of approximately 650,000 tonnes/year, of which about 90% is NBHK and the rest northern bleached softwood kraft (NBSK).

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