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RBC highlights paper products news for week of April 7: West Fraser and Mercer dissolve 50/50 JV in Cariboo Pulp & Paper; recovered paper prices hit the brakes; Metsa provides updates on Finnish mills, begins to ramp up pulp production at Joutseno mill

West Fraser Timber becomes sole owner of British Columbia-based Cariboo Pulp and Paper after dissolution of JV with Mercer International; Cariboo Pulp and Paper has capacity to produce up to 340,000 tonnes of Northern Bleached Softwood Kraft pulp annually

West Fraser Timber to continue as sole owner and operator of Cariboo Pulp and Paper's mill in Quesnel, British Columbia, after dissolving 50/50 JV with Mercer; no termination or other amounts are payable, with Mercer to retain certain finished products

West Fraser Timber, Mercer to dissolve their 50/50 JV in Cariboo Pulp and Paper in Quesnel, BC; West Fraser will continue as sole owner/operator of the mill, which has capacity to produce up to 340,000 tonnes/year of NBSK pulp, employs nearly 300 people

Mercer acquires British Columbia's Structurlam Mass Timber for US$83.5M; transaction for bankrupt Structurlam wins Materials Deal of the Year award at 18th Annual Turnaround Awards, presented by M&A Advisor

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