Court sets April 15 deadline for Columbia Pulp to either pay debt of US$758,490 plus fees to construction company DKB or sell its wheat straw pulp mill in Lyons Ferry, Washington

LOS ANGELES , March 11, 2022 (Industry Intelligence Inc.) –

The Superior Court of Columbia County, Washington, ordered Columbia Pulp LLC to sell its wheat straw pulp mill on Apr. 15 as a condition of a debt judgement, according to a court document published by the Columbia County Sheriff's Department's Facebook page on Mar. 10.

The document states that Columbia Pulp must either sell its assets in Lyons Ferry or pay $758,490 plus fees, interests, and other costs to DKB Inc., a Washington-based construction company, before the Apr. 15 sale date. 

As previously reported, Columbia Pulp idled operations in February amid production and market development challenges.

The primary source for this article is the Columbia County Sheriff's Department, published on Mar. 10, 2022. To read the original court order, click here. 

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.