Irving to recieve $10.4 million for energy upgrades at two St. John, NB, mills

SAINT JOHN, NB, Jan. 6, 2011 (Press Release) - Minister of Natural Resources Christian Paradis announced today that Irving Paper will receive $10.4 million under the Pulp and Paper Green Transformation Program.

Irving Paper will use the investment to upgrade two of its mills in Saint John, New Brunswick.

The company will invest $9.1 million of the funding in a heat recovery project at its facility in Saint John to improve the energy efficiency of the facility. The remaining $1.3 million will go toward a steam reduction project at the Irving pulp and paper mill at Reversing Falls to make more effective use of waste heat from various processes within the mill.