â–ş Listen Live
â–ş Listen Live

Celgar owners release Q2 results

Another good quarter for Mercer International -the company that owns the Celgar pulp mill in Castlegar.

Second quarter gross earnings were almost $42 million.

That’s over twice the amount from the same quarter last year.

But it’s about $15 million shy of the first quarter from this year mainly due to scheduled maintenance downtime.

President and Chairman Jimmy Lee called the financial results “solid” despite the continuing weakness of the US dollar relative to the euro and the scheduled maintenance.

Continue Reading

cjat Now playing play

ckqr Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

B.C. Conservative MLA Amelia Boultbee resigns, urges Rustad to step down

Penticton-Summerland MLA Amelia Boultbee said she’s leaving the B.C. Conservative caucus and called on party leader John Rustad to resign. 

B.C. government proposes more legislation to fast-track North Coast power project, with First Nations

The British Columbia government tabled legislation Monday aimed at fast-tracking the construction of the North Coast Transmission Line (NCTL) and enable First Nation’s co-ownership of the project. 

Mercer Celgar fined for exceeding, failing to monitor emissions

Castlegar's pulp mill has been fined $21,250 for exceeding its emissions limits on a handful of occasions and repeatedly failing to monitor its emissions over the past few years.

Castlegar considers pilot project on reduced speed limits

The City of Castlegar is thinking about a pilot project to test lower speed limits on 5th Avenue South, as they consider reducing residential speeds city-wide.

Parking squeeze at Trail hospital unlikely to improve soon

Having trouble finding a parking spot at Kootenay Boundary Regional Hospital in Trail? Get used to it, because it will get worse before it gets better.
- Advertisement -