This innovative new process – a Canadian first – is used to extract hemicellulose, a cellulosic sugar with high value-added potential, from wood chips. This project – worth a total of $26M – represents a major advance in biorefinery development in Canada . Backed by a $10M investment from Natural Resources Canada's Investments in Forest Industry Transformation (IFIT) program and an additional $4.4M from the Québec Ministère des Forêts, de la Faune et des Parcs, the Cabano plant will replace its current process – the production of sodium carbonate-based chemical pulp – with this new, more environmentally friendly and economical one that was developed in conjunction with a U.S. partner.
Greif, a global leader in industrial packaging products and services, has announced an increase in pricing on steel drums due to escalating raw material and other input costs. Existing customers have been advised of the 5.0% increase on steel drums. New market pricing goes into effect with shipments in the U.S. and Canada beginning on March 09, 2017.
“We want to assure our customers that we are doing everything possible to mitigate the volatility in costs. Greif continues its dedication to providing its customers with the best quality, service, and overall value for their industrial packaging requirements,” explains Ole Rosgaard, Division President, Americas.