West Fraser, Mercer conclude JV

West Fraser Timber Co. and Mercer International Inc. have announced an agreement to dissolve their 50/50 joint venture in Cariboo Pulp and Paper. West Fraser will continue as the sole owner and operator of the mill, doing business as Cariboo Pulp and Paper Co. Located in Quesnel, B.C., Cariboo has the capacity to produce up to 340,000 tonnes of Northern Bleached Softwood Kraft pulp annually. It employs nearly 300 people.