Page A&- The Terrace Standard, Wednesday, Augus 125, 1993

for pul

TERRACE — Orenda Forest
Products proposed groundwood
pulp and paper mill remaius
mized in the world of investment
finanec,

Company vice-president Frank
Fosier says the company is* still
looking for. what -he calls a
‘strategic partner’? to commit
money to the $500. million pulp
and paper mill proposal.

Once that partner is.on board,
Foster says, some $400 million in
bank loans would, Jikely fall into
place.

He describes “the © potential
strategic partner only y as being ‘‘a
player in the industry.”’

“Once ‘that takes place things
will happen very quickly after
that,”’ he said, predicting it would
be a’ matter of two to three
months later to the point of
‘planting a spade.in the ground.””

An investment pariner could
also help the project get the $100
million of loan guarantees it has

requested from the provincial

government,
To be located south of Lakelse

Frank Foster

Lake, the project would use huge

ceramic¢ rollers to grind the wood .
- into pulp — instead of the cook-

ing process « used din. a‘ conven-
tional kraft: mill.

Orenda also proposes to use
hydrogen peroxide bleaching, a
process more environmentally
friendly than the chlorine bleach-

ing process used in most pulp
mills and blamed’ for contamina-
tion of fish by ‘organochlorine
compounds. .

In the. meantime the provincial

- government. is laking. a Setailed

lock atthe project,

_. The. government’s B.C, Invest- ;
‘ment Office has already ‘given its
~ blessing: but -a’ specialized team

from the economic development

ministry is probing even further,

said Foster.

“This is ‘not. wicking. ‘the tires;
This is taking the engine -to
BCAA and having a compression
lest donc,’’ he said.

All. that:
eventually lead io a government.
decision on Orenda’s loan: ‘Buar-
antec request, *

But Foster said Orenda does not

have any idea of what kind of

program vl be brought in to

. consider loais guarantee requests.

-'““He’s moving -down a--toad

we're prepared to move down .

on,’’ said Foster of economic de-.
velopment minister Dave Zim-
helt, ,

Mayor doubts that Orenda

wanted to build up

TERRACE — Stewart mayor
Darlene Comell says she doesn’t
think Orenda Forest Producis was
ever serious about building a pulp
and paper mill near Meziadin. ©

Orenda, which now wants. to
build south of Lakelse Lake,
never did do any serious studies
to disprove its Meziadin area
location, said Cornell.

The company only said it
wanted to build near Meziadin in

order {o keep its logging licences,

said Cornell. .

“Orenda has export licences.
That’s how they” make their
living. In their licence, they are -

allowed to keep logging as long
as (hey make their best efforts to
establish a mill,’? she added.

:“T don't: think what Orenda put
into those studies is anywhere
near what it makes from logging.

That’s my opinion,” Cornell con- ;

tinued,

Orenda’s history in the north-
west dates back to 1986 when it
received one of. three licences
specifically setup to log areas of
decadent wood and replant with
better species...

The company was also to build _
a processing facility In the area:

under terms ofits licence...”
. Orenda did make plans, first-for

a pulping Facility, It then added a.

paper machine to add value to its
raw product. :

The company abandoned its

Meziadin site sin‘ early 1991,

saying it drew” “oppasition - from: §
the Nisga’a Tribal Council, which | «
claims the land around Meziadin, -

and from. the Kitimat-Stikine
regional district;
Orenda also. cited lack “of de-

pendable power: aS a reason for ao

looking for a new. location.

That withdrawal ‘dropped hopes -

in Stewart. of more jobs should
the mill have gone ahead. ;
“[T-don’t think’ Orenda dealt

with the Nisga’a in-afair-manner —

in terms of contacting ‘them or.

anything, They ‘said it was the

province’s problem-and not their

problem,” said, Cornell: oe
What bothers. Gorell are state

ments starting back in 1991 that
liming of the project is crucial.
“All of a sudden, here we ar
and Orenda still has time to fool
around,’’.said Cornell,
“They're trying to blame the

‘ provincial government by saying .

they’re not getting. cooperation
but to me that’s an easy- ‘out,’ ” she
added. : oo8

Proposal. ao:

north

Orenda announced its location
south of Lakelse Lake in July.
1991,

The company received provin--
cial government approval in prin-
ciple for the project in the spring
of 1992.

Tt is still looking for in investors to
help: finance (he. $500 million

NoAnect Kaur Gill

Gill

Date & Time of Births
July 8/93 at S58 p.m.
Weight: 6 lbs, 13 oz Sex: Girl
Parents: Kulwinder and Kamaljit

: Baby’ rf Namet
“Taylor ‘Dionne: Braid -
Date & ‘Time of Birth:
‘Abgust 11/93 al 6:40 a.m,
Weight 7 ibs, 2 oz Sex: Female
Parents: Jamic & Sayne Braid

Bahy's Namet

Baby's Namet

Nicole Elizabeth Gomes Girard |
Date & Time of Birth:
oe August 9/93 at 6:20 a.m.
4 ! _ Weight: 7 Ibs, 14 0z Sex: Female
ik! Parents: Claude Girard/Benilde ae

Chad Daniel Dignard
- Date & Time of Birth:
. August 13/93 at 11:30 p.m.
Weight: 7 lbs 4 oz Sex: Male
Parentst eddy Dignard & Lisa
| Robichaud

Gomes ;
Baby's Name:
Baby’s Name: -.Kohiten Lee Bienvenu
_ Marissa Lindsey Pitzoff + Date & Time of Birth:
Date & Time of Birth: August 13/93 at 1:55 p.m.
August 9/93 at 7:21 am. Weight: & Ibs, 15 oz Sex: Male
Weight: 7 lbs, 4 oz Sex: Female Parents: Susan & Steve. A baby

Parents: Tony & Renée Pitzoff

’ brother for Blake.

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Orenda continues search
mill investments

Foster pins the blame [or the
delay in Securing financing on the
economic climate and the finan-

_ ial situation of other. forest in-

dustry companies that are consid-
ered polential investors,

“We have not talked io a soul
who says. “This is a terrible pro-

ject. We don’t like this project.’,”
~ Foster said; adding the problem is

potential - investors don’t have

< much money to spend.

. "We're: optimistic ‘because of
the fact ‘the economic ‘times are
changing. Some of: these com-
panics are beginning to see light

_ at ihe end-of the tunnel,”’

““Across the entire-indusiry you
have companies that are focused
inwards on their cxisling opcra-

“tions. ° They’ Te not” spending a

lot’? =.

“T's only in recent months that
we're Starling to see things
change.”’

kkk

And as Orenda waits for its
financing news, it is happy with
the money. il’s been making from
iis logging and export operation
in the Meziadin-Stewart area.

For the first time in its corpo-
rale history, Orenda is reporting a
profitable first quartcr despite
limited production and sales.

The $80,600 profit, or one cent
a share, came for the period April
to June. ;

Revenue was $1.85 million
compared to $1.045 million in
1992,

NOTICE

All playing fields in the
Terrace and Thornhill
area schools will be
fertilized monthly. This

May through: October
1993,

SCHOOL DISTRICT NC. 83
(Terace}

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TERRACE B.C.”

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8 Glasses A ad
Water Facts

< HOW DO WE GET THE “LEAD" ouT?:
Kow that this highly toxic metal has been banned in paint, ‘gasoline
;and removed from solder in foad cans, the focus Is is on eliminating .
lead from drinking water. i.
Very little lead occurs naturally in water. It gets there primarily from: |:
plumbing that contains lead, Three main plumbing sources dre:
1) service pipes from water t mains (usually i in homes built before sn
1940)
2) lead solder used in plumbing
3) most chrome plated faucets made from brass
Saft or acidic water is likely to carry more lead as it tends to cérroda
plumbing. vee ag EE B
Recommendations to reduce lead contamination py OEE
1) don't drink from your hot watertap ree be
2) flush your tap first thing in the moming ~ °° 77": :
3) iet water run several secands before drinking it
Safer yet, drink properly purified drinking water which. has had all.
contaminants such as lead removed, po Seas dhe

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