23:56:37 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



Canfor Pulp Products Inc
Symbol CFX
Shares Issued 65,233,559
Close 2024-01-17 C$ 1.77
Market Cap C$ 115,463,399
Recent Sedar Documents

Globe says Chemtrade partnering with Teralta Hydro

2024-01-18 08:35 ET - In the News

See In the News (C-CHE) Chemtrade Logistics Income Fund

The Globe and Mail reports in its Thursday edition that the B.C. government aims to create a hydrogen hub in Prince George, including small-scale ventures such as one by Teralta Hydro Solutions. The Globe's Brent Jang writes that Teralta said this week that in a partnership with Chemtrade Logistics, it will be producing 4,200 tonnes a year of hydrogen for use by Canfor Pulp Products. Energy Futures Initiative chairman Barry Penner said the B.C. NDP government needs to proceed cautiously during the energy transition by keeping in mind the role of natural gas. Energy Futures estimates that during the recent cold snap in the province, FortisBC's natural gas delivered almost twice what BC Hydro's electricity provided at peak energy usage. "You can make clean hydrogen through a process known as electrolysis where you run an electric current through water and separate the molecules. But question is where is the electricity going to come from and what energy source are you going to use to generate the electricity," said Mr. Penner. "That is the question for all green hydrogen proposals." Australia's Fortescue is seeking regulatory approval in B.C. to produce "green hydrogen" through water electrolysis.

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