AbitibiBowater Benefits from "Black Liqour" Program

AbitibiBowater is one of 24 mills to qualify for Canada's version of the United States black liquor program.

Under the so-called Pulp and Paper Green Transformation Program, AbitibiBowater will qualify for more than $33-million at both its Thunder Bay and Fort Frances mills.

While no details have yet been released how the company will use the money, the program requires qualifying mills to finance environmental upgrades.