Our History

Daishowa-Marubeni International Ltd. was formed in l969 when Daishowa Paper Manufacturing Company Ltd. and the Marubeni Corporation joined forces with Weldwood of Canada to form the joint venture, Cariboo Pulp and Paper Company. Cariboo Pulp & Paper Company, a high quality bleached kraft pulp mill produces bleached softwood kraft pulp, meeting the stringent requirements of the world's most demanding markets for high brightness, cleanliness and strength. The mill is located at Quesnel, in the interior of British Columbia, Canada. Cariboo Pulp & Paper began production in 1972. In December 2004, West Fraser Timber, purchased Weldwood’s assets from International Paper and so has assumed the new joint venture relationship with DMI at Cariboo Pulp and Paper.

DMI purchased the assets of Daishowa Canada’s Peace River Pulp Mill, High Level Forest Products Ltd. and Brewster Construction in 1993. DMI sold the assets of High Level Forest Products in 1999 to Tolko Industries and Brewster Construction in 2000 to Seehta Forest Products. The sale of the sawmills reflected DMI’s desire to focus on its core business of pulp production. The Peace River Pulp Mill opened in July 1990, with a capital investment totaling $580 million. The Peace River Pulp Division is a bleached kraft pulp mill that transforms aspen chips (harvested locally) and white spruce softwood chips (from neighboring lumber mills) into high quality pulp. This pulp is then sold on the world market to paper producers who use it for a variety of high-grade products. The mill produces over 480,000 air-dried metric tonnes (ADMT) of hardwood and softwood bleached kraft pulp annually, which is internationally renowned for its brightness and quality.