Atikokan pellet plant stays open as Rentech goes bankrupt

The future of an important player in Atikokan’s economy appears secure despite the bankruptcy of U.S.- based Rentech Inc.

The company struck a deal in December to sell its Atikokan wood pellet mill, just before filing for bankruptcy.

If the transaction is completed, the new operator will be an affiliate of True North Timber, a forest resource company with operations in the Chapleau area.