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Canfor to Curtail Production at Taylor Pulp in BC

Nov. 5, 2008 - Canfor Corp. said that it will take market-related downtime at its Taylor Pulp mill in British Columbia, Canada, resulting in the curtailment of about 5,000 tons of softwood pulp.

The downtime will begin November 10, with operations expected to resume November 16.

A combination of falling demand and prices in Asia over the past four weeks contributed heavily to the company's decision.

"The temporary shutdown reflects the difficult market conditions facing pulp companies in British Columbia," said Canfor president and CEO, Jim Shepard. "By taking steps like these, Canfor hopes to rebalance inventories while maintaining current customer commitments."

The Taylor mill will conduct maintenance work during the outage, Tembec noted.

Taylor Pulp is a BCTMP (bleached chemithermomechanical pulp) mill producing over 200,000 tonnes per year of softwood and aspen BCTMP.

SOURCE: Canfor Corp.




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