SFK Pulp to Take Production Downtime in Quebec
Dec. 1, 2008 - SFK Pulp Fund said that, as a result of difficult pulp market conditions throughout the industry, it will curtail production at its Saint-Félicien Mill in Quebec, Canada during the upcoming holiday season.
"This curtailment reflects the declining pulp demand we are facing as our customers continue to be affected by the economic slowdown worldwide," said Pierre Gabriel Côté, SFK Pulp's president and CEO.
Curtailment is planned to begin on or about December 19 and should last approximately 20 days, thereby removing about 20,000 metric tons from the mill's production.
"This proactive measure is intended to prudently manage both our inventory levels and working capital going into 2009 and to adjust our production to customer orders," Côté said.
SFK Pulp operates three mills in Saint-Félicien, Québec, Fairmont, West Virginia, and Menominee, Michigan. SFK Pulp employs approximately 550 people and has a total annual production capacity of 735,000 metric tons.
The Saint-Félicien Mill supplies northern bleached softwood kraft (NBSK) pulp to various sectors of the paper industry in Canada, the United States and Europe for use in speciality products. The Fairmont and Menominee Mills manufacture air-dried market recycled bleached kraft (RBK) pulp and primarily supply manufacturers of uncoated freesheet, commercial and away-from-home tissue and coated paper in the U.S.
SOURCE: SKF Pulp Fund