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Tembec Shelves Shutdown Plan at Skookumchuck Pulp Mill

June 20, 2009 - Tembec late yesterday said that it has canceled plans to take market related downtime at its Skookumchuck pulp mill in British Columbia, Canada.

On June 11, Tembec announced that the mill would be shutdown for a two-week period set to begin on June 29.

"While market conditions remain difficult, the recently announced Green Transformation Program and some modest improvement in pulp pricing and in fiber economics have sufficiently altered operating conditions to the point where running the mill is a better course of action," said Yvon Pelletier, executive vice president and president Pulp Group

“However, the operating environment remains challenging. In particular, the availability of economically viable fiber continues to be an issue,” Pelletier cautioned.

Tembec said that it will continue to monitor economic and market conditions closely and will adjust operating rates accordingly.

SOURCE: Tembec

See related story:
» » Tembec to Take Downtime at Skookumchuck Pulp Mill (6/11)




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