Canfor Pulp Announces July Production Curtailment of Pulp and Paper at Two Mills in BC
The curtailment, which is scheduled to begin July 6, will reduce Canfor Pulp's production output by approximately 38,000 tonnes of market kraft pulp and 12,000 tonnes of kraft paper.
May 21, 2020 - Canfor Pulp Products Inc. (TSX:CFX) is announcing the curtailment of Prince George Pulp and Paper and Intercontinental Pulp for approximately four weeks starting July 6, 2020. Both mills are located in Prince George, British Columbia, Canada. "We have made the difficult decision to temporarily curtail Prince George Pulp and Paper and Intercontinental Pulp due to the major global economic impacts of the COVID-19 pandemic and the shortage of economically viable fibre in the region," said Canfor Pulp's Chief Executive Officer Don Kayne. The curtailment will reduce Canfor Pulp's production output by approximately 38,000 tonnes of market kraft pulp and 12,000 tonnes of kraft paper. Canfor Pulp has three Northern Bleached Softwood Kraft (NBSK) pulp mills, one Bleached Chemi-Thermo Mechanical Pulp (BCTMP) mill, and one kraft paper mill in BC. About Canfor PulpCanfor Pulp Products Inc. is a leading global supplier of pulp and paper products with operations in the central interior of British Columbia (Canada) employing approximately 1,300 people throughout the organization. Canfor Pulp owns and operates three mills in Prince George, BC with a total capacity of 1.1 million tonnes of Premium Reinforcing Northern Bleached Softwood Kraft Pulp and 140,000 tonnes of kraft paper, as well as one mill in Taylor, BC with an annual production capacity of 230,000 tonnes of Bleached Chemi-Thermo Mechanical Pulp. For further information, visit: www.canfor.com. SOURCE: Canfor Pulp Products Inc. |