Canfor Pulp Announces July Production Curtailment of Pulp and Paper at Two Mills in BC
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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 fiber 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 metric tons of market kraft pulp and 12,000 metric tons 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.
