Canfor Pulp Temporarily Curtailing Intercontinental Pulp Mill
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Canfor Pulp Products Inc. (TSX:CFX) is announcing the immediate curtailment of its Intercontinental Pulp Mill, which is expected to be in place for four weeks.
The curtailment is due to the lack of available economic fibre as a result of sawmill curtailments. The downtime will remove approximately 24,000 metric tons of market kraft pulp.
“The sawmill curtailments occurring in BC are materially reducing the residual fibre available for pulp mills. Based on the near-term fibre outlook, we have made the difficult decision to temporarily curtail Intercontinental Pulp Mill,” said Kevin Edgson, President & CEO, Canfor Pulp. “We regret the impact the downtime will have on our employees, their families, our suppliers and the community. We are working to support them through this time.”
The Company will continue to closely monitor the fibre supply and will adjust its operating rates accordingly.
