Catalyst Paper has confirmed plans to stop production of its No. 1 paper machine at its Crofton, BC plant as of Sep…
Catalyst Paper has confirmed plans to stop production of its No. 1 paper machine at its Crofton, BC plant as of September 14.
The curtailment, prompted by slumped U.S. paper demand will last for 30 days. A total of 11,000 tonnes of paper will be removed from the market from the move.
“We are reviewing existing orders and inventories to address delivery commitments and maintain efficient operations during this curtailment,” president and CEO Richard Garneau said of the decision.
According to a report by Canadian Press, Garneau said he anticipates weak lumber market conditions will continue, putting a subsequent strain on fibre availability.
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