Pulp and Paper Canada

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Domtar Downtime


August 31, 2001
By Pulp & Paper Canada

Domtar took market down time by suspending production of hardwood pulp at its Espanola, Ontario, pulp mill recently…

Domtar took market down time by suspending production of hardwood pulp at its Espanola, Ontario, pulp mill recently. This is an additional eight days from the original maintenance shutdown and reduced production output by 10 000 metric tons. A combination of holidays, special assignments and maintenance projects will provide continuity of earning for permanent employees at the mill.
The company also filed with the securities and regulatory authorities in each of the provinces and territories in Canada, as well as US regulators, to sell 31.9 million shares of common stock to pay loans used to acquire four paper mills from Georgia Pacific Corp earlier this summer, and related debts.

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