Montreal-based Domtar Corp. announced today it will indefinitely idle its mill in Baileyville, Maine starting May 5…
Montreal-based Domtar Corp. announced today it will indefinitely idle its mill in Baileyville, Maine starting May 5, a move that will affect about 300 workers.
According to a statement released by the company, Domtar made the decision to idle the mill — which has an annual hardwood pulp production capacity of 398,000 tonnes – due to the current state of world markets.
“Current worldwide economic conditions with weaker global demand for pulp, historically high inventory levels and depressed prices make it extremely challenging for northern hardwood pulp mills to compete. With no immediate recovery in sight, we must temporarily reduce our pulp manufacturing capacity,” Domtar President and Chief Executive Officer John D. Williams said.
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