Pulp and Paper Canada

News
Tembec shuts Kapuskasing, raises prices


January 20, 2004
By Pulp & Paper Canada

Blaming historically low newsprint prices, the strengthening Canadian dollar and high energy and fiber costs in the…

Blaming historically low newsprint prices, the strengthening Canadian dollar and high energy and fiber costs in the province of Ontario, Tembec decided to shut down one of its paper machines at its newsprint facility in Kapuskasing, ON, indefinitely. The shutdown will remove an estimated 75,000 tonnes annually from the marketplace, and will result in a work force reduction of approximately 65 people.
Tembec also announced that it will be raising newsprint prices in the United States by US$50/tonne, effective February 1, 2004.

Advertisment

Print this page

Related



Leave a Reply

Your email address will not be published. Required fields are marked *

*