Mercer International Inc. announces temporary curtailment of its Celgar pulp mill

Mercer International Inc. (“Mercer” or the “Company”) (Nasdaq: MERC) announced the temporary curtailment of operations at its Celgar pulp mill located in Castlegar, BC, including wood acceptance. The curtailment is currently scheduled to become effective July 29, 2023, until August 28, 2023.

Celgar pulp mill
© Mercer International Inc.
24.07.2023
Source:  Company news

This temporary curtailment results from a significant loss of rail transport capacity resulting from the Vancouver port job action. The job action has led to a complete halt in railcar circulation, severely impacting the mill’s ability to transport pulp.

President and CEO, Juan Carlos Bueno, expressed, “Regrettably, we are not able to run the mill economically until rail operations resume regular services. We currently expect the curtailment to persist for about a month. We understand the inconvenience and difficulties this may cause our various partners and stakeholders, and we will strive to keep all affected parties informed of any updates as the situation develops.” Mr. Bueno continued, “We truly appreciate the understanding and support of our employees, contractors, customers, suppliers, and communities during this challenging period and are diligently seeking alternative solutions to minimize any further disruptions.”

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