Mercer International Inc. announces downtime at its Cariboo Mill for eight weeks
News General news
Mercer International Inc. (Nasdaq: MERC) announces that the operator of the Cariboo Pulp and Paper mill, in which Mercer has a joint venture interest, has announced a planned curtailment of operation beginning in mid-April for a month and then for another month in the third quarter.
Source: Company news
The announcement is the direct consequence of a decrease in availability of fiber, which is well documented in British Columbia. Recent insect infestation, fire, and Government policy have all impacted the amount of available fiber in the region.
Downtime at the mill will better align production capacity with the available fiber supply. These plans may be adjusted should fiber forecasts change.
Company profile: Cariboo Pulp & Paper Co, West Fraser Group, Canada, Quesnel
