Canfor Pulp Announces Right-sizing of Operating Footprint with Permanent Closure of Pulp Line at Prince George Pulp and Paper Mill

Following extensive analysis of its operating footprint and the long-term supply of economic residual fibre, Canfor Pulp Products Inc. (TSX: CFX) is announcing the decision to permanently close the pulp line at its Prince George Pulp and Paper Mill, which will result in a reduction of 280,000 tonnes of market kraft pulp annually. The Specialty Paper facility at the site will continue to operate.

“In recent years, several sawmills have permanently closed in the Prince George region due to reductions in the allowable annual cut and challenges accessing cost-competitive fibre. This has had a material impact on the availability of residual fibre for our pulp facilities and we need to right-size our operating platform. As a result, we have made the very difficult decision to shut down the pulp line at Prince George Pulp and Paper Mill and will continue to operate the Specialty Paper facility,” said Kevin Edgson, President and CEO, Canfor Pulp.

Over the next few months, the Company will be following an orderly wind down process. The pulp line is expected to close by the end of the first quarter of 2023 and is anticipated to impact approximately 300 positions across the organization by the end of the year.

“We greatly appreciate our valued team members who have been helping to navigate a very challenging business environment,” said Edgson. “We understand and regret the impact today’s announcement has on our employees, their families, the businesses that support our operations, and the local community. We will be working in the weeks and months ahead to support our employees through this transition.”
https://www.canfor.com/investor-relations/investor-news-press-releases/news-detail/2023/01/12/canfor-pulp-announces-right-sizing-of-operating-footprint-with-permanent-closure-of-pulp-line-at-prince-george-pulp-and-paper-mill

Related Posts

Magnolia Table Brings Lynx Paper Into the Kitchen

Millions of fans of Chip and Joanna Gaines, of Magnolia Homes and HGTV’s Fixer Upper fame, are getting a taste of quality from Domtar’s Rothschild Mill this year. That’s because Joanna Gaines’ new cookbook, “Magnolia Table: A Collection of Recipes for Gathering,” was printed on 80-lb. Lynx® paper made at Rothschild Mill. The book, published by HarperCollins, includes personal stories and homestyle recipes of family favorites and classic comfort food from the couple’s new restaurant in Waco, Texas. It has received glowing reviews from lovers of all the Magnolia Homes brand and was a New York Times No. 1 bestseller. Our Rothschild Mill colleagues also received high marks from the publisher; Domtar has worked with HarperCollins for more than 20 years. It’s rewarding to know that our customers and partners value our high-quality Lynx paper and excellent customer service. Click Read More below for additional information.

Expanded Östrand Pulp Mill in Operation

Production at the expanded Östrand pulp mill began according to plan during the midsummer holiday (i.e. this weekend). SCA is investing SEK 7.8bn in the operation and the project is on budget and schedule. SCA decided in 2015 to invest in an increased production capacity at the Östrand pulp mill – from 430,000 tonnes to about 900,000 tonnes of bleached softwood kraft pulp (NBSK). Following an extended maintenance stop, which began in April of this year, the expanded pulp mill is now in operation. Production capacity in the expanded pulp mill is expected to increase successively during 2018 and 2019. 2020 is therefore expected to be the first year with full production, corresponding to 900,000 tonnes. Click Read More below for additional information.

Lecta reaffirms its commitment to the publishing world at the 2024 Frankfurt Book Fair

With the slogan "Paper as a Sustainable Story", we will present our range of premium coated and uncoated papers especially designed for the publishing industry. Since this year Italy is the event's guest of honor, Lecta will showcase the excellence of the products it manufactures at its Cartiere del Garda mill, a cornerstone of the company's complete offering for the publishing sector. Lecta's Garda brand coated papers are renowned for their high quality, special technical characteristics, and optimum results in Lecta's long history of working with publishers worldwide. For this special edition, Lecta has also put together a program packed with activities celebrating experience, art and partnership.
Back To Top
×Close search
Search