Norbord to Temporarily Suspend Production at its 100 Mile House, BC Mill

Norbord Inc. (TSX and NYSE:  OSB) announced today that a shortage of wood will cause it to temporarily suspend production at its oriented strand board (OSB) mill in 100 Mile House, British Columbia.  Norbord currently expects the suspension to commence on or about May 14, 2018 and to continue for approximately one month.

The significant wildfires that the province of British Columbia experienced in the summer of 2017 seriously damaged logging areas surrounding the 100 Mile House mill.  Further, the severe weather conditions this winter have limited loggers’ ability to access the forests during the months when the mill typically builds its annual log inventory. Combined, these extraordinary circumstances have impacted Norbord’s ability to secure a sufficient wood supply to operate the mill on a continuous basis during this one-month period.

Norbord will continue to supply its customers with production from its other OSB mills and the 100 Mile House mill will continue to receive log deliveries during this period. The Company currently estimates that the curtailment will negatively impact its second quarter 2018 financial results by approximately US$5 million.

The 100 Mile House mill has a stated annual production capacity of 440 million square feet (3/8-inch basis).
https://www.prnewswire.com/news-releases/norbord-to-temporarily-suspend-production-at-its-100-mile-house-bc-mill-676952193.html

Related Posts

Sappi’s Gratkorn Mill ushers in new energy era

Modernisation of the power plant boiler at Sappi’ s production site in Gratkorn, Austria, is finally completed. As of now, more sustainable fuels will be used instead of coal to power the paper machines at the company’s largest mill in Europe. During a transitional phase, the new state-of-the-art boiler will run on natural gas and biomass. In the future, predominantly biomass will be used. “Our ultimate goal is to use only sustainable and renewable fuels. This will make us more independent in the future, especially in times of gas shortages and uncertainty on the energy market,” explains Sappi Gratkorn Managing Director Max Oberhumer. By entirely phasing out coal, the Gratkorn plant is making an important contribution to climate protection and reducing its greenhouse gas emissions by roughly 30 per cent. The project is a top priority on Sappi Europe’s sustainability agenda. The 35 million euro investment represents a clear commitment to the Gratkorn site and shows that climate and environmental protection are deemed pivotal in the paper industry. More information on the shift from coal to renewable resources at Sappi’s Gratkorn mill is available at: www.sappi.com/co-creating-a-shift-from-coal-to-renewables-at-gratkorn-mill

WestRock Reports Fiscal 2020 Fourth Quarter Results

Notable items in the fourth quarter of fiscal 2020 include: *Net sales of $4.5 billion increased sequentially by 5.6% and decreased by 3.9% compared to the prior year quarter *Packaging volumes increased sequentially 6.9% and 2.4% compared to the prior year quarter *Consumer Packaging reporting unit recorded a non-cash goodwill impairment of $1.3 billion, or $5.06 per diluted share, driven by expected lower volumes and cash flows related to certain external SBS end markets including commercial print, tobacco and plate and cup stock *Loss of $4.45 per diluted share and adjusted earnings per diluted share of $0.73 compared sequentially to $0.69 of earnings per diluted share and $0.76 of adjusted earnings per diluted share *Generated net cash provided by operating activities of $732 million and Adjusted Free Cash Flow of $631 million

Kimberly-Clark Professional™ Invests In State-Of-The-Art Technology To Grow Skin Care Business

To meet increased demand for its skin care products, Kimberly-Clark Professional has made a multimillion-dollar investment to expand production and strengthen its North American supply chain. This investment will increase bottling capacity by 275% for Kleenex® and Scott® soaps and sanitizers to grow the skin care category and better meet the needs of its customers. “We know that customers depend on our skin care solutions to keep their workplaces hygienic,” said Susan Gambardella, President, Kimberly-Clark Professional North America. “Never was this more important than since 2020, when hand hygiene demand soared virtually overnight.”
Back To Top
×Close search
Search