West Fraser Timber Co. Ltd. will be curtailing operations at Cariboo Pulp & Paper in Quesnel.
The curtailments will be invoked in mid-April for a month and then for another month in the third quarter, the company said Tuesday.
A decline in availability of sawmill residuals was cited at the reason.
"The fibre supply challenge in British Columbia is well documented. Infestation, fire, and government policy decisions have all impacted the amount of available fibre in the province," the company said.
"Downtime at Cariboo Pulp & Paper will help better align our production capacity this year with the available fibre supply. These plans may be adjusted should fibre forecasts change."
The company hopes to mitigate some of the impact on its affected employees through vacation scheduling and alternative work assignments.
Cariboo Pulp & Paper is jointly owned by West Fraser and Mercer International.
- CEOs say prices are fallingBusiness Mar 18 - 7,250 views
- February home sales spike Business Mar 18 - 10,314 views
- AI and March MadnessBusiness Mar 18 - 6,982 views
- Uber pays $178 million Australia Mar 17 - 13,546 views
- Apple to pay $490 millionBusiness Mar 15 - 4,213 views
- Housing starts jump 14% Business Mar 15 - 10,563 views
- Honda, Nissan collaborateJapan Mar 15 - 15,029 views
- Global McDonald's outages Business Mar 15 - 14,836 views
West Fraser to curtail production at Cariboo Pulp & Paper
Another mill curtailment
Photo: West Fraser
West Fraser Timber Co. Ltd. will be curtailing operations at Cariboo Pulp & Paper in Quesnel.
More Business News
Featured Flyer
Okanagan Companies
Cantex | 0.23 | 0.01 |
Metalex Ventures | 0.015 | 0 |
Russel Metals | 44.47 | -0.41 |
QuestEx Gold & Copper | 0.97 | 0 |
Mission Ready Services | 0.035 | 0 |
Decisive Dividend Corp | 11.02 | -0.12 |
Diamcor Mining | 0.055 | 0 |
Valens Groworks | 1.01 | -0.01 |
GGX Gold Corp | 0.045 | 0 |
Cryptocurrencies
Bitcoin | 85062.2 | -6.94% |
Ethereum | 4355 | -8.50% |
Dash | 43.34 | -9.52% |
Litecoin | 105.91 | -9.63% |
Ripple | 0.7885 | -9.83% |
EOS | 1.217 | -8.56% |
Dogecoin | 0.171 | -11.83% |
Cardano | 0.8124 | -8.97% |
Data from CryptoCompare
RECENT STORIES
- Carrying over 269 projectsKelowna - 4:00 am
- BCWS: 'We must be ready'Kamloops - 4:00 am
- Poachers facing steep finesKamloops - 4:00 am
- Canucks give $100K for rinkChase - 4:00 am
- $30k for failed referendumEnderby - 4:00 am
Real Estate
© 2024 Castanet.net