Canfor proclaims its “right-sizing operation” by completely closing the pulp line at its Prince George pulp and paper mill.
In accordance with the corporate, this reduces 280,000 tons of market energy pulp yearly.
The particular paper mill on the location continues to function.
“In recent times, numerous sawmills have closed completely within the Prince George space as a result of lower in allowable annual reduce and the supply of cost-competitive fiber,” stated Canfor CEO Kevin Edgson.
“This has considerably affected the supply of residual fiber at our pulp mill, and we’ve got to measurement our working setting to the suitable measurement. Because of this, we’ve got made the very tough choice to shut the pulp line on the Prince George pulp and paper mill and proceed to function the Specialty Paper mill.
The pulp line is predicted to shut by the top of the primary quarter of 2023, with about 300 jobs anticipated to be affected by the top of the yr.