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Canfor Corporation extends curtailments in BC

 Friday, January 6, 2023

Canfor

Canfor Corporation has announced an extension of the closures of its sawmills in British Columbia (B.C.) as a result of the persistently unfavorable market environment and the scarcity of economic fiber. At a few solid wood factories in British Columbia, the production capacity will be reduced by two-week curtailment extensions in January. In addition to the 150 million board feet originally stated on December 5, 2022, this will eliminate about 21 million board feet. The business will keep adjusting operating rates to reflect changes in the market and the supply of economically viable timber.

“The sawmill curtailments occurring in BC are materially reducing the residual fiber available for pulp mills. Based on the near-term fiber outlook, we have made the difficult decision to temporarily curtail Intercontinental Pulp Mill,” said Kevin Edgson, President & CEO, Canfor Pulp. “We regret the impact the downtime will have on our employees, their families, our suppliers and the community. We are working to support them through this time.”

The Company will keep a careful eye on the availability of fiber, and it will modify its operating rates as necessary.

With four mills in British Columbia—three in Prince George and one in Taylor—Canfor is one of the top suppliers of pulp and paper goods on the international market. The northern forests of British Columbia generate some of the best pulp and paper-grade trees and fiber. White spruce, lodgepole pine, and alpine fir trees develop slowly due to the climate, producing long, slender, flexible, and robust cellulose fibers. Canfor’s pulp is renowned for its exceptional strength and quality, and the company is well known for always enhancing its operational and environmental performance.

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