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November 20, 2012
15:32 EDTRFPResolute Forest announces indefinite idling of kraft mill, paper machine
Resolute Forest Products announced the indefinite idling of the kraft mill and paper machine number 5 at its pulp and paper operation in Fort Frances, Ontario. The kraft mill has an annual production capacity of approximately 200,000 metric tons of market pulp, while PM5 has an annual capacity of 105,000 metric tons of groundwood specialty printing papers. Resolute is exploring alternative product possibilities for its Fort Frances pulp mill, which will be idled in a manner that will protect the equipment. The idling of PM5 is driven by the decrease in consumption as well as the high value of the Canadian dollar. The running down of fiber inventories and orderly shutdown of the Fort Frances kraft mill is expected to be completed by late November. PM5 will also continue to operate until late November. Approximately 239 employees will be impacted by the idling, the company said.
News For RFP From The Last 14 Days
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July 30, 2015
07:39 EDTRFPResolute Forest CEO sees near-term outlook "more positive"
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07:38 EDTRFPResolute Forest reports preliminary Q2 EPS ex-items 7c
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July 27, 2015
17:17 EDTRFPChou Associates reports 9.7% passive stake in Resolute Forest
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