Home Business Mercer says Cariboo mill to undergo downtime for 8 weeks (NASDAQ:MERC)

Mercer says Cariboo mill to undergo downtime for 8 weeks (NASDAQ:MERC)

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Mercer (NASDAQ:MERC) stated Tuesday that the operator of the Cariboo Pulp and Paper mill has introduced a deliberate curtailment of operation starting in mid-April for a month after which for an additional month within the third quarter.

Mercer has a three way partnership curiosity in Cariboo Pulp and Paper mill. 

The corporate is curbing its operations attributable to lower in availability of fiber in British Columbia. Latest insect infestation, fireplace, and Authorities coverage have all impacted the quantity of obtainable fiber within the area, Mercer stated.

Downtime on the mill will higher align manufacturing capability with the accessible fiber provide, the corporate stated.

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