Wednesday, April 25, 2012

Resolute Confirms Downtime at Bowater Mersey


Poor market conditions have forced the parent company of the Bowater Mersey paper mill to schedule two more shutdowns. Resolute Forest Products announced today their paper machines will shutdown from May 6th to 21st and between June 17th to July 2nd. Spokesman Pierre Choquette says the global demand for paper remains weak and is the reason behind the decision. He says the paper market has been struggling for years and it's difficult to predict when it may turn around.

"You know, we've faced, since the past few years sort of a decrease on average of ten percent per year, so we can't predict that this will likely continue although it's hard to say until when and by how much."

It will be the third and fourth time the company has called for downtime since December because of poor market conditions.