Norbord Inc. reported that its OSB mill in 100 Mile House, British Columbia has temporarily suspended production due to the wild fires burning nearby in the region and in order to comply with evacuation orders in the 100 Mile House and surrounding areas. At the time of evacuation, the mill was secure. At this time, Norbord is assessing the impact to its production schedule. All mill employees have been safely evacuated and no injuries have been reported. The 100 Mile House mill has a stated annual production capacity of 440 million square feet (3/8-inch basis).
We are announcing a US$22/metric tonne (for 45.0 gsm) newsprint price increase effective with shipments on or after June 15, 2018. Other basis weights will be adjusted accordingly.
Please note that this price increase does not apply to Ponderay Newsprint Company.
International technology Group ANDRITZ has received an order from Stora Enso Narew Sp. z.o.o., Poland, to supply an FRX shredder and a metal separator to the mill in Ostrołęka, Poland. The FRX shredder, which is part of the ANDRITZ Franssons product line, will process rejects from the pulping processes of two existing board production lines. Start-up of the new shredder, which will process around 60 tons of rejects per day, is scheduled for January 2018. The shredder will be installed upstream of the reject treatment system, which is part of the 455,000 tons per year board production line for which ANDRITZ also delivered the complete OCC line including reject treatment. Click Read More below for additional information.
Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced the filing of a Notice of Arbitration under the North American Free Trade Agreement (NAFTA) with regards to measures taken by the former provincial NDP Government in Nova Scotia and the former Conservative Government of Canada in support of the Port Hawkesbury paper mill. Resolute contends those measures discriminated in favor of Port Hawkesbury and resulted, among other damages, in the closing of Resolute's Laurentide mill in October 2014, depriving Resolute of its investment in that mill, and the value of other investments, in violation of the Company's rights under NAFTA as a U.S. investor in Canada. The Company is seeking damages for direct losses of approximately $70 million, consequential damages, and additional costs and relief deemed just and appropriate by an arbitral tribunal. Under NAFTA and applicable principles of international law, Canada is responsible for Nova Scotia's acts.