Mercer International Inc. announces downtime at its Celgar mill
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Mercer International Inc. (Nasdaq: MERC) reports that, due to a lack of appropriate fiber availability, its Celgar mill in British Columbia, Canada, is planning to take approximately three weeks of downtime. This curtailment is expected to commence in March 2023.
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Company news
Juan Carlos Bueno, Mercer’s President and CEO remarked, “We are disappointed that the current fiber supply situation — and in particular, the lack of available residual fiber for pulp — has led us to the difficult position forcing us to curtail. The continued fiber supply problem is a source of disappointment for our employees, our suppliers, the Castlegar region and the province at large. We are hopeful for a resolution in short order.”
Company profile: Mercer Celgar Limited, Mercer International Group, Canada, Castlegar