Canfor Pulp Products Inc. will extend its scheduled maintenance outage on one production line at its Northwood Northern Bleached Softwood Kraft (“NBSK”) pulp mill located in Prince George, British Columbia, Canada.
The outage is to enable necessary tube replacements to its No. 5 recovery boiler to rectify damage discovered during routine preventative maintenance inspections.
Based on a preliminary review, the Company currently estimates that the extended downtime will be approximately 70-80 days with a reduction in production of NBSK pulp of 60,000-70,000 tonnes, as well as higher associated maintenance costs. Canfor Pulp will continue to operate the second production line at the Northwood pulp mill over this period.
Due to the mitigation efforts by Canfor Pulp, the temporary outage is not expected to have a material impact on the financial condition of the Company.
Canfor is a leading integrated forest products company based in Vancouver, British Columbia. Canfor produces primarily softwood lumber and also owns a 54.8% interest in Canfor Pulp Products Inc., which is one of the largest global producers of market northern bleached softwood kraft pulp and a leading producer of high performance kraft paper.