Newsprint Makers Curtail Production

By: Jim Rosenberg

Two of North America’s largest newsprint makers announced further production curtailment late last month.

Norske Skog Canada said partial and entire mill shutdowns in Vancouver, British Columbia, this month and last will cut 17,000 metric tons of newsprint.

Bowater Inc., Greenville, S.C., said its 120,000-ton third-quarter downtime was 50% higher than originally announced and will result in a 22- to 32-cent quarterly loss per share, not including currency changes and last week’s acquisition of Alliance Forest Products Inc.

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