Major Paper Producers Match Production with Demand

I have reported on mill ‘s curtaining production in current past releases and this continues to occur in this ‘over supplied’ market. The weak economy has reduced advertising buying space in magazines; the internet has cannibalized newspaper readers; cataloguers have become smarter with lists, hence reducing pieces; less durable good purchased means less packaging materials; more unemployment yields less copies in the office or less business papers consumed; and going ‘green’ equates to less paper.
A few current announcements to support this
-Fraser Papers curtailing production commodity groundwood paper grades at a 69,000 ton/year machine at its mill in Madawaska, Maine
-St. Marys Paper is idling two paper machines to reduce paper production by 8,500 tons in Sault Ste. Marie, Ont
-AbitibiBowater's three-machine mill shut 315,000 tons/year of supercalendered and uncoated mechanical paper capacity in Fort Frances, Ont
-Nippon Paper Industries USA idled the 165,000 ton/year uncoated mechanical mill, and taking about 6,800 tons of directory paper out of production in Port Angeles, Wash