Monday, July 20, 2009

Fraser Closing Pulp Mill

Fraser will close its pulp mill in Edmundston, New Brunswick. The company must now buy pulp for its 475,0000 ton per year uncoated freesheet and mechanical specialty paper mill in Madawaska, Maine. Fraser filed for bankruptcy on June 18 as reported by Coy Paper earlier..

2 comments:

Anonymous said...

Not a very good time to be closing pulp mills when the market forecasts pulp prices are increasing.

Anonymous said...

In...creasing? Havent heard that word in a while....wishful thinking!