North American demand dropped 14% in 2019 as inventories rose more than 20%, indicating lower pricing to come.
Move allows “new solutions” to reduce waste in landfills and recover energy; environmental groups are not sold.
Rising cost of newsprint, typically their second-biggest expense, made it harder for them to operate.
Critics of the paper tariffs say it’s US newspapers that will ultimately be harmed.
US department of Commerce claims Canadian exporters underpriced uncoated groundwood paper by between 0 and 22.16%.
Carr okay with a global approach similar to what the Liberal government did for the softwood lumber industry.
600,000 workers in the newspaper and commercial printing sectors are at risk.
An overall tariff of 6.53% levied on about 25 Canadian plants, mostly in Quebec and Ontario.
Media company acquired the facility as part of its agreement to buy Sun Media’s English-language properties in 2015.
Montreal-based company says the operation may be converted to make different products with a more sustainable future.
Newsprint machine will be converted to manufacture 100% recycled, lightweight linerboard.
$270 million investment in Calhoun pulp mill is its largest since it exited bankruptcy protection five years ago.
As competitors fold, Alberta Newsprint Co. adopts an innovative business strategy that quickly adapts to market conditions.
Company is reducing its capacity for newsprint as it copes with reduced demand.
EDC forecasts double-digit growth this year and in 2015.