Ontario’s AV Terrace Bay Pulp Mill Announces Temporary Shutdown, Citing Poor Market Conditions
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AV Terrace Bay Announces Temporary Shutdown of Kraft Pulp Mill
AV Terrace Bay Announces Temporary Shutdown of Kraft Pulp Mill
Terrace Bay, Ontario’s largest community employer, AV Terrace Bay, a part of the global Aditya Birla Group, is temporarily shutting down its pulp mill due to prevailing market conditions, effective immediately, NetNewsledger reported on Wednesday (1-3-24). The decision will impact 400 employees at the facility.
During the shutdown period, the mill will be placed in a state of “warm idle,” a measure taken to facilitate a potential future restart. However, the company has not provided a specific timeline for when operations might resume, NetNewsledger reported.
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