Cascades to permanently close deinked pulp mill in Auburn, Maine; “rapid erosion of P&W paper (&) MDIP market conditions, low potential integration’’, says CEO
(USA, June 17, 2016) Cascades Inc. today announced that it will permanently close its de-inked pulp mill located in Auburn, Maine. Production will end on July 8 and the mill’s doors will close on July 15.
The pulp mill currently employs 45 people.
“The rapid erosion of the printing and writing paper market, the overall deterioration of market conditions for de-inked pulp and the low potential for integration with other Cascades activities are all factors that have had significant negative consequences for our Auburn plant,” said Luc Langevin, President and COO of Cascades Specialty Products Group.
“Despite major efforts to optimize in the past year, the situation at the plant remained extremely difficult. Therefore, we are unfortunately forced to cease operations,” Langevin added.(Source: press release)