Disclaimer: The information provided on the Timber Exchange Market Data Hub is sourced from a variety of publicly available data sources and confidential sources that have not been independently verified. Timber Exchange is not responsible for any expenses, damages, losses, or costs incurred as a result of using or relying on the information provided on this site. By using the Timber Exchange Market Data Hub, you agree to use the information at your own risk and acknowledge that any decisions made based on the information provided are done so solely at your own risk.
Canfor to curtail production by 15% at its Swedish facilities due to low market demand
Posted on September 5, 2022 |
- Canfor Corporation will cut operations at its Swedish facilities due to a decrease in market demand, which will be effective on September 12.
- The reduced operating schedule will decrease production capacity by 15% and it is likely to remain in effect through Q4 2022.
- The decrease in production capacity will be done through reduced shifts and the company will continue to assess and make adjustments to operating schedules based on changes in market demand.