Mercer Suspends Operations at Its Peace River Mill Till Mid-October [Yahoo! Finance]
Carpenter Technology Corporation (CRS)
Last carpenter technology corporation earnings: 4/30 08:00 am
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Source: Yahoo! Finance
MERC reported that its Peace River mill operations will be suspended for repairs of the digester for a mechanical failure. Impacts of Peace River's Halt on Mercer The company forecasts that hardwood pulp (NBHK) production at the mill will be decreased by around 45,000 tons until operations resume. The company has property and business interruption insurance for the Peace River mill and anticipates that the repairs and business interruption will be covered by such insurance. MERC currently estimates the repairs and assessments to be finished by mid-October 2024. Details on MERC's Peace River Mill Located around 500 km north of Edmonton, Peace River's pulp mill operations began in 1990. It produces both softwood (NBSK) and NBHK pulp. The Peace River mill delivers its surplus electricity to the Alberta market at market rates. Peace River holds long-term forest management agreements in Alberta, allowing it to harvest approximately 2.9 million cubic meters of hardwood and 375,0
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CRS
Earnings
- 7/25/24 - Beat
CRS
Sec Filings
- 9/17/24 - Form 4
- 9/17/24 - Form 4
- 9/17/24 - Form 144
- CRS's page on the SEC website