Jump to content

Abitibi warns of more capacity cuts


Hoodlum
 Share

Recommended Posts

 

http://www.theglobeandmail.com/report-on-business/abitibi-warns-of-more-capacity-cuts/article1525264/

 

Insolvent newsprint giant AbitibiBowater Inc. says it may be forced to further cut its production capacity this year if market conditions worsen, even as it trimmed losses last year despite lower sales.

 

“North American newsprint consumption continued to decline in 2009 due to a significant decline in circulation and advertising,” it said.

 

Global demand for market pulp increased slightly in 2009, despite significant declines in North America and Western Europe, which were partially offset by increased demand from China.

 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...