Q3 Paper Outlook — Big Paper Cuts

Cuts Across the Industry
But International Paper isn't the only company to decrease production capacity in recent months as a result of weak demand.

During the first quarter, Bowater curtailed production by approximately 36,000 metric tons of newsprint and 45,000 metric tons of market pulp.

In February, Uniforet extended the downtime at its Port Cartier, Quebec, pulp mill until June. In a statement Uniforet called the measure "necessary because of the weak conditions that persist on the world pulp market."